Techub News reports that, according to Eleanor Terrett, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins delivered a speech at a futures industry conference in Boca Raton, Florida, outlining several initiatives to promote regulatory coordination between the SEC and CFTC. Among them, regarding prediction markets, he called for clear consensus among agencies on event contracts, including whether certain contracts should be considered securities swaps or other securities. Paul Atkins also stated that cross-margining is a way to release liquidity held in separate accounts within the derivatives market, allowing firms to use the same collateral across related platforms.

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