Burginvest

CFTC

米商品先物取引委員会 Institutions ✓ Verified Citations Institutional / Regulatory Framework
<Definition>An independent U.S. federal regulatory agency that oversees derivatives markets, including commodity futures, options, and swaps, under the Commodity Exchange Act (CEA). The CFTC was established by the Commodity Futures Trading Commission Act of 1974, with the objectives of ensuring market integrity, preventing fraud and market manipulation, and protecting market participants.[1]
日本語
＜定義＞米国の商品取引所法（CEA）に基づき、商品先物、オプション、スワップ等のデリバティブ市場を監督する米国の連邦独立規制機関である。CFTCは1974年の商品先物取引委員会法によって設立され、市場の健全性確保、不正行為・市場操縦の防止、市場参加者保護などを目的としている。[1]

<Mechanism>

The CFTC and how its oversight worksExchanges report clearing member positions and trading, and clearing members, FCMs, and foreign brokers report large traders' positions to the CFTC every day. The CFTC, an independent U.S. federal agency under the Commodity Exchange Act (CEA), uses these data for 1 market surveillance (including checking compliance with speculative position limits), 2 large trader reporting (aggregating related accounts and publishing the weekly COT report), and 3 enforcement (investigating manipulation and fraud). Exchanges Clearing member data Clearing members, FCMs, foreign brokers Large trader positions Daily reports CFTC Independent U.S. federal agency under the CEA 1 Market surveillance Positions, prices, supply & demand Speculative limit compliance 2 Large Trader Reporting Aggregates related accounts COT report published weekly 3 Enforcement Under the CEA and CFTC rules Investigates manipulation, fraud

The rest of the Mechanism, the Example, Issues and Considerations, and References are available to subscribers only.

Subscribers: sign in here (ID and password required)

Related Concepts