The Commodity Futures Trading Commission Office of General Counsel has granted no-action relief to the Singapore Exchange Derivatives Trading Limited (SGX-DT) concerning the offer and sale in the U.S. of SGX-DT’s U.S. dollar denominated futures contract based on the Nikkei 225 Index. In 1986, the CFTC granted no-action relief to permit the offer and sale in the U.S. of SGX-DT’s Nikkei 225 Index Japanese yen denominated futures contract. The terms and conditions of the U.S. dollar and Japanese yen contracts are substantially similar, with the only difference being that the new contract’s multiplier is in U.S. dollars.

http://www.cftc.gov/files/tm/letters/07letters/tm07-07.pdf