Commodity Futures Trading Commission appoints members of its Innovation Advisory Committee

The Commodity Futures Trading Commission has announced the membership of its Innovation Advisory Committee, which is intended to serve as a resource on innovation in derivatives and commodity markets and inform the Commission’s regulatory and oversight approach as market technology evolves. Chairman Michael S. Selig is sponsoring the committee and nominated Michael Passalacqua as the designated federal officer. The committee’s members include senior executives and representatives from derivatives and market infrastructure firms and industry bodies, alongside digital asset and technology market participants, with the remit explicitly referencing developments such as artificial intelligence and blockchain technologies.