Shipkevich Bitcoin and ICO Attorney
Felix Shipkevich November 11, 2009

The CFTC issued a no-action letter permitting the offer and sale in the United States of the mini-TOPIX futures contract, TOPIX Core30 futures contract and TSE REIT index futures contract.
Mini-TOPIX futures contract is one-tenth the size of TOPIX futures contract, and allows investors to have smaller exposure to TOPIX-based assets. TOPIX Core30, the underlying index of TOPIX Core30 Futures contract, is composed of the top 30 stocks by market capitalization and liquidity on the TSE market.
Pursuant to the no-action letter, U.S.-based investors are now able to trade the three index futures contracts listed on TSE, subject to the same regulatory requirements applicable to any other non-U.S. futures contracts.