17 CFR § 38.253 - Additional requirements for cash-settled contracts.
---identifier: "/us/cfr/t17/s38.253"source: "ecfr"legal_status: "authoritative_unofficial"title: "17 CFR § 38.253 - Additional requirements for cash-settled contracts."title_number: 17title_name: "Commodity and Securities Exchanges"section_number: "38.253"section_name: "Additional requirements for cash-settled contracts."chapter_name: "COMMODITY FUTURES TRADING COMMISSION"part_number: "38"part_name: "DESIGNATED CONTRACT MARKETS"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376."regulatory_source: "66 FR 42277, Aug. 10, 2001, unless otherwise noted."cfr_part: "38"---
Identifier
/us/cfr/t17/s38.253
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Commodity Futures Trading Commission
Authority
7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-2... 7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.
# 38.253 Additional requirements for cash-settled contracts.(a) For cash-settled contracts, the designated contract market must demonstrate that it:(1) Monitors the pricing of the index to which the contract will be settled; and(2) Monitors the continued appropriateness of the methodology for deriving the index and makes a good-faith effort to resolve conditions, including amending contract terms where necessary, where there is a threat of market manipulation, disruptions, or distortions.(b) If a contract listed on a designated contract market is settled by reference to the price of a contract or commodity traded in another venue, including a price or index derived from prices on another designated contract market, the designated contract market must have rules or agreements that allow the designated contract market access to information on the activities of its traders in the reference market.