On June 28th, the CFTC's Office of General Counsel granted the request of Bursa Malaysia Derivatives Berhad for no-action relief in connection with the offer and sale in the United States of its futures contract based on the FTSE Kuala Lumpur Composite Index ("KCLI"). The KLCI is a broad-based, free-float, market-capitalization-weighted, composite index of 30 highly capitalized and actively traded stocks currently listed on the Main Board of the Bursa Securities Berhad. The Index provides a performance benchmark for the Malaysian equity market. As of May 17, 2011, the total adjusted market capitalization of the KLCI was approximately US $265 billion. CFTC Letter No. 11-03; CFTC Press Release.