Commodity Futures Trading Commission

A $428.7 million award book for a market regulator

USAspending.gov records $428,709,598.69 obligated by the CFTC through FY2026. The commission oversees futures, options, and swaps markets; the spending file does not. Swap data repositories, clearinghouses, and open interest never appear as rows in this table. What appears are the awards the CFTC itself signed: technology, facilities, expert services, and other instruments that USAspending classifies as federal awards.

Four hundred twenty-eight million dollars is the obligation stock for CGAC 339 in this extract. It is smaller than cabinet-department totals and larger than many micro-agencies in the same independent-commission cluster. Size here is not a proxy for market share. A thin award book can still support a statutory mission if most work is done by federal staff whose pay is not issued as USAspending awards.

426 awards, and why the average tops $1 million

The extract counts 426 awards. $428,709,598.69 divided by 426 is about $1,006,361 per award. That is a high mean relative to grant-making endowments that issue thousands of small cooperative agreements. It is consistent with a regulator that buys fewer, larger support contracts rather than running a high-volume assistance program. The packet still does not disclose how many of the 426 are contracts versus grants.

Because the mean is pulled by large instruments, a reader should not assume every CFTC award is a seven-figure deal. USAspending award files routinely mix ceiling-value task orders with modest purchase orders. Without a median in the packet, the honest statement is the ratio plus the count: 426 awards totaling $428.7 million through the FY2026 cutoff.

Questions

How much federal spending is tagged to the CFTC on USAspending?

The Commodity Futures Trading Commission has $428,709,598.69 in obligations through FY2026 on USAspending.gov. That awarding-agency total covers 426 awards under CGAC 339. It is not a tally of futures volume or of funds held at clearinghouses. USAspending.gov records this as awarding-agency obligations through FY2026, not cash outlays. The live table for CGAC 339 is the source for the current 426-award book.

Why is the average CFTC award about $1 million?

Dividing $428,709,598.69 by 426 awards yields about $1,006,361. The packet does not include a median. A small number of large support contracts can raise the mean. The 426-award count is still the right denominator for this extract. That figure uses only the packet totals. The extract has no median and no contract-versus-assistance split. FY2026 is the warehouse cutoff, not a single-year appropriation.

What is USAspending agency code 339?

339 is the awarding-agency CGAC identifier for the Commodity Futures Trading Commission. SpendingVault URLs under /agencies/339/ filter to that code. Other regulators of financial markets use different CGACs and are totaled separately. SpendingVault URLs under the agency path filter to that CGAC identifier. It is an accounting tag, not a quality score. Totals on this page are obligations through FY2026.

Is $428.7 million the CFTC’s FY2026 budget?

No. The figure is cumulative USAspending obligations through fiscal year 2026, not a single-year appropriation. Staff salaries and many internal costs never appear as awards. Outlays are also unpublished in this packet. Outlays are unpublished in this packet, so this page does not estimate cash already paid. Refresh the agency page after USAspending updates rather than treating the current stock as frozen.