American Commodity Futures Trading Commission (CFTC) 1974, and American Congress established Commodity Futures Trading Commission (CFTC). As an independent institution, CFTC shoulders the mission of supervising American commodity futures and options. With the passage of time, the mission of this institution is constantly updated and expanded. The latest expansion of CFTC's mission is reflected in Dodd-Frank Wall Street Amendment and Consumer Protection Act. At present, some provisions of the bill are being finalized.

The futures trading of 1974 mainly occurs in the agricultural sector. The history of CFTC shows that the futures industry has become more and more colorful with the passage of time. At present, the futures industry includes a large number of highly complex financial futures contracts.

Nowadays, CFTC ensures the economic efficiency of the futures market by encouraging market competition, protecting market participants from fraud, market manipulation and abuse of transactions, and ensuring financial authenticity in the liquidation process. Through effective supervision, CFTC enables the futures market to play the role of price discovery and risk transfer.

The task of CFTC is to protect market users and the public from fraud, manipulation and abuse of transactions related to commodity and financial options and futures sales, as well as the systemic risks of financial derivatives controlled by commodity trading law. Cultivate an open, competitive and financially healthy futures and options market.