[discodave]

Why not? Gold is both a commodity and a security (think gold ETFs).

This logic seems like wishful thinking that people can't get rekt by both the SEC and CFTC, they can.

[koolba]

But each of those is a separate thing. Gold the commodity is traded and regulated differently than a gold ETF. Just because they’re both related to the metal does not mean a single regulatory body has dominion over both.