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Bankman-Fried ‘100%’ Supports Knowledge Tests for Retail Derivatives Traders According to Cointelegraph



Bankman-Fried ‘100%’ supports knowledge test for retail derivatives traders

Founder and CEO of crypto exchange FTX, Sam Bankman-Fried supported the idea of ​​knowledge and disclosure tests to protect retail investors but said that it should not be exclusive to cryptocurrencies.

Bankman-Fried tweeted his thoughts in response to an idea put forward by commissioner Christy Goldsmith Romero of the Commodity Futures Trading Commission (CFTC) on October 15, speech The establishment of a category of “household retail investors” to trade in derivatives can provide more protection to consumers.