Mike Selig

Derivatives markets must operate on a uniform basis on a national scale in order to achieve the purposes set out in the Commodity Exchange Act. Geographic access restrictions undermine the national uniformity and consistency that the Act is intended to facilitate.

Today's interpretative guidance ensures that exchanges provide competitive, open, fair, and impartial access to their members pursuant to @CFTC regulations.

For decades, America’s agricultural community has relied on our markets to hedge risk, manage uncertainty, and plan for the future.
 
I’m proud that the @CFTC and @USDA have formalized our partnership through an MOU, and I commend @SecRollins for her commitment to a more coordinated regulatory approach that safeguards the integrity of our markets and ensures they continue serving the agricultural community that feeds and clothes our nation.

Today, equity perps can begin trading for the first time on @CFTC registered exchanges.

This move reflects my commitment to ensuring that America’s markets remain the most innovative, liquid, and well-regulated in the world. Instead of being forced to turn to offshore, unregulated venues to access equity perpetual futures, Americans may now access equity perps on CFTC-regulated markets subject to robust safeguards.

I appreciate the continued partnership of @SECGov and @SECPaulSAtkins as we work to further harmonize our agencies' regulatory initiatives.

Congress provided the @CFTC with exclusive jurisdiction over derivatives markets to establish uniform national standards and requirements for exchanges, brokers, and traders in these markets.

State challenges to this authority threaten the integrity of our markets and the freedom to transact in lawful financial products. We're prepared to fight these challenges all the way up to the Supreme Court. @SaraEisen @SquawkStreet

The @CFTC proposed new regulations to establish a federal registration option for crypto exchanges that would bring to crypto markets the same time-tested safeguards that have protected American derivates markets from cyber and other risks for decades.

Markets are best protected when regulated in the U.S. @SaraEisen @SquawkStreet