Cooper Markets

National Futures Association

The National Futures Association of the United States is a non-commercial independent regulatory agency that supervises the derivatives industry in the United States. It is a for-profit membership organization. The scope of supervision includes futures trading, retail foreign exchange, and over-the-counter derivatives. For more than 30 years since its establishment, NFA has insisted on maintaining the ethics of the futures market, harmonizing and uniting, protecting the interests of investors, and supervising members' compliance with regulatory responsibilities.