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Code · CFR · Title 17 — Commodity and Securities Exchanges · Part 38 — Designated Contract Markets · § 38.252

§ 38.252. Additional requirements for physical-delivery contracts.

88 words·~1 min read·/us/cfr/t17/s§ 38.252·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

For physical-delivery contracts, the designated contract market must demonstrate that it:
(a)Monitors a contract's terms and conditions as they relate to the underlying commodity market and to the convergence between the contract price and the price of the underlying commodity and show a good-faith effort to resolve conditions that are interfering with convergence; and
(b)Monitors the supply of the commodity and its adequacy to satisfy the delivery requirements and make a good-faith effort to resolve conditions that threaten the adequacy of supplies or the delivery process.
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§ 38.252
Additional requirements for physical-delivery contracts.
Fed. Reg.×4
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