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Presently, the Commissions believe that this simplification is not going to make a significant impact on the final listing drawn from the intersection of the top 750 and Top 675. For functions of figuring out whether or not the greenback value of the bottom weighted 25% of a particular index exceeds the $50 million (or $30 million) threshold established by the definition of slender-based safety index, the Commissions imagine that small variations within the derived ADTV for part securities are not critical. 2. Comment Letters A lot of the commenters who addressed the topic of indexes traded on or topic to the rules of a overseas board of trade did not appear to object to the proposed rule, however focused their feedback on the question of an additional rule to create totally different requirements for indexes traded on or topic to the rules of a foreign board of trade that may expand the types of indexes that would be thought-about broad-based indexes.114 One commenter maintained that the public curiosity requires the Commissions to move ahead and grant relief with respect to foreign security index contracts promptly.A hundred and fifteen Commenters in favor of a special and more expansive normal for when a security index future traded on or subject to the principles of a international board of commerce is broad-primarily based made quite a few arguments in support of their view.
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