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CFTC launches Innovation Advisory Committee

CFTC building
Photo: JHVEPhoto/Getty Images

The advisory group will draw on industry heavyweights and public interest commentators to explore how new technologies can benefit markets and investors.

In one of his first actions as CFTC Chair, Michael Selig announced the launch of the Innovation Advisory Committee (IAC), which will gather expertise and recommendations on how fast-moving technologies such as AI, blockchain, and cloud computing are reshaping commodity and derivatives markets.

The IAC is essentially a reboot of