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The U.S. Financial Industry Regulatory Authority Appoints Cryptocurrency Policy Experts Rostin Behnam and Dan Gallagher to Board
BlockBeats News, January 8th, the U.S. Financial Industry Regulatory Authority (FINRA) announced the appointment of four new board members, including two key figures closely related to cryptocurrency policy: former Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam and Robinhood Markets Chief Legal Officer Dan Gallagher, to strengthen the FINRA board's strategic guidance in responding to the complex financial environment.
Behnam, who led the CFTC from 2021 to early 2025, advocated for federal-level cryptocurrency regulatory legislation and took enforcement actions against platforms like FTX, while Gallagher, as a former SEC commissioner, criticized the Biden administration's handling of the crypto industry and is seen as a potential SEC chairman candidate. This appointment highlights FINRA's emphasis on digital asset regulation, which may influence future broker-dealer-related policy making.
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