List of Commodities Notified under SCRA - SEBI - SEBI/HO/CDMRD/DMP/CIR/P/2016/105

CIRCULAR SEBI/HO/CDMRD/DMP/CIR/P/2016/105 September 28, 2016 To, The Managing Directors / Chief Executive Officers All Commodity Derivatives Exchanges Sub.: List of Commodities Notified under SCRA 1. Pursuant to the repeal of the Forward Contracts (Regulation) Act, 1952 (FCRA) and amendment to the Securities Contracts (Regulation) Act, 1956 (SCRA), the Central Government, in exercise of the powers conferred by clause (bc) of section 2 of the SCRA and in consultation with the SEBI, have vide Notification No. S.O. 3068(E) dated September 27, 2016 notified the goods specified therein, for the purpose of clause (bc) of section 2 of the SCRA with effect from the date of the said notification. A copy of the said notification is also annexed for ready reference. 2. The commodity derivatives contracts which are being traded on the commodity derivatives exchanges shall continue to be traded under the provisions of SCRA, 1956 and the Rules and Regulations made thereunder. 3. The provisions of this circular shall be effective from the date of the circular. 4. The Exchanges are advised to: a. take steps to make necessary amendments to the relevant byelaws, rules and regulations for the implementation of the same. b. bring the provisions of this circular to the notice of the members of the Exchange and also to disseminate the same on their website. c. communicate to SEBI, the status of the implementation of the provisions of this circular. 5. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 6. This circular is available on SEBI website under the category Circulars and Info for Commodity Derivatives . Yours faithfully, Vikas Sukhwal Deputy General Manager Division of Market Policy Commodity Derivatives Market Regulation Department Email: [email protected]