CFTC is regulated by execution, Pham says.

Chairman of Caroline Pham of the US Product Futures Trading Commission (CFTC) said on Tuesday that the regulatory agency reorganized the execution department to reconstruct the execution department and reconstruct it as a “suspension by execution.”

CFTC’s execution department under ROSTIN BehNam, CFTC’s execution department focuses on other tasks, cyber security and emerging technologies, which focuses on internal transactions, including a third task force, including the third task force to fight environmental fraud. I had it. The new reconstruction has reduced the number of tasks to just 2.

The newly created complex fraudulent task force is in charge of handling execution from preliminary inquiries to manipulation of lawsuits, complex frauds and all asset classes. Paul Hayeck, the deputy director of the executive department, will be the acting officer of the complex fraud task force. Retail fraud and general execution task force will handle retail fraud and general execution, and will be led by Charles Marvine, deputy director of the institutional execution.

PHAM said in a media statement: “This simplified structure will stop regulations by execution and more efficient. “These very necessary changes will maximize the resources of CFTC to take more actions and punish good citizens to pursue a con artist and other bad actors.”

According to CFTC’s announcement, the new structure is “consistent by providing supervision of the enhanced governance and implementation issues,” as well as “to use CFTC’s resources more efficiently and to ensure market integrity to prevent fraud, manipulation and abuse.” We will provide enhanced governance and supervision to prevent fairness, fairness, fairness and strengthening. Law procedure. ”

CFTC’s rejection by the so -called regulations pursued under the BIDEN administration reflects the promise of ongoing on the US Securities and Exchange Commission, a sister regulatory agency of CFTC. Under Mark Uyeda, the SEC founded the encryption task force and rejected the former regulatory strategy of the institution by execution of the former chairman Gary Gensler.

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