CFTC Commissioner Summer Mersinger: The main reason for the tensions between the SEC and the CFTC is the lack of clarity

Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger said in an interview with CoinDesk, "I think it's definitely a question of who has the appropriate authority between the SEC and the CFTC. In fact, Commissioner Peirce and I will be speaking together at the" Consensus "meeting. We have some similar views. But it's a struggle because sometimes where the argument is, whether it's enforcement cases or other actions that we've said fall under our enforcement authority for fraud and manipulation, we see the SEC start asking questions as if it's within their jurisdiction. So there's definitely some tension here. The main reason for the tension is the lack of clarity.