§ 41.23. Listing of security futures products for trading.
272 words·~1 min read·
/us/cfr/t17/s§ 41.23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Initial listing of products for trading. To list new security futures products for trading, a designated contract market shall submit to the Commission at its Washington, DC headquarters, either in electronic or hard-copy form, to be received by the Commission no later than the day prior to the initiation of trading, a filing that:
(1)Is labeled "Listing of Security Futures Product;"
(2)Includes a copy of the product's rules, including its terms and conditions;
(3)Includes the certifications required by § 41.22;
(4)Includes a certification that the terms and conditions of the contract comply with the additional conditions for trading of § 41.25;
(5)If the board of trade is a designated contract market pursuant to section 5 of the Act, it includes a certification that the security futures product complies with the Act and rules thereunder; and
(6)Includes a copy of the submission cover sheet in accordance with the instructions in appendix D of part 40.
(7)Includes a request for confidential treatment as permitted under the procedures of § 40.8.
(b)Voluntary submission of security futures products for Commission approval. A designated contract market may request that the Commission approve any security futures product under the procedures of § 40.5 of this chapter, provided however, that the registered entity shall include the certification required by § 41.22 with its submission under § 40.5 of this chapter. Notice designated contract markets may not request Commission approval of security futures products. \[66 FR 55083, Nov. 1, 2001, as amended at 69 FR 67507, Nov. 18, 2004; 74 FR 17394, Apr. 15, 2009; 77 FR 66344, Nov. 2, 2012\]