What Criteria Define a "Qualified Board or Exchange" for Section 1256? ▴ Learn

What Criteria Define a “Qualified Board or Exchange” for Section 1256?

A "qualified board or exchange" is a US exchange designated as a contract market by the Commodity Futures Trading Commission (CFTC) or a national securities exchange registered with the Securities and Exchange Commission (SEC). Certain foreign exchanges are also approved by the IRS.

The key is the regulatory oversight that ensures market integrity and standardized contracts.

How Does the CFTC’S Surveillance of a Bitcoin Future Differ from the SEC’s Surveillance of a Spot Bitcoin ETF?

What Is the Role of a Designated Market Maker (DMM) on a Traditional Options Exchange?

Does the IRS Explicitly State That Crypto Futures Fall under Section 1256?

What Specific Financial Derivatives Are Classified as Section 1256 Contracts?