... FEES, AND REGULATION REGULATORY ISSUES The Commodity Futures Trading Commission (CFTC) was created by Congress in 1974 as an independent agency with the mandate to regulate commodity futures and ... degree of volatility, high fees, and the high level of advisor attention required (see Figure 12. 4) Commodity trading advisors (CTAs) who use global futures and options markets as an investment ... trade futures and options contracts in a specific commodity, it must demonstrate that the contract reflects the normal market flow and commercial trading practices in the actual commodity The...