Which of the Following Statements Is INCORRECT

question 8

Multiple Choice

Which of the following statements is INCORRECT?

• A) The CFTC must approve new contracts and changes to existing contracts.
• B) The CFTC develops rules and regulations that govern the NFA and all futures exchanges.
• C) The CFTC detects market manipulations but leaves its prevention and prosecution to the Treasury.
• D) The CFTC does research on futures markets and provides technical assistance to government bodies.
• E) The CFTC helps coordinate global regulatory efforts.

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Definitions:

Precognition

The purported ability to foresee or have knowledge of future events before they occur.

Clairvoyance

The purported power to gather data about an object, a person, a location, or a physical happening through the use of extrasensory perception, bypassing traditional sensory channels.

Telepathy

The supposed communication of thoughts or ideas by means other than the known senses.

Psychokinesis

The purported skill to shift items solely through mental concentration.