Proposed Rules. Notice of proposed rulemaking; extension of comment period
/register/2011/03/18/2011-6382·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Agency: Commodity Futures Trading Commission
Action: Notice of proposed rulemaking; extension of comment period
Citation: FR Doc. 2011-6382 · RIN 3038-AD09 · 17 CFR 1, 16, 38
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.
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. 2 See Core Principles and Other Requirements for Designated Contract Markets, 75 FR 80572, 80588-89, Dec. 22, 2010. Since the close of the proposed rulemaking, data has been made publicly available to support the rulemaking, in particular, proposed § 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 , 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]