Overview of Planned Outcomes by Strategic Plan
Table Of Contents
Introduction
The futures industry is experiencing a period of tremendous growth. Volume has increased almost five-fold in the last decade and reached a record level of almost 2.8 billion contracts traded in 2009. The Commission’s mission in the futures industry is protect market users and the public from fraud, manipulation and abusive trading practices, and to foster open, competitive, and financially sound markets.
The Commission requests $216.0 million in FY 2011 to fund its efforts to reach its four strategic goals:
| Strategic Goal | Amount | Percentage |
|---|---|---|
| Goal One: Ensure the economic vitality of the commodity futures and option markets. | $74.3 | 35% |
| Goal Two: Protect market users and the public. | $50.2 | 23% |
| Goal Three: Ensure market integrity in order to foster open, competitive, and financially sound markets. | $52.6 | 24% |
| Goal Four: Organizational and Management Excellence. | $38.9 | 18% |
To achieve the planned outcomes for FY 2011, the Commission will allocate the $216.0 million request among seven programs: Enforcement; Clearing & Intermediary Oversight; Market Oversight; Chief Economist; Proceedings; General Counsel and International Affairs. There are two support programs: Agency Direction and Administrative Management and Support1.
| Program | Percentage |
|---|---|
| Market Oversight | 22% |
| Clearing & Intermediary Oversight | 16% |
| Chief Economist | 2% |
| Enforcement | 28% |
| Proceedings | 1% |
| General Counsel | 7% |
| International Affairs | 1% |
| Agency Direction | 7% |
| Administrative Management and Support | 16% |
FY 2011 Outcomes by Goal
- Strategic Goal One—Ensure the Economic Vitality of the Commodity Futures and Option Markets
- Strategic Goal Two—Protecting Market Users and the Public
- Strategic Goal Three—Ensuring Market Integrity in Order to Foster Open, Competitive, and Financially Sound Markets
- Strategic Goal Four—Facilitate Commission Performance through Organizational and Management Excellence, Efficient Use of Resources, and Effective Mission Support
- Summary of CFTC Mission Statement, Strategic Goals & Outcomes
1 Includes information technology staff in support of all programs. (back to text)