Private company

National Futures Association

Logo: NFA Communications, CC BY-SA 4.0, via Wikimedia Commons3

United States self-regulatory organization for derivatives

The National Futures Association (NFA) is the self-regulatory organization (SRO) for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex), and over-the-counter (OTC) derivatives (swaps). NFA is headquartered in Chicago and maintains an office in New York City. NFA is a non-profit, independent regulatory organization.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1982Founded1

The National Futures Association (NFA) is the self-regulatory organization (SRO) for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex), and over-the-counter (OTC) derivatives (swaps). NFA is headquartered in Chicago and maintains an office in New York City. NFA is a non-profit, independent regulatory organization. NFA does not operate any markets and is not a trade association. NFA is financed from membership dues and assessment fees, and membership is mandatory for many market participants.2

The story

NFA was created by the Commodity Futures Trading Commission (CFTC) in September 1981 and began regulatory operations in 1982.

From Wikipedia’s article on National Futures Association, shared under CC BY-SA 4.0.4

Timeline

  1. 1982Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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