The Commodity Futures Trading Commission (CFTC) is a US-based agency responsible for regulating the derivatives markets, which includes options, swaps, and futures contracts. The commodity future trading commission (CFTC) was created in 1974 as part of the aftermath of the Nixon Administration’s attempt to fix soaring food prices. At that time, agricultural commodities were traded on organized exchanges like stocks and bonds. However, unscrupulous traders were taking advantage of farmers by buying up their crops at inflated prices and then selling them back to the farmers at lower prices. This caused huge price swings and instability in the market. In order to prevent this from happening again, Congress established the commodity future trading commission (CFTC) to regulate these markets and protect consumers from price manipulation.Since its inception, the commodity future trading commission (CFTC) has been a vital part of our financial system. It has helped make our markets more stable and efficient while ensuring that consumers are protected from fraud and abuse. The commodity future trading commission (CFTC) also plays an important role in promoting economic growth by helping businesses access capital they need to expand their operations or create new jobs. By ensuring that our financial markets are fair and transparent, the commodity future trading commission (CFTC) helps promote confidence in our economy which is essential for long-term prosperity.