U.S. SEC Commissioner Hester Peirce Discusses Perpetual Contracts and Prediction Market Regulation: Emphasizing Self-Custody and Financial Privacy Principles

Deep Tide TechFlow News, June 20 — U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce shared her views on perpetual contracts, prediction markets, and the future regulation of digital assets, with an overall tone leaning towards positivity and openness.

Hester Peirce reviewed the Rule 611 trading transparency proposal, which has been under discussion for about 20 years, noting that the so-called "innovation exemption" mechanism will be intentionally set as strict and limited to balance market innovation with investor protection. Hester Peirce stated that clearer regulatory frameworks should be adopted for new financial products such as tokenized securities, perpetual contracts, and prediction markets, rather than simple restrictions or vague regulation. She also emphasized two core principles: self-custody and financial privacy should become fundamental rights in future regulatory systems and should be incorporated into the design of subsequent digital asset regulation.