Regulacje rynkowe · 18.11.1996

Amendment to Interpretative Statement Regarding Statutory Disqualification From Registration

The Commodity Futures Trading Commission has determined to amend its interpretation of the ``for other good cause'' standard contained in the Commission's Interpretative Statement With Respect to Section 8a(2) (C) and (E) and Section 8a(3) (J) and (M) of the Commodity Exchange Act. The amendment revises the existing statement by clarifying that violation of a settlement agreement with a contract market, registered futures association or other self-regulatory organization to withdraw from registration and/or not to apply for registration constitutes ``other good cause'' for adverse registration action under Section 8a(3)(M) of the Commodity Exchange Act, 7 U.S.C. 12a(3)(M).