This is the archived account of former CFTC Chair Rostin Behnam. This account is inactive.

Honored to serve as @CFTC Chair, and proud to lead the agency’s amazing staff in supporting its mission
NEWS: Rostin Behnam was sworn in as the CFTC’s 15th Chairman on January 4, 2022 after being unanimously confirmed by the U.S. Senate. President Biden nominated Chairman Behnam to lead the agency. go.usa.gov/xtCVB
112
28
307
Today, I commend President Biden for his Executive Order on digital assets. Here's my full statement: cftc.gov/PressRoom/SpeechesT…
39
17
150
Today @CFTC announced a $12.7 billion judgement against the fraud of FTX and Alameda. All $$ will be dedicated to victims in restitution and disgorgement. A 🧵:
16
27
115
17,161
I’m pleased to testify today at the Senate Ag Committee on the future of crypto regulation.
HAPPENING NOW: Chairman Rostin Behnam is testifying before the U.S. Senate Committee on Agriculture, Nutrition, and Forestry at a legislative hearing to review S.4760, the Digital Commodities Consumer Protection Act. Read his remarks as prepared: cftc.gov/PressRoom/SpeechesT…
17
20
103
I will be at @nyulaw on Wednesday for a discussion on digital asset regulation with former @SECGov commissioners Professor Rob Jackson and Allison Herren Lee.
27
13
94
Today, I announced my departure from @CFTC. After more than seven years at the U.S. Commodity Futures Trading Commission, I will be stepping down from my position as Chairman on January 20th. My final day at the Commission will be Friday, February 7th. A 🧵
27
15
95
28,572
I congratulate the four new commissioners @cftc. Looking forward to working with these accomplished professionals. My statement: cftc.gov/PressRoom/SpeechesT…
37
9
88
Thank you @CFTCquintenz for your dedication and service as @CFTC Commissioner. It’s been a pleasure to serve with you since 2017.
139
4
84
Congratulations to my new colleague, Caroline D. Pham, who was officially sworn in today as a @CFTC commissioner. The Commission is back at full strength. I look forward to working with this accomplished group of commissioners.
37
8
83
I will be on @cnbc @SquawkCNBC this morning at 8:10 a.m. this morning to talk about proposed regulation of #digitalassets #digitalcommodityassets
52
21
83
I just submitted my letter of resignation as Chairman of the @CFTC to President Trump. It has been an honor to serve our country and the CFTC under President Biden.
135
11
71
20,388
Today, @cftc extends the public comment period by 30 days on the FTX request for an amended DCO registration order. Let us hear from you. cftc.gov/PressRoom/PressRele…
42
15
66
Here is my statement on new legislation introduced today by @SenStabenow, @JohnBoozman with @SenBooker and @SenJohnThune. I commend the bipartisan effort to bring regulatory clarity over #digitalcommodityassets.
REMARKS: Statement of @CFTCbehnam on the introduction of digital commodity regulation legislation: go.usa.gov/xSdSj
12
17
55
“Thank you @POTUS for the opportunity to serve as acting chairman of @cftc. And thank you to my fellow commissioners for their trust and support to lead this extraordinary agency. cftc.gov/PressRoom/PressRele…
15
9
53
I'm looking forward to participating a conversation about regulating digital assets at City Week 2022 at Guild Hall tomorrow in London at 1.30. Hope to see you there.
39
3
41
I will be on @CNBC @SquawkCNBC today at 7:45 a.m. to talk crypto and commodities. Tune in!
29
13
31
5,124
I am pleased to testify today at the US Senate Agriculture, Nutrition and Forestry Committee hearing Examining Digital Assets: Risks, Regulation and Innovation. My statement will be posted @cftc and you can watch the hearing live here: agriculture.senate.gov/heari…
21
5
38
Looking forward to speaking at this event. See you soon.
How can governments effectively regulate new kinds of digital assets, like crypto? Join @Wharton's @FinanceHammer and @CFTCbehnam for our first World Today of 2022-23 to learn more about this critical financial policy issue: eventbrite.com/e/40236785207…
6
10
35
I am proud to join @IOSCOPress as Vice Chair. I am looking forward to our continued partnership.
