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Regulacje rynkowe · 3.07.1995

Foreign Option Transactions

The Commodity Futures Trading Commission (Commission) is issuing this Order pursuant to which option contracts on a spot foreign exchange operation between the Great Britain Pound and the Deutsche Mark (GBP/DEM) and the Deutsche Mark and the Italian Lira (DEM/ITL) traded on the Marche a Terme International de France (MATIF) may be offered or sold to persons located in the United States. This Order is issued pursuant to: (1) 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; and (2) the procedures established in the Commission's Order issued on June 6, 1990, 55 FR 23902 (June 13, 1990) (Mutual Recognition Memorandum of Understanding (MRMOU) with the French Commission des Operations de Bourse).

Source: Federal Register — CFTCOpen original release →