WilmerHale Partner Matthew Kulkin, who chairs the firm’s Futures and Derivatives Practice, will testify before Congress on Wednesday, May 10 at 9:30 am, at a Joint House Financial Services-Agriculture Subcommittee Hearing. UPDATE: Video from the hearing and a written copy of Kulkin's testimony can be viewed further down on this page.
The hearing, entitled “The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets,” is a joint hearing between the House Financial Services Committee and the House Agriculture Committee – specifically the Subcommittee on Commodity Markets, Digital Assets and Rural Development and the Subcommittee on Digital Assets, Financial Technology and Inclusion.
Kulkin is testifying in his capacity as a former Director of the division of Swap Dealer and Intermediary Oversight at the Commodity Futures Trading Commission.
The subcommittee is reviewing the regulation of digital assets.
Kulkin will discuss the CFTC’s statutory authority and regulatory practices for overseeing markets, intermediaries and retail market participants. His testimony will speak to how the CFTC administers its laws, and how legislation could address digital asset regulation.
As Director of the CFTC's Division of Swap Dealer and Intermediary Oversight, Kulkin led a broad range of CFTC activities, including rulemakings and enforcement matters regarding swap dealers, intermediaries, trading venues and investment funds. During his time at the commission, Kulkin was also deeply involved in cases of first impression regarding cryptocurrencies and digital assets.
Kulkin joined WilmerHale in 2022.