The CFTC, or Commodity Futures Trading Commission, is a U.S. government agency responsible for regulating the commodity futures and options markets. Established in 1974, its primary goal is to protect market participants from fraud, manipulation, and abusive practices. The CFTC ensures that these markets operate transparently and efficiently, promoting fair competition. The CFTC oversees various financial instruments, including futures contracts and options, which are agreements to buy or sell assets at a predetermined price in the future. By enforcing regulations and monitoring trading activities, the CFTC helps maintain the integrity of the financial system and fosters confidence among investors.