Chicago Mercantile Exchange Options on the Butter Futures Contract, and Amendments to the Dormant Butter Futures Contract

概要

The Chicago Mercantile Exchange (CME or Exchange) has applied for designation as a contract market in options on its butter futures contract. In addition, the CME proposes to amend the dormant butter futures contract that would underlie the proposed contract, and it has filed a request to list butter futures and option contracts. The Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposals for comment is in the public interest, will assist the Commission in considering the views of interested persons, and is consistent with the purposes of the Commodity Exchange Act.