There's a new sherriff in commodity town. Kristin N. Johnson replaced CFTC chair Rostin Behnam as the sponsor of the agency’s Market Risk Advisory Committee.
“Having spent my career in risk management oversight, I appreciate the MRAC’s significant and critical role in advising the Commission on risk management in our markets including the emerging decentralized market structures in digital asset or cryptocurrency markets that may not rely on intermediation.”
Sponsorships were allotted among the five CFTC commissioners Tuesday for five out of the six CFTC committees, with the exception being the CFTC-SEC Joint Advisory Committee. The MRAC is made up of 36 industry leaders in derivatives and other financial markets as well as academics and regulators.
Johnson will give the keynote address “exploring an appropriate regulatory framework for [..] the burgeoning decentralized digital asset market” at the FIA's International Derivatives Expo in London on June 8.
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