NEWS: The International Organization of Securities Commissions (IOSCO) announced the immediate appointment of @CFTCbehnam as IOSCO Board Vice Chair for the 2022-2024 term. Get the latest: cftc.gov/PressRoom/PressRele…
8
8
31
I look forward to speaking about the regulation of crypto assets at the Washington Post Live event on Wednesday, June 8 at 9:00 a.m. Eastern. Join me: ow.ly/g64P50Jryu2
30
10
26
I will be on @SquawkCNBC tomorrow morning at 7.30 am.
22
2
30
Congratulations to former @cftc Chair Gary Gensler on his Senate confirmation to be the next @SEC_News Chair. Look forward to continuing to strengthen our agencies’ relationship. #Baltimore
46
2
30
Thank you to the dedicated members of the @cftc MRAC #climate risk subcommittee.  I am confident this landmark report will prove invaluable for policymakers, regulators, and stakeholders as we build a climate-resilient financial system. cftc.gov/PressRoom/PressRele…
7
29
Markets thrive on competition, and non-competitive behavior in the market is wrong, illegal and will be aggressively pursued. There is no place in the markets for people who participate in or benefit from the misappropriation of confidential information. cftc.gov/PressRoom/PressRele…
128
2
23
Tune in today to watch @CFTC open meeting today to consider a proposed rule on governance requirements for DCOs and proposed order on capital comparability for Japan. Live stream at 9.30 Eastern at cftc.gov
9
7
22
Congratulations to @CFTCpham on your Cornerstone Award from the National Conference of Vietnamese American Attorneys.
This is a special weekend for my family. As the daughter of refugees, this means so much to me. Keep on persisting even when you think you can’t anymore. Keep on dreaming, and keep on hoping ✨ Thank you NCVAA!
9
3
25
We are committed to holding wrongdoers accountable for their illegal actions. With our partners @TheJusticeDept and @USTreasury we will work diligently to punish companies and individuals who defraud Americans and serve as platforms for terrorist and illicit finance.
14
8
24
17,466
Big day in Billings, MT. Thanks to @ChamberBillings, @MFUfarmers @uscattlemen for hosting great breakfast with producers, a ranch tour, and lunch at PAYS with ranchers from across MT. More work to improve risk management tools for America’s farmers and ranchers.
7
8
21
Welcome Tanisha to @CFTC! An incredibly important position and hire that will make the @CFTC stronger
NEWS: CFTC Chairman Behnam welcomes CFTC‘s first Chief Diversity Officer. Announcement here: cftc.gov/PressRoom/PressRele…
41
5
25
Tune in tomorrow, June 2 at 9:00 EDT to watch @CFTC first-ever Voluntary Carbon Markets Convening with special guests @SenStabenow and @repdavidscott and @CFTCjohnson @CFTCcgr @cftcmersinger @CFTCpham details here: cftc.gov/PressRoom/PressRele…
11
3
23
Thank you @SenSherrodBrown and @SenBrianSchatz for your support. We had a very productive meeting @cftc today on the threat of climate change to our economy and financial markets. Look forward to working with both of you.
Today @brianschatz and I sent a letter commending @CFTCbehnam on holding today’s meeting on the threat of climate change to the American economy.
2
6
20
As the year comes to an end, I want to recognize and thank all of the @CFTC career officials for their incredible work. Special recognition for the agency’s Enforcement Division professionals who, with the support of @CFTC staff and
20
2
21
5,480
I look forward to speaking at the Financial Markets Quality Conference at Georgetown University's McDonough’s Psaros Center for Financial Markets and Policy on October 14.
10
3
17
I will be testifying tomorrow in front of the House Committee on Agriculture on the issues related to #digitalcommodityassets. Watch the hearing here: agriculture.house.gov/calend…
11
6
19
11,802
It was a pleasure to welcome @ESMAComms Vice Chair Erik Thedéen to the @CFTC for a discussion on major issues facing our respective regulatory oversight and markets.
