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Right now, the Commissions imagine that this simplification is not going to make a major influence on the final record drawn from the intersection of the top 750 and Top 675. For purposes of determining whether or not the dollar value of the lowest weighted 25% of a selected index exceeds the $50 million (or $30 million) threshold established by the definition of slender-based mostly safety index, the Commissions consider that small variations within the derived ADTV for component securities usually are not essential. 2. Comment Letters Many of the commenters who addressed the topic of indexes traded on or subject to the rules of a overseas board of trade did not seem to object to the proposed rule, but targeted their comments on the question of a further rule to create different standards for indexes traded on or subject to the foundations of a overseas board of trade that will expand the kinds of indexes that would be considered broad-based mostly indexes.114 One commenter maintained that the public curiosity requires the Commissions to move forward and grant relief with respect to foreign security index contracts promptly.One hundred fifteen Commenters in favor of a distinct and more expansive standard for when a safety index future traded on or topic to the principles of a foreign board of commerce is broad-based made quite a few arguments in assist of their view.
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