"Biden Administration Reverses Trump-Era Rule, Raising Concerns Over Financial Stability In a move that has sparked debate among financial experts and regulators, the US Commodity Futures Trading Commission (CFTC) has announced plans to roll back a key rule implemented by the Trump administration. The rule, which opened American markets to highly leveraged perpetual futures, has raised concerns about the potential for market volatility and increased risk of financial instability. Critics argue that these types of financial products can be particularly vulnerable to market crashes, as they allow investors to take on massive amounts of debt with relatively small upfront payments. As the global economy continues to navigate uncertain times, the reversal of this rule has significant implications for the financial sector and could have far-reaching consequences for investors and consumers alike."
Trump administration has opened American markets to highly leveraged perpetual futures