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Lesli Fairchild
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What Next for Traders Saying Goodbye to AOL Instant Messenger?

In this exclusive to Traders Magazine, Lesli Fairchild discusses how the DEC 15 shutdown of AOL Messenger will affect traders and what alternatives are out there.

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May 31, 2001

SEC and CFTC Agree on Futures

By Gregory Bresiger

Trading in security futures products is expected to begin this summer, according to officials of the Securities and Exchange Commission and the Commodity Future Trading Commission.

The two regulators have announced joint rules for implementing new statutory provisions governing security futures products.

Futures contracts on broad based indexes are under the exclusive jurisdiction of the CFTC.

The proposed rules will be published in the Federal Register. Then there will be a 30-day comment period. If all regulatory requirements are met, trading of the contracts would begin on August 21. The proposed rules are available at www.cftc.gov and www.sec.gov.