Commodity Futures Trading Commission

Commodity Futures Trading Commission

Official seal
Agency overview
Formed	October 23, 1974 (1974-10-23)[1]
Preceding agency	Commodity Exchange Authority
Jurisdiction	Federal government of the United States
Headquarters	1155 21st Street, NW, Washington, D.C.
Employees	677 (2021)[2]
Agency executive	Rostin Behnam, Chairman
Website	www.cftc.gov
Footnotes
[3][4]

The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.

The Commodity Exchange Act (CEA), 7 U.S.C. § 1 et seq., prohibits fraudulent conduct in the trading of futures, swaps, and other derivatives. The stated mission of the CFTC is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation.^[5] After the financial crisis of 2007–08 and since 2010 with the Dodd–Frank Wall Street Reform and Consumer Protection Act, the CFTC has been transitioning to bring more transparency and sound regulation to the multitrillion-dollar swaps market.^{[6][citation needed]}