CME Group
BusinessOther
Governance and risk management
Deregulation opposition
Request for Information: Identifying Regulations to Facilitate Innovation and Competition to Financial Products and Services for Fintech Firms
CFTC-2026-1321-0001RFI
Comments
20
Last activity Jul 13, 2026
Deadline
Closed on Jul 10, 2026
Closed Jul 10, 2026
Net supportiSupport minus oppose · campaigns included
+85%
+85% excluding campaigns
Document
Details
The document's own metadata, straight from the source system.
- Title
- Request for Information: Identifying Regulations to Facilitate Innovation and Competition to Financial Products and Services for Fintech Firms
- Posted
- Jun 18, 2026
- Comment period
- Jun 18, 2026 – Jul 10, 2026
- FR Doc
- 2026-12337
- CFR
- 17 CFR Parts 1 3 4 23 30 36 37 38 39 40 41 43 45
- Topics
Analysis
Overview
What the public is saying — stance, who's commenting, and the issues they raise.
Include campaigns
Stance breakdown
+85%
Net support
Support18Oppose1Other1
Aggregates include form-letter campaigns. Excluding them, net support is +85% across organic comments.
Who commented
Breakdown by commenter type.
Business
12
Individual
1
Trade association
1
Advocacy
4
Other
2
Comments over time
Weekly arrivals, stacked by stance.
Posted Jun 18, 2026Deadline Jul 10, 2026
Jun 15Jul 6Jul 13
Support18Oppose1Other1
Support × commenter type
How each type splits across stance.
Support
Oppose
Other
Business
92%
0%
8%
Advocacy
100%
0%
0%
Other
100%
0%
0%
Individual
0%
100%
0%
Trade association
100%
0%
0%
Issues raised
The docket's canonical issues. Select one to browse its comments.
Position map
Who stands where on each issue?
Every non-silent position is backed by an excerpt from the comment.
Issues shown
Choose up to five.
| Organization | Class-based ib registration exemption | Governance and risk management | Deregulation opposition | Onchain infrastructure regulation |
|---|---|---|---|---|
CME Group BusinessOther CME Group Inc. | · | · | ||
Derivative Path Hedging Solutions, Inc. BusinessSupport Derivative Path Hedging Solutions, Inc., a registered CTA and fintech firm, supports the RFI's goal of identifying outda | · | · | · | |
Hyperliquid Policy Center and Phantom AdvocacySupport Phantom Technologies, Inc. | · | · | · | |
Payward, Inc. BusinessSupport Payward, a digital asset infrastructure company, supports the CFTC's initiative to facilitate innovation and competition | · | · | · | |
ProphetX LLC BusinessSupport ProphetX LLC, a recently registered DCM and DCO, supports the Commission's efforts to facilitate fintech innovation and | · | · | · |
Derivative Path Hedging Solutions, Inc.
BusinessSupport
Class-based ib registration exemption
Hyperliquid Policy Center and Phantom
AdvocacySupport
Onchain infrastructure regulation
Payward, Inc.
BusinessSupport
Governance and risk management
ProphetX LLC
BusinessSupport
Class-based ib registration exemption
Comments
Explorer
Every mirrored comment — filter by stance, campaign, or issue.
Filter:
- Jul 9, 2026Payward, Inc.SupportBusiness📎 Attachment
Payward, a digital asset infrastructure company, supports the CFTC's initiative to facilitate innovation and competition for fintech firms. They argue that current registration categories and compliance frameworks (specifically regarding AI agents, KYC/AML for machine counterparties, and risk disclosures) are ill-suited for modern technology and recommend specific guidance and safe harbors to accommodate these advancements.
Read comment → - Jul 9, 2026CME GroupOtherBusiness📎 Attachment
CME Group Inc. argues that while the Commission should facilitate innovation, it must not do so at the expense of risk management, market integrity, or customer protection. The commenter warns against removing regulatory "impediments" that would allow unregistered firms to conduct activities that traditionally require registration.
Read comment → - Jul 9, 2026Data Boiler Technologies, LLCSupportBusiness📎 Attachment
Kelvin To, representing Data Boiler Technologies, supports the proposed action by advocating for a systematic market structure overhaul rather than piecemeal deregulation. The commenter argues for a behavioral risk taxonomy to identify different market participants and proposes specific reforms to dismantle entry barriers, modernize private rights, and establish programmatic safe harbors for fintech innovation.
Read comment → - Jul 7, 2026Steven SingletonSupportOther📎 Attachment
The commenter provides a detailed analysis supporting the Commission's objective to identify regulatory frictions for fintech firms. They propose specific opportunities to convert existing no-action letters, advisory-committee recommendations, and staff guidance into durable, generally applicable rules across various entity types.
Read comment → - Jun 19, 2026Bilal Ali ZafarSupportOther📎 Attachment
Bilal Ali Zafar, a risk management professional at the National Industrialisation Company (TASNEE), argues that the primary barrier to fintech adoption is a lack of clear governance standards for integrating fintech partner risks into enterprise risk architectures. He recommends that the Commission issue specific guidance on governance integration, establish a tiered authorization pathway for fintech service providers, and set minimum operational resilience requirements.
Read comment →