PANews reported on February 26 that according to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) will adjust its enforcement strategy to reduce fines for companies and individuals who proactively report or cooperate in order to speed up case resolution. Acting Chairwoman Caroline Pham said the measure is intended to provide substantial incentives for companies while complying with the Trump administration's executive order to reduce "excessive regulatory" rules.

The new guidelines divide self-reporting into three levels: "no report", "satisfactory report" and "excellent report", and complete voluntary disclosure can obtain the highest credit. In addition, the CFTC will evaluate the degree of cooperation of the parties involved, from "uncooperative" to "excellent", and adjust the amount of the fine accordingly.

Pham stressed that the adjustment will optimize law enforcement resources, focus on combating fraud and protect market integrity. In February this year, the CFTC also reorganized its law enforcement department into two sectors: "complex fraud" and "retail fraud."