To create a particular futures contract, ________ must obtain approval from the ________, a government regulatory agency.

Question

Quizplus · Accepted Answer

To create a futures contract, an exchange must obtain approval from the Commodity Futures Trading Commission (CFTC), which is a government regulatory agency responsible for overseeing futures trading in the United States. The other options listed do not accurately describe the process for creating a futures contract or the regulatory agency responsible for overseeing futures trading.

To Create a Particular Futures Contract, ________ Must Obtain Approval