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Director of CFTC experimental fintech initiative “LabCFTC” is stepping down

Daniel Gorfine, the director and chief innovation officer of LabCFTC, is leaving the CFTC to pursue a private sector job after having spent two years at the CFTC. LabCFTC, which was launched in May 2017, aims to help regulatory policy keep pace with a rapidly changing industry.

Gorfine also forged collaborative arrangements and shared policy between the CFTC, UK Financial Conduct Authority, Australian Securities and Investments Commission and the Monetary Authority of Singapore, according to Friday’s CFTC statement. CFTC Chairman Heath P. Tarbert said in the statement: “With Dan’s vision and the support of the Commission, LabCFTC has established itself as a model for regulatory engagement with emerging technologies.”