Commodity Trading Advisors ("CTA") invest in highly regulated global markets. All U.S. based futures investments are regulated by the Commodity Futures Trading Commission ("CFTC") and National Futures Association ("NFA"). With few exceptions, all CTAs and other professionals and firms doing futures and commodities business are required to register with both the CFTC and the NFA.
The CFTC has the power to bring criminal charges against those who engage in unlawful conduct or abusive practices. The NFA, in addition to its monitoring function, develops rules, programs and services that help safeguard market integrity.