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Article: Final rules on cash settlements. (Regulatory Watch).(new rules concern the trading of security futures products)(Brief Article)
- Article from:
- Accounting Today
- Article date:
- July 8, 2002
CopyrightCOPYRIGHT 2002 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Commodity Futures Trading Commission and the SEC have approved final rules that set forth certain requirements relating to the trading of security futures products. These rules implement provisions of the Commodity Futures Modernization Act of 2000, which lifted the 19-year ban on the trading of single-stock and narrow-based stock index futures in the country. Specifically, the final rules establish requirements related to determining the final settlement price of ...