20
5
19
Saddened to hear of the passing of one of the first CFTC commissioners, John V. Rainbolt. He helped craft the legislation that created the @CFTC, and as a commissioner helped to define it's mission. It's a pleasure and a responsibility to carry on his mission.
3
3
16
Today marks the end of LIBOR, which should not go unnoticed. @CFTC played a major role in in how the global regulatory community came together to eliminate a rate that had little oversight and was subject to manipulation. A short thread:
6
3
16
3,972
Today, I testified on digital commodity assets in front of the Senate Agriculture Committee. Read my remarks at CFTC.gov
2
4
16
1,221
Thank you to @Aarondklein and @BrookingsEcon for a good discussion on the #futureofcrypto and regulatory oversight of digital commodity assets.
#ICYMI: Full video now available from this week's #FutureofCrypto event w/ keynote + Q&A w/ @CFTC Chair @CFTCbehnam, plus a panel w/ @AaronDKlein, @ProfHilaryAllen, @MichaelPiwowar, @MarkWetjen Watch: brook.gs/3aGxTEz
8
7
18
Pleased to announce the members of the newly formed @CFTC Climate-Related Market Risk Subcommittee. The committee will now begin its critically important work and report back to @CFTC #climaterisk #marketrisk #cftcMRAC cftc.gov/PressRoom/PressRele…
6
14
Great to host @Georgetown @GUFinPolicy students for an engaging discussion on the commodity and crypto markets.
6
4
13
1,821
I will be on @SquawkCNBC this morning at 8.30. Tune in!
11
1
14
Excited to kick off this important first step of seeking nominations and convening a diverse group of experts to examine and report on climate change related financial market risk! cftc.gov/PressRoom/PressRele…
4
15
Back in DC after first listening tour as @CFTC Commissioner. Can't have a strong economy or middle class w/o the people and places I visited. Underscores importance of sound financial + market protections. Final stop was @CFTC in KC - thx to dedicated staff across the country.
1
6
15
Today, I testified on proposed regulation of #digitslcommoditysssets in front of the House Agriculture Committee. Read my testimony here: cftc.gov/PressRoom/SpeechesT…
10
1
12
4,611
I was proud today to represent the hardworking and talented @CFTC staff as we announced a record enforcement action against Binance. Read about it here: cftc.gov/PressRoom/PressRele… and my statement: cftc.gov/PressRoom/SpeechesT…
11
2
13
3,814
Convened the @CFTC Market Risk Advisory Committee today. Discussed a range of critical market risk issues including announcement of LIBOR reform subcommittee; clearinghouse risk and governance; and vendor risk management. Lot of work to do in 2019! cftc.gov/PressRoom/SpeechesT…
3
15
After more than seven years, today is my last day @CFTC. Big thanks to all the amazing @CFTC professionals who work tirelessly to protect investors, financial markets, and our great American economy. 1/2
3
14
1,648
Thank you @ISDA and @SIFMA AMG for hosting me this morning at @ISDAConferences regarding critical benchmark reform. cftc.gov/PressRoom/SpeechesT…
ISDA and @SIFMA AMG are delighted to welcome @CFTC commissioner Rostin Behnam @CFTCbehnam as our first keynote speaker at the Benchmark Strategies Forum in NY @ISDAConferences
7
14
I thank @ScottOMalia and @ISDA for hosting me on their podcast to talk about @CFTC priorities. #derivatives #climate #crypto #greenwashing. listen here: isda.org/2022/04/21/episode-…
10
1
15
Look forward to participating in @BIS_org #GreenSwanConference
22
1
13
I will be giving remarks today with Attorney General Garland, Treasury Secretary Yellen and DAG Monaco announcing major crypto currency enforcement actions today at 3:00 p.m. EST. The event will be livestreamed at justice.gov/live.
