Former CFTC commissioner Brian Quintenz has officially joined the board of directors at the SUI Group following his withdrawal from the nomination to chair the Commodity Futures Trading Commission (CFTC), which was initially made by former US President Donald Trump.

In a recent announcement, SUI Group expressed that Quintenz’s onboarding will bolster its leadership in regulatory and policy matters, particularly as the company focuses on its digital asset treasury management strategy. Notably, SUI Group reported it holds approximately 107 million SUI tokens, valued at around $200 million at the time of writing.

Quintenz served at the helm of the CFTC under Trump from 2017 until 2021 and later took on the role of global head of policy for a16z crypto. His recent move to the SUI Group marks a growing trend of CFTC officials transitioning to the private sector after their governmental roles. Caroline Pham, the acting chair of the CFTC during Trump’s presidency in 2025, joined the payment company MoonPay post the Senate’s confirmation of Michael Selig as chairman of the CFTC.

Quintenz’s candidacy garnered considerable support from lawmakers and industry figures upon his initial nomination announcements in February. Despite this, he made headlines in September when he released text exchanges with Gemini co-founders Cameron and Tyler Winklevoss, indicating discussions around compliance assurances on CFTC enforcement issues. Shortly thereafter, Selig was nominated to lead the commission, leaving the agency with only him to fulfill the role thus far.

CFTC’s Leadership Void

As of now, Michael Selig is the sole member of the CFTC, which typically consists of five commissioners. There has been no news yet on additional nominations from Trump, potentially leading to an extended period of insufficient leadership at this pivotal agency.