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Foreign Exchanges &
Platforms
Foreign Instrument
Offerings in the United States
U.S. Access To Foreign
Products
Sales Of Foreign Products
To U.S. Customers
Pending Part 30
Requests
Foreign Exchanges & Platforms
Foreign Instrument Offerings in the United
States
U.S. Access To Foreign Products
In general, properly registered or exempt persons may offer or sell most foreign
exchange-traded futures and commodity option products in the United States without
additional approvals. Special procedures do apply, however, to the offer and sale of
stock index and foreign government debt products, subject to regulation under the
Commodity Exchange Act. For more information, see our Backgrounder entitled
Foreign Instrument Approvals
and Exemptions. For information on foreign stock index or sovereign debt products
not covered by the Backgrounder and on how to qualify such investments for sale in the
United States, contact the Office of General
Counsel.
Sales Of Foreign Products To U.S. Customers
Under Part 30 of the CFTC's regulations (17 CFR Part 30), anyone who offers or
sells a foreign futures or options contract to a U.S. customer must be registered
under the Commodity Exchange Act in the appropriate capacity, unless specifically
exempted from such registration requirement. Foreign brokers in certain jurisdictions
can apply to the National Futures
Association (NFA) to offer foreign futures and options to U.S. customers under a
Rule 30.10 exemption. General information on Rule 30.10 and a list of foreign
regulatory or self-regulatory authorities that have been granted or have applied for
Rule 30.10 relief are provided in the Backgrounder entitled
Regulatory and
Self-Regulatory Authorities That Have Received Exemptions Under CFTC Rule 30.10.
Firms that are exempt under Rule 30.10 may offer and sell only foreign products to
U.S. customers.
For information on how to apply for Part 30 relief, contact the
Division of Clearing and Intermediary Oversight.
For information on firms that are exempt from registration, or for firms seeking
confirmation that Rule 30.10 relief applies to the firm, contact the NFA Information
Center, between 8 a.m. and 5 p.m. Central Time, at (800) 621-3570 or (312) 781-1410.
Pending Part 30 Requests
Comments on Part 30 requests may be sent to the Division of Clearing and Intermediary
Oversight at dcio@cftc.gov, by the date specified.
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