Commodity Futures Trading Commission Act of 1974

E618770

The Commodity Futures Trading Commission Act of 1974 is a U.S. federal law that created the Commodity Futures Trading Commission (CFTC) as an independent agency to regulate futures and options markets.

All labels observed (1)

Label Occurrences
Commodity Futures Trading Commission Act of 1974 canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal statute
financial regulation law
aimedTo ensure financial integrity of futures markets
promote fair and orderly futures trading
protect market participants
protect the public from fraud in commodity futures trading
protect the public from manipulation in commodity futures trading
amended Commodity Exchange Act NERFINISHED
appliesTo commodity pool operators
commodity trading advisors
designated contract markets
futures commission merchants
introducing brokers in commodities
codifiedIn Title 7 of the United States Code NERFINISHED
country United States of America
surface form: United States
createdAgency Commodity Futures Trading Commission NERFINISHED
empoweredAgencyTo adopt regulations implementing the Commodity Exchange Act
bring enforcement actions in federal court
register futures industry intermediaries
set standards for futures exchanges
enactedBy United States Congress
established independent regulatory agency for futures and options
foundationFor later U.S. derivatives reforms
grantedEnforcementAuthorityTo Commodity Futures Trading Commission NERFINISHED
grantedRulemakingAuthorityTo Commodity Futures Trading Commission NERFINISHED
historicalSignificance created specialized federal regulator for derivatives markets
marked shift from agricultural to financial focus in futures regulation
jurisdiction United States government
surface form: United States federal government
legalBasisFor Commodity Futures Trading Commission jurisdiction
oversightBy United States House Committee on Agriculture NERFINISHED
United States Senate Committee on Agriculture, Nutrition, and Forestry NERFINISHED
policyArea consumer and investor protection
securities and derivatives regulation
regulates futures markets
options markets
relatedTo U.S. derivatives market regulation framework
sector financial services regulation
shortName CFTC Act of 1974 NERFINISHED
signedBy Gerald Ford NERFINISHED
subjectMatter commodity futures
commodity options
derivatives regulation
transferredAuthorityFrom Commodity Exchange Authority NERFINISHED
U.S. Department of Agriculture NERFINISHED
typeOfRegulation market conduct regulation
prudential oversight of futures commission merchants

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Commodity Exchange Act amendedBy Commodity Futures Trading Commission Act of 1974