FINRA taps crypto policy figures Rostin Behnam and Dan Gallagher for its board
FINRA appointed former CFTC Chair Rostin Behnam and Robinhood's Dan Gallagher to its Board of Governors.Summary
The Financial Industry Regulatory Authority (FINRA) announced the appointment of four new members to its Board of Governors, including former Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and Robinhood Markets' Chief Legal Officer Dan Gallagher. FINRA CEO Robert Cook stated their diverse expertise will be invaluable for adapting regulatory approaches. Behnam and Gallagher are notable figures in crypto policy; Gallagher was previously considered for the SEC leadership and has been critical of the current administration's crypto stance, while Behnam, as CFTC Chair, advocated for federal crypto regulation and pursued enforcement actions against major digital asset players like FTX. FINRA's board consists of 22 members serving three-year terms.
(Source：The Block)