National Futures Association. Authorized by Congress in 1974 and designated by the CFTC in 1982 as a "registered futures association," NFA is the industry-wide self-regulatory organization of the futures industry.
National Futures Association. An industrywide, industry-supported, self-regulatory organization for futures and options markets. The primary responsibilities of the NFA are to enforce ethical standards and customer protection riles, screen futures professional for membership, audit and monitor professionals for financial and general compliance rules and provide for arbitration of futures-related disputes.
National Futures Association. A "registered futures association" authorized by the CFTC in 1982 that requires membership for FCMs, their agents and associates, CTAs, and CPOs. This is a self-regulatory group for the futures industry similar to the National Association of Securities Dealers, Inc. in the securities industry.
National Futures Association. A self-regulatory organization for the commodity futures industry comprised of firms and individuals that conduct business with the public. Overseen by the Commodity Futures Trading Commission (CFTC).
National Futures Association. The self regulatory organization of the futures industry. Chartered by Congress in 1981, the NFA regulates the activities of its member brokerage firms and their employees. Overseen by the Commodity Futures Trading Commission (CFTC).
National Futures Association. A self regulatory organization composed of futures commission merchants, commodity pool operators, commodity trading advisors, introducing brokers, leverage transaction merchants, commodity exchanges, commercial firms, and banks, that is responsible--under CFTC oversight--for certain aspects of the regulation of FCMs, CPOs, IBs, LTMs, and their associated persons, focusing primarily on the qualifications and proficiency, financial condition, retail sales practices, and business conduct of these futures professionals.