Knowledge Test Statement for Derivatives Trading by Sam Bankman-Fried

Sam Bankman-Fried, CEO of the cryptocurrency exchange, FTX, commented on the recent announcements by the Commodity Futures Trading Commission (CFTC). The FTX CEO seems to agree with the disclosures and information tests for derivatives trading.

FTX CEO Sam Bankman-Fried is warming to the new demands. He agreed with Christy Goldman Romero, Commissioner of the US Commodity Futures Trading Commission, on the merits of disclosures and knowledge tests for trading, but announced on Twitter that they do not need to be crypto-specific. Bankman-Fried's statement was in response to comments by Christy Goldman Romero, Commissioner of the US Commodity Futures Trading Commission, who called for the establishment of a household retail investor category to provide additional consumer protections.  "Creating a category of household retail investors could give them more consumer protections. For example, disclosures written in a way that normal people would understand or be able to use when weighing rules on the use of leverage." "I agree 100 percent with Christy Goldman Romero on disclosures and knowledge tests," Sam Bankman-Fried wrote on Twitter. Follow Global Economic Developments on Social Media! Click here to follow Ieconomy official Facebook account! Click here to follow Ieconomy official Instagram account! Click here to follow Ieconomy official Twitter account!