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Aug 6, 2026

CFTC Chairman calls for regulatory support of innovation in $1.2 quadrillion derivatives market

CFTC Chairman Michael Selig stated that regulators must provide space for financial innovation to lead as the global derivatives market enters a new development phase, addressing one of the world's largest financial markets.

Aug 6, 2026·1 source
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Top claims

  • ▪The Commodity Futures Trading Commission directly supervises markets representing nearly half of the global $1.2 quadrillion derivatives market.
  • ▪Commodity Futures Trading Commission Chairman Michael Selig argued in The Economist on August 6, 2026, that regulators must allow financial innovation to lead rather than adopting restrictive international frameworks.
  • ▪Binance.US Chief Executive Stephen Gregory announced at the Rare Evo conference that the exchange plans to apply for a designated contract market license in August 2026.

People involved

Michael Selig

Subtopics

Crypto regulation1DeFi derivatives1Derivatives markets1

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