Mike Selig, SEC Crypto Task Force Chief Counsel and Senior Advisor to the Chairmam, said:

I am honored to be nominated by President Trump to serve as the 16th Chairman of the U.S. Commodity Futures Trading Commission. With the President’s leadership, a Great Golden Age for America’s Financial Markets and a Wealth of New Opportunities stand before us. I pledge to work… https://t.co/cO2vLBAv0z

— Mike Selig (@MikeSeligEsq) October 25, 2025

Caroline Pham, acting chair of the CFTC, said:

I congratulate my good friend @MikeSeligEsq on his nomination as @CFTC Chairman. I have known and worked with Mike since his service with former CFTC Chairman @giancarloMKTS. Mike’s deep familiarity with CFTC markets will benefit all our constituents, from agricultural and energy…

— Caroline D. Pham (@CarolineDPham) October 25, 2025

Pham said: “Mike is the right leader for this pivotal moment for innovation and market structure. Together, the CFTC’s Crypto Sprint and SEC’s Project Crypto will usher in a new Golden Age of Crypto.”

Greg Xethalis, general counsel of Multicoin Capital Management, said:

2/ Mike’s served for the last ~8 mos as Chief Counsel of the Crypto Task Force & senior advisor to Chairman Atkins. But his knowledge isn't restricted to securities. Mike is a CFTC guy and cross jurisdictional expert on the Commodities Exchange Act and Federal securities laws.

— Greg Xethalis (@xethalis) October 24, 2025

4/ Both at Willkie and during time at the CFTC in 2014 and 2015, he worked under the tutelage of former CFTC Chairman and “Crypto Dad” @giancarloMKTS. That background and mentorship makes him a familiar face to the Ag Committees and a deep thinker on CEA issues.

— Greg Xethalis (@xethalis) October 24, 2025

6/ We’ve seen spectacular work by Mike as Chief Counsel of the Crypto Task Force at the SEC. He’s been triaging issues and directing thoughtful prioritization and execution of @SECPaulSAtkins' Project Crypto vision… and doing so with prudent restraint and careful analysis.

— Greg Xethalis (@xethalis) October 24, 2025

8/ Yes, the CFTC is likely going to get tapped for new crypto market authority, but Mike’s job is keeping the agency focused on its core mandates while leveling up in new areas like event contracts, perpetual futures (and similar products) and crypto.

— Greg Xethalis (@xethalis) October 24, 2025

10/ It also is a big sign that POTUS supports harmonization between these two independent agencies. Only a polyglot who gets both the CEA and the Federal securities laws can properly lead harmonization efforts for parties who are regulated under these two frameworks.

— Greg Xethalis (@xethalis) October 24, 2025

11/ Just as with Chair Atkins nomination at the start of the year, this is a great day for American Markets.

Congrats @MikeSeligEsq pic.twitter.com/hg4JxthwRr

— Greg Xethalis (@xethalis) October 24, 2025

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