The year 2022 was a historic year for the Commodity Futures Trading Commission (“CFTC” or the “Commission”). Just four days into the new year, on January 4, 2022, Rostin Behnam was sworn in as the CFTC’s 15th Chairman. Three months later, on March 28, 2022, the U.S. Senate approved four new Commissioners – Christy Goldsmith Romero, Kristin Johnson, Summer Mersinger and Caroline Pham – by unanimous consent, and each Commissioner was sworn into her new role within a few weeks. In addition, following the confirmation of Chairman Behnam, the CFTC’s executive leadership team was reconstituted, largely from experienced CFTC career staff, providing for continuity in leadership and preservation of institutional memory, but perhaps at the expense of fresh perspective.