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The Commission also focuses on market integrity, protecting the economic integrity of futures, options and swaps markets so that they may operate free from manipulation; the financial integrity of futures, options and swaps markets so that the insolvency of a single participant does not become a systemic problem affecting other market participants; and the operational integrity of futures, options and swaps markets so that transactions are executed fairly and that proper disclosures are made to existing and prospective customers.

In FY 2012, the Commission requests $77.5 million to fund its efforts to reach the following outcomes of Strategic Goal Three:

• Clearing organizations and firms holding customer funds have sound financial practices⎯with FY 2012 performance goals of zero loss of customer funds as a result of firms’ failure to adhere to regulations and zero customers prevented from transferring funds from failing firms to sound firms.
• Commodity futures, options and swaps markets are effectively self-regulated⎯with an FY 2012 performance goal of zero loss of funds resulting from failure of SROs to ensure compliance with their rules for commodity futures and option markets, and with respect to the swaps markets, zero loss of funds resulting from the failure of the Commission to ensure compliance with the CEA and Commission’s regulations.
• Markets are free of trade practice abuses.
• Regulatory environment is flexible and responsive to evolving market conditions.

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