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Brief
"On February 04, 2025, the Commodity Futures Trading Commission (CFTC) issued an update regarding CFTC Staff Issues No-Action Letter to Korea Exchange Concerning the Offer or Sale of KOSPI and Mini KOSPI 200 Futures Contracts". The no-action letter stated that the CFTC will not recommend enforcement action against Korea Exchange for offering these contracts in the US while reviewing their certification request. This decision builds on previous no-action letters issued in 2021 and 2022 when the KOSPI 200 became a broad-based security index.
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