[Federal Register Volume 59, Number 239 (Wednesday, December 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-30690]


[[Page Unknown]]

[Federal Register: December 14, 1994]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 35 and 36

 

Section 4(c) Contract Market Transactions; Swap Agreements

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

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SUMMARY: On October 28, 1994, the Commission published in the Federal 
Register a notice proposing rules in a new Part 36 which would permit 
certain contract market transactions meeting specified criteria to 
trade pursuant to an exemption from certain requirements of the 
Commodity Exchange Act and Commission regulations. The notice also 
seeks comment on whether Part 35 (Exemption of Swap Agreements) should 
be amended to include stand-alone prohibitions of fraud and price 
manipulation similar to those being proposed in new Part 36, and 
whether the proposed requirements for eligible participants in new Part 
36 should be applied to the Commission's previously-granted exemptions, 
including the exemption for swap agreements in Part 35. 59 FR 54139.
    The applicable comment period expires on December 12, 1994. The 
Commission has received a number of requests for an extension of the 
comment period, particularly with regard to amendments to Part 35. In 
order to ensure that all interested parties have an opportunity to 
submit meaningful comments, the Commission has determined to extend the 
period for public comment concerning only those issues involving swap 
agreements. This extension would not affect the closing date for 
commenting on proposed Part 36.

DATES: Written comments concerning swap agreements must be received by 
the Commission by the close of business on January 31, 1995.

ADDRESSES: Comments should be sent to Jean A. Webb, Secretary, 
Commodity Futures Trading Commission, 2033 K Street, NW., Washington, 
DC 20581. Reference should be made to section 4(c) contract market 
transactions and/or swap agreements.

FOR FURTHER INFORMATION CONTACT:
Ellyn S. Roth, Attorney, Office of the General Counsel, Commodity 
Futures Trading Commission, 2033 K Street, NW., Washington DC 20581. 
Telephone: (202) 254-9880.

    Issued in Washington, DC, this 8th day of December, 1994, by the 
Commission.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 94-30690 Filed 12-13-94; 8:45 am]
BILLING CODE 6351-01-M