FOR IMMEDIATE RELEASE                                      2001-88 

Staff Legal Bulletin Regarding Listing Standards Requirements
Under the Exchange Act for Security Futures Products

Washington, DC, September 6, 2001 -- The Securities and Exchange 
Commission's Division of Market Regulation today issued Staff Legal 
Bulletin No. 15 (Bulletin) offering guidance on how a national 
securities exchange or national securities association can comply 
with Section 6(h)(3)(C) of the Exchange Act that specifies the 
requirements for listing standards for security futures products.

The Bulletin offers staff guidance on how a national securities 
exchange or national securities association may satisfy 
Section 6(h)(3)(C) of the Exchange Act.  In consultation with 
staff of the CFTC, the Commission staff has developed sample 
security futures listing standards that it considers to be 
comparable to listing standards for options.  These sample listing 
standards are attached as an exhibit to the Bulletin.  

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