CFTC Enforcement Gains Some Authority From Other Divisions

The CFTC is shifting some responsibilities from its Market Oversight Division and other units to its Enforcement Division and Office of Data and Technology, the agency said June 20.

The DMO director will no longer have authority to make special calls for information on controlled accounts from retail foreign exchange dealers, futures brokers and introducing brokers. The authority will go to the Enforcement director.

Directors of Market Oversight, Swap Dealer and Intermediary Oversight, and Clearing and Risk, and the chief economist will lose their authority to conduct certain investigations. Those powers will move to the agency’s Enforcement director.

Meanwhile, ODT ...