{"id":130891,"date":"2020-12-10T22:45:02","date_gmt":"2020-12-10T17:15:02","guid":{"rendered":"http:\/\/ambcrypto.com\/?p=130891"},"modified":"2020-12-10T23:06:55","modified_gmt":"2020-12-10T17:36:55","slug":"cftc-chairman-heath-tarbert-intends-to-resign-early-next-year","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cftc-chairman-heath-tarbert-intends-to-resign-early-next-year\/","title":{"rendered":"CFTC Chairman Heath Tarbert intends to resign early next year"},"content":{"rendered":"

Heath Tarbert, who currently serves as the 14th Chairman of the Commodity Futures Trading Commission (CFTC) announced<\/a> today that he planned to resign early next year.<\/span><\/p>\n

The regulator who concluded negotiations with the EU and UK to build stronger relationships with counterparts is also known for promoting fintech innovation. Moreover, in his public statement, he reiterated that that Ether was declared a commodity under his tenure. The official has also been active in regulating crypto products in the derivatives space, such as ether futures contracts, as well as Bitcoin options products. Chairman Heath Tarbert said in a statement:\u00a0<\/span><\/p>\n

We have done all of this with the interests of everyday Americans in mind\u2014including our nation\u2019s farmers and ranchers who rely on derivatives to hedge their risk. With the agenda I laid out last year now complete, the Commission can fully turn its focus to the unwritten future.<\/span><\/p><\/blockquote>\n

According to Tarbert, a majority of the CFTC\u2019s work has taken place in the midst of COVID-19\u2014 which he believed was testing the strength of markets and their ability to adapt.\u00a0<\/span><\/p>\n

The official however has not mentioned a specific date for his resignation, but the timing of his departure will coincide with President-elect Joe Biden\u2019s appointment to office. This development follows the Securities and Exchange Commission Chairperson Jay Clayton\u2019s intention to resign<\/a> at the end of this year. President-elect Joe Biden is yet to pick the new head of the SEC.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Heath Tarbert, who currently serves as the 14th Chairman of the Commodity Futures Trading Commission (CFTC) announced today that he planned to resign early next year. The regulator who concluded negotiations with the EU and UK to build stronger relationships with counterparts is also known for promoting fintech innovation. Moreover, in his public statement, heContinue reading “CFTC Chairman Heath Tarbert intends to resign early next year”<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":130894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,20],"tags":[],"class_list":["post-130891","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-trading-view"],"acf":[],"yoast_head":"\nCFTC Chairman Heath Tarbert intends to resign early next year - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Heath Tarbert, the 14th CFTC chair who intends to resign also said that Ether was declared a commodity under his tenure.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/cftc-chairman-heath-tarbert-intends-to-resign-early-next-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CFTC Chairman Heath Tarbert intends to resign early next year - 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