Daily Observation on Cryptocurrency Regulation: Citadel Securities Voices Jurisdiction, Urges SEC and CFTC to End the Chaos of Derivative "Self-Certification"
Released on September 11, 2026. As on-chain prediction market event contracts and crypto perpetual contracts accelerate their penetration into the traditional securities field, top financial market makers on Wall Street have begun to actively engage in reshaping regulatory rules. Market-making giant Citadel Securities recently submitted a joint response document to the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC), clearly stating that the SEC should serve as the absolute primary regulatory authority for U.S. stocks and related products, urging regulators to expedite the approval efficiency of new products and to strictly prevent derivatives exchanges from using self-certification mechanisms to evade securities law jurisdiction.