According to the performance committee chairman Fam that the restrictions on execution are published in CFTC.

Caroline Fam, a substitute for the US Products Futures Trade Commission (CFTC), stated that the regulatory authorities reorganized the executive office and reorganized them to “focus” to “stop the regulations by execution”. 。

Under the former chairman Rostin Benam, the executive department of CFTC is the third for the purpose of fighting environmental fraud, focusing on insider transactions, focusing on cyber security and emerging technology. There were a variety of task force to include. The new reorganization makes the number of taskforce is slim at only 2.

The newly created complicated fraudulent taskforce is assigned to process the complex fraud and operation of all asset classes, from preliminary inquiries to litigation. Paul Haik, the deputy director of the executive department, will be the chief of complicated fraudulent taskforce. Retail scams and general execution taskforce will process retail fraud and general execution, led by Charles Maverine, Deputy Director of the agent's executive office.

“This simplified structure is more efficient, stopping regulation by execution,” Pham stated in a report. “These very necessary changes are to maximize CFTC resources, bring more actions to pursue scammers and other bad actors, and do not punish good citizens.”

According to the CFTC's announcement, the new structure is “using CFTC resources more efficiently, preventing fraud, operation, abuse, and ensuring the completeness of the market,” and “enhanced Governance and director of execution issues.” We provide consistent, fairness and fairness.

The so -called regulation CFTC refusal in the execution strategy pursued based on the Biden administration reflects continuous aspects on the progress of the CFTC sister regulatory agency. Under the current acting chairman Mark Ueda, the SEC established a cryptographic task force and denied the pre -regulatory strategy of government agencies by the execution of the former chairman Gary Gensler.

Read more: SEC Commissioner Hester Perth lays out 10 new encryption taskforce.