Bart Chilton, former CFTC commissioner and high-frequency trading critic, is dead at 58
Bart Chilton, former CFTC commissioner and high-frequency trading critic, is dead at 58 · CNBC
  • Bart Chilton has died. He was 58.

  • The former U.S. CFTC commissioner was known for calling for greater regulation of cryptocurrencies and derivatives.

  • A family member told CNBC the cause of Chilton's death was complications from pancreatic cancer.

Bart Chilton, a former commissioner of the United States Commodity Futures Trading Commission and advocate for cryptocurrency regulation, has died.

A family member told CNBC the cause of Chilton's death was complications from pancreatic cancer. He was 58.

Chilton was a frequent guest on CNBC and wrote for CNBC's website . Most recently, he hosted the show "Boom Bust" for television's RT America channel.

Chilton worked at the CFTC from 2007 to 2014. He was nominated to a position there by President George W. Bush and was renominated by President Barack Obama .

There, he headed the Energy and Environmental Advisory Committee and the Global Markets Advisory Committee. His years at the CFTC were remembered for his criticism of high-frequency trading , whose traders he called "cheetahs."

High-frequency trading refers to the use of computer programs to move in and out of positions very quickly — sometimes in fractions of a second.

In recent months, Chilton wrote for Forbes on topics ranging from cryptocurrencies to financial regulation.

CFTC Chairman Chris Giancarlo, in a Twitter post on Sunday, said Chilton's death was "sad news for all of us."



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