[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: 17CFR33.5]

[Page 387]
 
              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. 33.5  Application for designation as a contract market for the trading of commodity options.

    (a) Any board of trade desiring to be designated as a contract 
market for a particular commodity option contract shall make application 
to the Commission and accompany the same with a written showing that it 
meets the conditions set forth in, and provides all the information and 
materials required by, these regulations.
    (b) Subject to the provisions of the Act and these regulations, in 
the event of a refusal to designate any board of trade as a contract 
market for a particular commodity option, such board of trade shall be 
afforded notice and an opportunity for a hearing on the record: 
Provided, That pending the conclusion of any such hearing, such 
designation shall not be granted.

(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; 52 
FR 779, Jan. 9, 1987]