17 CFR 38.252: Additional requirements for physical-delivery contracts.
Where this section sits in the code
- Title 17—Commodity and Securities Exchanges
- CHAPTER I—COMMODITY FUTURES TRADING COMMISSION
- PART 38—DESIGNATED CONTRACT MARKETS
- Subpart E—Prevention of Market Disruption
For physical-delivery contracts, the designated contract market must demonstrate that it:
(a) Monitors a contract's terms and conditions as they relate to the underlying commodity market and to the convergence between the contract price and the price of the underlying commodity and show a good-faith effort to resolve conditions that are interfering with convergence; and
(b) Monitors the supply of the commodity and its adequacy to satisfy the delivery requirements and make a good-faith effort to resolve conditions that threaten the adequacy of supplies or the delivery process.
Collected 2026-08-27T02:24:31Z. Source file · JSON