1 Answer - Sort by: Date | Rating
Based in Washington, the Commodity Futures Trading Commission (CFTC) was created by Congress in 1974 to oversee and regulate the NYMEX, the Chicago Board of Trade, the Chicago Mercantile Exchange and other U.S. futures exchanges.
Presided over by five Senate-approved commissioners, the CFTC is an independent agency whose primary task is ensuring the open and efficient operation of the commodity futures and option markets. To assure the economic utility of both these markets, the CFTC actively encourages competitiveness and efficiency, oversees the financial integrity of the clearing process and protects market users and the public against manipulation, abusive trading practices, and fraud.
The Commodity Futures Modernization Act (CFMA) passed by Congress in December 2000 was designed to assist the U.S. financial markets remain global leaders, the Act reaffirming the mandate of the CFTC and giving the go ahead to the joint regulation of single-stock and narrow-based stock index futures by the CFTC and the Securities and Exchange Commission. This joint regulation ended the 18 year ban that had been imposed on this type of stock index futures.
Presided over by five Senate-approved commissioners, the CFTC is an independent agency whose primary task is ensuring the open and efficient operation of the commodity futures and option markets. To assure the economic utility of both these markets, the CFTC actively encourages competitiveness and efficiency, oversees the financial integrity of the clearing process and protects market users and the public against manipulation, abusive trading practices, and fraud.
The Commodity Futures Modernization Act (CFMA) passed by Congress in December 2000 was designed to assist the U.S. financial markets remain global leaders, the Act reaffirming the mandate of the CFTC and giving the go ahead to the joint regulation of single-stock and narrow-based stock index futures by the CFTC and the Securities and Exchange Commission. This joint regulation ended the 18 year ban that had been imposed on this type of stock index futures.
0
0
- Is My Two Dollar Red Stamp Dated 1928 Series D Worth Anything? And If So How Much?
- What Does A Hill, A Person, A Measurement, All Share?
- How To Find If An E Bond Has Been Cashed?
- How Much Is A 100.00 Bill From 1950 Series K Worth?
- How Much Would $1250.00 Investing Stock Selling For 8.46 -24.00 Held For 26 Years?
- How Long Will It Take A US Savings Bond Purchased In 2009 To "Mature"?
- How Much Is A Series Ee $50.00 Bond From 1994 Worth Today?
- I Have A 1953 Red Seal Two Dollar Bill And Before I Received It Someone Wrote Their Name On It In Ink. About How Much Is It Worth Now?
- What Is Meant By 2*2 Wood Stock Dressed Down To 1 5/8*1 5/8?
- What Is The Role Of Nigeria Stock Exchange In Nigeria?
- How To Make Profit From Foreclosures?
- What Is Equity Market,securities Market,debt Market,capital Market, Money Market,bond Market Etc...etc.. In LAYMAN Words...please Explain?
- Determine The Future Value Of An Investment Of Rs.100 For 12 Months At 5%?
- 12/1996 A $50.00 United Savings Bond Was Given As A Gift To Our Son Series Ee What Is It's Worth Today 11/9/09?
- Who Face Is On Canad's 20$ Bill?
- What Is The Value Of The U.s. Dollar In Germany?
- I Have A 1957 Silver Certificate Dollar Bill Serial Number 35788820B Series F781 How Much Is It Worth?
- I Have A 1957 Silver Certificate 1 Dollar Bill Serial Number 35788820b Series 781 How Much Is It Worth?
- I Have A $25 United States Savings Bond, How Much Is It Worth?
- What Is The Value Of A 1934 Series A Twenty Dollar Bill?
- Assume That The Economy Can Experience High Growth, Normal Growth, Or Recession. You Expect Following Stock-market Returns For The Coming Year Under These Conditions?
- What Is The Current Value Of A 1908 Savings Bond?
- What Is Functions Of Financial Manager?
- What Broker Can I Use To Trade On Warsaw Stock Exchange Besides XTB?
- Assume That The Economy Can Experience High Growth, Normal Growth, Or Recession. You Expect The Following Stock-market Returns For The Coming Year Under These Conditions:State Of The Economy Probability Return High Growth 0.3 +30% Normal Growth 0?
- What Are Commodity Futures?
- How Did The US Commodity Futures Market Come Into Being?
- What Are The Main Advantages Of The US Commodity Futures Market Over The Stock Market?
- What Are The Realities Of Futures Trading?
- What Are The Main Features Of Futures Trading?
- How Much Cash Do I Need To Start Trading In The Futures Market?
- What Drives The Time Value Of Futures Options And How Are Trading Fees Calculated?
- What Is The Futures Market?
- What Does Futures Market Mean?
- How Can I Be A Footballer In The Futures?
- What Are Futures Options And How Do They Work?
- What Is A Futures Contract And How Are They Traded?

New Comment - Comments are editable for 5 min.