cftc
The U.S. Commodity Futures Trading Commission, which is positioned under the 'fit 21' bill to regulate crypto assets classified as commodities.
entitydetail.created_at
8/20/2025, 2:14:04 AM
entitydetail.last_updated
8/20/2025, 2:15:40 AM
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8/20/2025, 2:15:40 AM
Summary
The Commodity Futures Trading Commission (CFTC) is an independent U.S. government agency established on October 23, 1974, to regulate the U.S. derivatives markets, encompassing futures, swaps, and certain options. Its core mission is to promote market integrity, resilience, and vibrancy through sound regulation. Following the 2008 financial crisis and the subsequent Dodd-Frank Act of 2010, the CFTC has focused on increasing transparency and regulation within the multitrillion-dollar swaps market. In the context of crypto regulation, the CFTC's role is often discussed alongside the SEC, with legislative proposals like the FIT 21 bill aiming to clarify the designation of assets between these two agencies.
Referenced in 1 Document
Research Data
Extracted Attributes
Name
Commodity Futures Trading Commission
Type
Independent U.S. government agency
Vision
To be the global standard for sound derivatives regulation.
Acronym
CFTC
Mission
To promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation.
Employees
677 (as of 2021)
Core Values
Commitment, Forward-thinking
Established
1974-10-23
Enabling Act
Commodity Futures Trading Commission Act of 1974 (P.L. 93-463)
Headquarters
1155 21st Street, NW, Washington, D.C., United States
Jurisdiction
Federal government of the United States
Regulatory Scope
U.S. derivatives markets, including futures, swaps, and certain options
Timeline
- The Grain Futures Act was enacted, creating the Grain Futures Commission, a predecessor to the Commodity Exchange Commission. (Source: Web Search Results)
1922-09-21
- The Commodity Credit Corporation, a government-owned corporation to assist American agriculture, was established. (Source: Web Search Results)
1933
- The Commodity Exchange Act (CEA) was enacted, providing for federal regulation of commodity futures and options trading and creating the Commodity Exchange Commission, which succeeded the Grain Futures Commission. (Source: Web Search Results)
1936
- Congress created the CFTC as an independent federal regulatory agency, replacing the U.S. Department of Agriculture's Commodity Exchange Authority. (Source: Web Search Results)
1974
- The Commodity Futures Trading Commission (CFTC) was officially formed. (Source: Web Search Results)
1974-10-23
- The first members of the CFTC were selected, and John T. O'Hara became its first chairman. (Source: Web Search Results)
1975
- The financial crisis occurred, leading to increased focus on derivatives market regulation. (Source: Wikipedia)
2008
- The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, leading the CFTC to transition towards greater transparency and sound regulation in the swaps market. (Source: Wikipedia)
2010
- A Bitcoin futures contract was launched, trading with the CME Group, presenting new challenges for the CFTC in regulating fintech products and cryptocurrencies. (Source: Web Search Results)
2017-12
- Anticipated revival of the M&A and IPOs market, with discussions around deregulation, including crypto regulation and the FIT 21 bill, which aims to clarify asset designations between the CFTC and SEC. (Source: Related Documents)
2025
Wikipedia
View on WikipediaCommodity Futures Trading Commission
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. After the 2008 financial crisis 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.
