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At this time, the Commissions believe that this simplification won't make a significant affect on the final checklist drawn from the intersection of the highest 750 and Top 675. For functions of determining whether or not the dollar worth of the bottom weighted 25% of a specific index exceeds the $50 million (or $30 million) threshold established by the definition of slim-based mostly security index, the Commissions imagine that small variations in the derived ADTV for part securities usually are not essential. 2. Comment Letters Most of the commenters who addressed the subject of indexes traded on or subject to the rules of a international board of trade didn't seem to object to the proposed rule, however targeted their comments on the question of an additional rule to create completely different requirements for indexes traded on or topic to the rules of a foreign board of trade that may expand the varieties of indexes that would be thought of broad-based indexes.114 One commenter maintained that the general public interest requires the Commissions to maneuver 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 commonplace for when a security index future traded on or topic to the foundations of a overseas board of trade is broad-based made plenty of arguments in assist of their view.
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