Title 17 published on 09-May-2017 03:50
The following are
ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 17 CFR Part 33 after this date.
2012-04-27; vol. 77 # 82 - Friday, April 27, 2012
77 FR 25320 - Commodity Options
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COMMODITY FUTURES TRADING COMMISSION
Final rule and interim final rule.
Effective date: The effective date for this final rule and the interim final rule June 26, 2012. Comment date: Comments on § 32.3, the interim final rule portion of this document, must be received on or before June 26, 2012. Compliance date: For compliance dates for these final rules, see SUPPLEMENTARY INFORMATION at section IV(D), below.
17 CFR Parts 3, 32, and 33
The Commodity Futures Trading Commission (“Commission” or “CFTC”) is issuing a final rule to repeal and replace the Commission's current regulations concerning commodity options. The Commission is also issuing an interim final rule (with a request for additional comment) that incorporates a trade option exemption into the final rules for commodity options (added § 32.3). For a transaction to be within the trade option exemption, the option, the offeror (seller), and the offeree (buyer), as applicable, must satisfy certain eligibility requirements, including that the option, if exercised, be physically settled, that the option seller meet certain eligibility requirements, and that the option buyer be a commercial user of the commodity underlying the option, and certain other regulatory conditions. Only comments pertaining to the interim final rule will be considered in any further action related to these rules.