Section 750 of The Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 establishes an interagency working group, headed by the Chairman of the Commodity Futures Trading Commission, to conduct a study on the oversight of existing and prospective carbon markets to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets. The study provides an analysis of the regulatory oversight of carbon markets, including a discussion of the programs that give rise to carbon markets, existing and prospective carbon markets, and the basic structure of carbon markets. It further presents an introduction to market oversight, including the objectives of market oversight regulation, and the methods used to achieve these objectives. The interagency group recommends that the following objectives guide the market oversight of existing and prospective carbon markets: (i) facilitate and protect price discovery in the carbon markets; (ii) ensure appropriate levels of carbon market transparency; (iii) allow for appropriate, broad market participation; and (iv) prevent manipulation, fraud and other market abuses.