CFTC (Commodity Futures Trading Commission)

The Commodity Futures Trading Commission (CFTC) is an independent agency of the U.S. government established in 1974 that regulates the U.S. derivatives markets, including futures, options, and swaps, to promote market integrity and protect market participants from fraud, manipulation, and abusive practices. The CFTC's authority is derived from the Commodity Exchange Act (CEA) of 1936, and its oversight extends to designated contract markets (DCMs), derivatives clearing organizations (DCOs), and intermediaries like Futures Commission Merchants (FCMs) and Introducing Brokers (IBs).