Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC
Bitcoin Magazine Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC President Donald Trump is about to select Michael Selig to chair the Commodity Futures Trading Commission (CFTC). This post Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin Magazine
Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC
President Donald Trump has selected Michael Selig, chief counsel for the Securities and Exchange Commission’s crypto task force, to chair the Commodity Futures Trading Commission (CFTC).
Selig’s nomination, first reported by Bloomberg, marks Trump’s second attempt to fill the CFTC’s top post, following the stalled nomination of Brian Quintenz, a16z crypto’s global policy chief, amid opposition from Gemini co-founder Tyler Winklevoss.
Selig, who serves as an aide to SEC Chairman Paul Atkins, has been instrumental in coordinating regulatory approaches between the SEC and CFTC on financial and crypto market oversight.
The CFTC, which regulates futures, swaps, and prediction markets, is gaining greater prominence as Congress considers new crypto market structure legislation.
Before joining the SEC, he was a partner at Willkie Farr & Gallagher, specializing in asset management.
Selig’s appointment will require Senate confirmation.
JUST IN:
Tags:
What's Your Reaction?
