Commodity Futures Trading Commission
Commodity Futures Trading CommissionCreated by the US Congress in 1974 to regulate exchange trading in futures. URL: http://www.cftc.gov
A percentage of the sale price which the selling party receives. This can be an estate agent in relation to a property, a broker selling you a mortgage or other products and even a dorr to door salesman selling you a nice new set of double glazing.
Split commissionSplit commission
A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker.
Commission houseCommission house
Another term used to describe brokerage firms because they earn their living by charging commissions.
Indemnity commissionIndemnity commission
Where a life company pays commission to an agent, the company does so on the proviso it will be entitled to take back some or all of the commission if the policy is cancelled within a given period. Also known as 'clawback'.
Securities and Exchange Commission RulesSecurities and Exchange Commission Rules
Rules enacted by the SEC to assist in the regulation of US financial SEC.
Further SuggestionsCommodity Futures Trading Commission (CFTC)
International Organization of Securities Commissioners
Fee and commission compensation
Futures Commission Merchant
Futures commission merchant (FCM)
Securities and Exchange Commission
Federal Maritime Commission (FMC)
Securities & Exchange Commission (SEC)