Deepchoice TechFlow News: On March 17, the Market Participants Division (MPD) of the U.S. Commodity Futures Trading Commission (CFTC) announced that it has issued a no-action letter regarding Phantom Technologies Inc.'s application, exempting it from broker registration requirements under specific conditions.
The letter relates to software services that Phantom proposes to provide to users, designed to facilitate transactions between users and registered futures commission merchants, introducing brokers, and designated contract markets. According to the letter, the MPD will not recommend that
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