CFTC Issues a Request for Information to Facilitate Innovation and Competition for Fintech Firms

WASHINGTON - The Commodity Futures Trading Commission today issued a Request for Information to assist the Commission in identifying regulations, guidance documents, orders, no-action letters, and other items ("CFTC regulatory item(s)") that unduly impede fintech firms from entering into partnerships with federally regulated institutions as well as CFTC regulatory items that could be amended to streamline application processes for eligible fintech firms.

This Request for Information will assist the Commission in complying with its obligations under Executive Order 14405. Additionally, the Request for Information will help the Commission identify which CFTC regulatory item(s) could be updated to facilitate innovation and competition for fintech firms.

The comment period will be open for 21 days after publication in the Federal Register.

Comments may be submitted electronically through Regulations.gov or by the other methods detailed in the request. All comments received will be posted on Regulations.gov.