Commodity Exchange Act
Commodity Exchange Act is a federal act passed in 1936 by the U.S. Government.
The Act provides federal regulation of all commodities and futures trading activities and requires all futures and commodity options to be traded on organized exchanges. In 1974, the Commodity Futures Trading Commission was created as a result of the Commodity Exchange Act, and in 1982 the National Futures Association was created by CFTC.
