WASHINGTON, July 21 -- Commodity Futures Trading Commission has issued a rule called: Order Providing Exemptive Relief To Facilitate Listing of Cash-Settled Futures on Individual Equity Securities.
The rule was published in the Federal Register on July 21 by Christopher Kirkpatrick, Secretary of the Commission.
Summary: The Commodity Futures Trading Commission ("Commission" or "CFTC") is issuing an order pursuant to the Commodity Exchange Act ("CEA") that provides exemptive relief from the Commission's opening price settlement requirement for security futures products in connection with Chicago Mercantile Exchange Inc.'s ("CME") plans to list cash-settled futures on individual equity securities for trading pursuant to its registration as ...