CFTC appoints DJ Hennes to lead Market Participants Division

U.S. Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has announced the appointment of DJ Hennes as the new director of the agency's Market Participants Division. Selig noted that Hennes brings experience in governance, risk, and compliance from the financial services industry, as well as expertise in cryptocurrency and prediction markets. Hennes previously served as a managing director in KPMG's financial services risk and compliance advisory practice and worked at Promontory Financial Group for approximately 15 years prior. The appointment comes as the CFTC has recently been strengthening its regulatory framework for prediction markets and cryptocurrencies.