Key Regulatory Agencies
The two primary forex regulators are as follows:
Commodity Futures Trading Commission (www.cftc.gov) is a U.S. government entity that protects market users and the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options. The Commission’s mission also includes fostering open, competitive, and financially sound futures and options markets.
National Futures Association (www.nfa.futures.org) is a self-regulatory body for the futures industry that was given its authority by the Commodity Futures Trading Commission (CFTC). All forex dealers and market makers must be registered with the NFA. You can find out if your broker is affiliated with ...