Exemption of Debt Obligations Issued by the European Union Under the Securities Exchange Act of 1934 for Purposes of Trading Futures Contracts on Those Securities

What it does

The Securities and Exchange Commission (the "Commission" or the "SEC") is proposing an amendment to designate debt obligations issued by the European Union as "exempted securities" for the purposes of marketing and trading futures contracts on those securities in the United States or to U.S. persons. The amendment is designed to permit futures trading on debt obligations issued by the European Union to be regulated as futures on "exempted securities," subject to the Commodity Exchange Act. The proposal is intended to increase U.S. persons' access to the market for these products, which may improve opportunities for hedging; lower transaction costs; contribute to greater market depth; reduce operational friction; and increase competition.

The Securities and Exchange Commission's summary, as published in the Federal Register.

What it would change

1 part of Title 17 of the Code of Federal Regulations:

17 CFR 240

Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).

Before this

No earlier Federal Register document under regulation identifier 3235-AN82 since Jan. 1, 2025.

What happens next and when

This release was published in the Federal Register on September 2, 2026. Comments should be received on or before November 2, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Title 17 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register