Binance and Its CEO, Changpeng Zhao, Agree to Pay $2.85 Billion for Willfully Evading U.S. Law, Illegally Operating a Digital Asset Derivatives Exchange, and Other Violations: https://t.co/uJ4ER60zPY
The CFTC Technology Advisory Committee that I sponsor has held two public meetings studying Responsible AI:
https://t.co/yP10QVNbs0 3/22/23 starting at 3 hours 31
https://t.co/yP10QVNbs0 7/18/23 starting at 36 mins.
Back from parental leave. In today’s Morning Money: @chopracfpb and @CFTCcgr break down what the future could hold for AI regs in the aftermath of turmoil at OpenAI. https://t.co/6dSp8ulY8Z
EVENT: @CFTCcgr will participate in a Regulatory and Policy Roundtable at the Financial Markets Quality Conference at Georgetown’s Psaros Center for Financial Markets and Policy. Learn more: https://t.co/SjqbZka4QD
EVENT: @CFTCcgr will participate in a bipartisan panel, Explore Pathways to Pursue a Presidential Appointment, at the 2023 National Asian Pacific American Bar Association (NABAPA) Convention: https://t.co/eDggAvjAhI
One of our most important responsibilities is to ensure the safety of customer funds. If customers don’t have confidence in the safety of their funds, our markets will not work well.
Statement of @CFTCcgr: The CFTC’s Sacrosanct Responsibility to Safeguard Customer Funds to Protect Customers and Avoid Systemic Risk. Learn more: https://t.co/wuDJJfy9XE
Very proud of these offices and their outsized results. As a former IG, I know firsthand how important whistleblowers
are. The CFTC could not fully protect customers and markets w/o them. Click to read about the highest # of tips, crypto tips & environmental fraud tips.
Statement of @CFTCcgr in Support of the CFTC’s 2023 Annual Report on the Whistleblower Program and Customer Education Initiatives: https://t.co/imG9Lhu20x
My statement supporting the new Enforcement Division Advisory. Terrific to work w/our staff to get to this point. This will guard against recidivism & penalties looked at as cost of doing business.
Great to be @nyulaw for CFTC Enforcement Director Ian McGinley’s speech announcing new policies regarding higher penalties, stopping routine practices of settling on a no admit nor deny basis, addressing recidivist defendants and more. Very supportive of our staff!
Terrific to be in Tokyo today. Hearing about how global derivatives markets are working, and understanding challenges and opportunities helps me be better informed for policy decisions. Thank you @ISDA@usembassytokyo and @JFSA_en.
Thank you @NASAA for a warm welcome. Read here to see my re-proposal for a National Financial Fraud Registry. I proposed this in 2019 as @SIGTARP after conducting hundreds of fraud investigations.
@philadelphiafed’s terrific Fintech conference—“It all comes down to how regulators can build a safer financial system— one that harnesses the best of technology, while protecting investors and customers, promoting financial stability & guarding against illicit finance.”
Headed to Philly tomorrow for the always impressive Fintech conference by @philadelphiafed. Quite a lineup this year of regulators and many members from @CFTC Technology Advisory Committee that I sponsor.
Great to give closing remarks at #GRASFI23 at Yale University. I made three new proposals of what the CFTC should do to promote market resilience to climate risk and in furtherance of FSOC recs.@yevshrag