Commodity Futures Trading Commission

The Commodity Futures Trading Commission (CFTC) is an independent U.S. federal agency responsible for regulating futures and options markets. It oversees commodity derivatives, including futures on broad-based stock indices, ensuring market integrity and transparency. The CFTC works closely with the SEC to avoid regulatory overlap, particularly in areas like security futures. Established by the Commodity Futures Modernization Act of 2000, it plays a key role in preventing fraud and systemic risk in financial markets.