Securing Innovation in Financial Regulation Act

This bill would make two federal tech offices permanent—FinHub at the SEC and LabCFTC at the CFTC—to help people building new financial technologies get clear information, ask questions, and understand the rules. It aims to encourage responsible innovation and fair competition that benefits the public, while improving how these agencies learn about and oversee new tools and ideas.

FinHub must be set up within 180 days. It will act as a resource inside the SEC, meet with companies working on new financial tech, and make it easier for them to communicate with the agency. Each year after 2025, it must share a summary of its work in the SEC’s annual report to Congress, without including confidential information.

LabCFTC is formally created inside the CFTC. It will promote responsible innovation, advise the agency on rules, train staff, meet with innovators, and engage with schools and professionals. It must keep records of public meetings, protect confidential information, and report each year after 2025 on who it met with, common issues, steps taken to improve services, and any recommendations. The CFTC must put these changes in place within 180 days.

Key points:

• Who is affected: financial technology startups, market participants, students and academics, and the SEC and CFTC staff who work with them.
• What changes: permanent offices for tech engagement, easier access to agency guidance, staff training, record‑keeping, and yearly public activity summaries that protect confidential information.
• When: both agencies have 180 days to stand up or implement these offices; annual reports begin after 2025 and are due by October 31 each year.