Anthony Pompliano
👤 SpeakerAppearances Over Time
Podcast Appearances
What's going on, guys?
Today, we've got a very special conversation.
We have the 16th chairman of the CFTC, Mike Selig, is here to join us.
And in this conversation, we are going to talk about the three most important technologies that are facing financial markets.
We're going to talk about artificial intelligence, prediction markets, and crypto, and how we are thinking about allowing people to take risk in the market, but also how we can go and make sure that people don't break the rules.
One of the interesting things about regulators is that they have to encourage innovation, they have to encourage the risk-taking, but they
They also have to make sure that our markets are safe and sound.
And Mike's got a very unique view because he used to use these technologies in the private sector before he joined as a regulator.
And so he's got a very interesting insight into how they're thinking about this.
And I think you're going to be very surprised by the approach they're taking.
Here's my conversation with Mike Sealy.
I thought a great place to start the conversation is obviously crypto has been in the crosshairs of the SEC, the CFTC.
There's been a ton of pressure on the industry over the last couple of years.
It seems like there's been a 180 now.
CFTC and SEC not only are working together, but also seem to be trying to encourage innovation in this space.
Can you talk a little bit about just the philosophy of these two organizations coming together?
And then what do you guys hope to accomplish by providing this tailwind to the industry?
Now, what's interesting is you worked inside the SEC as part of a task force early in the Trump administration.
You're now the CFTC chairman.
And when I saw the memorandum of understanding, the first thing I thought was like, should these just be the same organization?