Morgan Lewis Partner Rob Schwartz Testifies Before Full US House Committee on Agriculture for CFTC Reauthorization

NEW YORK, December 11, 2025: Morgan Lewis partner and former general counsel at the Commodity Futures Trading Commission (CFTC), Rob Schwartz, appeared before the full US House Committee on Agriculture to provide testimony in support of CFTC reauthorization, including recommendations to update the agency’s authorities and spending levels.

Rob noted, “The CFTC is at an inflection point, and we are following things very closely on behalf of a number of clients. We are seeing products in the digital asset space and prediction markets that break new ground and challenge long-standing assumptions about our markets. Reauthorization gives Congress the chance to inspect the statutory machinery and make sure the Commission is equipped to address technologies and products that even a short time ago would have been hard to imagine.”

To read Rob’s full written testimony, click here.

To watch the hearing, click here.

Rob spent more than a decade at the CFTC, where he served as the agency’s chief litigator in his role as deputy general counsel for litigation, enforcement, and adjudication before becoming general counsel. At Morgan Lewis, he is part of the firm’s 170-member global Investment Management Practice and participates in various industry groups, including one on digital assets.