Stock Futures Plan Certified
Traders Magazine, June 2002
The Commodities Futures Trading Commission and the Securities and Exchange Commission approved a plan allowing certain foreign security index futures to be treated as broad-based index futures. The authority might have lapsed if the SEC and CFTC hadn't acted. The CFTC also approved an order that allows security futures to be based on a share of an exchange traded fund, a trust issued receipt or a share in a closed-end investment management company.
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