CFTC revamp of enforcement division is further signal of shift in focus

Strategy is to target bad actors rather than impose ‘unnecessary burdens’ on legitimate players.

A reorganization of the enforcement division to “refocus” on fraud and “stop regulation by enforcement” has been announced by Caroline Pham, Acting Chair of the US Commodity Futures Trading Commission (CFTC).

Pham said the restructuring aims to streamline investigations, enhance efficiency, and ensure fair oversight of US derivatives markets without

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in