- NOAA Fisheries and the Mid-Atlantic Fishery Management Council manage the butterfish fishery.
- Managed under the Atlantic Mackerel, Squid, and Butterfish Fishery Management Plan:
- Fishermen must have a permit to harvest butterfish. Managers limit the amount of available permits to control harvests.
- Annual catch limits are in place to prevent overfishing.
- Managers monitor commercial catch weekly.
- Vessel trip limits are based on gear mesh sizes, and are adjusted based on landings.