74 FR 61116
Joint Order To Exclude Indexes Composed of Certain Index Options From the Definition of Narrow-Based Security Index Pursuant to Section 1a(25)(B)(vi) of the Commodity Exchange Act and Section 3(a)(55)(C)(vi) of the Securities Exchange Act of 1934
Overview
The Commodity Futures Trading Commission ("CFTC') and the Securities and Exchange Commission ("SEC') (collectively, "Commissions') by joint order under the Commodity Exchange Act ("CEA') and the Securities Exchange Act of 1934 ("Exchange Act') are excluding certain security indexes from the definition of "narrow- based security index.' Specifically, the Commissions are excluding from the definition of the term "narrow-based security index' certain volatility indexes composed of series of index options on broad-based security indexes.
Last Reviewed or Updated: Nov. 17, 2009
Resources
Details
69 FR 16900