Commodity Futures Trading Commission (CFTC)

Commodity Futures Trading Commission (CFTC),

Definition of Commodity Futures Trading Commission (CFTC):

  1. The CFTC has five committees, each headed by a commissioner who is appointed by the president and approved by the Senate. These five committees focus on agriculture, global markets, energy and environmental markets, technology, and cooperation between the CFTC and SEC. The committees are populated by individuals who represent the interests of specific industries, traders, futures exchanges, commodities exchanges, consumers and the environment.

  2. A federal agency charged with overseeing and regulating trading in the futures and options markets. The agency was established in 1974.

  3. The Commodity Futures Trading Commission (CFTC) is an independent U.S. federal agency established by the Commodity Futures Trading Commission Act of 1974. The Commodity Futures Trading Commission regulates the commodity futures and options markets. Its goals include the promotion of competitive and efficient futures markets and the protection of investors against manipulation, abusive trade practices, and fraud.

Meaning of Commodity Futures Trading Commission (CFTC) & Commodity Futures Trading Commission (CFTC) Definition