The Commodity Futures Trading Commission (CFTC) recently reported that it filed a record number of enforcement actions in 2012. Steadily increasing its pursuit of fraud since Congress passed the Dodd-Frank Act, the agency has brought 102 enforcement actions so far this year. The result has been more than $585 million in sanctions against alleged violators.
To put these numbers in perspective, and to highlight the CFTC’s increasingly prominent regulatory role, consider that the agency improved on last year’s numbers and nearly doubled its enforcement actions from two years ago, when it pursued only 57 enforcement actions. The CFTC also more than doubled the amount of sanctions it levied from last year.