Commodity Futures Trading Commission (CFTC)

Introduction Chairwoman Stabenow, Ranking Member Boozman, and members of the Committee, thank you for the opportunity to appear before you today as Chairman of the Commodity Futures Trading Commission (CFTC or Agency) to discuss the state of the digital asset commodity market.  Before I begin, I would like to recognize and thank my fellow CFTC

The Spring 2024 regulatory agenda (the “Agenda”) of the Commodity Futures Trading Commission was recently published as part of the government-wide Unified Agenda of Federal Regulatory and Deregulatory Actions. [1]   These semiannual submissions set out the CFTC’s Agenda of rulemakings that it expects to propose or finalize over the next year. I do not

I. I have recently reviewed the allegations against the CFTC in the publicly reported Rule 11 sanctions motion in CFTC v. Traders Global Group and become aware of the admonishments in the Court’s opinion dated November 14, 2023. This is a grave matter, and we, the Commission, will be subject to intense scrutiny over how

Public Statements & Remarks June 28, 2024 Washington, D.C. — Commodity Futures Trading Commission (CFTC) Commissioner Caroline D. Pham released the following statement on the U.S. Supreme Court decision in SEC v. Jarkesy:  “As I’ve said before, ‘administrative proceedings, where the agency is the prosecutor, judge, and jury, lack the checks-and-balances imposed by separation of powers