Market regulation · 10/12/1996

Foreign Futures and Options Transactions

The Commodity Futures Trading Commission (``Commission'' or ``CFTC''), subject to the conditions specified below, is granting to designated Dealers of the New Zealand Futures and Options Exchange (``Exchange'' or ``NZFOE'') the following relief: Exemption under Commission rule 30.10, 17 CFR 30.10 (1996), from application of certain of the Commission's foreign futures and options rules to solicit and accept orders from United States customers for otherwise permitted transactions on the NZFOE and on any non-U.S. exchange 1 where such Dealers are permitted under New Zealand law to conduct futures business for customers; and confirmation of the applicability of the Limited Marketing Orders. ---------------------------------------------------------------------------