Commodity Exchange Act (CEA) An act passed in 1936 by the U.S. Government that provides federal regulation of all futures trading activities. This act replaced the Grain Futures Act of 1922. Investopedia Says: The Commodity Futures Trading Commission (CFTC) was created as a result of the CEA to monitor the U.S. futures and options markets. Related Terms: Commodity Futures Trading Commission - CFTC Eligible Contract Participant Exempt Commodity Futures Futures Contract National Futures Association One To Many Option Options Contract Qualified Eligible Participant - QEP |