CFTC’s Goldsmith Romero says commissioner exodus ‘not a great situation’

From Cointelegraph

May 28, 2025 01:10:00 AM:

Outgoing CFTC commissioner Christy Goldsmith Romero expresses concern over lack of diverse opinions in the agency as four commissioners depart, leaving only one. This could make creating crypto regulations more challenging. Source: YouTube.

Goldsmith Romero’s last day is May 31, leaving Commissioner Kristin Johnson as the sole Democrat. Republican Commissioner Summer Mersinger is leaving to join the Blockchain Association, potentially leaving Brian Quintenz solely in charge if confirmed.

Goldsmith Romero believes defining a retail customer should be a priority for the CFTC to protect investors in the crypto industry similar to the SEC. Basic rules like banning co-mingling of funds and requiring registration for exchanges are necessary. Source: Cointelegraph.

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