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by BWStearns 787 days ago
Options are also contracts and the FTC seems to have succeeded in regulating those.
2 comments

That's the CFTC
Oops you are correct! Broader point still there that federal regulators can regulate contracts though.
the FTC regulates options?

it seems like thats a mixture of the SEC and IRS

CFTC regulates commodities-based options, the SEC securities-based ones. The FTC and IRS are not proximately relevant.
I was charitably hoping they were referring to employee stock options where their existence is primarily due to tax regulations of granting RSUs of illiquid company shares, hence IRS

but yes, not at all relevant

its hard for me to understand why people get the agency acronyms mixed up and interchanged. I can sort of see it, but I’ve just never seen people be so confidently wrong outside of perhaps the eastern medicine crowd.