Financial Products in Japan

It appears that we have now opened up our first Japan based financial product
on EnronOnline, and I need to get some direction from you as to what
restrictions, if any, we have on (1) counterparties located/incorporated in
Japan trading Japan based financial products, and (2) counterparties not
located in Japan trading Japan based financial products.

Previously, the only Japanese financial product we had was weather, but it
wasn't being sold by a Japan based Enron company, so my understanding was
that I didn't have any particular restrictions under Japanese law for
counterparties located in or outside Japan in trading this product. Now that
the product is being sold by a Japan based company I am wondering was
restrictions I might have to keep in mind when doing my daily online
approvals.

The only are Japan based direction I am getting is from the Broadband legal
team (Robbi Rossi) which have told me Japanese counterparties can only trade
US bandwidth segments.

P.S. we do have a Japanese counterparty on the 9/26/00 list.