Melissa Netram has been named the new director of LabCFTC. In her role, she will be responsible for coordinating closely with international and US regulators and Capitol Hill to facilitate market-enhancing innovation, inform public policy, and ensure the CFTC has the understanding to keep pace with the ever changing financial services industry.
“Digital assets and other 21st century commodities are transforming our financial markets, so it is critical that regulators keep up with financial innovation,” says CFTC chairman Heath Tarbert. “Bringing together regulators and innovators is essential for the responsible development of cutting-edge fintech products, and ultimately the long-term success of our economy. LabCFTC is the agency’s answer to that challenge, and I look forward to Melissa’s leadership. Her expertise and vision will help take our efforts to the next level.”
Netram brings to the CFTC more than 15 years of experience developing and executing policy strategy regarding technology and financial services issues. Prior to joining the CFTC, she was the director of global public policy and regulatory affairs for Silicon Valley-based Intuit, where she led the development of the company’s government strategy. As part of her role, Netram led efforts to position Intuit to capitalise on fintech innovations, including serving as a founding member of the Financial Innovation Now Coalition, one of the first DC area fintech groups.
Netram began her career in financial services at the US Department of the Treasury, with a rotation through the Office of the Comptroller of the Currency. Following her government service, she joined The McGraw-Hill Companies and then the Financial Services Roundtable, where she worked extensively on the Dodd-Frank Act.