4
5
12
2,261
Mike Gill was a dedicated public servant, friend, and devoted husband and father. The @CFTC mourns the loss of our friend and colleague. We wish the best for his family during this difficult time. Our statement:
The CFTC Community is deeply saddened by the sudden passing of former Chief of Staff Michael “Mike” Gill: cftc.gov/PressRoom/SpeechesT…
3
3
13
1,599
Looking forward to speaking today at the @ICE_Markets Climate & Capital Conference with @VinceMolinari and @FintechTvGlobal
3
2
10
Congratulations and best wishes to @CFTC Acting Chairman @CFTCpham
5
1
12
1,241
Very excited to discuss #sustainablefinance and energy transition tomorrow with @blackrock @SocieteGenerale and @BMO at @UNEP_FI #GRT2020
We are shaping a transition beyond #FossilFuels at #GRT2020 with Andre Bertolotti @blackrock, @CFTCbehnam @CFTC, Karl Pettersen @SocieteGenerale & @JHackett_TO @BMO. Join us 13-14 October for the #sustainablefinance event of the year. Register today! unepfi.org/grt2020
2
4
10
Thanks to all the MRAC members for updates today @CFTC on their important work regarding climate related financial market risk, CCPs, market structure, and LIBOR transition. cftc.gov/PressRoom/SpeechesT…
1
11
Today I spoke to the American Bar Association Derivatives and Futures Law meeting on diversity at the CFTC and the industry and our upcoming agenda. Read the text of my remarks here: cftc.gov/PressRoom/SpeechesT…
24
12
Thanks to all @cftc employees for all you do! We salute you.
The first week of May is set aside to celebrate Public Service Recognition Week, a time to honor the individuals who serve our nation in all levels of government. The CFTC salutes all public service employees and thanks you for your stalwart efforts. go.usa.gov/xudZD #PSRW
27
11
Wrapped up a great week across the northwest in @Ellensburg_WA. Thank you to @RepKimSchrier for convening local producers, experts and @WSDAgov at Windy N Ranch to discuss the diversity of WA agricultural, and the risks producers are facing in today’s market
6
7
Thanks to @FIAconnect for hosting another great #FIABoca. Really enjoyed participating on a great panel discussion about the impact of ESG investing on listed derivatives, and what positive role @CFTC and I can play to develop critically important issues to our global industry.
2
12
Today, I am proud to welcome veteran prosecutor Ian McGinley as the new @CFTC Enforcement Director. He will supplement the dedicated and talented career enforcement professionals who work tirelessly to protect the markets and hold wrongdoers accountable. cftc.gov/PressRoom/PressRele…
17
1
9
3,114
Great piece from @pattersonscott in the @WSJ about Bob Litterman and the decades of expertise he brings as Chairman of the @CFTC Climate Risk Subcommittee
Bob Litterman was a legendary quant who managed billions at Goldman Sachs. His new challenge: global warming on.wsj.com/3fyEnTm
1
7
10
Wishing everyone a happy, healthy and safe Thanksgiving.
20
2
10
Looking forward to convening the @cftc Market Risk Advisory Committee on June 12th to discuss impact of #climatechange on financial market risk. cftc.gov/PressRoom/PressRele…
4
11
Thanks to Arizona Grain and @NGFA for hosting yesterday in Casa Grande. That’s a lot of cotton!
1
2
10
Tune in to see @CFTC DMO Director Vince McGonagle testify on the regulation of digital assets before a House Committee on Agriculture subcommittee. agriculture.house.gov/calend….
8
5
11
Thank you to members of @EP_Economics and @EPWashingtonDC for coming to the @CFTC to discuss important cross-border topics facing the American and European markets.
11
1
11
Thank you to our law enforcement partners at @TheJusticeDept @SDNYnews @FBI @USAO_CT @USPISpressroom for their work in making this happen.
ENFORCEMENT NEWS: CFTC Orders Glencore to Pay $1.186 Billion for Manipulation and Corruption. cftc.gov/PressRoom/PressRele…
12
1
10
I will be offering testimony next Wednesday at the Senate Committee on Agriculture, Nutrition & Forestry on digital asset commodities. Watch and follow here: agriculture.senate.gov/
8
3
11
Thanks to @WaltFIA and @FIAconnect for the opportunity to speak at the annual Law & Compliance conference this morning. 40th anniversary of this great conference discussing important legal and compliance issues facing derivatives industry. cftc.gov/PressRoom/SpeechesT…
3
8
Today, @CFTC will hold an open meeting to consider proposed rules on cyber resilience and member funds and to consider Bitnomial’s application. Watch live at CFTC.gov.
