All of NFA's most significant actions such as rule changes, enforcement actions and registration actions, are subject to review and approval of the CFTC. This page outlines the Commodity Futures Trading Commission (CFTC) oversight responsibilities over the National Futures Association (NFA).

The Commodity Exchange Act (CEA) requires certain firms and individuals that conduct business in the derivatives industry to register with the CFTC. CFTC regulations also require, with few exceptions, CFTC registered firms to be NFA Members. The CFTC has delegated registration responsibility to NFA.

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory ...

The NFA is an integral partner to the CFTC in our mandate to ensure market integrity and protect against fraud, manipulation, and abusive practices. The importance of the NFA and its commitment and dedication to the CFTC’s mission cannot be overstated.

Jul 21, 2022 · The SEC is responsible for regulating securities markets and protecting investors, while the CFTC regulates commodity futures and options markets. FINRA is a self-regulatory organization that oversees broker-dealers and other financial firms, while the NFA regulates the futures industry.

BASIC contains Commodity Futures Trading Commission (CFTC) registration and NFA membership information and futures-related regulatory and non-regulatory actions contributed by NFA, the CFTC and the U.S. futures exchanges. The system may occasionally be unavailable due to system maintenance.

Dec 31, 2024 · Financial market regulators keep markets fair and honest. The SEC oversees stocks, bonds, and other securities. The CFTC watches over the derivatives market. Some of the executive functions of the SEC and CFTC are handled …

Dec 11, 2023 · Failure to affirm an active exemption or exclusion from CPO or CTA registration will result in its withdrawal on March 1, 2024. Each NFA Member is required to conduct an annual review of its business, including a review of the firm’s compliance with NFA Bylaw 1101.

CFTC Regulation 30.5 generally requires a firm seeking an exemption to file a petition for relief with the National Futures Association (NFA) through the NFA’s Online Registration System.

Jul 18, 2023 · Part II examines the scope of the delegated authority of the NFA and its recent efforts to regulate spot digital as-sets transactions of NFA members. As stated above, if a digital asset is a “commodity,” then spot transactions in that digital asset fall within the CFTC’s spot commodity jurisdiction.