A post by @CFTC on X.

The U.S. Commodity Futures Trading Commission issued an interpretation of its impartial access requirements, clarifying how regulated exchanges must grant access to market participants. The guidance addresses when designated contract markets may deny or condition access without running afoul of the agency's fair-access standard. The move matters because it sets expectations for exchanges as they weigh onboarding new types of participants, including crypto-native firms. What to watch next is how DCMs adjust their rulebooks and onboarding policies in response, and whether further CFTC guidance follows.