That's not a strategy, that's a surrender. Today that all changes. Today we get clarity. This bill does eliminate that spot market gap. This bill does clearly delineate the roles of the CFTC from those of the SEC. This bill does protect consumers and investors, as the ranking member said, by requiring much needed disclosures and customer fund segregation. This bill positions America to be the global leader in developing and implementing Web3. (00:41–00:47)
CLAIM
Asserts that the bill delineates the roles of the CFTC and SEC.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
