Vice Chairman @coinbase; fmr GC Citadel Securities, SEC Senior Advisor, White House Atty | law, politics, crypto & Duke bball (not necessarily in that order)
This is a major step toward bringing equity perps to U.S. investors -- backed by a security futures framework with a 25-year track record.
Rigorous process. Strong investor protections. Clear U.S. oversight.
U.S. investors should have access to the world’s most actively traded products -- under U.S. rules.
We're working to bring single stock perps to the US.
This week, we filed SEC-notice registrations for our derivatives exchange and broker.
We'll be collaborating closely with the SEC and CFTC to bring more major financial products onshore.