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Securities and Exchange Commission Rules |
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Securities and Exchange Commission RulesRules enacted by the SEC to assist in the regulation of US financial SEC.Securities and Exchange Commission Rules 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. 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. Commodity Futures Trading Commission (CFTC)Commodity Futures Trading Commission (CFTC)An agency created by the US Congress in 1974 to regulate exchange trading in futures. Split commissionSplit commissionA commission shared between a broker and a financial adviser or other professional who brought the customer to the broker. Underwriting CommissionUnderwriting CommissionThe fee investment bankers charge for underwriting a security issue. Further SuggestionsCommissionFederal Maritime Commission (FMC) Commission house Commission Futures commission merchant (FCM) Securities and Exchange Commission Commodity Futures Trading Commission Securities & Exchange Commission (SEC) Fee and commission compensation commission house Commission broker Futures Commission Merchant indemnity commission |
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