Publications
CFTC’s Position on Bitcoin — and What It Means
September 25, 2015
On Sept. 17, 2015, the U.S. Commodity Futures Trading Commission issued an order against an online platform (and against its sponsor) for facilitating the trading of Bitcoin options contracts. In the order, the CFTC sets forth a number of holdings and findings that serve to establish its formal position on the regulatory characterization of virtual currencies such as Bitcoin. In this article, SRZ partners Brian T. Daly, Marc E. Elovitz and Donald J. Mosher, special counsel Jacob Preiserowicz and associate Melissa G.R. Goldstein discuss the implications of the CFTC’s position.
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Alerts
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Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]