Federal Securities Laws: Securities Exchange Act of 1934 - Regulates securities transactions and requires registration of intermediaries dealing with securities. Key consideration for financial intermediaries.
Anti-Fraud Provisions: Federal and state regulations preventing fraudulent activities in commercial transactions and commission-based relationships.
Foreign Corrupt Practices Act: Federal law prohibiting the payment of bribes to foreign officials to assist in obtaining or retaining business. Important for international intermediary relationships.
FTC Regulations: Federal Trade Commission rules governing fair business practices and consumer protection in intermediary relationships.
Internal Revenue Code: Federal tax regulations governing the treatment of commission payments, including reporting requirements and tax withholding obligations.
State Contract Laws: State-specific regulations governing contract formation, enforcement, and interpretation, including requirements for valid commission agreements.
State Commercial Codes: State-specific regulations governing commercial transactions and business relationships.
State Licensing Requirements: State-specific licensing and registration requirements for brokers and intermediaries in various industries.
State Commission Regulations: State-specific rules governing commission payments, structures, and disclosure requirements.
State Employment Laws: State regulations determining employment status and related obligations, particularly relevant for distinguishing between independent contractors and employees.
Industry-Specific Regulations: Specialized rules for specific sectors such as real estate, insurance, and securities, including FINRA regulations and industry-specific commission rules.
Statute of Frauds: Legal doctrine requiring certain types of contracts to be in writing to be enforceable, including many commission agreements.
Consumer Protection Laws: State and federal laws protecting consumer interests, including disclosure requirements and fair business practice regulations.
Anti-Trust Laws: Federal and state laws preventing anti-competitive practices, including Sherman Act and Clayton Act provisions that may affect commission structures.
