Rostin Behnam
@CFTCbehnam
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This is the archived account of former CFTC Chair Rostin Behnam. This account is inactive.
Joined December 2017
As I have moved on from my role at the CFTC, this account will be archived. To keep up with me and what’s next, follow me over at @RostinBehnam.
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It's been an honor to serve as Chairman and Commissioner, and I look forward to seeing @CFTC continue to fulfill its critical mission with purpose and integrity. 2/end.
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I appreciate the hard work and dedication of my Chief of Staff, David Gillers. He’s directed the most sensitive policy and legal conversations, while still delivering on our priorities. I wish him well as he turns to new opportunities in his career.
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I just submitted my letter of resignation as Chairman of the @CFTC to President Trump. It has been an honor to serve our country and the CFTC under President Biden.
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Today I gave my final remarks as Chairman of @CFTC. It has been an honor and privilege to have this role. Read my remarks at the link below.
Keynote Address of @CFTCbehnam:
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Finally, I would like to thank President Biden, Senator Stabenow, and Senator Schumer for their longstanding support. Like my predecessors before me, I will work closely with President Trump’s team to ensure a smooth and orderly transition. 11/End
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I want to thank my fellow Commissioners, past and present, my leadership team, and the extraordinary CFTC staff for the privilege of serving with them. 10/
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We have welcomed new opportunities to modernize, build capabilities, and, with the support of the Congress, incorporate the innovations shaping our markets. 9/
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I am pleased to leave the CFTC and the derivatives markets stronger than ever. Our staff has demonstrated organizational drive and operational effectiveness. 8/
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Additionally, I took actions anchored in building consensus – strictly within the bounds of the law, and towards establishing appropriate guardrails to minimize disruption, maintain a level playing field for all stakeholders, and fulfill our mission and purpose. 7/
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As Chairman, I led the agency with a focus on identifying, assessing, and addressing risks within our regulated markets. 6/
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We worked to address regulatory gaps and uncertainty. We also responsibly engaged new entrants to support innovation. 5/
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Over the past several years, a multitude of domestic and global events tested the resilience of all financial markets. I am proud that the Commission consistently made deliberate and intentional decisions to ensure continued strength. 4/
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This agency presides over financial markets that play a critical role in every facet of the U.S. economy. By supporting economic growth, financial stability, and the predictability of commodity prices, derivatives markets serve a critical public interest. 3/
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Since 2017, it has been an honor and a privilege to serve the American public and the CFTC, first as a commissioner, then as Chairman. 2/
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Today, I announced my departure from @CFTC. After more than seven years at the U.S. Commodity Futures Trading Commission, I will be stepping down from my position as Chairman on January 20th. My final day at the Commission will be Friday, February 7th. A 🧵
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I look forward to speaking at Brookings on Wednesday, January 8. Please register at the link 👇
On Jan. 8, join Brookings' Center on Regulation and Markets as it hosts Commodity Futures Trading Commission Chairman Rostin Behnam. Behnam will discuss actions taken under his tenure and the future of commodities derivatives regulation. Register-> https://t.co/aQlhr7rXUP
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I commend our Division of Enforcement for remaining thoughtful and agile in its response to evolving markets and a growing pool of participants. Their dedication to holding accountable those who violate the Commodity Exchange Act is invaluable to the American public. 4/4
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