论文部分内容阅读
根据1974年美国商品期货委员会法案的授权,期货行业可以成立自我管理性质的并由行业自行资助的全国性行业协会。经长期酝酿,1981年5月筹备中的全国期货协会(NFA)向CFTC提出申请,8月1日由CFTC正式批准成立,9月22日注册为期货协会。 1、NFA的性质与职能 NFA是全行业性的、由行业自我支持的、管理期货和期货选择权市场的自律组织。其主要监管对象是期货从业者,因此它是期货从业者的自律协会。NFA的经费完全自理,一部分来自会员会费,一部分
Under the authority of the U.S. Commodity Futures Commission Act of 1974, the futures industry can establish self-administered national industry associations that are self-financed by the industry. After a long period of brewing, the National Futures Association (NFA) in preparation for application to the CFTC in May 1981 was formally approved by the CFTC on August 1 and registered as the Futures Association on September 22. 1. Nature and Functions of NFA NFA is an industry-wide self-supporting organization that manages futures and futures options markets. Its main regulatory object is the futures practitioner, so it is a self-discipline association of futures practitioners. The NFA’s funds are completely self-contained, partly due to membership dues, some