After Friday, seven commissioner seats at the SEC and the CFTC will be vacant, Cointelegraph reports. Only three commissioners will remain across the two US financial regulators, and they oversee parts of a crypto industry the report values at $3 trillion. The report links the drop to a resignation it calls key.
The report, as available to us, does not name the person who resigned. It also does not say when, or whether, the empty seats will be filled. The article was published on Sep 29, 2026, by staff writer Turner Wright and later updated to include a response from the CFTC. What the CFTC said is not in the material we have.
The known facts are these: two regulators, seven empty seats and three commissioners left to handle the parts of crypto that fall under them. The report does not say how either agency's crypto work will be divided or delayed with so few commissioners.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, the report points to nothing that changes directly. It describes no change to funding rates, trading fees or liquidity at any exchange, and those numbers are set on the venues themselves. On what the report says so far, the direct effect on an open perp is nothing.
Source: cointelegraph — Crypto regulation at SEC, CFTC to come down to 3 commissioners following key resignation