Commission Orders and Other Actions : 14238

Initiator: CFTC

Action Type: 4(c) Action

Description: Proposal to exempt certain credit default options

Status: Action Taken

Date: 2007-06-04 00:00:00

Remarks: The Commission has issued an order that exempts the trading and clearing of these products from any provisions of the Commodity Exchange Act that would be transgressed by trading and clearing them through, respectively, a securities exchange and clearinghouse.