National Futures Association (NFA) An independent self-regulatory non-profit organization that regulates the futures market. Investopedia Says: The NFA began operating in 1982. Through the implementation and enforcement of regulatory programs, the NFA protects investors from fraudulent futures activities. It also provides arbitration and mediation services for resolving investor complaints. Since the NFA is independent, its regulations are unbiased towards any one member. Related Terms: Authorized Forex Dealer Commodity Exchange Act - CEA Commodity Futures Trading Commission - CFTC Futures Futures Contract Futures Industry Association - FIA Non-Profit Organization Qualified Eligible Participant - QEP Securities Industry And Financial Markets Association - SIFMA |