New segment introduction restricted: recognized exchanges must obtain prior Board approval under regulatory framework before launching new trading segments. A recognized stock exchange, including a commodity derivatives exchange, shall not introduce any new market segment without the prior approval of the Board; exchanges must obtain regulatory consent before commencing additional trading segments.
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Provisions expressly mentioned in the judgment/order text.
New segment introduction restricted: recognized exchanges must obtain prior Board approval under regulatory framework before launching new trading segments.
A recognized stock exchange, including a commodity derivatives exchange, shall not introduce any new market segment without the prior approval of the Board; exchanges must obtain regulatory consent before commencing additional trading segments.
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