Poorly regulated derivatives were what caused the last financial crisis.
Total nontransparent markets such as the pink sheets? Fingerprinting VWAP trades by institutions and then front running them?
SEC likes to protect the status quo
You say that like there was somebody malign doing that.
>Total nontransparent markets such as the pink sheets?
Or that.
Absence of people to trade with is not something that someone is doing to you.
If you choose not to go the grocery store, but instead see if anyone is selling anything on a random street corner, whose fault is that?
Hey, sometimes there's someone with steaks they have to get rid of fast because the A/C on their truck broke.
UK is taking a bit of action: https://edition.cnn.com/2021/12/22/football/arsenal-socios-a...
https://www.fca.org.uk/publications/policy-statements/ps20-1... / https://www.fca.org.uk/publication/policy/ps20-10.pdf
"We are prohibiting the marketing, distribution and sale in or from the UK to all retail clients, of derivatives and ETNs that reference certain types of unregulated, transferable cryptoassets"
The US bans haggis, and the EU bans Mountain Dew, and few people bat an eye.