Market regulation · 24/11/1995
Advisory; Customer Orders
The Commodity Futures Trading Commission (``Commission'') is issuing an Advisory concerning customer orders transmitted to and reported from exchange trading pits in an extremely rapid manner. The purpose of this Advisory is to inform the exchanges that, for such orders, an exchange will be deemed to have demonstrated good faith towards meeting the objectives of Section 5a(b)(3) of the Commodity Exchange Act (``Act''), provided that certain recordkeeping and enforcement provisions are met.