Business / Agriculture / Commodity Futures Trading Commission (CFTC) Act Of 1974: P.L. 93-463 (October 23, 1974) created the Commodity Futures Trading Commission, to replace the U.S. Department of Agriculture’s Commodity Exchange Authority, as the independent federal agency responsible for regulating the futures trading industry. The Act made extensive changes in the basic authority of Commodity Exchange Act of 1936, which itself had made extensive changes in the original Grain Futures Act of 1923.
Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
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
Science / Chemistry / Oxidation Half Reaction: That part of a redox reaction that involves loss of electrons. In the oxidation half reaction, the oxidation number of one or more atoms within the reactants is increased. MORE