Transcript

Commissioner Christy Goldsmith Romero, sponsor of the Commodity Futures Trading Commission’s Technology Advisory Committee (TAC), today announced the TAC will meet July 18, following the TAC’s inaugural March 22 meeting. The meeting will take place from 12:00 p.m. to 4:30 p.m. (EDT) at the CFTC’s Washington, D.C. headquarters. The public will be able to watch the live meeting via webcast at CFTC.gov  

“With technology integrated throughout financial markets and the Commission facing emerging technology issues, I am excited for the Commission to hear from technology experts serving on the Technology Advisory Committee” said Commissioner Goldsmith Romero. “We will continue our examination of responsible artificial intelligence (AI), focusing on the use of AI in the financial sector.  Decentralized finance (DeFi) models such as decentralized autonomous organization (DAO) and the Commission’s recent Ooki DAO case will be discussed, in addition to other DeFi issues. We will also discuss cyber resilience, including cyber threats to the financial sector, as well as a presentation by a prudential regulator on the recently released interagency guidance on third party cyber risk. I am grateful for the service of TAC members and look forward to an informed discussion of their diverse viewpoints.”

Along with artificial intelligence, decentralized finance, and cyber resilience, the TAC will introduce the three subcommittees approved by the Commission. This includes the newly constituted subcommittees on: (1) Digital Assets and Blockchain Technology; and (2) Emerging and Evolving Technologies; as well as the re-established (3) Cybersecurity Subcommittee.

A formal agenda will be announced before the meeting.

For agenda updates and more information about this advisory committee, including its members, visit TAC.

Viewing/Listening Instructions: To access the live meeting feed, use the dial-in numbers below or stream on CFTC.gov. A live feed can also be streamed through the CFTC’s YouTube channel. Call-in participants should be prepared to provide their first name, last name, and affiliation, if applicable. Materials presented at the meeting, if any, will be made on CFTC.gov.

Public Comments

The public may submit comments in connection with the meeting, identified by “Technology Advisory Committee” by July 25, 2023. Follow the instructions for submitting comments through the CFTC Comments Online process. Statements submitted in connection with the committee meeting will be made available to the public, including publication on CFTC.gov. If you are unable to submit comments online, contact Anthony Biagioli, TAC Designated Federal Officer ([email protected]), to discuss alternate means of submitting your comments.

There are five active Advisory Committees overseen by the CFTC. They were created to provide advice and recommendations to the Commission on a variety of regulatory and market issues that affect the integrity and competitiveness of U.S. markets. These Advisory Committees facilitate communication between the Commission and market participants, other regulators, and academics. The views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the U.S. government.