U.S. Commodity Futures Trading Commission Acting Chairman J. Christopher Giancarlo appointed Daniel Gorfine to serve as Director of LabCFTC and Chief Innovation Officer, effective immediately. Gorfine will be responsible for coordinating with international regulatory bodies, other US regulators, and Congress to determine best practices in implementing digital and agile regulatory frameworks for the CFTC.

"New technologies are increasingly transforming financial markets and services, and have the potential to positively impact market competition and efficiency, as well as how we transact, allocate and move capital, and make financial decisions," said Gorfine. "I am grateful to have this opportunity to implement the vision articulated by Acting Chairman Giancarlo in order to promote market-enhancing FinTech innovation and incorporate emerging regulatory technologies that can help make the CFTC a 21st century digital regulator."

“Daniel is a well-respected leader whose expertise in market-enhancing FinTech will help the CFTC disrupt the status quo and change the way government interacts with our ever-innovating marketplace," Acting Chairman Giancarlo said. "Daniel's addition to the team will move our LabCFTC initiative into its next phase and will further our efforts to make the CFTC a 21st century regulator for our 21st century digital markets."

View the CFTC Press Release.