According to Politico, the U.S. Commodity Futures Trading Commission (CFTC) has offered buyout and early retirement packages to some employees. Eligible employees must indicate their intention by midnight local time on Tuesday, with the earliest administrative leave starting on July 1, and they will continue to receive salary and benefits until officially leaving on December 31. Sources familiar with the matter say the program was introduced after CFTC Chair Michael Selig conducted a review of the agency's staffing. The goal is to adjust the personnel structure to meet the regulatory needs of emerging areas such as digital assets and prediction markets. The report states that the CFTC expects to hire up to 100 additional staff members by the end of this year.

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TreatEarningsAsSnacks
· 7h ago
Emerging field regulatory needs = lack of personnel + mismatched skills, a common problem among global regulatory agencies
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Don’tRushToDoubleItYet.
· 12h ago
Is the prediction market regulated by the CFTC? Polymarket users breathe a sigh of relief
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LunaCircuit
· 12h ago
Crypto regulation has shifted from the CFTC and SEC fighting each other to a competition to poach people.
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MosaicBow
· 12h ago
Is the CFTC's wave of buyouts and expansion a sign that traditional regulatory approaches are shifting toward being crypto-friendly?
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LiquidationRaincoat
· 12h ago
Left the job on December 31st, just in time for Trump's inauguration; the timing is quite subtle.
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VolatilityInATeacup
· 12h ago
100 new positions, the predicted market will finally have proper staffing
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GateUser-d2929483
· 12h ago
Retiring early and getting paid until the end of the year—this benefit is more stable than an airdrop.
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GateUser-f92ba9fa
· 12h ago
Chairman Selig is about to make a change, traditional bulk commodity traders need to learn Solidity.
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AirdropMileCounter
· 12h ago
Administrative leave started on July 1st, and this pace is even faster than DeFi mining.
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