The Commodity Futures Trading Commission (CFTC) is undergoing a major restructuring of its enforcement division in an effort to end the practice of regulation by enforcement. The restructuring aims to restore market integrity and utilize agency resources to prevent fraud, manipulation, and abuse. Previous enforcement task forces will be consolidated into two new taskforces, one focusing on complex fraud and manipulation across all asset classes and the other handling retail fraud and general violations of the commodity exchange. The CFTC believes that these changes will enhance consistency, fairness, due process, and prevent agency overreach.



Other News from Today