House Ag Hearing
On March 6, the House Agriculture Committee held a hearing entitled, “For the Purpose of Receiving Testimony from the Honorable Rostin Behnam, Chairman, Commodity Futures Trading Commission (CFTC).” The sole witness in the hearing was CFTC Chairman Rostin Behnam. Below is a summary of the hearing prepared by Delta Strategy …
Read MoreHouse Passes Tax Bill
Last night, the House of Representatives passed a bipartisan, bicameral tax bill structured by House Ways and Means Committee Chair Jason Smith (R-MO) and Senate Finance Committee Chair Ron Ryden (D-OR) by a vote of 357-70. The bill is a compromise that gives Democrats an expansion of COVID-era child tax …
Read MoreCFTC RFC on AI
On January 25, the Commodity Futures Trading Commission (CFTC) Divisions of Market Oversight, Clearing and Risk, Market Participants, and Data, and the Office of Technology Innovation issued a request for comment (RFC) seeking formation on the potential uses and risks of artificial intelligence (AI) in the markets regulated by the …
Read MoreCFTC Open Meeting
On December 13, the Commodities Futures Trading Commission (CFTC) held an open meeting to consider two new rule proposals and the application of Bitnomial Clearinghouse LLC for registration as a Derivatives Clearing Organization (DCO). The Commission discussed and voted to issue two new proposed rules: (1) Operational Resilience Framework for …
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