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2011-6382

  • Federal Register, Volume 76 Issue 53 (Friday, March 18, 2011)[Federal Register Volume 76, Number 53 (Friday, March 18, 2011)]

    [Proposed Rules]

    [Pages 14825-14826]

    From the Federal Register Online via the Government Printing Office [www.gpo.gov]

    [FR Doc No: 2011-6382]

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    COMMODITY FUTURES TRADING COMMISSION

    17 CFR Parts 1, 16, and 38

    RIN 3038-AD09

    Core Principles and Other Requirements for Designated Contact

    Markets

    AGENCY: Commodity Futures Trading Commission.

    ACTION: Notice of proposed rulemaking; extension of comment period.

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    SUMMARY: The Commodity Futures Trading Commission (``Commission'') is

    extending the comment period for proposed regulation 38.502(a)

    (``Minimum Centralized Market Trading Percentage Requirement''), in

    light of the recent public release of the off-market volume data

    referenced by the Commission in the Federal Register release for the

    notice of proposed rulemaking for ``Core Principles and Other

    Requirements for Designated Contract Markets'', 75 FR 80572 (Dec. 22,

    2010). The comment period is being extended for this regulation to

    permit interested persons to submit comments on off-market volume data

    that has recently been made available to the public and to which the

    Commission referred in its notice of proposed rulemaking.

    DATES: Submit comments on or before April 18, 2011.

    [[Page 14826]]

    ADDRESSES: You may submit comments, identified by RIN number, by any of

    the following methods:

    Agency Web site, via its Comments Online process: http://comments.cftc.gov. Follow the instructions for submitting comments

    through the Web site.

    Mail: David A. Stawick, Secretary of the Commission,

    Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st

    Street, NW., Washington, DC 20581.

    Hand Delivery/Courier: Same as mail above.

    Federal eRulemaking Portal: http://www.Regulations.gov.

    Follow the instructions for submitting comments.

    Please submit comments by only one method.

    All comments must be submitted in English, or if not, accompanied

    by an English translation. Comments will be posted as received to

    http://www.cftc.gov. You should submit only information that you wish

    to make available publicly. If you wish the Commission to consider

    information that may be exempt from disclosure under the Freedom of

    Information Act (``FOIA''), a petition for confidential treatment of

    the exempt information may be submitted according to the procedures

    established in Sec. 145.9 of the Commission's regulations.\1\ The

    Commission reserves the right, but shall have no obligation, to review,

    pre-screen, filter, redact, refuse, or remove any or all of your

    submission from http://www.cftc.gov that it may deem to be

    inappropriate for publication, such as obscene language. All

    submissions that have been redacted or removed that contain comments on

    the merits of the rulemaking will be retained in the public comment

    file and will be considered as required under the Administrative

    Procedure Act and other applicable laws, and may be accessible under

    FOIA.

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    \1\ Commission regulations referred to herein are found at 17

    CFR Ch. 1 (2010). They are accessible on the Commission's Web site

    at http://www.cftc.gov.

    FOR FURTHER INFORMATION CONTACT: Nancy Markowitz, Assistant Deputy

    Director, 202-418-5453, nmarkowitz@cftc.gov, or Nadia Zakir, Attorney-

    Advisor, 202-418-5720, nzakir@cftc.gov, Division of Market Oversight,

    Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st

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    Street, NW., Washington, DC 20581.

    SUPPLEMENTARY INFORMATION: On December 22, 2010, the Commission

    published in the Federal Register a notice of proposed rulemaking, in

    which it proposed rules, guidance, and acceptable practices, to be

    applicable to the designation and operation of contract markets, as

    well as the listing, trading, and execution of swaps on designated

    contract markets.\2\ The notice of proposed rulemaking would implement

    certain provisions of sections 723, 733, and 735 of the Wall Street

    Reform and Consumer Protection Act (the ``Dodd-Frank Act''). The

    comment period for the proposed rulemaking closed on February 22, 2011.

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    \2\ See Core Principles and Other Requirements for Designated

    Contract Markets, 75 FR 80572, 80588-89, Dec. 22, 2010.

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    Since the close of the proposed rulemaking, data has been made

    publicly available to support the rulemaking, in particular, proposed

    Sec. 38.502(a), the proposed ``minimum centralized market trading

    percentage requirement.'' Discussion of this proposed requirement is

    available in the notice of proposed rulemaking at pages 80588 and 80589

    of the Federal Register publication. The data has been made available

    on the Commission's Web site at http://comments.cftc.gov/FederalRegister/Proposed.aspx?Type=ListAll&Year=2010, the same location

    as the Commission's notice of proposed rulemaking. All persons wishing

    to comment on proposed regulation 38.502(a) (``Minimum Centralized

    Market Trading Percentage Requirement''), in light of the data that has

    been made available may do so by submitting comments using one of the

    methods provided above through April 18, 2011.

    Issued in Washington, DC, on March 14, 2011, by the Commission.

    David A. Stawick,

    Secretary of the Commission.

    [FR Doc. 2011-6382 Filed 3-17-11; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: March 18, 2011



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