Matthew Hunter has been named head of surveillance for the U.S. Commodity Futures Trading Commission (CFTC). According to CFTC spokesman R. David Gary, Hunter is filling the position as part of a reorganization at the regulatory agency that began Oct. 9.

Hunter was previously deputy director of the CFTC’s market and trade practice surveillance branch, division of market oversight.

The CFTC’s market surveillance program has the stated intention of preserving the economic functions of futures and option markets. The market surveillance program’s primary mission is to identify situations that could pose a threat of manipulation and to initiate preventive actions.

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