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Right now, the Commissions consider that this simplification is not going to make a big affect on the final listing drawn from the intersection of the top 750 and Top 675. For functions of determining whether the greenback value of the bottom weighted 25% of a selected index exceeds the $50 million (or $30 million) threshold established by the definition of slim-primarily based safety index, the Commissions believe that small variations in the derived ADTV for element securities will not be important. 2. Comment Letters Most of the commenters who addressed the topic of indexes traded on or topic to the principles of a foreign board of trade did not appear to object to the proposed rule, but targeted their comments on the query of an extra rule to create completely different requirements for indexes traded on or subject to the foundations of a foreign board of trade that will develop the kinds of indexes that can be thought of broad-primarily based indexes.114 One commenter maintained that the general public curiosity requires the Commissions to maneuver forward and grant relief with respect to overseas safety index contracts promptly.A hundred and fifteen Commenters in favor of a special and more expansive customary for when a security index future traded on or topic to the foundations of a international board of commerce is broad-primarily based made a variety of arguments in assist of their view.
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