January 1, 1983
REVISED RULES ON COMMODITY FUTURES
Pursuant to the provisions of Presidential Decree No. 902-A and of the Revised Securities Act (BP No. 178), the following revised rules and regulations governing Commodity Futures Exchanges, Futures Commission Merchants, Floor Brokers, Commodity Futures Associations, Commodity Pool Operators and Commodity Trading Advisors, are hereby promulgated. cdtai
TITLE I
Definitions
RULE 1. For purposes of these rules, the following terms shall have their respective meanings:
a) The word "Commission" shall mean the Securities and Exchange Commission.
b) The word "person" shall be construed to include individuals, partnerships, corporation and trusts.
c) The words "commodity future exchange" shall be held to include and mean any corporation authorized by law and by the Commission to operate as an exchange, the members of which are persons who are engaged in the business of purchasing and selling commodity futures contracts for the account of other persons. "This shall also refer to "contract market".
d) The word "commodity" shall include agricultural and mineral products such as but not limited to copra, coconut oil, rice, corn, wheat, raw sugar, refined sugar, plywood,...
