Futures Trading Practices in the United States Are Regulated by

question 6

Multiple Choice

Futures trading practices in the United States are regulated by

• A)the Chicago Board of Trade.
• B)the Chicago Mercantile Exchange.
• C)the Commodities Futures Trading Commission.
• D)the Board of Futures Trading.

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Definitions:

International Waters

Refers to areas of the ocean outside any nation's territorial jurisdiction, where no state has sovereign rights.

Risk Of Loss

The potential for an investment or transaction to result in a financial loss.

Negotiable Instrument

A financial document that guarantees the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Contract Silent

A scenario where a contract does not specify terms or conditions regarding a particular aspect or issue.