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Options are also contracts and the FTC seems to have succeeded in regulating those.
by BWStearns 2y ago
Options are also contracts and the FTC seems to have succeeded in regulating those.
- yieldcrv 2y agothe FTC regulates options? it seems like thats a mixture of the SEC and IRS
- JumpCrisscross 2y agoCFTC regulates commodities-based options, the SEC securities-based ones. The FTC and IRS are not proximately relevant.
- yieldcrv 2y agoI was charitably hoping they were referring to employee stock options where their existence is primarily due to tax regulations of granting RSUs of illiquid company shares, hence IRS but yes, not at all relevant its hard for me to understand why people get the agency acronyms mixed up and interchanged. I can sort of see it, but I’ve just never seen people be so confidently wrong outside of perhaps the eastern medicine crowd.
- deleted 2y ago[deleted]
- fallingknife 2y agoThat's the CFTC
- BWStearns 2y agoOops you are correct! Broader point still there that federal regulators can regulate contracts though.