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TD Cowen Says CFTC Crypto Leverage Rules May Not Be Finalized Before 2028 Election

TD Cowen Says CFTC Crypto Leverage Rules May Not Be Finalized Before 2028 Election

  • TD Cowen said the CFTC’s leveraged crypto trading rules may not be finalized before the 2028 presidential election.
  • The proposal is expected to cover leveraged and margined trading for retail investors, require trading platforms to undergo proof-of-reserves audits, and expand the CFTC’s supervisory authority.
  • Seiberg said that if the rules are finalized around the 2028 election, the next administration could halt or revise the effort, leaving final implementation uncertain.

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Photo: Shutterstock
Photo: Shutterstock

The U.S. Commodity Futures Trading Commission’s effort to regulate leveraged cryptocurrency trading may not be finalized before the 2028 presidential election.

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