The U.S. Commodity Futures Trading Commission (CFTC) has initiated a formal nomination process for establishing a high-level advisory council composed exclusively of chief executive officers. This strategic initiative, led by Acting Chairman Rostin Behnam, aims to leverage executive leadership insights in developing regulatory frameworks for rapidly evolving financial sectors. The newly proposed Technology and Innovation Advisory Committee will specifically address policy development for digital assets, cryptocurrency derivatives, prediction markets, and other emergent financial technologies. Behnam emphasized that direct engagement with industry CEOs will provide critical real-world perspectives on technological advancements and market dynamics. The council’s mandate includes identifying potential regulatory gaps, assessing systemic risks, and recommending approaches that balance innovation with consumer protection and market integrity. This move represents a significant step in formalizing public-private collaboration within the derivatives regulatory landscape, acknowledging the accelerating convergence between traditional finance and digital asset markets. The CFTC’s call for nominations signals a proactive approach to regulating complex technological developments that are transforming global financial ecosystems. Committee members will be selected based on their expertise in relevant technological domains and their capacity to contribute to evidence-based policy formulation.
