Who oversees regulation of the swaps markets?
The CFTC regulates the U.S. derivatives markets. This includes the commodity futures, options, and swaps markets as well as over-the-counter (OTC) markets.
Who regulates the commodity market?
The Forward Markets Commission (FMC)
The Forward Markets Commission (FMC) is the regulatory body for the commodity market and futures market in India. It is a division of the Securities and Exchange Board of India, Ministry of Finance, Government of India.
Who regulates the commodity derivatives market in India?
Securities and Exchange Board of India (SEBI) regulates the commodity derivatives market in India since September 28, 2015. Before September 28, 2015, the Commodity derivatives market was regulated by erstwhile Forward Markets Commission (FMC).
Who is the head of the CFTC?
Rostin Behnam
Rostin Behnam was sworn in as the CFTC’s 15th Chairman on January 4, 2022 after being unanimously confirmed by the U.S. Senate. President Biden nominated Chairman Behnam to lead the agency. Previously, Chairman Behnam served as CFTC Commissioner since September, 2017.
Is the NFA a government agency?
The National Futures Association (NFA) is an independent self-regulatory organization for the U.S. futures and derivatives markets.
Is Deriv legal in India?
In India, this kind of trading was regulated through an RBI notification in 2007. It allows trading in derivatives only when there is a genuine underlying exposure to risk. One can enter into derivative contracts only with Authorised Dealers (AD) under the FEMA, 1999 and only in transactions that it permits.
Who invented derivatives market?
I write about money and markets. Edmund “Eddie” O’Connor passed away early on Jan. 17, 2011 at age 85.
What is the CFTC & what does it do?
The Commodity Futures Trading Commission protects the public from fraud, manipulation, and abusive practices related to the sale of commodity and financial futures and options, and to fosters open, competitive, and financially sound futures and option markets.