Federal Regulatory Agencies
Here's a look at documents from federal regulatory agencies
Featured Stories
SEC Charges Canadian Citizen With Fraud Schemes That Targeted Retail Investors on Discord
WASHINGTON, Dec. 10 -- The Securities and Exchange Commission issued the following news release:
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SEC Charges Canadian Citizen With Fraud Schemes That Targeted Retail Investors on Discord
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The Securities and Exchange Commission today charged Canadian citizen Nathan Gauvin and three entities he controlsBlackridge, LLC, Gray Digital Capital Management USA, LLC, and Gray Digital Technologies, LLCwith orchestrating two fraudulent securities offerings that raised more than $18 million from investors across the United States and abroad. Gauvin allegedly misappropriated approximately $6.3 million
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WASHINGTON, Dec. 10 -- The Securities and Exchange Commission issued the following news release:
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SEC Charges Canadian Citizen With Fraud Schemes That Targeted Retail Investors on Discord
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The Securities and Exchange Commission today charged Canadian citizen Nathan Gauvin and three entities he controlsBlackridge, LLC, Gray Digital Capital Management USA, LLC, and Gray Digital Technologies, LLCwith orchestrating two fraudulent securities offerings that raised more than $18 million from investors across the United States and abroad. Gauvin allegedly misappropriated approximately $6.3 millionof investor funds and used fabricated credentials, false performance metrics, and fictitious account statements to lure investors into his schemes.
According to the SEC's complaint, filed in the U.S. District Court for the Eastern District of New York, Gauvin gained a following on Discord by falsely presenting himself as a successful investment professional managing over a billion dollars in assets through Blackridge, which in reality was a mere shell entity. From September 2022 to November 2024, Gauvin and his entities allegedly raised approximately $18.1 million from investors through an unregistered offering of interests in the "Gray Fund," a purported diversified investment fund advised by Gray Digital and Gauvin. The complaint alleges that Gauvin and Gray Digital falsely claimed that the Gray Fund generated double-digit monthly returns and held over $78 million in assets, when, in fact, the fund actually had a monthly compounded return of approximately 1.4% and its assets were far lower than claimed. The complaint further alleges that Gauvin misappropriated investor funds to finance a lavish lifestyle, including using hundreds of thousands of dollars for purchases of custom jewelry, luxury concierge services, real estate, and art.
In a second scheme which began in May 2024, Gauvin allegedly offered "seed stock" in Gray Digital Technologies at $30,000 per share, falsely claiming the company had a $60 million valuation and more than $12 million in annual revenue. In reality, the complaint alleges that Gray Digital Technologies had no operations, assets, or revenue. According to the complaint, Gauvin raised at least $60,000 from two retail investors and then ceased communicating with them about this offering.
"Gauvin exploited the trust of his online followers to perpetrate a brazen fraud," said Jaime Marinaro, Associate Director of the SEC's Fort Worth Regional Office. "Investors should always verify the credentials of anyone offering investment opportunities, especially when those opportunities are promoted through social media or online communities."
The SEC's complaint charges Gauvin and his three entities with violating the antifraud provisions of the federal securities laws and Gauvin, Gray Digital, and Gray Digital Technologies with registration violations. The complaint seeks permanent injunctive relief, disgorgement of ill-gotten gains with prejudgment interest, civil penalties, and conduct-based injunctions against all defendants, along with a bar against Gauvin acting as an investment adviser.
In a parallel action, the U.S. Attorney's Office for the Eastern District of New York today announced criminal charges against Gauvin.
The SEC's Investor Bulletin: How to Check Out Your Investment Professional provides instructions for verifying an investment professional's registration status and background.
The SEC appreciates the assistance of the Commodity Futures Trading Commission and the U.S. Attorney's Office for the Eastern District of New York.
