Title: 10-26


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Description

The Division of Market Oversight issued a no-action letter to the IntercontinentalExchange, Inc. (ICE) confirming that the Division will not recommend that the Commission initiate enforcement action against ICE for failure to provide a written demonstration of compliance with the significant price discovery contracts (SPDC) core principle regime within 30 days of issuance of the Commission’s order deeming the Mid-C, PJM, and SP-15 contracts as SPDCs if ICE provides a written demonstration of compliance with the core principle regime for the three contracts by August 18, 2010.