CFTC: Issues Final Interpretive Guidance on Actual Delivery for Digital Assets
- Announced the Commission voted unanimously to approve final interpretive guidance concerning retail commodity transactions
- Specifically, the guidance clarifies the CFTC’s views regarding the “actual delivery” exception to Section 2(c)(2)(D) of the Commodity Exchange Act
- These efforts are also especially critical when the hard-earned income of everyday Americans is at stake
- CFTC will continue to do its part to encourage responsible fintech innovation through sound regulation
- CEA section 2(c)(2)(D) renders certain “retail commodity transactions” subject to enumerated provisions of the CEA
- The CFTC’s Division of Market Oversight led the development of the final interpretive guidance