Futures Association Regulation

Definition ∞ Futures Association Regulation involves rules set by organizations overseeing futures markets to ensure fair and orderly trading. This refers to the governance framework established by self-regulatory organizations, such as the National Futures Association in the United States, which supervises firms and individuals involved in the derivatives markets. These regulations cover conduct standards, financial requirements, dispute resolution, and market surveillance to protect investors and maintain market integrity. Adherence to these rules is mandatory for members operating in the regulated futures and swaps space.
Context ∞ The application of futures association regulation to digital asset derivatives is a critical area of ongoing development and debate. As more crypto-related futures and options products emerge, regulators are extending existing frameworks to address market manipulation, customer protection, and systemic risk concerns. The discussion involves how to adapt traditional regulatory models to the unique characteristics of digital assets, including their decentralized nature and global reach.