TeachMeFinance.com - explain Commodity Futures Trading Commission (CFTC)
Commodity Futures Trading Commission (CFTC) The term 'Commodity Futures Trading Commission (CFTC) ' as it applies to the area of agriculture can be defined as ' The independent federal regulatory agency established by the Commodity Futures Trading Commission Act of 1974 to administer the Commodity Exchange Act. It regulates trading on the futures exchanges in the United States. The CFTC also regulates the activities of numerous commodity exchange members, public brokerage houses, commodity trading advisors, and commodity pool operators'.
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