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Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam

The former LedgerX unit seems to be in good shape, Behnam said at a Chicago event, though its controversial application to directly clear customers’ derivatives trades was withdrawn.

Updated Nov 14, 2022, 6:11 p.m. Published Nov 14, 2022, 4:43 p.m.
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (Suzanne Cordeiro/Shutterstock/CoinDesk)
Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (Suzanne Cordeiro/Shutterstock/CoinDesk)