- Selig mentioned the CFTC ended its Local weather Danger Unit and different climate-related initiatives in his first 100 days.
- The company is contemplating extra frequent Dedication of Merchants studies after requests from agricultural companies.
- The CFTC and SEC launched Challenge Crypto as Congress considers crypto market construction laws.
CFTC Chair Michael S. Selig used his 100-day mark to stipulate a brand new company agenda.
He mentioned the CFTC is reducing guidelines, widening market entry, and making ready for broader crypto oversight. The plan additionally covers farm hedging instruments, power producers, and prediction markets.
First 100 Days Deal with Rule Modifications
In an April 1 commentary, Selig mentioned the company had moved shortly after his December 22, 2025 swearing-in.
He described the CFTC as a significant regulator for futures, choices, and swaps. Selig mentioned these markets assist pricing and danger administration throughout agriculture, gasoline, and different day by day items.
He additionally mentioned the company’s work touches family prices by means of hedging markets.
Selig pointed to rising curiosity in prediction markets, crypto belongings, and AI information middle compute. He mentioned these areas are shaping the subsequent part of economic markets.
In my first 100 days as @CFTC Chairman, I’ve made vital progress in increasing entry to danger administration instruments for farmers and ranchers, rolling again outdated guidelines and laws, and delivering on @POTUS’ promise to make America the crypto capital of the world.
The…— Mike Selig (@ChairmanSelig) April 1, 2026
Selig mentioned the company had dismantled its Local weather Danger Unit and withdrawn different climate-related efforts. He additionally mentioned the CFTC would now not depend on what he referred to as regulation by means of enforcement. These steps had been offered as a part of a broader rollback of Biden-era insurance policies.
He referred to as for the “minimal efficient dose of regulation” as markets transfer additional onchain. He argued that clear guidelines can maintain buying and selling exercise and know-how companies in america.
Moreover, he additionally tied that purpose to President Donald Trump’s push for crypto progress.
Agriculture and Power Aid Plans
Selig mentioned the CFTC had revived its Agricultural Advisory Committee through the first 100 days. He mentioned the panel consists of farmers, lenders, and different market individuals.
The company additionally launched an Innovation Advisory Committee with teachers, established companies, and newer entrants.
The chair mentioned the CFTC is finding out modifications to the Dedication of Merchants report. He mentioned the company desires to launch that report extra usually after long-standing requests from farm companies. The report tracks positions in futures and choices markets.
The company can be engaged on de minimis threshold exemptions for some commodity swaps customers.
Selig mentioned the transfer may ease compliance prices for power, agriculture, and demanding mineral producers. He mentioned broader market entry may assist deeper liquidity and steadier costs over time.
Crypto Oversight and Prediction Markets
Selig mentioned the CFTC is making ready for a bigger function if Congress passes crypto market construction laws.
He described the crypto asset market as a $3 trillion sector that continues to develop. The chair mentioned the company is able to oversee digital commodities inside that framework.
In January, the CFTC and SEC launched Challenge Crypto to align federal oversight of crypto markets. In addition to, in March, the company issued no-action aid for a digital pockets software program developer. It additionally revealed a classification system to separate digital securities from digital commodities.
The company additionally issued steering on tokenized collateral and opened an Innovation Activity Pressure.
Furthermore, workers launched a prediction markets advisory and sought early public enter. Selig mentioned these markets can function instruments for data discovery underneath current regulation.