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Right now, the Commissions imagine that this simplification is not going to make a major affect on the final list drawn from the intersection of the highest 750 and Top 675. For purposes of determining whether or not the greenback worth of the lowest weighted 25% of a specific index exceeds the $50 million (or $30 million) threshold established by the definition of narrow-primarily based safety index, the Commissions believe that small variations in the derived ADTV for component securities will not be important. 2. Comment Letters Most of the commenters who addressed the subject of indexes traded on or subject to the foundations of a overseas board of commerce did not appear to object to the proposed rule, but centered their comments on the query of an additional rule to create completely different requirements for indexes traded on or subject to the foundations of a international board of trade that will expand the sorts of indexes that could be considered broad-primarily based indexes.114 One commenter maintained that the public curiosity requires the Commissions to move forward and grant relief with respect to overseas safety index contracts promptly.One hundred fifteen Commenters in favor of a special and more expansive commonplace for when a security index future traded on or subject to the rules of a international board of commerce is broad-primarily based made plenty of arguments in help of their view.

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