commission

Examples of commission in the following topics:

• The Regulators

  • The Securities and Exchange Commission (SEC), which was created in 1934, is the principal regulator of securities markets in the United States.
  • The commission enforces a web of rules to achieve that goal.
  • In addition, the commission requires companies to tell the public when their own officers buy or sell shares of their stock; the commission believes that these "insiders" possess intimate information about their companies and that their trades can indicate to other investors their degree of confidence in their companies' future.
  • The Commodity Futures Trading Commission oversees the futures markets.
  • From time to time, an especially aggressive SEC chairman asserts a vigorous role for that commission in regulating futures business.

• Government Involvement

  • Many of today's U.S. regulatory agencies were created during these years, including the Interstate Commerce Commission, the Food and Drug Administration, and the Federal Trade Commission.
  • Programs and agencies that today seem indispensable to the operation of the country's modern economy were created: the Securities and Exchange Commission, which regulates the stock market; the Federal Deposit Insurance Corporation, which guarantees bank deposits; and, perhaps most notably, the Social Security system, which provides pensions to the elderly based on contributions they made when they were part of the work force.

• Federal Efforts to Control Monopoly

  • In 1914, Congress passed two more laws designed to bolster the Sherman Antitrust Act: the Clayton Antitrust Act and the Federal Trade Commission Act.
  • The Federal Trade Commission Act established a government commission aimed at preventing unfair and anti-competitive business practices.
  • The Federal Trade Commission and the Antitrust Division of the Justice Department watch for potential monopolies or act to prevent mergers that threaten to reduce competition so severely that consumers could suffer.

• Natural Resource Market

  • In the United States, the principal regulator of commodity and futures markets is the Commodity Futures Trading Commission (CFTC).
  • The NFA's first regulatory operations began in 1982 and fall under the Commodity Exchange Act of the Commodity Futures Trading Commission Act.

• Agents

  • The end or objective of the stockbroker may be to maximize their commission.
  • In the short run, the broker may sacrifice the earnings of the investor to maximize commissions.

• "Black Monday" and the Long Bull Market

  • The Brady Commission (a presidential commission set up to investigate the fall) the SEC, and others blamed various factors for the 1987 debacle -- including a negative turn in investor psychology, investors' concerns about the federal government budget deficit and foreign trade deficit, a failure of specialists on the New York Stock Exchange to discharge their duty as buyers of last resort, and "program trading" in which computers are programmed to launch buying or selling of large volumes of stock when certain market triggers occur.

• Disposable Income

  • For the purposes of calculating the amount of income subject to garnishment, United States federal law defines disposable income as an individual's compensation (including salary, overtime, bonuses, commission, and paid leave) after the deduction of health insurance premiums and any amounts required to be deducted by law.

• Introducing Exchange Rates

  • The quoted rates will incorporate an allowance for a dealer's margin (or profit) in trading, or else the margin may be recovered in the form of a commission or in some other way.

• Antitrust Laws

  • This process, though long and arduous, was enabled by the Sherman Act and Federal Trade Commission Act and substantially improved the competitive nature of the computer industry.
  • This act was expanded upon in 1914, with two more competitive laws: The Clayton Antitrust Act and the Federal Trade Commission Act.

• Principle-Agent Problem

  • Incentive structures include price rates/commissions, profit sharing, and efficiency wages.