Options University Blog

What is Commodity Futures Trading Commission (CFTC)

An independent agency created by Congress in 1974 with a mandate to regulate commodity futures and options markets in the United States. The CFTC’s responsibilities are to ensure the economic utility of futures markets, via competitiveness and efficiency; ensure the integrity of these markets; and protect the participants against manipulation, fraud, and abusive practices.

The Commission, based in Washington, D.C.,regulates the activities of 285 commodity brokerage firms; 48,211 salespeople; 8017 floor brokers; 1325 commodity pool operators (CPOs); 2733 commodity trading advisers (CTAs); and 1486 introducing brokers (IBs).

Share This

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Related posts:

1. What Is Online Commodity Options Trading
2. Coffee Future Trading: An Overview
3. The Fortune Mindset of Commodity and Futures Options Trading
4. Assign
5. 5 Tips to Make Money in Trading Stocks Online