The Commodity Exchange Authority was a former regulatory agency of
USDA. It was established to
administer the
Commodity Exchange Act of 1936
Commodity Exchange Act (ch. 545, , enacted June 15, 1936) is a federal act enacted in 1936 by the U.S. Government, with some of its provisions amending the Grain Futures Act of 1922.
The Act provides federal regulation of all commodities and fut ...
; it was the predecessor to the
Commodity Futures Trading Commission
The Commodity Futures Trading Commission (CFTC) is an independent agency of the US government created in 1974 that regulates the U.S. derivatives markets, which includes futures, swaps, and certain kinds of options.
The Commodity Exchange Ac ...
(CFTC).
References
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United States Department of Agriculture
United States federal commodity and futures law