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What is Commodity Futures Trading Commission (CFTC)?

Crypto Terms Glossary: What is Commodity Futures Trading Commission (CFTC)?

The Commodity Futures Trading Commission (CFTC) is a United States-based regulatory body responsible for regulating the U.S. derivatives market to foster open, transparent, competitive, financially sound markets. The CFTC aims to expand on practices first laid out in 1936 by the Commodity Exchange Act (CEA) to protect market participants from fraud, market manipulation, and other unethical practices. The CFTC works together with the Securities and Exchange Commission (SEC) and other regulatory bodies in the U.S. to achieve these common goals.

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