Associated Person (AP)
What is Associated Person (AP)?
Associated Person (AP) meaning An individual who solicits or accepts (other than in a clerical capacity) orders,discretionary accounts, or participation in a commodity pool, or supervises any individual so engaged, on behalf of a futures commission merchant, an introducing broker, a commodity trading advisor, a commodity pool operator, or an agricultural trade option merchant.
reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary
Tags: Economy
Categorised in: Uncategorized
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