TD Cowen warns CFTC crypto rules may fail before 2028 election
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
TD Cowen analysts warned that the Commodity Futures Trading Commission's new framework for leveraged crypto trading might not be finalized before the 2028 presidential election. The agency began a rulemaking process on October 5, 2026, seeking public input on a federal framework for retail crypto transactions involving leverage, margin, or financing. Analysts argue that rules finalized close to an election risk being rewritten or scrapped by a new administration.
From insidebitcoins.com
Why it matters
The rules address a federal framework for retail crypto transactions involving leverage and financing. The timing of the rule finalization raises concerns about regulatory stability and compliance certainty within the crypto market.
From insidebitcoins.com
Who's involved
- TD CowenIssued the warning regarding the regulatory timeline for crypto rules.
- CoinbaseCryptocurrency exchange platform potentially affected by compliance uncertainty.
- Toronto-Dominion BankParent company of TD Cowen.
- NasdaqStock exchange where TD Cowen provides financial research.
- Securities and Exchange CommissionGovernment agency under whose framework TD Cowen operates.
- onsemiSemiconductor company that TD Cowen previously downgraded.
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The entities involved
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TD Cowen
American investment bank
Related events
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