# With CLARITY Stalled, the CFTC Exempts Passive Software Builders From Broker Registration

Ten conditions define the relief, including no order routing discretion, no buy or sell signals and no custody of user assets, extending a carve-out previously granted to a single firm.

- Published: 2026-09-18T05:52:43.927Z
- Canonical: https://polylog.news/crypto/2026-09-18/with-clarity-stalled-the-cftc-exempts-passive-software-build
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [Polylog editors](https://polylog.news), [CoinDesk](https://www.coindesk.com/policy/2026/09/17/kevin-o-leary-says-congress-will-revisit-clarity-by-second-quarter-as-crypto-tax-bill-advances)

The Market Participants Division of the United States Commodity Futures Trading Commission (CFTC) said on September 17 that it will not recommend enforcement action against developers of passive trading software for failing to register as i…

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