Commodity Futures Trading Commission Acting Chairman Caroline D. Pham is launching a series of public roundtables on evolving trends and innovation in market structure, including issues such as affiliated entities and conflicts of interest, prediction markets, and digital assets. Pham renewed calls for open public engagement and increased transparency by the CFTC on its policy approach to changes in derivatives markets last year.

“As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants,” Pham said. “Innovation and new technology has created a renaissance in markets that presents new opportunities that are accessible to more people, as well as risks. The CFTC will get back to basics by hosting staff roundtables that will develop a robust administrative record with studies, data, expert reports, and public input. A holistic approach to evolving market trends will help to establish clear rules of the road and safeguards that will promote U.S. economic growth and American competitiveness.”

Over the next several months, the CFTC will engage with industry leaders, market participants, other market structure experts, and public interest groups through open and transparent public roundtables to provide the CFTC with the best information and latest data. Details about the series will be provided as they become available.

Source: CFTC

AIMA outlines near-term priorities for acting CFTC Chair Pham

AIMA and the ACC have written directly to the Honorable Caroline Pham to congratulate her on assuming the role of Acting Chair of the U.S. Commodity Futures Trading Commission.

The letter also outlines several short-term objectives that would immediately benefit the alternative investment industry and market confidence.

These requests include:

• Extending the compliance date for the pending amendments to Form PF until 12 September 2025
• Replacing “regulation via enforcement” with an approach that prosecutes bad actors while rewarding responsible innovators
• Amending the Japan Securities Clearing Corporation’s Exemptive Order from registration as a Derivatives Clearing Organization

AIMA and the ACC look forward to working productively with Chair Pham and the CFTC.

Read the full letter here.

Source: AIMA