The SEC-CFTC Harmonization Initiative is a collaboration between the SEC and the Commodity Futures Trading Commission (CFTC) to focus on strengthening the regulatory framework of U.S. financial markets by coordinating seamlessly, reducing duplicative regulation and providing markets with the clarity they deserve.
By working in lockstep, our two agencies can harness our nation's unique regulatory structure into a source of strength for market participants, investors and all Americans.
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Approach
Staff from both agencies are engaging with market participants to develop practical solutions that:
- Eliminate duplicative and conflicting regulatory requirements
- Provide clear guidance on jurisdictional boundaries
- Create streamlined pathways for innovative financial products and services
- Ensure robust investor and market protections remain intact
- Foster an environment where American innovation can thrive
The work of the Harmonization Initiative encompasses traditional financial products as well as emerging technologies and market structures. SEC and CFTC staff coordinate closely with relevant regulators across the government and, when necessary, seek appropriate guidance and authority from Congress.
Stakeholder Engagement
SEC and CFTC staff behind the Harmonization Initiative are actively engaging with industry leaders, market participants, and the public through meetings and roundtable discussions. Meaningful dialogue with all stakeholders is essential to crafting effective, practical solutions that serve the American public.
Request a Meeting
Market participants and interested members of the public are invited to request a joint meeting with SEC and CFTC staff to discuss harmonization issues and help develop solutions.
Provide Written Input
Use this web form to provide written input on issues the two agencies are considering during the harmonization process.