
Tyler and Cameron Winklevoss on Being the 'Fastest Tortoise in the Race' - Ep.103
Unchained
00:00
The CFTC's Decision Not to Approve the ETF Inhibits Institutionalization
The virtual commodity association, which is your self-regulatory organization that you're trying to establish. The goal long term is definitely to try and seek SRO status. That's achieved by a amendment of the commodities and exchange act that would give it authority similar to what happened with the National Futures Association. It took the NFA seven years to get that authority whereby anybody who traded derivatives and the like hadyou become a member of NFA.
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