The CEO and founder of the cryptocurrency exchange FTX Sam Bankman-Fried has been a proponent of disclosures and knowledge tests to safeguard investors from retail, however, he said that it shouldn’t only be a crypto-specific.
Bankman-Fried posted his thoughts on Twitter in response to an idea proposed by Commodities Future Trading Commission (CFTC) commissioner Christy Goldsmith Romero on Oct. 15, saying that the creation of the “household retail investor” category to trade derivatives could offer more protections for consumers.
