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26-10-2020
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Which entity in the United States takes primary responsibility for regulating futures market? US Treasury Security and Exchange Commission Federal Reserve Board Commodities Futures Trading Commission

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26-10-2020

Answer:

Commodities Futures Trading Commission

Explanation:

Commodities Futures Trading Commission refers to an independent or autonomous agency of the government of the United States of America. It was established on the 15th of April, 1975 and has its jurisdiction as the United States of America only.

CFTC is saddled with the responsibility of regulating the derivative market such as swaps, options and futures of the United States of America.

Hence, the entity in the United States which takes primary responsibility for regulating futures market is the Commodities Futures Trading Commission (CFTC).

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