[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR33.2]

[Page 384]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 33--REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY OPTION TRANSACTIONS--Table of Contents
 
Sec. 33.2  Applicability of Act and rules; scope of part 33.

    (a) Except as otherwise specified in this part and unless the 
context otherwise requires:
    (1) Each board of trade designated, or applying for designation, by 
the Commission as a contract market for the purpose of trading commodity 
options pursuant to this part shall be deemed for such purpose to be a 
``board of trade,'' ``exchange,'' and a ``contract market'' and, with 
respect to commodity option transactions conducted pursuant to such 
designation, shall comply with and be subject to all of the provisions 
of the Act relating to boards of trade, exchanges, or contract markets 
as though such provisions were set forth herein; and
    (2) The provisions of sections 1a, 2(a)(1), 2(a)(8)(B), 4, 4a, 
4c(a), 4d, 4e, 4f, 4g, 4h, 4i, 4j, 4k, 4m, 4n, 5, 5a(a), 5b, 6, 6a, 6b, 
6c, 7, 8(a)-(e), 8a, 8b, 8c, and 16 of the Act shall apply to commodity 
option transactions that are subject to the requirements of this part as 
though such provisions were set forth herein and included specific 
references to commodity option transactions. Nothing contained in this 
section shall be construed to confer designation as a contract market 
absent issuance of an order of the Commission so designating an 
applicant board of trade.
    (b) The provisions of this part apply to commodity option 
transactions except for transactions which are governed by part 32 of 
this chapter.

(Approved by the Office of Management and Budget under control number 
3038-0007)

[46 FR 54529, Nov. 3, 1981, as amended at 46 FR 63036, Dec. 30, 1981; 47 
FR 57016, Dec. 22, 1982; 59 FR 5526, Feb. 7, 1994]