CryptoDad

AppendixRemarks of CFTC Chairman

J. Christopher Giancarlo

To the ABA Derivatives and Futures Section Conference, Naples, Florida, January 19, 2018

Introduction

Thank you. Good afternoon.

I'd like to recognize my fellow Commissioners Behnam and Quintenz, and the CFTC staff who are at this conference. They are formidable, knowledgeable public servants. I am proud to work with them. Their ideas enhance and enlarge any discussion. Dan Davis, Matt Kulkin, Jamie McDonald, Eric Pan, Vince McGonagle … all of you … thanks for your presence and participation.

And, I would like to thank the conference organizers for inviting me and putting on such a great program. It is also good to see so many fine colleagues, like Rita Molesworth, Ken Raisler, and so many others. Ken reminded me that your annual search for the sun was very timely this year, given the temperatures elsewhere.

Members of the ABA Derivatives Section know each other well. It's a relatively small section, though larger than it used to be. Every year you meet together and assess the current state of derivatives. The potential of your meetings is evident, the results enormous. There is much power and influence here. In many ways, this meeting is the equivalent of the Fed's annual “Jackson Hole” meeting for derivatives lawyers.

I want to tap into that power and influence today.

As you know, before Dodd–Frank, the size and scope of this section was determined by the Commodity Exchange Act (CEA) regulatory jurisdiction being ...