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The Commodity Futures Trading Commission (Commission or CFTC) issued proposed guidance regarding the listing for trading of voluntary carbon credit (VCC) derivative contracts.  Specifically, the Commission's proposed guidance outlines factors that designated contract markets (DCMs) should consider when addressing certain provisions of the Commodity Exchange Act (CEA), and CFTC regulations thereunder, that are relevant to the listing for trading of VCC derivative contracts.  The Commission recognizes that VCC derivatives are a comparatively new and evolving class of products, and believes that guidance that outlines factors for a DCM to consider in connection with product design and listing may help to advance the standardization of such products in a manner that promotes transparency and liquidity.  The Commission requested comment on this proposed guidance and invited comment on specific questions related to the listing for trading of VCC derivative contracts.