SEC to Consider New Oversight Rules on Platforms for Trading US Treasuries

Gary Gensler, the US Securities and Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Commission (SEC) Chairman, commented on Tuesday that the watchdog would consider new supervisory rules for some platforms trading US Treasuries. According to Reuters, the manoeuvre seeks to bolster transparency and competition across the markets.

“I’ve asked staff to reconsider (bringing)... certain Treasury trading platforms into the SEC’s regulatory regime and to make recommendations,” Gensler noted, who also opened the doors to oversee other kinds of trading platforms if necessary within this new ruling. The news agency quoted analysts saying that crypto trading platforms could fall within the SEC’s oversight under this rule if the plans go as expected.

Moreover, Gensler suggested that the SEC may consider altering the rules governing equity trading so that smaller companies’ stocks are priced at smaller increments as well as to reevaluate the components of best bids and offers. Moreover, he plans to address any conflicts of interest that may potentially spark how online brokers use digital engagement practices when marketing to investors.

These comments coming from the US SEC Chief come in the midst of concerns regarding illiquidity in the US Treasuries market, which could eventually lead market players to push the US Federal Reserve (Fed) to accelerate interest rates hikes.

US SEC Latest Developments on Cryptos

Last week, the SEC rejected at least one of two recent Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchange-traded fund (ETF) applications because of the risky nature of the leveraged financial products. The latest announcement from the SEC came nearly two days after Valkyrie filed for a leveraged Bitcoin futures ETF and Direxion applied for an inverse fund for bears.

Furthermore, the authority expects to have enough legal power over stablecoins like Tether (USDT). In fact, the US SEC could be greenlighted at any time soon to establish a series of guidelines on how to police these tokens.