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US CFTC chair Behnam to step down on Jan. 20, FT reports

2025.01.07 05:52

(Reuters) -Rostin Behnam, chair of the U.S. Commodity Futures Trading Commission, told the Financial Times in an interview he would step down on Jan. 20, the day President-elect Donald Trump is scheduled to be sworn in.

© Reuters. FILE PHOTO: Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 5, 2024.  REUTERS/Brendan McDermid/File Photo

A commissioner at the derivatives regulator since 2017, Behnam led the watchdog’s crackdown on crypto exchange Binance and election-related betting.

He said the CFTC remained “well positioned to be a spot regulator for digital commodity assets”, the newspaper reported.



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