| an independent regulatory agency, created in 1975, that supervises the trading of futures on commodity exchanges. Abbreviation: CFTC |
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 Commentary
The CFTC guards investors from manipulation, abusive trade practices, and fraud.
Related Links
Futures Fundamentals
Using COT Report To Forecast FX Movements
See also: Commodity, Commodity Exchange Act - CEA, Futures, National Futures Association - NFA
Also spelled: CFTC