President Trump picks Michael Selig, the chief counsel for the SEC's crypto task force, to chair the CFTC, amid a crypto push
market structure legislation needs to cross the finish line to deliver clear, workable rules for builders and consumers. Mike's leadership will be a major asset. Bill Hughes / @billhughesdc : Congrats @MikeSeligEsq. You'll be of great service to your agency and the country at @CFTC . Your leadership at the @SECGov crypto task force will be missed. Greg Xethalis / @xethalis : 1/ Bloomberg is now reporting that President Trump is about to make official his nomination of @MikeSeligEsq to be Chairman of the CFTC. So who is Mike and why is this important? Greg Xethalis / @xethalis : 5/ In private practice, Mike worked on traditional finance matters and crypto matters over the last ~6 years. I can speak with experience that Mike is one of the best practitioners (& practical advisors) on how complex products and tech interact with legacy finance systems/rules. Greg Xethalis / @xethalis : 11/ Just as with Chair Atkins nomination at the start of the year, this is a great day for American Markets. Congrats @MikeSeligEsq [image] Greg Xethalis / @xethalis : 2/ Mike's served for the last ~8 mos as Chief Counsel of the Crypto Task Force & senior advisor to Chairman Atkins. But his knowledge isn't restricted to securities. Mike is a CFTC guy and cross jurisdictional expert on the Commodities Exchange Act and Federal securities laws. Greg Xethalis / @xethalis : 8/ Yes, the CFTC is likely going to get tapped for new crypto market authority, but Mike's job is keeping the agency focused on its core mandates while leveling up in new areas like event contracts, perpetual futures (and similar products) and crypto. Miles Jennings / @milesjennings : Great news. Mike has played a key role in the SEC's complete reversal on crypto this year, helping turn the agency into a true partner to industry, and he's long been a champion for crypto. His leadership, diligence and thoughtfulness are going to be real assets at the CFTC. @perkinscr97 : Great pick @realDonaldTrump! @MikeSeligEsq is going to be a terrific @CFTC Chairman. Let's get him confirmed asap. https://www.theblock.co/... Robert Leshner / @rleshner : Congratulations to Michael Selig on the nomination; he'll be an incredible CFTC chair. America is in great hands with a chair who understands the nuances of crypto so well @digitalchamber : We confidently support the nomination of Michael Selig as CFTC Chair. This is a critical era for crypto policy and @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto's potential to position the U.S. as a financial leader for generations. [image] @0xfoobar : Huge congrats to @MikeSeligEsq as (nominated?) next CFTC chair Been a pleasure working with him personally, great to have cryptonatives leading the regulatory charge https://www.theblock.co/... Jacob Robinson / @jacobrobinsonjd : Congrats to @MikeSeligEsq on the well deserved nomination! In the crypto law trenches for years, Mike's done exceptional work everywhere he's been, most recently with the SEC's Crypto Task Force. Bonus: He's one of the nicest people you'll meet, and is a regular on Law of Code. LinkedIn: Carl Kennedy : Congratulations Michael Selig on being nominated to chair the Commodity Futures Trading Commission! — https://lnkd.in/...
Great to see Mike Selig nominated to chair the CFTC. The timing couldn't be more important—market structure legislation needs to cross the finish line to deliver clear, workable rules for builders and consumers. Mike's leadership will be a major asset.
Congrats @MikeSeligEsq. You'll be of great service to your agency and the country at @CFTC . Your leadership at the @SECGov crypto task force will be missed.
1/ Bloomberg is now reporting that President Trump is about to make official his nomination of @MikeSeligEsq to be Chairman of the CFTC. So who is Mike and why is this important?
5/ In private practice, Mike worked on traditional finance matters and crypto matters over the last ~6 years. I can speak with experience that Mike is one of the best practitioners (& practical advisors) on how complex products and tech interact with legacy finance systems/rules.
2/ Mike's served for the last ~8 mos as Chief Counsel of the Crypto Task Force & senior advisor to Chairman Atkins. But his knowledge isn't restricted to securities. Mike is a CFTC guy and cross jurisdictional expert on the Commodities Exchange Act and Federal securities laws.
8/ Yes, the CFTC is likely going to get tapped for new crypto market authority, but Mike's job is keeping the agency focused on its core mandates while leveling up in new areas like event contracts, perpetual futures (and similar products) and crypto.
Great news. Mike has played a key role in the SEC's complete reversal on crypto this year, helping turn the agency into a true partner to industry, and he's long been a champion for crypto. His leadership, diligence and thoughtfulness are going to be real assets at the CFTC.
Congratulations to Michael Selig on the nomination; he'll be an incredible CFTC chair. America is in great hands with a chair who understands the nuances of crypto so well
We confidently support the nomination of Michael Selig as CFTC Chair. This is a critical era for crypto policy and @MikeSeligEsq is prepared to lead @CFTC from day one with a strong understanding of crypto's potential to position the U.S. as a financial leader for generations. [i…
Huge congrats to @MikeSeligEsq as (nominated?) next CFTC chair Been a pleasure working with him personally, great to have cryptonatives leading the regulatory charge https://www.theblock.co/...
Congrats to @MikeSeligEsq on the well deserved nomination! In the crypto law trenches for years, Mike's done exceptional work everywhere he's been, most recently with the SEC's Crypto Task Force. Bonus: He's one of the nicest people you'll meet, and is a regular on Law of Code.