Market regulation · 05/06/2003

CFTC Amends Appendix C of Part 40 and Redesignates as Appendix D of Part 30

The Commodity Futures Trading Commission (CFTC) is updating its guidelines for foreign boards of trade seeking no-action relief to sell futures contracts on non-US narrow-based security indexes. The CFTC will evaluate submitted information, remove unnecessary details, and require foreign boards to request trading under their Foreign Trading System No-Action letter if applicable.