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Comment for General CFTC Request Input on All Recommendations for the CFTC in the President's Working Group on Digital Asset

  • From: Andrew Maratea
    Organization(s):
    Topstep LLC

    Comment No: 113935
    Date: 11/26/2025

    Comment Text:

    Topstep LLC is pleased to have the opportunity to respond to the Commodity Futures Trading Commission’s request for input on the recommendations made by the President’s Working Group on Digital Asset Markets in its July 30, 2025 report, to respond to the CFTC’s request for input on the use of tokenized collateral, including stablecoins, in derivatives markets, and to provide broader input concerning the Commission’s Crypto Sprint initiative.

    Topstep operates as the parent company to an enterprise of businesses all sharing a common goal to help retail traders build and maintain discipline and consistency both prior to and while trading live capital. This enterprise includes, without limitation, Topstep, comprised of an experiential simulation and evaluation program for aspiring retail traders as well as a proprietary trading firm, TopstepX, a trading platform designed with the intent for retail traders to develop sound habits, discipline, and risk management in trading, TopstepTV, a digital media network offering real-time trading insights and education for the global trading community, and Topstep Brokerage, a retail-focused introducing broker registered with the Commodity Futures Trading Commission and a member of the National Futures Association.