Giancarlo Sets New Course for CFTC That Includes Focus on FinTech Firms

In addition to setting a plan to foster fintech innovation, he also laid out a new strategy to reduce the Commission's regulatory footprint, much to the relief of those in attendance at the FIA Boca conference.

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At this year’s Futures Industry Association (FIA) Boca conference, Christopher Giancarlo, who was giving his first speech after being named by President Donald Trump as the permanent chairman of the Commodity Futures Trading Commission (CFTC), laid out his vision for the regulatory body going forward under the new administration’s watch.

He says that the Commission’s focus—and the focus of other regulators in the US—since the 2008 financial crisis has been to create a “regulatory superstructure

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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