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Original text here: https://www.sec.gov/newsroom/press-releases/2025-141-sec-charges-canadian-citizen-fraud-schemes-targeted-retail-investors-discord
New Jersey special elections reporting: 11th Congressional District (2026)
WASHINGTON, Dec. 10 -- The Federal Election Commission issued the following record:
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New Jersey special elections reporting: 11th Congressional District (2026)
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New Jersey has scheduled a special primary election on February 5, 2026, and a special general election on April 16, 2026, to fill the U.S. House of Representatives seat in the 11th Congressional District vacated by Representative Mikie Sherrill.
Participating candidates must file additional reports in connection with these elections. PACs and party committees that do not file monthly and make previously undisclosed contributions
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WASHINGTON, Dec. 10 -- The Federal Election Commission issued the following record:
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New Jersey special elections reporting: 11th Congressional District (2026)
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New Jersey has scheduled a special primary election on February 5, 2026, and a special general election on April 16, 2026, to fill the U.S. House of Representatives seat in the 11th Congressional District vacated by Representative Mikie Sherrill.
Participating candidates must file additional reports in connection with these elections. PACs and party committees that do not file monthly and make previously undisclosed contributionsor expenditures in connection with the special elections must also file additional reports. Additional information is available on the Dates and deadlines page. PACs and party committees that file monthly should continue to file according to their regular filing schedule.
Resources
* Dates and deadlines
* Filing information for NJ-11 special elections
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Original text here: https://www.fec.gov/updates/new-jersey-special-elections-reporting-11th-congressional-district-2026/
Hexamine (Hexamethylenetetramine) from Germany, India, and Saudi Arabia Injures U.S. Industry, Says USITC
WASHINGTON, Dec. 10 -- The U.S. International Trade Commission issued the following news release:
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Hexamine (Hexamethylenetetramine) from Germany, India, and Saudi Arabia Injures U.S. Industry, Says USITC
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News Release 25-120
Inv. No(s). 701-TA-738 and 731-TA-1713-1715
Contact: Claire Huber, 202-205-1819
The United States International Trade Commission (Commission or USITC) today determined that a U.S. industry is materially injured by reason of imports of hexamine from Germany, India, and Saudi Arabia that the U.S. Department of Commerce (Commerce) has determined are sold in the
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WASHINGTON, Dec. 10 -- The U.S. International Trade Commission issued the following news release:
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Hexamine (Hexamethylenetetramine) from Germany, India, and Saudi Arabia Injures U.S. Industry, Says USITC
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News Release 25-120
Inv. No(s). 701-TA-738 and 731-TA-1713-1715
Contact: Claire Huber, 202-205-1819
The United States International Trade Commission (Commission or USITC) today determined that a U.S. industry is materially injured by reason of imports of hexamine from Germany, India, and Saudi Arabia that the U.S. Department of Commerce (Commerce) has determined are sold in theUnited States at less than fair value by Germany, India, and Saudi Arabia and subsidized by the government of India.
Chair Amy A. Karpel and Commissioner Jason E. Kearns made affirmative determinations of present material injury. Commissioner David S. Johanson made affirmative threat of material injury determinations.
Chair Amy A. Karpel and Commissioner Jason E. Kearns made negative critical circumstances findings with regard to imports of this product from India and Germany. Because Commissioner David S. Johanson made affirmative threat of material injury determinations, he did not reach critical circumstances findings for imports of this product from India or Germany.
As a result of the Commission's affirmative determinations, Commerce will issue antidumping duty orders on imports of this product from Germany, India, and Saudi Arabia and a countervailing duty order on imports of this product from India.
The Commission's public report on Hexamine (Hexamethylenetetramine) from Germany, India, and Saudi Arabia (Inv. Nos. 701-TA-738 and 731-TA-1713-1715 (Final), USITC Publication 5693, December 2025) will contain the views of the Commission and information developed during the investigations.
The report will be available by January 21, 2026; when available, it may be accessed on the USITC website.
Status of proceedings, links to relevant documents, and more information about the investigations can be found at the Commission's Investigations Database System (IDS).
