Technology Advisory Committee

The Technology Advisory Committee (TAC) was created in 1999 to advise the Commission on complex issues at the intersection of technology, law, policy, and finance. The TAC may, from time to time, provide recommendations relating to the impact and implications of technological change on financial markets and the U.S. economy.

Commissioner Christy Goldsmith Romero sponsors the Technology Advisory Committee. Tony Biagioli serves as the Designated Federal Officer for the committee.

Committee Charter (PDF)

Digital Assets and Blockchain Technology
Name Entity Representing Title
Carole House (Co-Chair) Terranet Ventures Inc. Executive in Residence
Dan Awrey (Co-Chair)   Professor of Law, Cornell Law School
Nikos Andrikogiannopoulos Metrika Founder & CEO
Christian Catalini Lightspark Co-Founder & Chief Strategy Officer
Jonah Crane Klaros Group Partner
Sunil Cutinho CME Group Chief Information Officer
Cantrell Dumas Better Markets Director, Derivatives Policy
Michael Greenwald Amazon Web Services Global Lead, Digital Assets
Dan Guido Trail of Bits Co-Founder & CEO
Jill Gunter Espresso Systems Chief Strategy Officer
Stanley Guzik S&P Global Commodity Insights Chief Technology Officer
Ben Milne Brale Founder & CEO
John Palmer Cboe Global Markets, Inc. Representative
Ari Redbord TRM Labs Head of Legal and Government Affairs
Michael Shaulov Fireblocks CEO
Emin Gün Sirer Ava Labs Founder & CEO
Justin Slaughter Paradigm Policy Director
Corey Then Circle Vice President, Global Policy
Adam Zarazinski Inca Digital CEO
Jeffery Zhang   Assistant Professor of Law, University of Michigan Law School
Cybersecurity
Name Entity Representing Title
Timothy Gallagher (Co-Chair) Nardello & Co. Managing Director, Digital Investigations & Cyber Defense, Chief Security Officer
Dan Guido (Co-Chair) Trail of Bits Co-Founder & CEO
Hilary Allen   Professor of Law, Associate Dean for Scholarship, American University, Washington College of Law
Todd Conklin U.S. Department of the Treasury Deputy Assistant Secretary of the Treasury for Office of Cybersecurity and Critical Infrastructure Protection (OCCIP)
Sunil Cutinho CME Group Chief Information Officer
Michael Greenwald Amazon Web Services Global Lead, Digital Assets
Carole House Terranet Ventures Inc. Executive in Residence
Jennifer Ilkiw ICE Futures U.S. President
Justin Slaughter Paradigm Policy Director
Adam Zarazinski Inca Digital CEO
Emerging and Evolving Technologies
Name Entity Representing Title
Nicol Turner Lee (Co-Chair) The Brookings Institution Senior Fellow – Governance Studies, Director – Center for Technology Innovation
Todd Smith (Co-Chair) National Futures Association Director of Centralized Data Science and Analytics
Dan Awrey   Professor of Law, Cornell Law School
Cantrell Dumas Better Markets Director, Derivatives Policy
Michael Greenwald Amazon Web Services Global Lead, Digital Assets
Dan Guido Trail of Bits Co-Founder & CEO
Carole House Terranet Ventures Inc. Executive in Residence
Ben Milne Brale Founder & CEO
Michael Panfil Environmental Defense Fund Senior Director, Lead Counsel, Climate Risk & Clean Power
Francesca Rossi IBM IBM Fellow and AI Ethics Global Leader
Joe Saluzzi Themis Trading Partner and Co-Founder
Steve Suppan Institute for Agriculture & Trade Policy Senior Policy Analyst
Corey Then Circle Vice President, Global Policy

Meetings

Date Meeting Details

The Technology Advisory Committee will hold a meeting on July 18, 2023.  At this meeting, the TAC will continue its examination of responsible artificial intelligence (AI), focusing on the use of AI in the financial sector.  Decentralized finance (DeFi) models such as decentralized autonomous organization (DAO) and the Commission’s recent Ooki DAO case will be discussed, in addition to other DeFi issues. We will also discuss cyber resilience, including cyber threats to the financial sector, as well as a presentation by a prudential regulator on the recently released interagency guidance on third party cyber risk.  Along with artificial intelligence, decentralized finance, and cyber resilience, the TAC will introduce the three subcommittees approved by the Commission. This includes the newly constituted subcommittees on: (1) Digital Assets and Blockchain Technology; and (2) Emerging and Evolving Technologies; as well as the re-established (3) Cybersecurity Subcommittee.  A formal agenda will be announced before the meeting, here.

The Technology Advisory Committee, sponsored by Commissioner Goldsmith Romero, will hold its inaugural meeting on March 22, 2023. The committee's public meeting will explore issues at the intersection of technology, law, policy, and finance, including the cyber threat landscape for financial markets, decentralized finance (DeFi), and responsible artificial intelligence (AI). Full details, including the agenda, can be found here.

Meeting to hear presentations from the Virtual Currencies subcommittee and Distributed Ledger and Market Infrastructure subcommittee.  Full details, including agenda, here.

Meeting to discuss cybersecurity lessons learned from COVID-19 pandemic; CFTC collection, concentration, storage, and securing of sensitive information; CFTC’s proposed rules on electronic trading risk principles; resiliency and scalability of DLT systems, use-cases, and regulatory picture; overview of Central Bank Digital Currencies; and volatility of bitcoin against other assets and the impact of COVID-19 on asset price correlation. Full details, including agenda, here.

Meeting to discuss stablecoins, audit trails, compliance solutions, cryptocurrency self-regulatory organizations, insurance, and custody, and vote on a recommendation from the Cybersecurity Subcommittee regarding the Financial Services Sector Coordinating Council Cybersecurity Profile. Full details, including agenda, here.

Meeting to discuss natures and characteristics of stablecoins and the potential implications for regulation; cryptocurrency custodial relationships and custodial options; data privacy and the applications of distributed ledger technology in derivatives markets for custody and collateral management; best practices for managing risks associated with automated trading systems and FIA’s best practices and risk controls currently employed on the ICE trading platform; Financial Services Sector Cybersecurity Profile; current approach to vendor risk management, the challenges of that approach and possible alternatives. Full details, including minutes and agenda, here.

Meeting to discuss automated orders on markets, principles-based approach to preserving orderly trading on exchanges, consensus mechanisms used for virtual currencies, existing cybersecurity regulatory landscape and how regulation can be effectively applied to technological developments, and the current state of DLT, the future of DLT, and potential recommendations. Full details, including minutes and agenda, here.