WASHINGTON, D.C. — Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today announced a reorganization of the Division of Enforcement’s task forces to combat fraud and help victims while ending the practice of regulation by enforcement.

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CFTC Division of Enforcement to Refocus on Fraud and Helping Victims, Stop Regulation by Enforcement

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Acting Chair Caroline Pham announced on February 4, 2025, that the CFTC's enforcement overhaul marks the end of the agency’s previous approach of “regulation by enforcement.”

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Acting Chair Caroline Pham announced on February 4, 2025, that the CFTC's enforcement overhaul marks the end of the agency’s previous approach of “regulation by enforcement.”