"Advocating for a National Financial Fraud Database: CFTC Commissioner's Modernization Proposal"

CFTC Commissioner Christy Goldsmith Romero emphasizes the need for regulators to keep pace with technology in order to modernize investor protection. She highlights the importance of understanding technological advancements and their implications for finance and law. Romero proposes the creation of a National Financial Fraud Registry, which would serve as a centralized record of all financial fraud convictions and civil fines. She also discusses the use of technological tools, such as social media and data analytics, in enforcement efforts. Romero emphasizes the need for federal and state regulators to work together to build a safer financial system that harnesses the benefits of technology while protecting investors and financial stability.