Which of the Following Organizations Has the Ultimate Regulatory Authority

question 12

Multiple Choice

Which of the following organizations has the ultimate regulatory authority in the futures industry?

• A)National Futures Association
• B)Commodity Futures Trading Commission
• C)Commodity Exchange Authority
• D)Securities and Exchange Commission
• E)none of the above

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Definitions:

Federal Land

Federal land refers to land owned by the federal government of a country, and it may be used for various purposes such as parks, forests, wildlife refuges, or military bases.

Environmental Impact Statement

A document required by law that outlines the environmental effects of proposed construction or development projects.

Private Land

Property owned by individuals or entities, not by the government or public sector, and often used for personal or private purposes.

Environmental Impact Statement

A document prepared to describe the effects proposed projects will have on the environment, required for certain actions by government agencies.