Summary
- The United States Commodity Futures Trading Commission (CFTC) announced plans to restructure its regulatory enforcement practices and optimize resource utilization to prevent fraud and market manipulation.
- The existing enforcement task force will be integrated into a Complex Financial Fraud Task Force and a Retail Financial Fraud and General Enforcement Task Force.
- This measure is aimed at preventing excessive exercise of authority and enhancing regulatory consistency and fairness to increase reliability.
Eleanor Terrett, a Fox Business reporter, reported on the 4th (local time) via X (formerly Twitter) that the United States Commodity Futures Trading Commission (CFTC) plans to restructure its regulatory enforcement practices and optimize resource utilization to prevent fraud and market manipulation.
Under this restructuring, the existing enforcement task force will be integrated into a Complex Financial Fraud Task Force and a Retail Financial Fraud and General Enforcement Task Force.
This measure aims to prevent excessive exercise of authority by the agency and to strengthen regulatory consistency, fairness, and due process.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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