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Dual Agency |
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Dual AgencyThe representation of opposing principals (buyer and seller) at the same time. In brokerage many states get around this by saying that the agent aids the buyer but is the agent of the seller only. A problem arises if both buyer and seller pay the broker, Then full disclosure must be made. An escrow agent is the agent of buyer and seller and usually paid by both. This is why an escrow agent must be neutral.Dual Agency Similar MatchesFederal agency securitiesFederal agency securitiesSecurities issued by corporations and agencies created by the US government, such as the Federal Home Loan Bank Board and Ginnie Mae. Agency problemAgency problemConflicts of interest among stockholders, bondholders, and managers. Agency incentive arrangementAgency incentive arrangementA means of compensating the broker of a program trade using benchmark prices for issues to be traded in determining commissions or fees. Fiscal agency servicesFiscal agency servicesServices performed by the Federal Reserve Banks for the U.S. government. These include maintaining deposit accounts for the Treasury Department, paying U.S. government checks drawn on the Treasury, and issuing and redeeming savings bonds and other government securities. Agency securitiesAgency securitiesIn the US, these are securities issued by federal government agencies. Further SuggestionsAdministrative agencyAgency Agency bank Benefits Agency federal agency security Central Intelligence Agency Agency cost view Agency costs Contributions Agency Agency securities Multilateral Investment Guarantee Agency (MIGA) Agency theory Mercantile agency Agency closing credit reference agency Fiscal agency agreement Agency basis Credit reference agency Federal agency bond Sole importing agency agency |
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