Mike Selig
speaker
632 appearances
5 recordings
3 series
first heard Feb 2026
last heard 2 Jul
Mike Selig’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Feb 2026 with 2.
Appearances
And so it's really important that we have the ability to manage risk, but also speculate on these things.
And the United States has always been the most free market country.
Ronald Reagan said, if we lose freedom here, we've got no place else.
And we need to protect our markets for that reason as well.
So having that innovation, I think, is great in our markets.
And the Commodity Exchange Act, our authorizing statute, the CFTC,
set up a federal regulatory framework for derivatives, for derivatives on all types of commodities.
And the definition of commodity includes all of these things because we don't want gaps in our regulatory framework.
It doesn't matter if it's sports or politics or anything else.
The prior administration really tried to hold up a lot of these interesting products and sports and politics.
And the court said that was arbitrary and capricious.
It struck that down.
And so now we've got the floodgates open with all these new products.
Unfortunately, the prior administration was so busy suing everyone that they didn't put rules in place to regulate this stuff.
And so we're moving quickly to get the right investor protections, customer protections, and guardrails around the products and the exchanges.
And the exchanges have been great partners in that, setting up their own insider trading programs and so on and so forth.
So we expect these markets to flourish here in the US.
We're going to take a free market approach and make sure that we're checking our news media and the fake polls and the hoaxes and all of that here in the United States.
Derivatives are derivatives.
So the underlying asset, even if it is the silly stuff about the tie that Andrew Sorkin gave me a hard time about as well.
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