The ________ Is a Trade Organization That Offers Controls on the Legal

question 9

Multiple Choice

The ________ is a trade organization that offers controls on the legal aspects of swaps.

• A) Options Clearing Corporation
• B) Chicago Board Options Exchange
• C) Securities Exchange Commission
• D) International Swap and Derivatives Association

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Definitions:

Supreme Court Decision

A ruling made by the Supreme Court, which is the highest court in a country, especially referring to judgments that have nationwide implications.

Federal Law

Laws passed by the national government of the United States that are applicable throughout the country.

Defense of Marriage Act

A now-invalidated US law that defined marriage as the union between one man and one woman for federal and inter-state recognition purposes.

U.S. Supreme Court

The highest federal court in the United States, consisting of nine Justices and having ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.