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Market regulation · 14/08/1995

Foreign Option Transactions; Material Changes in Terms and Conditions of Option Contract

The Commodity Futures Trading Commission (Commission) is publishing notice of certain material changes in the terms and conditions of the option contract on the MIBOR '90 futures contract traded on the MEFF Sociedad Rectora de Productos Financieros Derivados de Renta Fija, S.A. (MEFF Renta Fija) to be offered or sold to persons located in the United States. The initial order permitting, among others, option contracts on the MIBOR '90 futures contract to be offered or sold to persons in the United States was issued on June 5, 1995, 60 FR 30462 (June 9, 1995), pursuant to Commission rule 30.3(a), 17 CFR 30.3(a), which makes it unlawful for any person to engage in the offer or sale of a foreign option product until the Commission, by order, authorizes such foreign option to be offered or sold in the United States.

Source: Federal Register — CFTCOpen original release →