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Commodity Futures Trading Commission |
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Commodity Futures Trading CommissionCreated by the US Congress in 1974 to regulate exchange trading in futures. URL: http://www.cftc.govSimilar MatchesSecurities and Exchange Commission RulesSecurities and Exchange Commission RulesRules enacted by the SEC to assist in the regulation of US financial SEC. CommissionCommissionPayment made to a stockbroker when you buy or sell shares. In general, the level of commission you pay will either be a flat fee (possibly going up in stages according to the size of the deal) or a percentage based on the size of the deal.An important determinant of the amount of commission you pay will be the kind of service you get from your broker.Discretionary : the broker has general discretion as to how he manages your portfolioAdvisory: the broker will contact you to suggest changes in the composition of your portfolio, but he does not have the authority to trade on a completely discretionary basis.Execution only: the broker's primary function is to execute the buy/sell instructions which you give him. He does not give advice either proactively or at your request.As a rule, execution only brokers are the cheapest for transaction costs. Securities and Exchange CommissionSecurities and Exchange CommissionThe US federal agency empowered to regulate US financial markets in order to protect investors. All quoted American companies have to comply with SEC rules and regulations, including the filing of quarterly results statements. Federal Maritime Commission (FMC)Federal Maritime Commission (FMC)A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses. Underwriting CommissionUnderwriting CommissionThe fee investment bankers charge for underwriting a security issue. Further SuggestionsCommissionCommodity Futures Trading Commission (CFTC) Fee and commission compensation Commission broker Split commission Commission commission house indemnity commission International Organization of Securities Commissioners Futures commission merchant (FCM) Securities & Exchange Commission (SEC) Commission house Futures Commission Merchant |
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