Regulation· ★★★· neutral·

CFTC tightens scrutiny of 'mention markets' over manipulation risk

  • —DMO says DCMs must assess manipulation risk for each mention-market contract individually
  • —Key factors: the person's obligations, outside pressure, independent verification, insider controls
  • —The advisory is non-binding and creates no new rules
  • —In July the CFTC fined George Santos $35,000 and banned him from trading for three years
Why it matters: Stricter reviews could slow US listings of mention markets while easing pressure on the sector from Congress.
Source: TokenPost
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