Commodity Futures Trading Commission

noun

, U.S. Government.

1. an independent regulatory agency, created in 1975, that supervises the trading of futures on commodity exchanges. : CFTC

Example Sentences

He voted in favor of a bill known as FIT21, one of the industry’s top priorities, which would shift some crypto regulation from the Securities and Exchange Commission to the smaller and less aggressive Commodity Futures Trading Commission.

From Los Angeles Times

The bill in question—the Financial Innovation and Technology for the 21st Century Act, or FIT21—would confer legitimacy on the crypto industry by giving it a specific regulatory treatment, while shifting most of the oversight responsibility from the more formidable Securities and Exchange Commission to the lightweight Commodity Futures Trading Commission.

From Slate

In early September, the New York–based prediction market Kalshi notched a temporary victory in its ongoing lawsuit against the Commodity Futures Trading Commission, which, one year ago, had forbidden the platform from offering American users the opportunity to bet on which political party would win majority control of Congress.

From Slate

The Commodity Futures Trading Commission voted in May to ban all election bets on derivatives markets, and a group of Democratic lawmakers recently sent the agency a letter of support urging it to finalize its guidelines as soon as possible.

From Slate

The company, Kalshi, asked the Commodity Futures Trading Commission to approve public trading of a so-called event contract that would allow investors to gamble up to $100 million on which party wins control of the U.S.

From Los Angeles Times