Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr
Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr
Credit United States Congress House Committee On Agric
The book Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr was written by author Credit United States Congress House Committee On Agric Here you can read free online of Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr a good or bad book?
What reading level is Review of Commodity Futures Trading Commissions Discretion to Exempt Certain Tr book?
To quickly assess the difficulty of the text, read a short excerpt:
74 / Tuesday. April 20. 1993 / NoUce« the requirement that participants be commenHal entities. Yet. The "commeidalitr" requ lre ineirt in the order is by and large uodeGned. MoreoTer, the Commission, has nerer recognized an exemption to its jurisdiction based solely on the "commerciality" of the participants, nor can I see any policy reason why commercial firms engaging in futures transactions should not have the basic protection of our anti&aud provisions. The "SophistJcatios" of Market Partic...ipants is Not a Vahd Basis for Providing oa Anti-Fraud Exemption II has beoi argued that because the participants in exempt energy transactions are "sopnislicated" institutional users or entities of high net worth. Ihey don't "need" CFTC anti- fraud protections. At the outset. T would note that if we are to rationalize exemptions from anti- fraud and other components of our regulatory scheme on the basis of the "sophistication" of market users, we might as well close our doors tomorrow, because approximately 98% of users of regulated, exchange-traded futures meet the eligibility rquirements of our swaps rule, and, these financial requirements are much higher than those in the order.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: