The National Futures Association (NFA) is a self-regulatory organization for the U.S. derivatives industry. The organization was created in 1982 to provide oversight and regulation of the futures and options markets, and is responsible for enforcing compliance with industry rules and regulations. The NFA is overseen by the Commodity Futures Trading Commission (CFTC), and has the authority to take disciplinary action against members who violate industry rules. The organization also provides education and training to industry professionals, and maintains a database of registered firms and individuals. The NFA is headquartered in Chicago, Illinois, and has offices in New York and Washington, D.C.