Which Entity in the United States Takes Primary Responsibility for Regulating

question 18

Multiple Choice

Which entity in the United States takes primary responsibility for regulating futures market?

• A) Federal Reserve Board
• B) Commodities Futures Trading Commission (CFTC)
• C) Security and Exchange Commission (SEC)
• D) US Treasury

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Definitions:

Pint

A unit of volume measurement used chiefly in the U.K. and the U.S., equal to half a quart or approximately 568 milliliters in the U.K. and 473 milliliters in the U.S.

Pt

Refers to the chemical element Platinum with the atomic number 78, known for its use in catalysts and jewelry.

Fluid Ounce

A unit of volume used primarily in the United States to measure liquids, equivalent to approximately 29.57 ml.

Fl Oz

A unit of volume measurement equal to one fluid ounce, commonly used in the United States.