CFTC taps financial regulation veteran Patrick Schorno as chief economist.
𝕏/@ChairmanSelig •
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Promote with Leviathan NewsKalshi’s BTCPERP approval landed three days before this hire, so Schorno walks into a live rulemaking stack rather than a sleepy research seat. The CFTC’s Office of Chief Economist will be where perps, tokenized collateral, Coinbase/Deribit foreign-futures routing, and prediction markets get translated into cost-benefit records a court can actually uphold. PCAOB/Richmond Fed/Ally is bank-grade empirics for an agency trying to drag offshore CT products into regulated U.S. market structure without turning every product filing into a vibes contest.
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