Commodity Futures Trading Commission (CFTC)

Business / Agriculture / Commodity Futures Trading Commission (CFTC): The independent federal regulatory agency established by the Commodity Futures Trading Commission Act of 1974 to administer the Commodity Exchange Act. It regulates trading on the futures exchanges in the United States. The CFTC also regulates the activities of numerous commodity exchange members, public brokerage houses, commodity trading advisors, and commodity pool operators.

Override Commission

Life Style / Travel / Override Commission: Extra commission paid by suppliers for quantity or volume sales. MORE


Business / Finance / Overtrading: Excessive broker trading in a discretionary account. Underwriters persuade brokerage clients to purchase some part of a new issue in return for the purchase by the underwriter of other securities from MORE

Prearranged Trading

Business / Finance / Prearranged Trading: Possibly fraudulent practice whereby commodities dealers carry out risk-free trades at predetermined prices to acquire tax advantages. MORE