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Answer :
Final answer:
The appropriate Commission rule that governs contracts for Colorado brokers is likely rule E-35, which is within the context of command-and-control policies established by regulatory bodies like the SEC.
Explanation:
The Colorado brokers are obligated to obey all Commission rules and regulations, including those governing contracts. The Commission rule that relates to contracts is likely rule E-35. Although the question does not provide enough context to determine which specific Commission is being referred to, in general terms, regulatory bodies such as the Securities and Exchange Commission (SEC) established in 1934 are responsible for creating and enforcing rules to protect public and investor interests in securities and financial markets. These rules often include requirements for registrations, disclosures, and fair trading practices as established by laws like the "Fair trade" laws and the Robinson-Patman Act of 1936. Regulatory agencies use a combination of command-and-control policies, which are mandatory requirements for all entities, and market-based policies to govern industry behavior.
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