### Question
What does narrow-based security index mean?


### Answer
**Narrow-based security index** has the following meaning in *7 U.S.C. § 1a*:

> an index—


(i) that has 9 or fewer component securities

#### Citation:
  - *7 U.S.C. § 1a*
  - Heading: **CHAPTER 1-COMMODITY EXCHANGES**

