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What is commodity futures trading commission(CFTC)?
The Commodity Futures Trading Commission (CFTC) is a federal government agency responsible for overseeing the derivatives markets.

The Commodity Futures Trading Commission (CFTC) is a federal government agency responsible for overseeing the derivatives markets. This includes oversight of agricultural options and futures, metals, foreign exchange, and the exchanges on which they trade.

The Commodity Futures Trading Commission's work contributes to individual investors' confidence in the commodities market. Even small traders are aware that exchanges are regulated, that there are procedures in place to ensure that the party on the other side of the contract pays up, and that market manipulation is prohibited.
https://www.cftc.gov

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