Exempt Foreign Firm

Definition of "Exempt Foreign Firm"
  1. A non-US company that only serves US-based businesses on foreign exchanges and, due to adherence to their domestic regulatory system, falls out of the requirement to register per regulations of the Commodity Futures Trading Commission (CFTC)
How to use "Exempt Foreign Firm" in a sentence
  1. The Exempt Foreign Firm served many American clients on European exchanges.
  2. His company operated under the status of an Exempt Foreign Firm according to CFTC guidelines.
  3. Most Exempt Foreign Firms engage in business with American clients strictly in their home country's markets.

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