Web Search Results
- Commodity Futures Trading Commission - Wikipedia
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 "Swap (finance)"), and certain kinds of options "Option (finance)"). [...] Congress created the CFTC in 1974 as an independent federal regulatory agency. The Commodity Futures Trading Commission Act of 1974 (P.L. 93-463) created the CFTC to replace the U.S. Department of Agriculture's Commodity Exchange Authority. The Act made extensive changes to the Commodity Exchange Act (CEA) of 1936, which itself amended the original Grain Futures Act of 1922. (7 U.S.C. 1 et seq.). In 1975, the first members were selected, and John T. O'Hara became its first chairman.[citation [...] | Official seal | | | Agency overview | | | Formed | October 23, 1974 (1974-10-23) | | Preceding agency | Commodity Exchange Authority | | Jurisdiction | Federal government of the United States | | Headquarters | 1155 21st Street, NW, Washington, D.C. | | Employees | 677 (2021) | | Agency executive | Caroline Pham, Acting Chairman | | Website | cftc.gov | | Footnotes | | | | |
- Commodity Futures Trading Commission (CFTC) Overview
## What Is the Commodity Futures Trading Commission? The Commodity Futures Trading Commission (CFTC) is an independent federal agency that regulates the derivatives markets, including futures contracts, options, and swaps, in the United States. Its goals include the promotion of competitive and efficient markets and the protection of investors against manipulation, abusive trade practices, and fraud. The Commodity Futures Trading Commission Act established the CFTC in 1974. ### Key Takeaways [...] ## Understanding the Commodity Futures Trading Commission The CFTC consists of five commissioners who are appointed by the president and approved by the Senate. Commissioners serve five-year staggered terms. The president designates one of these commissioners as the chair, and no more than three commissioners at any one time can come from the same political party. [...] The CFTC is growing and expanding from its historic role as a regulator of traditional commodity products-related futures and options contracts to face new challenges in the digital age of the 21st century. A new challenge facing the CFTC is in relation to new financial technology (fintech) products and cryptocurrencies such as Bitcoin, which had a Bitcoin futures contract launched in December 2017 that trades with the CME Group.
- Futures Glossary | CFTC
Commodity Futures Trading Commission CFTC: The Federal regulatory agency established by the Commodity Futures Trading Act of 1974 to administer the Commodity Exchange Act. Commodity Index An index of a specified set of (physical) commodity prices or commodity futures prices. Commodity Index Fund An investment fund that enters into futures or commodity swap positions for the purpose of replicating the return of an index of commodity prices or commodity futures prices. Commodity Index Swap [...] Commodity Credit Corporation Commodity Credit Corporation: A government-owned corporation established in 1933 to assist American agriculture. Major operations include price support programs, foreign sales, and export credit programs for agricultural commodities. Commodity Exchange Act (CEA) The Commodity Exchange Act, 7 USC 1, et seq., provides for the federal regulation of commodity futures and options trading and was enacted in 1936. Commodity Exchange Authority [...] The Commodity Exchange Commission was the successor commission to the Grain Futures Commission, which was created by the Grain Futures Act, enacted on September 21, 1922. The Commodity Exchange Commission, like its predecessor, consisted of the Secretary of Agriculture, Secretary of Commerce, and the Attorney General. The Commodity Exchange Act granted the Commodity Exchange Commission the authority to establish Federal speculative position limits, but not the authority to require exchanges to
- The Commission | CFTC
The mission of the Commodity Futures Trading Commission is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. ### CFTC Vision Statement To be the global standard for sound derivatives regulation. ### CFTC Core Values Commitment - Bringing our best to work every day and holding ourselves to the highest professional standards. Forward-thinking - Challenging ourselves to stay ahead of the curve. [...] Futures contracts for agricultural commodities have been traded in the United States for more than 150 years and have been under Federal regulation since the 1920s. When the CFTC was created in 1974 with the enactment of the Commodity Futures Trading Commission Act, most futures trading took place in the agricultural sector. Over the years, the futures industry has become increasingly varied and complex. [...] Significant dates in the history of futures regulation before the creation of the CFTC and significant dates in CFTC history from 1974 to the present are given here. Image Credits: Special thanks to tradingpithistory.com for permission to use images from the blog in our interactive timeline. ## About the CFTC #### Resources #### Actions #### Sitemap Home #### CFTC Headquarters Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 202.418.5000
- Commodity Futures Trading Commission | CFTC
CFTC Regulations Commodity Exchange Act Procurement USA.gov Glossary #### Actions Search Public Comments Submit Tips &Complaints Search Industry Filings Whistleblower.gov Office of Technology Innovation Inspector General #### Sitemap Image 35: Home #### CFTC Headquarters Three Lafayette Centre 1155 21st Street, NW Washington, DC 20581 202.418.5000 [...] Published Time: Fri, 25 Jul 2025 08:13:23 GMT Commodity Futures Trading Commission | CFTC =============== /frontpage-latest-news Skip to main content Image 1: Commodity Futures Trading Commission Logo
Location Data
CFTC, Rue de la Procession, Quartier Necker, Paris 15e Arrondissement, Paris, Île-de-France, France métropolitaine, 75015, France
Coordinates: 48.8374846, 2.3084123
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