Which agency is responsible for enforcing the Commodity Exchange Act?

The Commodity Futures Trading Commission (CFTC) is the agency responsible for enforcing the Commodity Exchange Act, which governs the trading of commodity futures and options in the U.S. The CFTC's primary role is to protect market participants and the public from fraud, manipulation, and abusive practices in the commodity and financial futures markets. This includes overseeing exchanges, monitoring trading practices, and ensuring that all trading is conducted transparently and fairly.

The enforcement of the Commodity Exchange Act involves regulating the activities of individuals and organizations engaged in commodities trading, ensuring compliance with legal standards, and implementing measures to maintain market integrity. The CFTC also has the authority to take enforcement actions against violations of the act, making it the key regulatory body for this area.

In this context, other agencies do not have jurisdiction over the Commodity Exchange Act: the Federal Trade Commission (FTC) primarily deals with consumer protection and antitrust laws; the Securities and Exchange Commission (SEC) regulates securities and stock markets; and while the Department of Agriculture has a role in agricultural commodities, it does not enforce the Commodity Exchange Act. Thus, the CFTC is the correct agency for this particular regulatory function.