Petition of the Philadelphia Stock Exchange, Inc. for Exemptive Relief To Permit United States Customers To Establish or Offset Positions in Certain Foreign Currency Options on the Hong Kong Futures Exchange Ltd. Through Registered Broker-Dealers

概要

On October 2, 1996, the Commodity Futures Trading Commission (``Commission'') issued a notice of proposed order and request for comment on the Philadelphia Stock Exchange, Inc.'s petition for exemptive relief to permit United States customers to establish or offset positions in certain foreign currency options on the Hong Kong Futures Exchange Ltd. through registered broker-dealers, 61 FR 52921 (October 9, 1996). The original period for comment was thirty days, with the deadline for the submission of comments November 8, 1996. By letter dated November 8, 1996, the Chicago Mercantile Exchange, the Chicago Board of Trade and the Futures Industry Association have requested a thirty-day extension of the comment period. The Commission has determined to extend the comment period to December 11, 1996.