The Commodity Futures Trading Commission (CFTC) recently announced the members of the new Innovation Task Force.
The task force will be charged with developing a clear regulatory framework for innovators focused on artificial intelligence and autonomous systems, crypto assets and blockchain technologies, and prediction markets and event contracts. It is composed of staff from various CFTC divisions and offices and individuals with extensive private sector expertise in the subjects the task force will tackle.
“The Innovation Task Force brings together a leading team that exhibits deep expertise and an enthusiastic commitment to deliver clear rules of the road for American innovators,” CFTC Chairman Michael Selig said.
Initial members, all serving as senior advisers, include Hank Balaban, an attorney; Sam Canavos, a consultant who advised companies on U.S. regulatory matters related to innovative technologies, including crypto and prediction markets; Mark Fajfar, from the CFTC’s Office of the General Counsel; Eugene Gonzalez IV, an attorney; and Dina Moussa, from the CFTC’s Market Participants Division where she serves as special counsel.
Fajfar served as a special counsel in private practice in a financial regulatory practice before joining the CFTC. Before he joined the CFTC, Moussa clerked on the U.S. District Court for the District of Columbia and worked in private practice for a white-collar defense practice group.