The Commodity Exchange Act requires certain firms and individuals to
be registered with the CFTC. Registration and examination of
intermediaries is conducted on behalf of the CFTC by the National
Futures Association (NFA) under the supervision of the CFTC.
Note that options have already long been traded on the regular and E-mini S&P 500 futures. The Micro E-mini options will be similar.
The key to answering the question is that all of these options are commodity futures options. Don't read "commodity futures" as referring only to physically settled contracts on tangible goods like oil and wheat. ...
Before I answer your question - these are merely my thoughts along with a resource to hopefully help answer your questions. Any financial decisions you make based upon this information is totally up to you and I nor anyone on the Internet takes responsibility for your decisions. Please invest/speculate/trade at your own risk
Futures require daily settlement, ...