The National Futures Association known as NFA is a self-regulatory agency from the US derivatives industry, on-exchange trade futures, retail off-exchange foreign currency and OTC derivatives. NFA was formed in 1982 and for more than 32 years they developed rules and provided programs and offered services that kept safe market’s integrity and protect investors. The company headquarters are at Chicago.

NFA is a non-profit, independent and regulatory organization and isn’t a trade association. NFA operates at no cost to the taxpayer and it is financed exclusively from membership dues and assessment fees.

In addition to regulation of the U.S. futures market, the NFA’s functions include registration, compliance and arbitration. It combats fraud and abuse in the futures markets through a combination of rigorous registration requirements, stringent compliance rules, strong enforcement authority and real-time market surveillance.