CFTC: Creates Office of Technology Innovation
- CFTC is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation
- Chairman Rostin Behnam announced a reorganization of FinTech and customer protection efforts
- Chairman Behnam is bolstering the agency’s FinTech efforts by creating the Office of Technology Innovation (OTI)
- FinTech specialist Jason Somensatto, in addition to continuing his role in OTI, will be joining the Chairman’s Office
- Steve Adamske is the director of the Office of Public Affairs and will also serve as interim director of OCEO
- The new Office of Technology Innovation will continue the efforts in incorporating innovation and technology