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Much like taxes and mortality, it is certain that during 2023 the U.S. Commodity Futures Trading Commission (“CFTC”) will promulgate new rules, issue interpretation and guidance, issue no-action letters, engage in investigations and pursue enforcement cases to police its markets and participants. The direction, however, does change from year to year and depending on the Administration. It is likely that the CFTC will pursue the following agenda based on CFTC commissioners’ public statements and based on the rule list filed by the CFTC in the Fall of 2022 with the U.S. General Services Administration (the Unified Agenda of Federal Regulatory and Deregulatory Actions).