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Original text here: https://www.usitc.gov/press_room/news_release/2025/er1210_67806.htm
FCC Wireline Competition Bureau Issues Public Notice Seeking Comment on ETC Petition Filed by Scott County Telephone Cooperative
WASHINGTON, Dec. 10 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 09-197) on Dec. 9, 2025:
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The Wireline Competition Bureau seeks comment on a petition filed by Scott County Telephone Cooperative, Inc. (SCTC)/1 seeking designation as a Lifeline and High-Cost Eligible Telecommunications Carrier under Section 214(e)(6) of the Communications Act of 1934. SCTC states that its "request is in connection with its jointly filed domestic Section 214 authorization application to acquire and assume Sunset Digital Communications,
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WASHINGTON, Dec. 10 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (WC Docket No. 09-197) on Dec. 9, 2025:
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The Wireline Competition Bureau seeks comment on a petition filed by Scott County Telephone Cooperative, Inc. (SCTC)/1 seeking designation as a Lifeline and High-Cost Eligible Telecommunications Carrier under Section 214(e)(6) of the Communications Act of 1934. SCTC states that its "request is in connection with its jointly filed domestic Section 214 authorization application to acquire and assume Sunset Digital Communications,LLC's Connect America Fund Phase II support and obligations for designated census blocks in Virginia (within Study Area Code 199025) and Tennessee (within Study Area Code 299033)."/2
Procedural Matters
Filing Requirements. Interested parties may file comments and reply comments on or before the dates indicated on the first page of this document. Comments may be filed using the Commission's Electronic Comment Filing System (ECFS). Comments should refer to WC Docket Nos. 09-197.
* Electronic Filers: Comments may be filed electronically using the Internet by accessing the ECFS: https://www.fcc.gov/ecfs/.
* Paper Filers: Parties who choose to file by paper must file an original and one copy of each filing.
- Filings can be sent by hand or messenger delivery, by commercial courier, or by the U.S. Postal Service. All filings must be addressed to the Secretary, Federal Communications Commission.
- Hand-delivered or messenger-delivered paper filings for the Commission's Secretary are accepted between 8:00 a.m. and 4:00 p.m. by the FCC's mailing contractor at 9050 Junction Drive, Annapolis Junction, MD 20701. All hand deliveries must be held together with rubber bands or fasteners. Any envelopes and boxes must be disposed of before entering the building.
- Commercial courier deliveries (any deliveries not by the U.S. Postal Service) must be sent to 9050 Junction Drive, Annapolis Junction, MD 20701.
- Filings sent by U.S. Postal Service First-Class Mail, Priority Mail, and Priority Mail Express must be sent to 45 L Street, NE, Washington DC 20554.
Ex Parte Rules. The proceeding this Public Notice initiates shall be treated as a "permit-but-disclose" proceeding in accordance with the Commission's ex parte rules./3 Persons making ex parte presentations must file a copy of any written presentation or a memorandum summarizing any oral presentation within two business days after the presentation (unless a different deadline applicable to the Sunshine period applies). Persons making oral ex parte presentations are reminded that memoranda summarizing the presentation must (1) list all persons attending or otherwise participating in the meeting at which the ex parte presentation was made, and (2) summarize all data presented and arguments made during the presentation. If the presentation consisted in whole or in part of the presentation of data or arguments already reflected in the presenter's written comments, memoranda or other filings in the proceeding, the presenter may provide citations to such data or arguments in his or her prior comments, memoranda, or other filings (specifying the relevant page and/or paragraph numbers where such data or arguments can be found) in lieu of summarizing them in the memorandum. Documents shown or given to Commission staff during ex parte meetings are deemed to be written ex parte presentations and must be filed consistent with section 1.1206(b). In proceedings governed by section 1.49(f) or for which the Commission has made available a method of electronic filing, written ex parte presentations and memoranda summarizing oral ex parte presentations, and all attachments thereto, must be filed through the electronic comment filing system available for that proceeding, and must be filed in their native format (e.g., .doc, .xml, .ppt, searchable .pdf). Participants in this proceeding should familiarize themselves with the Commission's ex parte rules.
