Acting Chair Caroline Pham said Tuesday the regulatory agency has reorganized its enforcement division to “refocus” on fraud and “stop regulation by enforcement.” Under former Chairman Rostin Behnam,

The derivatives market regulator is reorganizing its enforcement division in a move it said will end the practice of regulation by enforcement.

The U.S. Commodity Futures Trading Commission is restructuring its Division of Enforcement's task forces to end regulation by enforcement. By focusing on fraud prevention and victim assistance, the agency aims to use resources more efficiently to pursue fraudsters while not penalizing law-abiding citizens.