17 CFR 32.1 : Commodity And Securities Exchanges (§ 1.1 To Parts 451-499) — (§ 1.1 To Appendix D To Part 40) — Commodity Futures Trading Commission (§ 1.1 To Appendix D To Part 40) — Regulation Of Commodity Option Transactions (§ 32.1 To § 32.5) — Scope.

The provisions of this part shall apply to all commodity option transactions, except for commodity option transactions on a contract of sale of a commodity for future delivery conducted or executed on or subject to the rules of either a designated contract market or a foreign board of trade.