National Futures Association (NFA)

National Futures Association (NFA) is the self-regulatory organization for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex) and OTC derivatives (swaps). NFA has developed and enforced rules, provided programs and offered services that safeguard market integrity, protect investors and help our Members meet their regulatory responsibilities and has done so for more than 30 years.

Investor confidence is crucial to the success of the derivatives markets, and the best way to gain investor confidence is to demand the highest levels of integrity of all market participants and intermediaries.

Membership in NFA is mandatory, assuring that everyone conducting business with the public on U.S. futures exchanges and in the retail forex marketplace must adhere to the same high standards of professional conduct. NFA membership also is mandatory for swap dealers and major swap participants. NFA’s membership currently numbers approximately 4,100 firms and 57,000 associates.

NFA is a non-profit, independent regulatory organization. We do not operate any markets. We are not a trade association. We operate at no cost to the taxpayer. We are financed exclusively from membership dues and assessment fees.


NFA strives every day to safeguard the integrity of the derivatives markets and ensure Members meet their regulatory responsibilities.

Our Culture

At NFA, we firmly believe that it is the quality of our employees that sets us apart. We strive to cultivate a culture of diversity, continuous learning, and celebration of staff achievements.

Diversity & Inclusion

NFA supports all our employees to perform at the highest level, no matter the circumstances, and values an inclusive culture where all staff can thrive. Our leadership supports and devotes significant resources to diversity initiatives that produce results.

“Diverse viewpoints lead to informed decisions and creativity, which are instrumental for NFA to achieve its mission of safeguarding the derivatives markets and protecting customer funds. Different perspectives from individuals of varying backgrounds, ethnicity and gender, collaborating across our organization, are the foundation for NFA to evolve, and by doing so, to redefine regulation and enhance our mission. Our inclusive workforce and culture, respectful of each employee’s diversity, unique values and abilities, allows NFA to flourish and succeed.”Tom Sexton, President and CEO

Our Approach to Hiring
Trust and belonging are the foundation of our inclusive culture. Recruiting diverse staff is a top priority.

NFA Cares

NFA cares
Healthy and productive employees are at the heart of NFA’s success. NFA believes in caring for the health and wellness of our employees and bettering our communities to promote the pursuit of excellence in our employees work. NFA contributes to and coordinates:

  • wellness screenings and health fairs;
  • volunteer opportunities;
  • recreational activities;
  • cancer research support; and
  • charitable donations.

Make Our Mission Your Career

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

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