TechFlow news, February 26 — According to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) will formally assess the cooperation or self-reporting conduct of companies or individuals suspected of violations before imposing penalties, signaling the latest shift in enforcement approach by the derivatives regulator.
In a statement on Tuesday, CFTC Acting Chair Caroline Pham said the new advisory aims to "provide meaningful incentives for firms to self-report and resolve matters more quickly with appropriate penalties." The policy categorizes self-reporting into three levels—from "no reporting" to "exceptional reporting"—with full voluntary disclosure receiving the highest credit.
The CFTC will also evaluate the degree of cooperation demonstrated by involved parties and adjust penalty amounts accordingly. Pham emphasized that this change will optimize enforcement resources, enabling the agency to focus on combating fraud and safeguarding market integrity.
