An individual who solicits orders, customers, or customer funds on behalf of a Futures Commission Merchant, an Introducing Broker, a Commodity Trading Advisor, or a Commodity Pool Operator and who is registered with the Commodity Futures Trading Commission (CFTC) via the National Futures Association (NFA).
Under NASD rules,(i) a natural person who is registered or has applied for registration under the Rules of the NASD or (ii) a sole proprietor, partner, officer, director, or branch manager of a member, or other natural person occupying a similar status or performing similar functions, or a natural person engaged in the investment banking or securities business who is directly or indirectly controlling or controlled by a member, whether or not that person is registered.
Any NATURAL PERSON that is a partner, OFFICER, DIRECTOR, or employee of a LIMITED PARTNERSHIP that is the issuer; a corporate general partner of a limited partnership that is the issuer; a company or partnership that controls or is controlled by or is under common control with the issuer; or an investment advisor that is registered under the INVESTMENT ADVISORS ACT OF 1940 and that is an advisor to an INVESTMENT COMPANY registered under the INVESTMENT COMPANY ACT. Rule 3a4-1(c)(1)(i)-(iv). Under Rule 15c3-3(a)(13), it includes persons that directly or indirectly CONTROL a BROKER or DEALER or persons that are directly or indirectly controlled by or under common control with a broker or dealer. Ownership of 10 percent or more of an entity's common stock is deemed to be control of an entity. Under Rule 17a-3(a)(12)(ii), an ASSOCIATED PERSON is defined as a partner, OFFICER, DIRECTOR, salesman, trader, manager, or any employee handling FUNDS, SECURITIES, or soliciting transactions or accounts for the BROKERDEALER.
Is the registered person who handles orders in the commodities and futures business. Here, registration is at the National Level.
typically, an employee of a futures commission merchant, introducing broker, commodity pool operator, or commodity trading advisor whose duties include the solicitation, acceptance and placement of orders for commodity futures contracts and options. (In addition, the principals of a firm must register as associated persons, but the term "AP" does not include any person performing solely clerical duties.)
An employee of an FCM, or other accredited professional, whose job is to accept customer orders for trade execution.
An individual who solicits orders, customers or customer funds on behalf of a Futures Commission Merchant, an Introducing Broker, a Commodity Trading Advisor or a Commodity Pool Operator and who is registered with the Commodity Futures Trading Commission. While many of XPRESSTRADE'S customer service representatives are licensed AP's, they never solicit orders, give trade recommendations, comment on specific trading strategies, or give tax, legal, or accounting advice.
An individual who solicits orders, customers, or customer funds on behalf of a Futures Commission Merchant, an Introducing Broker, a Commodity Trading Advisor, a Commodity Pool Operator or a Leverage Transaction Merchant who is registered with the Commodity Futures Trading Commission.
An individual who solicits orders, customers, or customer funds (or who supervises persons performing such duties) on behalf of a Futures Commission Merchant, an Introducing Broker, a Commodity Trading Adviser, or a Commodity Pool Operator.
A person associated with any futures commission merchant, introducing broker, commodity trading advisor, commodity pool operator, or leverage transaction merchant as a partner, officer, employee, consultant, or agent. Also, any person occupying a similar status or performing similar functions, in any capacity that involves: (a) the solicitation or acceptance of customers' orders, discretionary accounts, or participation in a commodity pool (other than in a clerical capacity); or (b) the supervision of any person or persons so engaged.
An associated person is any person engaged in the investment banking or securities business who is directly or indirectly controlled by an NASD member, whether or not they are registered or exempt from registration with NASD. An associated person includes, but is not limited to, every sole proprietor, partner, officer, director, or branch manager of any NASD member.
As defined by the SEC, a partner, officer, director, salesman, trader, manager, or any employee of a broker /dealer organization.
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 Commodity Trading Advisor Commodity Pool Operator, or an Agricultural Trade Option Merchant.
A person, commonly called a commodity broker, associated with and soliciting customers and orders for a futures commission merchant or introducing broker. The AP must pass a Series 3 examination, be licensed by the CFTC and be a member of the NFA.
(AP) - Category of persons, associated with firms or other entities, who must be registered under the Commodity Exchange Act.
An individual salesperson or one who supervises other sales persons and is responsible for soliciting orders or funds on behalf of an FCM, CTA, CPO or IB.