On September 30th, the CFTC requested comments on whether it should exempt the trading and clearing of certain options and futures transactions on gold and silver, and/or palladium and platinum. The Options Clearing Corporation has requested approval of a rule amendment that would permit options and futures on ETF Securities Ltd.'s Physical Palladium Shares ("PALL") and Physical Platinum Shares ("PPLT") to be traded and cleared as options on securities and security futures, respectively. Both PALL and PPLT are ETFs registered with the SEC and listed on NYSE Arca. The pending request follows previous exemptions granted by the CFTC with respect to gold and silver commodity-based ETF products. By issuing the release, the Commission is examining the unique character of the palladium and platinum markets as compared to the gold and silver markets. The Commission also is considering and requesting comment on whether it should adopt a categorical approach to address requests to trade and clear options and futures on commodity-based ETFs holding physical gold, silver, palladium and/or platinum. Comments should be submitted on or before November 1, 2010. 75 FR 60411; CFTC Release No. PR5909-10.