2) National Futures Association (NFA)-NFA is a self-regulatory body of the American futures industry, whose main responsibility is to protect the fairness of the American market and protect investors from fraud. Spot foreign exchange transactions can also be regarded as futures contracts because it takes two days to deliver. Therefore, foreign exchange brokers need to be registered as commodity trading consultants, futures commission agents, brokerage agents or commodity fund managers in one or more American institutions in order to conduct foreign exchange transactions for American consumers.
3) Financial Services Authority-FSA is the leading financial services industry regulator in the UK. Like CFTC, FSA has the right to prosecute and punish illegal and fraudulent acts in the industry.
4) Australian Securities &; Investment Committee–ASIC)–ASIC is equivalent to CFTC and FSA in Australia. Its supervision scope includes enterprise management, financial services, securities and derivative financial products, insurance and consumer rights.
5) PolyReg in Switzerland is a self-regulatory organization similar to the NFA in the United States, which is recognized by the Swiss Federal Anti-Money Laundering Administration and supervises all individuals, enterprises and legal entities providing financial intermediary services in Switzerland.
6)CIMA Cayman Islands Monetary Authority is the main financial services regulator in Cayman Islands. Through professional supervision team and advanced technology, the industry is effectively supervised according to relevant international standards, so as to protect and enhance the status of Cayman Islands as an international financial center. CIMA began to operate independently in March 2003 in accordance with the Monetary Authority Law, which greatly improved CIMA's ability to meet international standards in supervision, accountability and transparency, and defined its functions, responsibilities, powers and obligations more clearly.