Acting chairman of the Commodity Futures Trading Commission (CFTC) Caroline Pham unveiled plans to launch a series of public round tables aimed at tackling emerging challenges and opportunities in market structure and innovation.
The initiative will focus on important areas such as affiliated entities, conflicts of interest, prediction markets and the budding field of digital assets, which underlines the dedication of the agency to adjust its supervision of the rapidly evolving financial landscape.
Pham, who has been an advocate for transparency and public involvement, emphasized the importance of preparing the American derivatives markets on the future and at the same time guarantees resilience and fairness.
She stated in the press release of January 27:
“As I have said for a long time, the CFTC must follow a future -oriented approach in shifts in the market structure to ensure that our markets remain alive and resilient and protect all participants.”
She emphasized how technological innovation created a “Renaissance in markets” that offers new opportunities for more people, but also introduces risks that must be carefully considered. Pham noted that the round tables will serve as a basis for making a robust regulatory framework that has been informed by studies, analysis of experts and public input.
The CFTC plans to develop an extensive administrative record from these discussions, recording data, expert reports and recommendations to set up a “holistic approach to evolving market trends”. This approach is intended to promote US economic growth and competitiveness while maintaining clear rules that protect market integrity.
In the coming months, the CFTC will deal with a wide range of stakeholders, including market leaders, market participants, legal experts and public interest groups. The round tables will facilitate open and transparent dialogue and offer the Up-to-date and Insights Office that are needed to tackle complex challenges at the derivatives markets.
This initiative follows the calls of Pham last year for more public involvement and increased transparency in the policy processes of the CFTC. Observers consider this a proactive step to tackle the growing influence of digital assets and technological progress on market conditions.
Specific dates and details for the round table sessions will be announced in the coming weeks. The agency has encouraged stakeholders to participate, which strengthens its dedication to building a cooperation -regulating environment that promotes innovation and limits the risks.
