NVCA Statement on Michael Selig’s Confirmation as CFTC Chair 

WASHINGTON, DC – National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement after the U.S. Senate voted to confirm Michael Selig as the next Chair of the U.S. Commodity Futures Trading Commission (CFTC):  

“NVCA congratulates Chairman Selig on his confirmation. We are encouraged by his commitment to fostering responsible innovation at a time when advances in digital assets and financial technology continue to reshape markets. NVCA looks forward to working with Chairman Selig and the Commission to support a forward-looking regulatory environment that enables blockchain-based ventures and the broader startup ecosystem to flourish.”  

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The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.