security future
The term “security future” means a contract of sale for future delivery of a single security or of a narrow-based security index, including any interest therein or based on the value thereof, except an exempted security under section 3(a)(12) of the Securities Exchange Act of 1934 [ 15 U.S.C. 78c(a)(12) ] as in effect on January 11, 1983 (other than any municipal security as defined in section 3(a)(29) of the Securities Exchange Act of 1934 [ 15 U.S.C. 78c(a)(29) ] as in effect on January 11, 1983 ). The term “security future” does not include any agreement, contract, or transaction excluded from this chapter under section 2(c) , 2(d) , 2(f) , or 2(g) of this title (as in effect on December 21, 2000 ) or sections 27 to 27f of this title .