1. Cboe congratulates Michael Selig on CFTC chair confirmation. 2. Selig's experience is vital for evolving derivatives markets. 3. Cboe aims to enhance the investor experience alongside regulatory bodies. 4. Support for continuity in leadership noted with gratitude to Caroline Pham.
FAQ
Why Bullish?
The confirmation of a balanced and experienced chairman may lead to favorable regulations enhancing market stability, benefiting CBOE's operations. In the past, key appointments in regulatory roles have often led to positive market responses due to improved investor confidence.
How important is it?
The news highlights a pivotal leadership change within a key regulatory body influencing CBOE. A supportive regulatory environment is essential for the growth and stability of derivatives markets, impacting CBOE's future growth.
Why Long Term?
Changes in leadership at the CFTC could yield long-term regulatory reforms, impacting how CBOE operates in the derivatives market. Similar instances like the Dodd-Frank Act implementation period showed that leadership shifts had lasting influences over multiple fiscal quarters.
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CHICAGO, Dec. 19, 2025 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today issued the following statement in response to the Senate confirmation of Michael Selig as Chairman of the Commodity Futures Trading Commission (CFTC):
"On behalf of Cboe, we congratulate Michael Selig on his confirmation as Chairman of the CFTC," said Craig Donohue, CEO of Cboe Global Markets. "He brings deep experience across financial markets and a thoughtful, balanced approach to regulation that will be essential as the derivatives markets continue to evolve at a rapid pace. We look forward to working closely with the CFTC to further strengthen the resilience of our markets, enhance the investor experience, and uphold the principles that have long defined the strength and integrity of U.S. derivatives markets."
"We also thank Acting Chairman Caroline Pham for her leadership and service to the agency, and wish her continued success in her future endeavors."
About Cboe Global Markets
Cboe Global Markets (Cboe: CBOE), the world's leading derivatives and securities exchange network, delivers cutting-edge trading, clearing, and investment solutions to people around the world. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, and FX across North America, Europe, and Asia Pacific. Above all, we are committed to building a trusted, inclusive global marketplace that enables people to pursue a sustainable financial future. To learn more, visit www.cboe.com.
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SOURCE Cboe Global Markets, Inc.