In December 2000, the CFMA transformed the Commission from a front-line regulatory agency to an oversight regulator. Although the Commission’s approach to regulation has consequently changed, its mission remains the same—to protect market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity futures and options, and to foster open, competitive, and financially sound commodity futures and option markets.
Since the development of the Commission’s first Strategic Plan in 1997, the mission of the CFTC has been expressed and measured through three strategic goals, each focusing on a vital area of regulatory responsibility. With this Strategic Plan for FY 2007 through FY 2012, the Commission has adopted a fourth strategic goal, which focuses on assessing and measuring organizational and management excellence.
Establishing this fourth strategic goal will allow the Commission to extend its performance and management framework—which requires the Agency to establish and measure its progress in achieving outcome objectives and strategic goals—beyond strictly program performance to the performance of the organization itself.
The following are the CFTC strategic goals and outcomes: