Encyclopedia Archive

USA’s Commodity Futures Trading Commission (CFTC)

Origins of the CFTC The CFTC (Commodity Futures Trading Commission), created by the U.S. Congress with the Commodity Futures Trading Commission Act, is an independent US government agency. It was created in 1974 to replace the U.S. Department of Agriculture’s Commodity Exchange Authority, whose remit was the regulation of trading in specific commodity futures, increasing

USA’s Securities and Exchange Commission (SEC)

The Securities Exchange Commission or ‘SEC’ is the United States of America’s financial regulatory authority overseeing U.S. financial markets (i.e. assets’ trading, sale, false advertising, etc). Created in the 1920s to protect against existential risks related to the financial system, the SEC is an independent agency of the USA responsible for enforcing federal securities laws,