CFTC Certifies Futures Contracts on the MICEX Index, the Hang Seng Index, the FTSE/JSE Top 40 Index, and the BSE Sensitive Index

The CFTC's Division of Market Oversight issued a letter advising the Bolsa de Valores, Marcadorias e Futuros ("BVMF-Brazil") that its MICEX Index, Hang Seng Index, FTSE/JSE Top 40 Index, and the BSE Sensitive Index futures contracts were deemed certified.

The contracts satisfy the requirements of the Commodity Exchange Act and the CFTC's Regulations and may be offered or sold to persons in the U.S. through the BVMF's direct access terminals located in the U.S.

Click here to view letter in full (links externally to CFTC website). See also: BVMF Memo Hang Seng; BVMF Memo Top 40; and BVMF Memo BSE.See generally: Lofchie's Guide to CPO-CTA Regulation: What Is a "Swap" and Other Jurisdictional Questions.