An associated person is an individual who performs certain functions at a broker-dealer firm. These functions include acting as a registered representative, placing orders for clients, and providing investment advice. The term also encompasses employees of a broker-dealer firm who are not registered representatives, such as sales assistants and customer service representatives.
Which of the following would be classified as an associated person under the Bribery Act 2010?
There is no definitive answer to this question as it will depend on the specific circumstances of each case. However, the Bribery Act 2010 does provide some guidance on who might be classified as an associated person. In particular, section 8 of the Act states that a person will be considered to be an associated person if they are "involved in the management of the affairs of the [relevant] body". This would include anyone who is responsible for the day-to-day running of the body, such as a director or senior manager.
What is a Swap AP?
Swap AP is short for Swap Execution Facility Associated Person. Swap APs are individuals who are employed by or associated with a Swap Execution Facility (SEF) and who are involved in the execution or facilitation of swaps on behalf of a SEF. Swap APs must be registered with the Commodity Futures Trading Commission (CFTC) and must meet certain eligibility requirements, including passing a proficiency examination. What is a covered person under FINRA? A covered person under FINRA is an individual who is registered with the organization, or who is an employee of a member firm. Covered persons include brokers, dealers, investment advisers, and their employees.
Do I need a license to trade futures?
Generally speaking, yes, you will need a license to trade futures. However, there are a few exceptions to this rule. For example, if you are trading for your own personal account, you may not need a license. Additionally, some brokers may allow you to trade futures without a license if you meet certain conditions, such as having a certain amount of money in your account.
What is full agent authorization? Full agent authorization gives the broker the authority to act on behalf of the agent in all real estate transactions, including the authority to sign contracts and documents on the agent's behalf. This type of authorization is typically granted to brokers who have a close working relationship with the agent and who the agent trusts to handle their business in a professional and ethical manner.