White House to Nominate Michael Selig as CFTC Chair, Federal Reserve Considers ‘Skinny’ Master Account and SEC Clarifies Regulatory Authority

Members of Congress and the financial services regulators demonstrated continued attention to market structure legislation, stablecoins and tokenization. Michael Selig was nominated to serve as CFTC Chair, with Caroline Pham continuing as Acting Chair pending confirmation….
By: Paul Hastings LLP