### Question
How does the law define compliance date?


### Answer
Under *15 U.S.C. § 78f*, **compliance date** is defined as:

> the later of—


(i) 180 days after the end of the first full calendar month period in which the average aggregate comparable share volume for all security futures products based on single equity securities traded on all national securities exchanges, any national securities associations registered pursuant to section 78o–3(a) of this title, and all other persons equals or exceeds 10 percent of the average aggregate comparable share volume of options on single equity securities traded on all national securities exchanges and any national securities associations registered pursuant to section 78o–3(a) of this title

#### Citation:
  - *15 U.S.C. § 78f*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

