Gourt > Regional > North America > United States > Government > Agencies > Independent > Commodity Futures Trading Commission
The Commodity Futures Trading Commission (CFTC) is an independent agency of the United States Government, created by Congress in 1974. It is responsible for recording and monitoring the trading of futures contracts on United States futures exchanges. The CFTC has the authority to fine, suspend, or sue the company or individual in a federal court in cases of misconduct, fraud, or if a rulebreaking occurs.
The CFTC publishes weekly reports containing details of holdings for market-segments, which have more than 20 participants. The reports are released every Friday (including data from the previous Tuesday) and contain data on open interest split by reportable and non-reportable open interest as well as commercial and non-commercial open interest. This type of report is referred to as 'Commitments-Of-Traders'-Report, COT-Report or simply COTR.
The Securities and Exchange Commission (SEC) and the CFTC have often fought turf battles on who could regulate which markets and products. For example, futures contracts on single stocks were banned from the United States for approximately 20 years because the two agencies could not agree on regulatory jurisdiction for the products. In December 2000, Congress passed the Commodity Futures Modernization Act of 2000, which instructed the agencies to develop a joint regulatory regime for single-stock futures, and the products subsequently began trading in November 2002.
More on [ Commodity Futures Trading Commission ]
Bill Failed To Boost Confidence In Fannie, Freddie
Sat, 06 Sep 2008 16:00:00 -0400
Jeffrey Birnbaum, a managing editor at The Washington Times talks about how Fannie Mae and Freddie Mac got to this point.
Lessons From The Convention
Fri, 05 Sep 2008 13:00:00 -0400
Analyst Juan Williams assesses the state of the presidential campaign two months ahead of election day. From the Minneapolis-St. Paul International Airport, he tells us what he took away from each convention.
Day In The Life: Lobbying At The GOP Convention
Fri, 05 Sep 2008 08:50:00 -0400
A day in the life of lobbying at the Republican National Convention: a party hosted by lobbyists, a congressman's dinner to "discuss business interests," and the reasons why all of this is legal — and creatively effective.
Commodity Futures Trading Commission (CFTC) - Consumer advisories, enforcement reports, consumer complaint processes and additional CFTC program information. Federal government agency regulating investments in the commodity futures markets.
Meta Description: [ The CFTC, an independent agency of the US government, oversees futures and option markets and protects market users. ]
