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CFTC Chairman testimony on inability to intrude on crypto affiliates as corporations, risks to balance

South Dakota Senator John Thune and Commodity Futures Trading Commission Chairman Rostin Behnam discuss his walled off authority at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform against going into FTX entities versus knowing exactly where customer money is in the ledger X entity and elsewhere within a global leader traded globally, regulatory structures in other places around the world, the balance between validation and risk management and customer protections.
South Dakota Senator John Thune and Commodity Futures Trading Commission Chairman Rostin Behnam discuss his walled off authority at a hearing of the Senate Agriculture Committee weeks after the rapid collapse of the FTX crypto trading platform against going into FTX entities versus knowing exactly where customer money is in the ledger X entity and elsewhere within a global leader traded globally, regulatory structures in other places around the world, the balance between validation and risk management and customer protections.
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Restrictions:
May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Editorial #:
1446234172
Collection:
FedNet
Date created:
December 01, 2022
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:51:01
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1920x1080 29.97p
Source:
FedNet
Object name:
sag120122t