By Katharine Jackson
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.
The agency, which polices commodities and swaps markets, will be folding previous task forces into two new units targeting complex fraud and targeting retail fraud and general enforcement, the CFTC said in a statement.
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