Chairman of the Product Future Trade Commission (CFTC) has announced a plan for Caroline Fam to launch a series of public round tables aimed at dealing with new issues and opportunities in market structure and innovation.
This initiative emphasizes the commitment of an institution that focuses on major fields such as partner entities, conflicts of interest, predictable market, and rapid digital assets, and adapt to rapidly evolving financial environments.
Fam, a defender of transparency and public involvement, emphasized the importance of preparing the US derivative market for the future, ensuring resilience and fairness.
She mentioned in the press release on January 27:
“As I have said for a long time, CFTC must take an approach with a focus on shifting market structures.
She emphasized how technological innovation has created a “Renaissance in the market”, which has a new opportunity for more people to access, but also introduces the risks that need to be carefully considered. Pham stated that the round table works as a foundation for creating a robust regulation framework notified by research, expert analysis, and public information.
CFTC has developed a comprehensive management record from these discussions, and incorporates recommendations to establish data, expert reports, and “overall approach to evolving market trends”. This approach aims to promote US economic growth and competitiveness while maintaining clear rules to protect the marketness of the market.
In the coming months, CFTC will be involved in a wide range of stakeholders, including industry leaders, market participants, regulatory experts, and public interest organizations. The Round Table Conference promotes open and transparent dialogue and provides the latest information and insights required to deal with complex issues in the derivative market.
This initiative will follow Pham's call last year on the larger general relationship and transparency of the CFTC policy proposal process. The observer regards this as an aggressive movement to deal with the increase in digital assets and technology advances in the market.
A specific date and details of the round table meeting will be announced in the coming weeks. The agency has encouraged stakeholders to participate and strengthened their dedication to building a joint regulation environment that promotes innovation while reducing risks.
It is mentioned in this article
Arabic
Chinese (Simplified)
Dutch
English
French
German
Italian
Portuguese
Russian
Spanish