Editing Commodity Futures Trading Commission (section)

===Major operating units===

====Division of Enforcement====
The Division of Enforcement (DOE) investigates and prosecutes alleged violations of the Commodity Exchange Act and CFTC regulations. Violations may involve commodity futures or option trading on domestic commodity exchanges, or the improper marketing of commodity investments. The Division may, at the direction of the commission, file complaints before the agency's administrative law judges or in the [[U.S. District Courts]]. Alleged criminal violations of the Commodity Exchange Act or violations of other Federal laws which involve commodity [[futures trading]] may be referred to the Justice Department for prosecution. The Division also provides expert help and technical assistance with case development and trials to U.S. Attorneys' Offices, other Federal and state regulators, and international authorities.

==== Division of Market Oversight ====
The Division of Market Oversight (DMO) has regulatory responsibility for initial recognition and continuing oversight of trade execution facilities, including new registered futures exchanges, swap execution facilities, and swap data repositories. The regulatory functions of the Division include, among other things, rule enforcement reviews, reviews of new products and product- and market-related rule amendments, and associated product and market-related studies. The Division was previously responsible for market and trade practice surveillance.

====Market Participants Division====
Formerly known as the Division of Swap Dealer and Intermediary Oversight, the Market Participants Division (MPD) primarily oversees derivatives market intermediaries, including commodity pool operators, commodity trading advisors, futures commission merchants, introducing brokers, major swap participants, retail foreign exchange dealers, and swap dealers, as well as designated self-regulatory organizations. MPD conducts the registration, compliance, and business conduct standards of intermediaries, swap dealers and major swap participants. The division also oversees the agency's customer education initiatives.

====Division of Clearing and Risk====
The Division of Clearing and Risk (DCR) oversees derivatives clearing organizations (DCOs) and other market participants in the clearing process. These include futures commission merchants, swap dealers, major swap participants, and large traders. DCR monitors the clearing of futures, options on futures, and swaps by DCOs, assesses DCO compliance with Commission regulations, and conducts risk assessment and surveillance. DCR also makes recommendations on DCO applications and eligibility, rule submissions, and which types of swaps should be cleared.<ref>{{Cite web|url=https://www.cftc.gov/About/CFTCOrganization/index.htm|title=CFTC Organization {{!}} U.S. COMMODITY FUTURES TRADING COMMISSION|website=cftc.gov|access-date=2019-07-22}}</ref> As of 2019, Clark Hutchison serves as Director of the Division of Clearing and Risk.<ref>{{Cite web|url=https://www.cftc.gov/PressRoom/PressReleases/7987-19|title=Chairman Tarbert Announces Key Executive Leadership Appointment {{!}} U.S. COMMODITY FUTURES TRADING COMMISSION|website=cftc.gov|access-date=2019-10-20}}</ref>