What is the CFTC and What Does it Do?

The Commodity Futures Trading Commission (CFTC) is an independent body responsible for regulating the futures and options market in the United States. Any firm or person looking to participate in the commodity futures market needs to register with them. The agency looks to promote futures trading in the US and improve competitiveness and efficiency. They do so by ensuring a level playing field for all investors. The CFTC also monitors the commodities trading market for unfair practices like fraud, market manipulation, and other illegal activities. With the evolution of technology, the supervisory activity of the CFTC has become more complicated. Today trades happen at a much faster pace, opening up opportunities for potential exploits.

The scope of the CFTC has also expanded over the years. Now it covers different aspects of the commodities derivatives market. The CFTC also oversees other participants in the futures market like brokers, commodity trading advisors, and commodity pool operators. This makes their task all the more challenging. The agency also needs to monitor the activities of stakeholders outside the marketplace. For example, a commodity trading advisor who oversees a managed futures account may adopt a strategy that may not be in their client’s best interests. The CFTC also has the authority to look into the activities of asset managers and intervene if their practices are not in line with the best interests of their clients.

0:00 Music Intro
0:10 Intro
1:19 Disclaimer
1:33 The CFTC
4:14 The structure
8:14 The History
9:26 What they do
11:24 Regulation
13:27 Effect on futures trading
15:10 Enforcement and conclusion

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[mohammadshahid]

can you tell me how to get the cot report please.