Appendix 5. FY 2014 Planned Resources by Strategic Goal
Goal One Planned Resources

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Goal One: Protect the public and market participants by ensuring market integrity; promoting transparency; competition and fairness; and lowering risk in the system.

Derivatives markets are designed to provide a means for market users to offset price risks inherent in their businesses and to act as a public price discovery platform from which prices are broadly disseminated for public use. For derivatives markets to fulfill their role in the national and global economy, they must operate efficiently and fairly, and serve the needs of market users. The markets best fulfill this role when they are open, competitive and free from fraud, manipulation and other abuses such that the prices discovered on the markets reflect the forces of supply and demand.

The Commission strives to assure that Goal One is effectively met through the combined use of four oversight strategies: 1) the review of new contracts and rules and changes to contracts and rules; 2) continual surveillance of trading activity in the futures and swaps markets; 3) the review of regulated exchanges, DCMs and SEFs, to ensure that they are fulfilling their self-regulatory obligations; and, 4) the adoption of policies and strategies to promote market transparency.

Breakout of Goal One Request by Mission Activity
Dollars in Thousands
Mission Activities FY 2013 FY 2014 Change
  Budget FTE Budget Request FTE Budget FTE
Registration and Registration Compliance $17,640 69 $11,430 42 -$6,210 -27
Product Reviews 7,520 30 5,720 22 -1,800 -8
Surveillance, including Data Acquisition and Analytics 47,670 143 45,550 123 -2,120 -20
Examinations 3,460 14 11,410 47 7,950 33
Enforcement 0 0 0 0 0 0
Economic and Legal Analysis 9,570 39 8,540 34 -1,030 -5
International Policy Coordination 0 0 0 0 0 0
Data Infrastructure and Technology Support 0 0 0 0 0 0
Agency Direction, Management and Administrative Support 5,160 22 5,010 21 -150 -1
Total Goal One $91,020 317 $87,660 289 -$3,360 -28

Breakout of Goal One Request by Mission Activity

Pie chart showing the Breakout of Goal One Request by Mission Activity. Values are as follows: Registration and Registration Compliance: 13%. Product Reviews: 6%. Surveillance, including Data Acquisition and Analytics: 52%. Examinations: 13%. Economic and Legal Analysis: 10%. Agency Direction, Management and Administrative Support: 6%.

Breakout of Goal One Request by Division
Dollars in Thousands
  FY 2013 FY 2014 Change
  Budget FTE Budget Request FTE Budget FTE
Agency Direction $2,110 9 $1,910 8 -$200 -1
Administrative Management  and Support 3,050 13 3,100 13 50 0
Chief Economist 3,280 14 2,860 12 -420 -2
Clearing and Risk 0 0 0 0 0 0
Data and Technology 27,950 48 30,200 48 2,250 0
Enforcement 0 0 0 0 0 0
General Counsel 7,030 30 7,390 31 360 1
International Affairs 0 0 0 0 0 0
Inspector General 0 0 0 0 0 0
Market Oversight 47,600 203 42,200 177 -5,400 -26
Swap Dealer and Intermediary Oversight 0 0 0 0 0 0
Total $91,020 317 $87,660 289 -$3,360 -28

Breakout of Goal One Request by Division

Pie chart showing the Breakout of Goal One Request by Division. Values are as follows: Agency Direction: 2%. Administrative Management and Support: 4%. Chief Economist: 3%. Data and Technology: 35%. General Counsel: 8%. Market Oversight: 48%.