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Brian Quintenz joins SUI Group board following failed CFTC chair bid

The Block
Former CFTC Commissioner Brian Quintenz has joined the board of directors at SUI Group Holdings (SUIG).

Summary

Brian Quintenz, the former CFTC commissioner whose nomination to chair the agency was withdrawn last fall, has been appointed to the board of directors at SUI Group Holdings (SUIG), effective January 5th. This move places him in a corporate governance role at the publicly-listed, Minnesota-based company focused on blockchain infrastructure and institutional finance. Marius Barnett, Chairman of the Board, praised Quintenz's expertise in capital markets, regulatory credibility, and infrastructure knowledge, stating his involvement validates SUIG and the Sui ecosystem's potential. Quintenz will serve as an independent director and join the audit committee. This appointment follows Quintenz's recent shift to private sector advisory roles, including joining Ubyx as an advisor and serving on the board of the CFTC-regulated prediction markets platform Kalshi. His nomination for CFTC chair faced roadblocks, including conflict of interest concerns, before being withdrawn in September; Michael Selig was subsequently confirmed as the new chair in December.

(Source:The Block)