The US Central Financial Conduct Authority (CFTC) appoints Amir Zaidi as its chief of staff.

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The CFTC appointed Amir Zaidi as Chief of Staff; he previously oversaw the certification and deployment of Bitcoin Futures Contract , the first cryptocurrency product to be federally regulated in the U.S.

The information was published on the CFTC's official website on January 1st, announced by CFTC Chairman Mike Selig. The selection of personnel with direct experience in Bitcoin Futures Contract is XEM noteworthy given that cryptocurrency market supervision remains a key focus.

MAIN CONTENT
  • Amir Zaidi has been appointed Chief of Staff of the CFTC.
  • I previously headed Markets Oversight, overseeing Bitcoin Futures Contract .
  • Experienced in global compliance at a major broker-dealer.

Senior personnel appointments at CFTC

The CFTC has confirmed that Amir Zaidi will assume the position of Chief of Staff, according to an announcement by Chairman Mike Selig.

Zaidi worked at the CFTC from 2010 to 2019, holding various positions, including Head of Markets Oversight. The CFTC emphasized that he had decades of experience in the financial services industry.

After leaving the CFTC, Zaidi worked as Global Head of Compliance for a large broker-dealer and introducing broker. Prior to 2010, he held finance, legal, and management Vai in New York and Washington, D.C.

Key developments related to Bitcoin Futures Contract.

During his tenure at the CFTC, Zaidi oversaw the certification and deployment of Bitcoin Futures Contract .

According to the announcement, this is the first cryptocurrency product to be regulated by the U.S. federal government. This Vai is directly linked to the cryptocurrency Derivative market, which is one of the major intersections between traditional and digital asset markets.

The appointment of a personnel who closely monitored the launch of Bitcoin Futures Contract demonstrates the CFTC's continued priority of market oversight and compliance capabilities, particularly with regard to Derivative related components and trading infrastructure.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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