CFTC Orders Bitcoin Exchange Bitfinex to Pay $75,000 for. - Binary options geeks

How to register with cftc for binary options trading platform

Law & Regulation - CFTC

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The CFTC publishes in the Federal Register publishes proposed rules, final rules, meeting announcements, and other notices.

The Order finds that by offering to enter into, executing, and/or confirming the execution of off-exchange financed retail commodity transactions, Bitfinex violated Section 4(a) of the CEA, which requires such transactions to be conducted on a designated contract market or derivatives transaction execution facility. The Order further states that because the transactions did not result in actual delivery of bitcoins, Bitfinex could not rely on the exception to the CFTC’s jurisdiction over such transactions, found in Section 2(c)(2)(D)(ii)(III)(aa) of the CEA.

Commodity Exchange Act & Regulations. The laws authorizing CFTC ’s activities and the regulations issued by CFTC to carry out those activities, as well as ...