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Right now, the Commissions imagine that this simplification is not going to make a significant impression on the final list drawn from the intersection of the highest 750 and Top 675. For purposes of determining whether or not the dollar value of the bottom weighted 25% of a particular index exceeds the $50 million (or $30 million) threshold established by the definition of slim-primarily based security index, the Commissions consider that small variations in the derived ADTV for element securities are usually not crucial. 2. Comment Letters A lot of the commenters who addressed the topic of indexes traded on or topic to the principles of a overseas board of commerce didn't appear to object to the proposed rule, however centered their comments on the question of an additional rule to create completely different standards for indexes traded on or topic to the rules of a foreign board of trade that may increase the types of indexes that could be thought of broad-based indexes.114 One commenter maintained that the general public interest requires the Commissions to maneuver forward and grant relief with respect to overseas security index contracts promptly.115 Commenters in favor of a distinct and more expansive standard for when a safety index future traded on or subject to the principles of a overseas board of trade is broad-primarily based made quite a lot of arguments in help of their view.
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