TechFlow News, June 4: According to a Cointelegraph report, the U.S. Commodity Futures Trading Commission (CFTC) announced on June 4 the repeal of its nearly 30-year-old “neither admit nor deny” policy. Introduced in 1998, this policy required defendants to agree not to publicly deny the CFTC’s allegations as a condition of settlement. CFTC Chair Rostin Behnam stated that this move aligns with the broader direction across federal regulatory agencies and grants the Commission greater flexibility in enforcement settlements. Earlier, in May, the Securities and Exchange Commission (SEC) had already repealed a similar policy. Several crypto companies had criticized the rule for restricting their freedom of speech.
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