Order Exempting the Trading and Clearing of Certain Products Related to the CBOE Gold ETF Volatility Index and Similar Products
CFTC Final Rule
The CFTC is issuing an Order exempting the trading of the following products on national securities exchanges, and the clearing of all such products through the Options Clearing Corporation in its capacity as a registered securities clearing agency, from the provisions of the CEA and the regulations thereunder, to the extent necessary to permit such products to be so traded and cleared:
(a) Options on the GVZ Index;
(b) Options on any index that measures the volatility (historical or expected) of the price(s) of shares of one or more gold ETFs; and
(c) Options on any index that measures the volatility (historical or expected) of price(s) of shares of one or more gold ETFs and the price(s) of any other instrument(s), which other instruments are securities as defined in § 3(a)(10) of the '34 Act.
Document Number
75 Fed. Reg. 81977
Date
December 29, 2010
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