Michael Selig’s nomination to lead the US
If confirmed by the full Senate, Selig would lead the agency at a time when it’s set to take on significantly more responsibility. The once sleepy regulator, which traditionally oversaw the swaps and derivatives markets, is facing a shift as the burgeoning prediction markets industry pushes into sports betting and lawmakers weigh legislation to give the CFTC greater oversight over the crypto industry.
Selig has played a prominent role during the second Trump administration as chief counsel to the