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Presently, the Commissions consider that this simplification is not going to make a major impression on the ultimate record drawn from the intersection of the top 750 and Top 675. For functions of determining whether or not the greenback worth of the bottom weighted 25% of a specific index exceeds the $50 million (or $30 million) threshold established by the definition of slim-based mostly security index, the Commissions consider that small variations in the derived ADTV for element securities usually are not crucial. 2. Comment Letters Many of the commenters who addressed the subject of indexes traded on or subject to the rules of a international board of trade didn't seem to object to the proposed rule, however focused their comments on the question of an additional rule to create totally different requirements for indexes traded on or subject to the rules of a overseas board of commerce that will develop the varieties of indexes that would be considered broad-based mostly indexes.114 One commenter maintained that the general public interest requires the Commissions to move forward and grant relief with respect to international security index contracts promptly.115 Commenters in favor of a special and extra expansive standard for when a safety index future traded on or topic to the foundations of a foreign board of trade is broad-primarily based made plenty of arguments in assist of their view.

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