SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TFF who started this subject7/24/2002 6:24:16 PM
From: TFF  Read Replies (1) of 12617
 
US SEC clears last hurdle for single-stock futures
(RT)US SEC clears last hurdle for single-stock futures
Story 6468 (I/US, I/WASH, I/USC, I/REGS, I/FIN, I/STX, H/)
WASHINGTON, July 24 (Reuters) - The Securities and Exchange
Commission on Wednesday approved customer margin rules
governing single-stock futures, sweeping aside the last
obstacle to the long-delayed start of trade in the products.
The new rules, which set minimum margin levels at 20
percent of "current market value", were approved earlier this
month by the SEC's regulatory partner for the new market, the
Commodity Futures Trading Commission.
The two agencies consulted closely for more than a year to
hammer out a consensus on the margin rules and other details,
which will take effect 30 days after publication.
Congress had authorized a resumption of trade in
single-stock futures to begin in August of last year after a
two-decade hiatus, but the lack of a regulatory framework had
hampered the market's revival until now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News