The Commodity Futures Trading Commission has announced the creation of LabCFTC, a multui-faceted hub for the agency’s engagement with FinTech innovators.
The new initiative is aimed at promoting responsible FinTech innovation to improve the quality, resiliency, and competitiveness of the markets the CFTC oversees. Located in New York LabCFTC will also look to accelerate the Commission’s engagement with FinTech and RegTech solutions that may enable the it to carry out its mission responsibilities more effectively and efficiently.