People with Disabilities. To request materials in accessible formats for people with disabilities (braille, large print, electronic files, audio format), send an e-mail to fcc504@fcc.gov or call the Consumer & Governmental Affairs Bureau at 202-418-0530.
Additional Information. For further information regarding this Public Notice, please contact Rebekah Douglas at rebekah.douglas@fcc.gov (WCB).
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Footnotes:
1/ Scott County Telephone Cooperative, Inc. Petition for Designation as an Eligible Telecommunications Carrier Pursuant to Section 214(e)(6) of the Communications Act of 1934, as amended, for High-Cost Support, WC Docket No. 09-197 (filed Sept. 29, 2025), https://www.fcc.gov/ecfs/document/109301599800640/1 (SCTC Petition).
2/ SCTC Petition at 1-2.
3/ 47 CFR Sec. 1.1200 et seq.
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Original text here: https://docs.fcc.gov/public/attachments/DA-25-1041A1.pdf
FCC Wireline Competition Bureau Issues Public Notice Reminding Rural Digital Opportunity Fund Support Recipients of Upcoming Milestones & Notification Requirement
WASHINGTON, Dec. 10 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (AU Docket No. 20-34; WC Docket No. 10-90, 19-126) on Dec. 9, 2025:
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By this Public Notice, the Wireline Competition Bureau (Bureau) provides guidance to Rural Digital Opportunity Fund (RDOF) support recipients regarding the obligation of all recipients to meet the upcoming third-year or fourth-year service milestones. For those RDOF carriers authorized to receive RDOF funding in 2021, the fourth-year service milestone requires building out to at least 60% of that
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WASHINGTON, Dec. 10 -- The Federal Communications Commission's Wireline Competition Bureau issued the following public notice (AU Docket No. 20-34; WC Docket No. 10-90, 19-126) on Dec. 9, 2025:
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By this Public Notice, the Wireline Competition Bureau (Bureau) provides guidance to Rural Digital Opportunity Fund (RDOF) support recipients regarding the obligation of all recipients to meet the upcoming third-year or fourth-year service milestones. For those RDOF carriers authorized to receive RDOF funding in 2021, the fourth-year service milestone requires building out to at least 60% of thatsupport recipient's RDOF locations./1 For those RDOF carriers authorized to receive RDOF funding in 2022 and 2023,/2 the third-year service milestone requires building out to at least 40% of that support recipient's RDOF locations./3
The Bureau reminds all RDOF carriers that for reporting in the High Cost Universal Broadband (HUBB) portal, these carriers have transitioned from reporting the geographic coordinates and addresses associated with the locations where they offer service meeting their high-cost support requirements/4 to reporting the Broadband Serviceable Location Fabric (Fabric) Location IDs associated with these locations based on a list of eligible Location IDs for each carrier./5 In the High-Cost Fabric Order, the Bureau explained that RDOF carriers will transition to reporting Location IDs in their HUBB filings./6 Guidance available at https://www.fcc.gov/wireline-competition/HUBB-Transition explains that these carriers will be required to submit and certify Location IDs by March 2, 2026 for all locations where they offered service pursuant to their high-cost obligations as of December 31, 2025./7
The Bureau also reminds RDOF recipients to notify the Bureau in accordance with sections 54.806(c)(2) or 54.320(d) if they believe they cannot meet the third-year or fourth-year service milestone, as applicable./8 Any support recipient that will not meet its 40% buildout requirement by the end of its third year of support or its 60% buildout requirement by the end of its fourth year of support must notify the Bureau within 10 business days of the third-year service milestone deadline--i.e., by Thursday, January 15, 2026--and provide information explaining this expected deficiency./9
