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The president and owner of both MFIP, Inc., a Commodity Trading Advisor and Commodity Pool Operator, and Windsor Securities, Inc., and RIA, Steven Prusky has more than 30 years of experience in the investment and commodity trading fields. Engaged with several professional organizations, Steven Prusky is a member of the National Futures Association and the Commodity Futures Trading Commission (CFTC).
Established in 1974 as a result of the Commodity Futures Trading Commission Act, the United States Commodity Futures Trading Commission is committed to ensuring that the markets operate in a manner that is consistently financially sound, transparent, and competitive. The CFTC operates six committees that each focus on a different aspect of the industry, including market risk, technology markets, and a joint committee with the Securities and Exchange Commission, among others. One of its more general programs is market surveillance, which proactively works against volatility-creating speculation and manipulation.
The market surveillance program monitors trading activity on the option contract and active futures markets, especially trading by large traders that have a significant impact on key price relationships. By using a mix of public and private trading information, the CFTC regulates the markets and can take steps to correct problems. In most circumstances, it gives the exchanges the first chance to resolve issues. If the exchange fails to do so or if the CFTC decides to use its emergency powers, it may take steps such as requiring positions to be liquidated or temporarily closing a market. Other market surveillance programs include a speculative-limits program and a large-trader reporting program.
Steven Prusky's Blog 
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