CFTC Chairman Michael Selig has announced the renaming of the Technology Advisory Committee to the Innovation Advisory Committee (IAC). This move aims to enhance market innovation by incorporating expertise in areas such as blockchain, AI, and cloud computing. The IAC will initially include 12 CEOs previously selected by former Acting Chair Caroline D. Pham for the CEO Innovation Council. Selig is also inviting recommendations for additional members, with submissions due by the end of the month.