The Commodity Futures Trading Commission (CFTC) is a U.S. government agency responsible for regulating the 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 commodities like oil, gold, and agricultural products. It also monitors trading activities to maintain market integrity and safeguard investors. By enforcing regulations and providing oversight, the CFTC plays a crucial role in maintaining confidence in the financial system.