The Commodity Futures Trading Commission (CFTC) is the unbiased federal agency tasked with the regulatory authority of the derivatives markets, together with futures contracts, choices, and swaps, in the United States. The Nationwide Futures Association or NFA however is an independent self-regulatory group for the U.S. futures and derivatives markets designated by the Commodity Futures Buying and selling Fee (CFTC) as a registered futures association.

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