We direct any RDOF support recipient that is obligated to notify the Bureau under section 54.806(c)(2) or 54.320(d) to do so by filing a notification through the Commission's Electronic Comment Filing System (ECFS) in the RDOF docket, WC Docket 19-126. An RDOF support recipient that does not meet its third-year or fourth-year service milestone shall be subject to quarterly reporting and have its support withheld if warranted in accordance with the Commission's rules./10
Unique to the RDOF program, if a 2022 or 2023-authorized support recipient has not made a notification that it cannot meet its 40% service milestone by March 1, 2026 and has deployed to fewer than 20 percent of the required number of locations by the end of 2025, the recipient will immediately be in default and subject to support recovery./11 The Tier 4 status six-month grace period as set forth in section 54.320(d)(iv) will not be applicable./12
Finally, RDOF support recipients that have defaulted early on portions of their RDOF authorized areas but are still receiving RDOF support elsewhere in the same state must continue to comply with the notification requirement in section 54.806(c)(2) or 54.320(d) referenced in this public notice. If a carrier has defaulted on all authorized winning bids in a state and thus is no longer receiving RDOF support, it does not need to make any further milestone notifications for that state.
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Footnotes:
1/ 47 CFR Sec. 54.802(c)(1) ("All recipients of Rural Digital Opportunity Fund support must complete deployment to 40 percent of the required number of locations as determined by the Connect America Cost Model by the end of the third year, to 60 percent by the end of the fourth year. . . .").
2/ Rural Digital Opportunity Fund Support Authorized for 1,764 Winning Bids; Etheric Communications Petition for Waiver Denied, AU Docket No. 20-34 et al., Public Notice, 38 FCC Rcd 101, 101-2 (WCB/OEA 2023); in the 13th Ready to Authorize Public Notice, the Bureau found good cause to grant a limited waiver of section 54.802(c)(1) of the Commission's rules to require the applicants with winning bids announced as ready to authorize in that Public Notice to meet the same service milestones as all Auction 904 (RDOF) support recipients that were authorized in 2022. Rural Digital Opportunity Fund Support for 1,764 Winning Bids Ready to Be Authorized; Bid Defaults Announced, AU Docket No. 20-34 et al., Public Notice, 37 FCC Rcd 14699, 14699-700 (WCB/OEA 2022).
3/ 47 CFR Sec. 54.802(c)(1).
4 To measure progress and monitor compliance with service milestones, the Commission requires recipients of highcost program support to report deployment data in the HUBB and certify that data on an annual basis. 47 CFR Sec. 54.316. The deadline by which to report deployment in the previous year is March 1st. Id. Sec. 54.316(c).
5/ The Broadband DATA Act defines the Fabric as the "common dataset of all locations in the United States where fixed broadband internet access service can be installed, as determined by the Commission." 47 U.S.C. Sec. 642(b)(1)(A)(i). A broadband serviceable location (BSL) is a business or residential location in the United States at which fixed broadband Internet access service is, or can be, installed. Each BSL in the Fabric is assigned a unique identifier (Location ID), which reflects a single point defined by a set of geographic coordinates that fall within the footprint of a structure, as well as other attributes of the structure. "Location" refers to the number of units associated with a BSL in the Fabric.
6/ Connect America Fund et al., WC Docket No. 10-90 et al., Order, 40 FCC Rcd. 281, 292, para. 26 (WCB 2025) (High-Cost Fabric Order).
7/ Wireline Competition Bureau Provides Guidance to Rural Digital Opportunity Fund, et al., Carriers on the Transition to Reporting Fabric Location IDs In the High Cost Universal Broadband Portal; AU Docket No. 20-34 et al., Public Notice, 40 FCC Rcd 2881, 2881 (WCB 2025).
8/ See 47 CFR Sec. 54.806(c)(2); 47 CFR Sec. 54.320(d) (as applicable to RDOF per 47 CFR Sec. 54.806(c)).
