Commodity Exchange Act (ch. 545, , enacted June 15, 1936) is a federal act enacted in 1936 by the U.S. Government, with some of its provisions amending the
Grain Futures Act of 1922.
The Act provides federal regulation of all commodities and
futures trading
In finance, a futures contract (sometimes called a futures) is a standardized legal contract to buy or sell something at a predetermined price for delivery at a specified time in the future, between parties not yet known to each other. The asset ...
activities and requires all futures and commodity options to be traded on organized exchanges. In 1974, the
Commodity Futures Trading Commission (CFTC) was created as a result of the Commodity Exchange Act, and in 1982 the
National Futures Association (NFA) was created by CFTC.
See also
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Grain Futures Act
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National Futures Association
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Commodity Futures Trading Commission
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Futures exchange
A futures exchange or futures market is a central financial exchange where people can trade standardized futures contracts defined by the exchange. Futures contracts are derivatives contracts to buy or sell specific quantities of a commodity o ...
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Futures contract
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Commodity Futures Modernization Act of 2000
External links
7 U.S. Code Chapter 1—Commodity Exchanges*
Public Law 74-675, 74th Congress, H. R. 6772: Commodity Exchange Act
{{Authority control
Commodity markets in the United States
United States federal commodity and futures legislation
1936 in American law