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The CFTC and Fintech Innovation, Part 1 – Goals of LabCFTC

“Our chairman has articulated very clearly that you can’t be an analog regulator in an increasingly digital world.  So, our focus is on facilitating market enhancing innovation while ensuring market integrity.”

On May 17, the CFTC announced the launch of its new fintech initiative, LabCFTC. The CFTC hired Daniel Gorfine, a lawyer with a background in financial policy who previously worked for a fintech company, to lead the initiative and become the CFTC’s Chief Innovation Officer on July 10.  Gorfine sat down with JLN to discuss how the CFTC plans to become a 21st century regulator.

 

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Graduate of University of Minnesota School of Journalism and Mass Communication