CFTC Staff Allows Taiwan Futures Exchange’s Futures Contract Based on the GreTai Securities Market Capitalized Weighted Stock Index (“GTEX”) To Be Offered and Sold in the United States (Press Re

Press Release 6126-11

CFTC No-Action Letter 11-07

The CFTC's Office of General Counsel today announced that it issued a no-action letter on October 24, 2011, permitting the offer and sale in the United States of Taiwan Futures Exchange's futures contract based on the GTEX. The GTEX is a broad-based, free-float, market-capitalization-weighted composite index of highly capitalized and actively traded stocks listed on the board of the GreTai Securities Market, a non-profit organization modeled after the NASDAQ

Cross References: CEA Section 2(a)(C)(ii).

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