The U.S. Financial Industry Regulatory Authority appoints cryptocurrency policy experts Rostin Behnam and Dan Gallagher to the board of directors

2026-01-07 16:15:16

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On January 8, the Financial Industry Regulatory Authority (FINRA) announced the appointment of four new board members, including two key figures closely related to cryptocurrency policy: former Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam and Robinhood Markets Chief Legal Officer Dan Gallagher, to strengthen the strategic guidance of the FINRA board in navigating the complex financial environment. Behnam led the CFTC from 2021 to early 2025, promoting federal-level cryptocurrency regulation legislation and taking enforcement actions against platforms like FTX, while Gallagher, a former SEC commissioner, has criticized the Biden administration’s approach to the crypto industry and is viewed as a potential SEC chairman candidate. This appointment highlights FINRA’s emphasis on digital asset regulation and could influence future policies related to brokers.

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