Innovation Advisory Committee

The Innovation Advisory Committee (IAC), formally the Technology Advisory Committee, was created to advise the Commission on complex issues at the intersection of technology, law, policy, and finance. The IAC may provide recommendations relating to the impact and implications of technological change on financial markets and the U.S. economy.

Chairman Michael S. Selig serves as the sponsor for the Innovation Advisory Committee. Michael Passalacqua serves as the IAC Designated Federal Officer. 

IAC Charter (PDF) (Charter renewed August 19, 2026)

Date Meeting Info

Meeting to discuss issues related to swap data reporting, updates on the implementation of an industry-led technology solution to protect customer funds, and compliance with certain requirements imposed under Part 1 of the Commission’s Regulations. Full details, including minutes and agenda, here.

Meeting to discuss automated and high-frequency trading, the implementation of an automated technological solution to protect customer funds, and the implementation of §§ 1.73 & 1.74 of the Commission’s Regulations: technological challenges and possible commission waivers. Full details, including agenda, here.

Meeting to discuss technological issues and possible solutions relating to the ability of the CFTC, self-regulatory organizations, and futures commission merchant customers to verify the location and status of funds held in customer segregated accounts. Full details, including agenda, here.

Meeting to discuss issues facing the futures and swaps industries as the Commission continues to finalize rules under the Dodd-Frank Act, including automated and high frequency trading and the aggregation of liquidity across designated contract markets and swap execution facilities. Full details, including agenda, here.

Meeting to discuss issues facing the futures and swaps industries as the Commission continues to finalize rules under the Dodd-Frank Act, including automated and high frequency trading, exchange oversight and definitions, final recommendations from the Subcommittee on Data Standardization, and credit limit checks: market structure and technology issues. Full details, including agenda, here.