9/ Id.
10/ See 47 CFR Sec.Sec. 54.320(d)(1), 54.320(c), 54.806(b),(c).
11/ With March 1, 2026 falling on a non-business day, the deadline is March 2, 2026.
12/ See 47 CFR Sec. 54.320(d)(iv); Rural Digital Opportunity Fund et al., WC Docket No. 19-126 et al., Report and Order, 35 FCC Rcd 686, 716, para. 64 (2020) (RDOF Order) (noting "... it is unlikely that a recipient that substantially misses its third-year milestone would be able to come into compliance in the following year. We therefore direct any support recipient that believes it cannot meet its year three milestone to notify the Bureau and provide information explaining this expected deficiency. If a support recipient has not made such notification by March 1 following the third-year service milestone and has deployed by the end of the third-year milestone to fewer than 20% of its required locations in that state, we will find the recipient to be in default, rather than withholding support and providing an additional six months to come into compliance.").
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Original text here: https://docs.fcc.gov/public/attachments/DA-25-1039A1.pdf
FCC Public Safety & Homeland Security Bureau Issues Public Notice: Region 54 700 MHz 800 MHz Regional Planning Committees to Hold Meetings
WASHINGTON, Dec. 10 -- The Federal Communications Commission Public Safety and Homeland Security Bureau issued the following public notice (PS Docket No. 23-237 and WT Docket 02-378):
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The Region 54 (Southern Lake Michigan)/1 700 MHz and 800 MHz Regional Planning Committees (RPCs) will hold two virtual meetings via Microsoft Teams on Wednesday, December 17, 2025 at 9:00 am (Central Time). The deadline for new applications to be filed for the Fall meeting is December 12, 2025. Applications can be submitted any time prior to that date using www.capradap.org.
The agenda for the 800 MHz RPC
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WASHINGTON, Dec. 10 -- The Federal Communications Commission Public Safety and Homeland Security Bureau issued the following public notice (PS Docket No. 23-237 and WT Docket 02-378):
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The Region 54 (Southern Lake Michigan)/1 700 MHz and 800 MHz Regional Planning Committees (RPCs) will hold two virtual meetings via Microsoft Teams on Wednesday, December 17, 2025 at 9:00 am (Central Time). The deadline for new applications to be filed for the Fall meeting is December 12, 2025. Applications can be submitted any time prior to that date using www.capradap.org.
The agenda for the 800 MHz RPCmeeting includes:
* Old Business
o Applications
- Elgin, City of
- Naperville, City of
- Wisconsin, State of (seven applications)
- Melrose Park, Village of
o For the good of the order
* New Business
o Applications
- Michigan, State of
- Racine, County of (two applications)
o For the good of the order
The 700 MHz RPC meeting will convene immediately following the 800 MHz RPC meeting.
The agenda for the 700 MHz meeting includes:
* Old Business
o Applications
-Kane, County of
-DeKalb, City of
-Wisconsin, State of (two applications)
o For the good of the order
* New Business
o Applications
- Racine, County of
- Newton, County of
o For the good of the order
The Region 54 Regional Planning Committee meetings are open to the public. All eligible public safety providers whose sole or principal purpose is to protect the safety of life, health, or property in the Southern Lake Michigan area may utilize these frequencies. It is essential that not only public safety, but all government, Tribal Nations, and non-governmental organizations eligible under Section 90.523 of the Commission's Rules be represented to ensure that each agency's future spectrum needs are considered in the allocation process. Administrators who are not conversant with telecommunications technology should ensure that their respective agencies are represented by suitably conversant staff.
All interested parties wishing to participate in the planning for the use of public safety spectrum in the 700 MHz and 800 MHz bands within Region 54 are encouraged to attend. For further information and Teams invitation, please contact Ned W. Jacklin via email at nedr54@sbcglobal.net.
