Proposed Rule

2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996

Proposed Amendments to NFA Bylaw 1507 (additions are underscored and deletions are in brackets):

BYLAWS OF NATIONAL FUTURES ASSOCIATION

* * *

CHAPTER 15 - MISCELLANEOUS PROVISIONS

BYLAW 1507. DEFINITIONS.
The terms used in these Bylaws shall have the same meaning as in the Articles: Provided, however, that the term "futures" as used in these Bylaws shall include:

    (1) option contracts granted by a person that has registered with the Commission under Section 4c(d) of the Act as a grantor of such option contracts or has notified the Commission under the Commission's rules that it is qualified to grant such option contracts;

    (2) foreign futures and foreign options transactions made or to be made on or subject to the rules of a foreign board of trade for or on behalf of foreign futures and foreign options customers as those terms are defined in the Commission's rules; [and]

    (3) leverage transactions as that term is defined in the Commission's rules; and

    (4) security futures products, as that term is defined in Section 1a(32) of the Act.

Such contracts are hereby declared to be a proper subject of NFA regulation and oversight (See Article XVIII, paragraph (k)).

* * *

NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the derivatives markets.
Site Index | Contact NFA | News Center | FAQs | Career Opportunities | Industry Links | Home
© National Futures Association All Rights Reserved. | Disclaimer and Privacy Policy