The Commodity Futures Trading Commission’s Division of Market Oversight has issued a no-action letter to Small Exchange Inc., a designated contract market. The letter addresses procedures related to dormancy and is both time-limited and subject to specific terms and conditions outlined by the Division.
"The no-action position is time-limited and subject to the terms and conditions in the Division’s no-action letter," according to the CFTC.
Small Exchange Inc. operates as a designated contract market under CFTC oversight. The announcement was made from Washington, D.C.
