Huo Xing Finance reports that the nonprofit financial reform advocacy group Better Markets has criticized the CFTC’s proposed framework for retail crypto trading, arguing that it offers weaker investor protections than the SEC. On Monday, the CFTC opened a public comment period on its proposed framework governing retail crypto trading involving margin, leverage, or financing. Benjamin Schiffrin, Better Markets’ Head of Securities Policy, stated that unlike the SEC, the CFTC lacks a statutory mandate to protect investors; its mission is to regulate commodity and derivatives markets historically dominated by large institutions with minimal retail participation, making the CFTC the wrong agency to oversee retail crypto trading. Better…