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Federal Maritime Commission (FMC) |
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Federal Maritime Commission (FMC)A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses.Federal Maritime Commission (FMC) Similar MatchesInternational Organization of Securities CommissionersInternational Organization of Securities CommissionersIn the US, this organisation encourages co-operative policies on market regulation, surveillance, and enforcement at the domestic and international levels in order to maintain just and efficient securities markets. Indemnity commissionIndemnity commissionWhere 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'. Futures Commission MerchantFutures Commission MerchantIn the US, an individual or organisation accepting orders to buy or sell futures contracts or futures options, and accepting payment for his services. FCMs must be registered with the CFTC and the NFA. CommissionCommissionA 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. Securities & Exchange Commission (SEC)Securities & Exchange Commission (SEC)A federal agency that regulates the US financial markets. The SEC also oversees the securities industry and promotes full disclosure in order to protect the investing public against malpractice in the securities markets. Further SuggestionsSplit commissioncommission house Commodity Futures Trading Commission Securities and Exchange Commission Commodity Futures Trading Commission (CFTC) Underwriting Commission commission Fee and commission compensation Commission house Commission broker Securities and Exchange Commission Rules Commission Futures commission merchant (FCM) |
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