4
2
10
795
Congratulations @cftcmersinger on your nomination. I look forward to building on our strong relationship. The Commission benefits greatly from your experience and commitment to strong and fair markets. whitehouse.gov/briefing-room…
6
1
10
2,886
As sponsor of the MRAC, I am looking forward to leading an engaging discussion on self-certification of new products like bitcoin futures with our members and guests. cftc.gov/PressRoom/PressRele…
5
9
I will be speaking tomorrow at the @MFAupdates Law and Compliance conference in New York.
9
3
7
Let’s make diversity & inclusion a top priority! cftc.gov/system/files/2019/0…
1
1
9
Today I gave my final remarks as Chairman of @CFTC. It has been an honor and privilege to have this role. Read my remarks at the link below.
7
3
11
3,180
I will be attending the @IOSCOPress annual meeting this week. I look forward to continued collaboration between regulators as we tackle major issues to protect consumers and keep markets safe, competitive and transparent.
7
9
I look forward to testifying next week in front of the House Agriculture Committee to discuss the CFTC's agenda, enforcement program and challenges facing the agency. My testimony will be posted on the committee's website and @CFTC.
Next week, the committee will hear testimony from @CFTC Chair @CFTCbehnam. You can tune in to the hearing live here: agriculture.house.gov/calend…
10
4
10
3,777
Looking forward to being back in North Jersey to talk crypto, finreg and consumer protection with @RepJoshG
EVENT: @CFTCbehnam will join N.J. Congressman Josh Gottheimer and bring together financial services leaders to discuss the future of fintech, crypto, stablecoin and investor protection. Get the details: cftc.gov/PressRoom/Events/op…
4
1
9
Very fortunate to have 3 superb professionals join my staff. cftc.gov/PressRoom/PressRele…
10
Today, @CFTC issued an important alert asking the public to identify and report potential Commodity Exchange Act (CEA) violations connected to fraud or manipulation in the carbon markets. whistleblower.gov/sites/whis…
6
2
8
3,791
Today, @CFTC removes the requirement to clear interest rate swaps referencing LIBOR and certain other interbank offered rates and replaces them with requirements to clear interest rate swaps referencing overnight, nearly risk-free reference rates. More at cftc.gov
5
3
5
Looking forward to participating in Monday’s important discussion about #climate risk with Bob Litterman, @MindyLubber and @veenaramani15. Thank you @CeresNews
Join @CFTC’s Rostin Behnam + Bob Litterman and Ceres’ @MindyLubber + @veenaramani15 to dig into a groundbreaking new report that recommends financial regulators incorporate climate-related risk into their mandates: register.gotowebinar.com/reg…
5
9
I will be speaking @ISDA Annual General Meeting on Wednesday, May 11. My remarks will be posted at cftc.gov
14
8
Happening now: @CFTC Agriculture Advisory Committee meeting. I’m committed to making sure the futures market works for the Ag economy. Tune in now at CFTC.gov.
8
9
1,026
7/In the absence of digital asset legislation to fill regulatory gaps, entities will continue to operate in the shadows without these basic tools of sound regulation, sharpening their deceptive practices and continuing to dupe customers. /end
4
8
899
Looking forward to an important MRAC discussion next week on CCP risk & governance, market structure, #libor transition, #climate risk, and #DiversityandInclusion cftc.gov/PressRoom/PressRele…
6
2
9
2/This represents the largest settlement to date for @CFTC, and it is dedicated for the victims of this fraud.
3
9
635
Great to kick off day 1 of a 5 day trip by visiting upstate NY with @dfamilk, @FarmerCoop and @GrtLakesCheese discussing the importance of @CFTC regulated markets to manage risk for agricultural commodities and to help the overall agriculture economy.
7
2
6