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CFTC rejects “regulation by enforcement” while touting muscular enforcement plan

Michael Selig
Michael Selig. Photo: Andrew Harnik/Getty Images

CFTC leaders say the agency is narrowing, not weakening, its enforcement focus.

As the CFTC’s new leadership celebrates an end to “regulation by enforcement,” it promises to crack down on abusive conduct – including a new focus on insider trading in energy and prediction markets.

CFTC Chair Michael Selig and Enforcement Director David Miller both stated in public comments this week that