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CHAPTER 1 - Meet Your New Investment Par... > HOW THE CFTC IS ORGANIZED
HOW THE CFTC IS ORGANIZED
The CFTC consists of five commissioners appointed by the U.S. President to serve staggered five-year terms. The President, with the consent of the Senate, designates one of the commissioners to serve as chairman. No more than three commissioners at any one time may be from the same political party.
The chairman’s staff has direct responsibility for providing information about the Commission to the public and interacting with other governmental agencies and the Congress, and for the preparation and dissemination of Commission documents. The chairman’s staff also ensures that the CFTC is responsive to requests filed under the Freedom of Information Act. The chairman’s staff includes the Office of the Inspector General, which conducts audits of CFTC programs and operations, and the Office of International Affairs, which is the focal point for the CFTC’s global regulatory coordination efforts.