Examples of Trade Option in a sentence
The conditions set out in the Trade Option IFR include recordkeeping requirements for any trade options activity, i.e., the recordkeepingrequirements of 17 CFR 45.2.5 Such records must be maintained by all trade option participants pursuant to § 45.2 and made available to the Commission as specified therein.6 Section 45.2 applies different recordkeeping requirements, depending on the nature of the counterparty.
If such Trade Option Exemption is not otherwise available, it will direct the user to confer with counsel as to whether such instrument should be regulated as a swap and if the noteholder and issuer meet the requirements to be eligible to enter into the swap.
As a result, if the Token Purchase Option does not otherwise qualify for the Trade Option Exemption, issuers and investors will want to carefully consider the swap analysis with regard to their respective Token Purchase Option.
As a result, the Trade Option Exemption will not be available in many instances.
The Commission seeks to amend the OMB control number 3038-0106—Form TO, Annual Notice Filing for Counterparties to Unreported Trade Option.
Furthermore, since token presale instruments may constitute or contain a commodity forward contract or commodity option and may not otherwise qualify for the Trade Option Exemption or the Non-Financial Forward Contract Exclusion, we also consider whether such instruments would meet the Hybrid Instrument Exemption (defined below) and, as a result, be exempt from commodities law regulation.
As a result, an option to purchase tokens held by investors who are also network participants as part of their business may be eligible for the Trade Option Exemption if the conditions are met.
Each party represents to the other that, as of the Trade Date of each Covered Transaction that is not a Commodity Trade Option, it is an “eligible contract participant,” as that term is defined in Section 1a(18) of the CEA and applicable regulations thereunder (an “ECP”).
In addition, the Commission should adopt a threshold that would limit which entities are subject to the full part 45 reporting requirements due to their Trade Option activities.
The Trade Option Exemption was developed to afford commercial market participants with an exemption from trading in commodities that are physically delivered.