Securing Innovation in Financial Regulation Act

This bill creates two new regulatory hubs: the FinHub at the Securities and Exchange Commission (SEC) and LabCFTC at the Commodity Futures Trading Commission (CFTC). These hubs directly serve financial technology innovators by providing a dedicated point of contact for engagement, advice on regulations, and education about agency rules. Key mechanisms include annual reporting to Congress on outreach activities, tracking public engagements, and facilitating communication between innovators and regulators. The hubs aim to streamline regulatory interactions without changing existing laws or creating new requirements for businesses.