Ned W. Jacklin
Secretary, Region 54
Phone: 815-252-2564
nedr54@sbcglobal.net
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Footnote:
1/ The Region 54 (Southern Lake Michigan) 700 MHz RPC encompasses counties in three states bordering Lake Michigan: Winnebago, McHenry, Cook, Kane, Kendall, Grundy, Boone, Lake, DuPage, DeKalb, Will, and Kankakee Counties, Illinois; Lake, LaPorte, Jasper, Starke, St. Joseph, Porter, Newton, Pulaski, Marshall, and Elkhart Counties, Indiana; and Kenosha, Milwaukee, Washington, Dodge, Walworth, Jefferson, Racine, Rock, Walworth, Washington, and Waukesha Counties, Wisconsin. The Region 54 (Southern Lake Michigan) 800 MHz NPSPAC RPC includes the Michigan counties of Kent, Van Buren, Kalamazoo, Barry, Muskegon, Allegan, Berrien, Cass, and St. Joseph, in addition to all of the above-mentioned Illinois, Indiana and Wisconsin counties.
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Original text here: https://docs.fcc.gov/public/attachments/DA-25-1032A1.pdf
Acting Chairman Pham Announces CEO Innovation Council Participants
WASHINGTON, Dec. 10 -- The Commodity Futures Trading Commission issued the following news release:
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Acting Chairman Pham Announces CEO Innovation Council Participants
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First Round is Exchanges, CFTC Continuing to Review Submissions
WASHINGTON Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced the first round of CEO Innovation Council participants, representing exchanges. The CEO Innovation Council will engage in public discussion of market structure developments in derivatives markets. Further information on the CEO Innovation Council will be released
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WASHINGTON, Dec. 10 -- The Commodity Futures Trading Commission issued the following news release:
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Acting Chairman Pham Announces CEO Innovation Council Participants
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First Round is Exchanges, CFTC Continuing to Review Submissions
WASHINGTON Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced the first round of CEO Innovation Council participants, representing exchanges. The CEO Innovation Council will engage in public discussion of market structure developments in derivatives markets. Further information on the CEO Innovation Council will be releasedonce details are finalized.
"The CFTC continues to lead on groundbreaking initiatives that exemplify responsible innovation with public engagement and expert input," said Acting Chairman Pham. "We are building on the success of the CFTC Crypto CEO Forum and the SEC-CFTC Joint Roundtable with our CFTC CEO Innovation Council, specifically focused on market structure developments in derivatives markets such as tokenization, crypto assets, 24/7 trading, perpetual contracts, prediction markets and blockchain market infrastructure. I am grateful to the CEOs who have agreed to share their vision and experience with the Commission as we hit the ground running to prepare for the future and beyond."
CFTC CEO Innovation Council exchange participants:
* Shayne Coplan, CEO, Polymarket
* Craig Donohue, CEO, Cboe Global Markets
* Terry Duffy, Chairman and CEO, CME Group
* Tom Farley, CEO, Bullish
* Adena Friedman, Chair and CEO, Nasdaq
* Luke Hoersten, CEO, Bitnomial
* Tarek Mansour, CEO, Kalshi
* Kris Marszalek, CEO, Crypto.com
* David Schwimmer, CEO, LSEG
* Arjun Sethi, Co-CEO, Kraken
* Jeff Sprecher, CEO, Intercontinental Exchange
* Tyler Winklevoss, CEO, Gemini
Under Acting Chairman Pham's leadership, the CFTC has led rapid advancements on innovation and market structure, including the Crypto CEO Forum, prediction markets, perpetual contracts, and 24/7 trading. The CFTC's Crypto Sprint to implement the President's Working Group on Digital Asset Markets report recommendations is targeted to continue through August 2026 and includes listed spot crypto trading, tokenized collateral and stablecoins, and rulemaking to enable the use of blockchain technology and market infrastructure.
-CFTC-
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Original text here: https://www.cftc.gov/PressRoom/PressReleases/9150-25
