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ARTICLE · 26 DECEMBER 2025

Congratulations, CFTC Chairman Selig

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Warm congratulations to the Honorable Michael Selig, who was confirmed by the Senate on December 18 (and sworn in on December 22) as the 16th Chair of the Commodity Futures Trading Commission...

United StatesFinance and Banking
Carl E. Kennedy
Carl E. Kennedy
Daniel J. Davis
Daniel J. Davis
Michael Didiuk
Michael Didiuk
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Stephen R. Morris
Stephen R. Morris
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Warm congratulations to the Honorable Michael Selig, who was confirmed by the Senate on December 18 (and sworn in on December 22) as the 16th Chair of the Commodity Futures Trading Commission (CFTC or Commission). This key appointment builds on the foundational work of Acting Chairman Caroline D. Pham to modernize the Commission and sets the stage for a clearer, innovation-forward regulatory posture in US derivatives and digital asset markets.

Three top things to know

  1. Chairman Selig is a pragmatic, reform-minded regulator who prizes clarity and process over ambiguity and ad hoc enforcement. In his confirmation hearing, he framed his leadership around “common‑sense, principles‑based” regulation, emphasizing that uncertainty bred by “‘regulation by enforcement' and unwritten ‘staff lore'” deters compliant market participation and should give way to clear, accessible rules adopted through formal processes. He has also signaled a tighter enforcement focus on core

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