The coronavirus pandemic has forced world central banks, already struggling to deal with cryptocurrencies, stablecoins and other non-traditional monies, to up their game on the use of digital currencies and other new technologies. “COVID-19 has forced an unprecedented experiment in digitalisation, across our lives, including work and in commerce…,” said Benoit Coeure, former ECB executive […]
Tag: Christopher Giancarlo
New York law firm Willkie Farr & Gallagher has announced that the appointment of former chair of the US Commodity Futures Trading Commission (CFTC) Christopher Giancarlo as a senior counsel. Giancarlo served as chairman and chief executive of the CFTC from August 2017 to July 2019 after being nominated as a CFTC commissioner by President […]
Matthew Kulkin is leave the Commodity Futures Trading Commission (CFTC) where he was director of its Division of Swap Dealer & Intermediary Oversight (DSIO), later this summer. Kulkin joined CFTC in 2017 to lead the DSIO, the CFTC’s division that primarily oversees derivatives market intermediaries, including swap dealers, futures commission merchants, commodity pool operators, commodity […]
Heath Tarbert is to be nominated by the US government to be the next chair of the Commodity Futures Trading Commission. His appointment is subject to Congressional approval, however he was appointed to his current role at the US Treasury by the US Senate with a huge majority and is expected to attract similar support.
Tarbert will take the reins of the US regulator from Christopher Giancarlo, who was appointed to the role in 2017 and is due to step down at the end of April 2019
The US Senate has confirmed Christopher Giancarlo as the permanent chairman of the Commodity Futures Trading Commission (CFTC), while Rostin Behnam and Brian Quintenz have been confirmed as commissioners.
Dawn Stump has also been nominated as a CFTC commissioner, but is still awaiting Senate confirmation.
“Honored to be confirmed by @ussenate as Chairman of the @CFTC, along w/2 new Comn’rs Benham & Quintenz. Expect Dawn Stump confirmation soon,” said Giancarlo on Twitter immediately after the Senate decision.
Giancarlo was named as the acting chairman of the CFTC in January and was nominated to head the Commission on a permanent basis in March.
The US Commodity Futures Trading Commission (CFTC) has launched LabCFTC, a new initiative aimed at promoting responsible FinTech innovation to improve the quality, resiliency, and competitiveness of the markets the CFTC oversees.
Located in New York, LabCFTC will also look to accelerate CFTC engagement with FinTech and RegTech solutions that may enable the CFTC to carry out its mission responsibilities more effectively and efficiently. The initiative was approved by a unanimous vote of the Commission.
“Simply put, LabCFTC is intended to help us bridge the gap from where we are today to where we need to be: 21st century regulation for today’s digital markets,” says CFTC Acting Chairman Christopher Giancarlo.
US Commodity Futures Trading Commission (CFTC) acting chairman Christopher Giancarlo has announced the appointment of James McDonald to be the director of the agency’s Enforcement Division. McDonald, who was most recently a prosecutor in the Southern District of New York, brings to the agency a successful track record of pursuing white collar and other crimes, […]
Following the news that he had been nominated by the Trump administration to be the new chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, has laid out a new agenda for the Commission.
Speaking at the FIA Boca conference in Florida, Giancarlo emphasised the need for the CFTC to foster economic growth in the markets that it oversees by reducing regulatory burden, improving market intelligence and embracing new technology.
To help reduce the regulatory burden on derivatives market participants, Giancarlo announced the launch of “Project KISS”, with the acronym standing for “Keep It Simple Stupid”.
Christopher Giancarlo has been nominated by the Trump administration to be the next Chairman of the US Commodity Futures Trading Commission (CFTC).
Giancarlo made his first public appearance since the nomination at the FIA Boca event, where he advocated a new agenda for the CFTC that focused on fostering economic growth, enhancing US financial markets and “right-sizing” the regulators’ footprint.
“I am grateful that the White House made the announcement before todays’ speech,” he told reporters afterwards. Commenting on his new agenda for the CFTC he added: “You can read into it what you will as to the extent to which I think it is in alignment with where the President wishes to go with his approach to financial regulation.”
Just days from Inauguration, SEFCON VII takes a look at the incoming Trump Administration, bringing together a unique roster of speakers from across the regulatory, legislative, banking and buy side sectors. The event is hosted by the Wholesale Markets Brokers Association Americas and takes place at The Roosevelt on Jan 18 in New York.
Industry leaders will discuss how the incoming Administration is expected to take shape, how the industry is likely to be impacted and which rules may be challenged. Keynote addresses by current CFTC Chairman Timothy Massad, and CFTC Commissioner J. Christopher Giancarlo will be followed up with a special “View from the Hill” session with Rep. Bill Huizenga (R-MI), Chair of the Capital Markets, Securities and Investment Subcommittee, House Financial Services Committee.