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.”

Event date

Feb 4, 2025 - 12:00am

Quotes that support claims

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.

WASHINGTON, Feb 4 (Reuters) - The U.S. Commodity Futures Trading Commission will reorganize its Division of Enforcement's task forces to end "regulation by enforcement" and instead focus on combating fraud and helping victims, CFTC's acting chairman said on Tuesday.

U.S. Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham said Tuesday the regulatory agency has reorganized its enforcement division to “refocus” on fraud and “stop regulation by enforcement.”