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Notice2026-137122026-07-07

Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating To Adoption of Chicago Mercantile Exchange's Rules Governing Security Futures Product Listing Standards, Adoption of Chicago Mercantile Exchange Inc.'s Rules Governing Security Futures Adjustments, and Adoption of Chicago Mercantile Exchange Inc.'s Rules Governing Cash-Settled Single Stock Security Futures

Securities and Exchange Commission

Action & Dates

Dates
(A) at least 40 million shares of the Restructure Security will be issued and outstanding; or (B) the Restructure Security will be listed on an exchange or automated quotation system that is subject to an initial listing requirement of no less than seven million publicly owned shares." The interpretation also provides that "[i]n the case of a Restructure Security issued or distributed to the holders of the equity security that existed prior to the ex-date of a spin-off, reorganization, recapitalization, restructuring or similar corporate transaction (`Original Equity Security'), the Exchange may consider the number of outstanding shares of the Original Equity Security prior to the spin-off, reorganization, recapitalization, restructuring or similar corporate transaction (`Restructuring Transaction')."

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-105844; File No. SR-CME-2026-002] July 2, 2026. Pursuant to Section 19(b)(7) of the Securities Exchange Act of 1934 (“Act”), [ 1 ] notice is hereby given that on June 29, 2026 Chicago Mercantile Exchange, Inc. (“CME” or “Exchange”) filed with the Securities and Exchange Commission (“Commission”) the proposed rule change described in Items I, II, and III below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. CME also has filed this proposed rule change with the Commodity Futures Trading Commission (“CFTC”). The Exchange filed a written certification with the CFTC under Section 5c(c) of the Commodity Exchange Act (“CEA”)  [ 2 ] and CFTC Regulation 41.24(a)  [ 3 ] on June 29, 2026. I. CME's Description and Text of the Proposed Rule Change The Exchange previously offered physically delivered single stock security futures contracts for trading as SFPs pursuant to its registration with the CFTC as a designated contract market and prior notice registration with the SEC as a national securities exchange under the Act but ceased offering such products for trading in March 2011. Pursuant to its current notice registration, CME is re-adopting Rulebook Chapter 700 to expand the previously adopted Chapter's applicability to cash-settled SFPs

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Full Document

Citation: 91 FR 41676