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What is the primary focus of the Commodity Futures Trading Commission (CFTC)?
Regulating commodity futures and options markets
Overseeing the banking system
Managing the national budget
Regulating the insurance industry
Answer
The Commodity Futures Trading Commission (CFTC) is primarily focused on regulating the commodity futures and options markets in the United States. This includes overseeing the activities of market participants to protect market integrity and prevent fraud and manipulation.
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