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Right now, the Commissions consider that this simplification will not make a major affect on the ultimate list drawn from the intersection of the top 750 and Top 675. For purposes of figuring out whether the dollar value of the lowest weighted 25% of a selected index exceeds the $50 million (or $30 million) threshold established by the definition of narrow-based mostly safety index, the Commissions imagine that small variations within the derived ADTV for element securities are usually not crucial. 2. Comment Letters Most of the commenters who addressed the subject of indexes traded on or topic to the principles of a overseas board of trade did not appear to object to the proposed rule, but focused their comments on the question of a further rule to create totally different requirements for indexes traded on or topic to the principles of a foreign board of trade that may develop the forms of indexes that could be thought-about broad-based mostly indexes.114 One commenter maintained that the general public interest requires the Commissions to move forward and grant relief with respect to overseas safety index contracts promptly.A hundred and fifteen Commenters in favor of a special and extra expansive normal for when a security index future traded on or subject to the principles of a international board of trade is broad-based mostly made various arguments in assist of their view.
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