After more than seven years with the U.S. Commodity Futures Trading Commission (CFTC), Chairman Rostin Behnam has announced his decision to step down from his position on January 20th, with his final day at the Commission being February 7th.

Reflecting on his tenure, Behnam said, "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." He emphasized the critical role of financial markets in supporting economic growth and stability.

Behnam highlighted the challenges faced by financial markets due to various domestic and global events during his leadership. He expressed pride in how the Commission addressed these challenges by making deliberate decisions to maintain market strength and support innovation.

As Chairman, Behnam focused on identifying risks within regulated markets and building consensus for regulatory actions. He noted that these efforts aimed to establish guardrails to minimize disruption and maintain fairness for all stakeholders.

In concluding his statement, Behnam expressed satisfaction with leaving both the CFTC and derivatives markets stronger. He thanked fellow commissioners, staff members, President Biden, Senator Stabenow, and Senator Schumer for their support. He also committed to working closely with President Trump's team for a smooth transition.

-CFTC-