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US CFTC names Hayeck acting enforcement division chief

( June 3, 2025, 13:47 GMT | Official Statement) -- MLex Summary: Paul Hayeck, acting chief of the US Commodity Futures Trading Commission's Complex Fraud Task Force, has been named to also serve as acting enforcement director. The enforcement director position has been in the spotlight since acting CFTC chair Caroline Pham last month said the agency's "willful and bad faith conduct" in a 2023 federal case, as detailed in a US district Ccurt report, is "inexcusable." She said "these types of failures are rarely an isolated incident and point to a broader breakdown in the culture of the Division of Enforcement." Statement follows below:...

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