Commodity Futures Trading Commission (CFTC)
A U.S. federal agency established by the Commodity Futures Trading Commission Act of 1974. It ensures the open and efficient operation of the futures markets. There are five futures markets commissioners who are appointed by the president (subject to Senate approval). Investopedia Says:
The CFTC guards investors from manipulation, abusive trade practices, and fraud. Related Terms:
Commodity
Commodity Exchange Act - CEA
Derivatives Transaction Execution Facility - DTEF
Futures
Futures Industry Association - FIA
HedgeStreet
National Futures Association - NFA
Operational Efficiency
Qualified Eligible Participant - QEP |