What is the CFTC?

[mendez]

The Commodity Futures Trading Commission (CFTC) is an independent federal agency in the United States tasked with regulating the derivatives markets. These markets include futures, options, and swaps, which allow traders to hedge risks or speculate on the price of commodities and financial instruments. Beyond market oversight, the CFTC’s mission is to protect investors, ensure market integrity, and prevent fraud, manipulation, and abusive trading practices. Established in 1974, the CFTC plays a key role in maintaining confidence in U.S. financial markets.

[cryptoenthusiast]

if they actually focus on fraud and manipulation instead of turf wars that would be nice for once