On 5 August 2021, SEC issued notice of CBOE filing of amendment no. 1, and order instituting proceedings on whether to approve proposal, as modified by amendment.
- Amendment No. 1 reduced proposed position limit for GLD options from 1mn contracts to 500,000 contracts, and provided additional justification in support of the proposal.
- Comments due 21 days from pending federal register publication; rebuttals, 35 days