2026 Membership Book FINAL

Case: 25-7516, 01/23/2026, DktEntry: 33.1, Page 97 of 110

Any such order, rule, or regulation may be made only after notice and op- portunity for hearing, and the Commission may set different terms and con- ditions for different markets. (c) Regulations for elimination of pilot status of commodity option transac- tions; terms and conditions of options trading Not later than 90 days after November 10, 1986, the Commission shall issue regulations— (1) to eliminate the pilot status of its program for commodity option transactions involving the trading of options on contract markets, includ- ing any numerical restrictions on the number of commodities or option contracts for which a contract market may be designated; and (2) otherwise to continue to permit the trading of such commodity options under such terms and conditions that the Commission from time to time may prescribe. * * * * *

5. 7 U.S.C. § 7a-2 provides, in relevant part: Common provisions applicable to registered entities * * * * * (c) New contracts, new rules, and rule amendments (1) In general

A registered entity may elect to list for trading or accept for clearing any new contract, or other instrument, or may elect to approve and imple- ment any new rule or rule amendment, by providing to the Commission (and the Secretary of the Treasury, in the case of a contract of sale of a government security for future delivery (or option on such a contract) or a rule or rule amendment specifically related to such a contract) a writ- ten certification that the new contract or instrument or clearing of the new contract or instrument, new rule, or rule amendment complies with this chapter (including regulations under this chapter).

7a

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