[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR41.23]

[Page 468]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 41_SECURITY FUTURES PRODUCTS--Table of Contents
 
   Subpart C_Requirements and Standards for Listing Security Futures 
                                Products
 
Sec.  41.23  Listing of security futures products for trading.

    (a) Initial listing of products for trading. To list new security 
futures products for trading, a designated contract market or registered 
derivatives transaction execution facility shall submit to the 
Commission at its Washington, DC headquarters, either in electronic or 
hard-copy form, to be received by the Commission no later than the day 
prior to the initiation of trading, a filing that:
    (1) Is labeled ``Listing of Security Futures Product;''
    (2) Includes a copy of the product's rules, including its terms and 
conditions;
    (3) Includes the certifications required by Sec.  41.22;
    (4) Includes a certification that the terms and conditions of the 
contract comply with the additional conditions for trading of Sec.  
41.25;
    (5) If the board of trade is a designated contract market pursuant 
to section 5 of the Act or a registered derivatives transaction 
execution facility pursuant to section 5a of the Act, it includes a 
certification that the security futures product complies with the Act 
and rules thereunder; and
    (6) Includes a copy of the submission cover sheet in accordance with 
the instructions in appendix D of part 40.
    (b) Voluntary submission of security futures products for Commission 
approval. A designated contract market or registered derivatives 
transaction execution facility may request that the Commission approve 
any security futures product under the procedures of Sec.  40.5 of this 
chapter, provided however that the registered entity shall include the 
certification required by Sec.  41.22 with its submission under Sec.  
40.5 of this chapter. Notice designated contract markets may not request 
Commission approval of security futures products.

[66 FR 55083, Nov. 1, 2001, as amended at 69 FR 67507, Nov. 18, 2004]