CFTC assembles task forces to combat cyber and tech issues, ESG fraud

CFTC

The Enforcement Division of the Commodity Futures Trading Commission (CFTC) announced Thursday it established two new task forces to combat cyberattacks and misuse of technology and environmental fraud.

The Cybersecurity and Emerging Technologies Task Force will tackle cybersecurity issues and concerns related to emerging technologies, including artificial intelligence (AI), according to an agency press release. The Environmental Fraud Task Force will combat environmental fraud and misconduct in derivatives and relevant spot markets.

The task forces comprise attorneys and investigators from various offices within the CFTC’s Enforcement Division.

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