Commodity Futures Trading Commission) registered and regulated investment manager.

All CTAs must register as members with the CFTC and NFA.

CTA must regularly report accounts to the CFTC, provide transaction records, and disclose information; it must regularly submit reports to the NFA for information disclosure.

Those who pass the examination will be guaranteed by existing CFTC and NFA members to register with CFTC and NFA.

After reviewing the information provided by the students (including fingerprint files) and the non-criminal record certificate recognized by the country where they are located, and confirming that it is correct, they can successfully register as an NFA member and obtain professional qualifications.

In the United States, CTA (Commodity Trading Advisors) is often synonymous with high salary.

The annual salary of a CTA usually reaches millions of dollars, and the annual salary of a star CTA can reach tens of millions of dollars.

The well-known Soros and Rogers are also members of the American Futures Industry Association.

All fund managers involved in futures and financial derivatives are also registered with the American Futures Industry Association.

According to the institutional investor industry magazine "Alpha", the average annual income of the 26 highest-paid hedge fund managers in 2005 reached US$363 million. Among them, George Soros, the international financial tycoon, was the third-highest paid hedge fund manager in 2005.

Manager, with revenue of $840 million.

The United States has very mature futures investment funds.

Futures investment funds mainly include three types: Public Funds, Private Pools and Individual Managed Futures Accounts (Individual Accounts).

Public futures investment funds are similar to domestic open-end or closed-end funds. They are relatively transparent, but the cost of participation is high. The operation is not as flexible as private equity funds and personal management accounts, and the return on investment is the lowest among the three.

Private equity often takes the form of a limited partnership, with flexible operations and low fees. It is suitable for high-income individuals or institutional investors. The number of investors and the minimum capital contribution are strictly limited.

Investors can also directly choose a CTA to manage their funds and open a personal managed futures account.

Investors directly hand over their accounts to CTA for management, which is actually equivalent to purchasing CTA's trading skills. The advantage is that the management fees of public and private placements are waived.