National Futures Association


National Futures Association (National Futures Association, NFA), the US futures and foreign exchange non-commercial independent body. National Futures Association (NFA) is in accordance with the provisions of the United States "Commodity Exchange Act" on page 17, and in 1976 established the futures industry self-regulatory organization, is a non-profit membership organization. "Commodity Exchange Act" Section 17 from 1974, "Commodity Futures Trading Commission (CFTC) Act," the third chapter, this section provides registered Futures Association and CFTC regulation of futures professionals self-managed associations. September 22, 1981, CFTC NFA accepting officially become a "registered futures association", October 1, 1982, NFA officially began operation.

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