National Futures Association

The National Futures Association (NFA) is a self-regulatory organization that oversees and regulates the derivatives industry in the United States. It sets standards and enforces rules for firms and individuals involved in futures, options, and retail forex trading to ensure they operate fairly, transparently, and ethically. The NFA conducts compliance inspections, credentialing, and disciplinary actions to protect investors and maintain market integrity. Think of it as a watchdog that promotes responsible practices among professionals handling complex financial products.