[Federal Register Volume 61, Number 15 (Tuesday, January 23, 1996)]
[Rules and Regulations]
[Pages 1708-1709]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-753]



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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 11 and 140


Delegations of Authority

AGENCY: Commodity Futures Trading Commission.

ACTION: Final rule.

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SUMMARY: Notice is hereby given that the Commodity Futures Trading 
Commission has revised certain provisions of the Commission's 
Regulations to expand or revise delegations of authority previously 
delegated either exclusively to the Director of the Division of 
Enforcement or to the Director and the former Deputy Directors of the 
Division of Enforcement.

EFFECTIVE DATE: January 23, 1996.

FOR FURTHER INFORMATION CONTACT:
Nancy L. Walsh, Attorney, Division of Enforcement, Commodity Futures 
Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., 
Washington, DC 20581. Telephone: (202) 418-5330.


[[Page 1709]]

SUPPLEMENTARY INFORMATION: Commission Regulations have been amended to 
reflect the fact that certain authority previously delegated 
exclusively to the Director and/or the former Deputy Directors of the 
Division of Enforcement has been delegated to the Division's Deputy 
Directors, Program Coordinator, Chief Counsel, Associate Directors, 
and/or Regional Counsel, and the Commission's Regional Directors as 
well.

List of Subjects

17 CFR Part 11

    Administrative practice and procedure, Commission Rules of 
Practice, Investigations.

17 CFR Part 140

    Authority delegations, Organization and functions.

PART 11--[AMENDED]

    1. The authority citation for part 11 continues to read as follows:

    Authority: 7 U.S.C. 4a(j), 9 and 15, 12, 12a(5), unless 
otherwise noted.


Sec. 11.2  [Amended]

    2. Section 11.2, paragraph (b) is amended by revising the phrase 
``to the Director of the Division of Enforcement the authority to grant 
to any Commission employee under his direction'' to read ``to its 
Regional Directors and to the Director, the Deputy Directors, the 
Program Coordinator, the Chief Counsel, the Associate Directors, and 
the Regional Counsel of the Division of Enforcement the authority to 
grant to any employee of the Division of Enforcement''.


Sec. 11.7  [Amended]

    3. Section 11.7, paragraph (a) is amended by revising the phrase 
``the express approval of the Director of the Division of Enforcement; 
his approval shall not be given unless it has been shown to the 
satisfaction of the Division Director'' to read ``the express approval 
of either the Director, a Deputy Director, the Program Coordinator, the 
Chief Counsel, an Associate Director, or a Regional Counsel of the 
Division of Enforcement, or a Regional Director of the Commission; 
approval shall not be given unless it has been shown''.

Appendix A to Part 11--[Amended]

    4. Appendix A to Part 11 is amended by revising the phrase ``Unless 
otherwise provided for by the Director of the Division'' to read 
``Unless otherwise provided for by either the Director, a Deputy 
Director, the Program Coordinator, the Chief Counsel, an Associate 
Director, or a Regional Counsel of the Division, or a Regional Director 
of the Commission''.

PART 140--[AMENDED]

    5. The authority citation for part 140 continues to read as 
follows:

    Authority: 7 U.S.C. 4a and 12a.


Sec. 140.72  [Amended]

    6. Section 140.72, paragraph (a) is amended by revising the phrase 
``the Director of the Division of Enforcement, each Deputy Director of 
the Division of Enforcement'' to read ``the Director of the Division of 
Enforcement, each Deputy Director of the Division of Enforcement, the 
Program Coordinator of the Division of Enforcement, each Associate 
Director of the Division of Enforcement, the Chief Counsel of the 
Division of Enforcement''.


Sec. 140.73  [Amended]

    7. The heading of Sec. 140.73 is revised to read ``Delegation of 
authority to disclose information to United States, States, and foreign 
government agencies and foreign futures authorities.''
    8. Section 140.73, paragraph (a) introductory text is amended by 
revising the phrase ``the Director of the Division of Enforcement, and 
in his or her absence to each Deputy Director of the Division'' to read 
``the Director of the Division of Enforcement, each Deputy Director of 
the Division of Enforcement, the Program Coordinator of the Division of 
Enforcement, the Chief Counsel of the Division of Enforcement, each 
Associate Director of the Division of Enforcement''.
    9. Section 140.73(a)(3) is amended by revising the phrase ``Any 
department or agency of any foreign government or any political 
subdivision thereof'' to read ``Any foreign futures authority, as 
defined in section 1a(10) of the Act, or any department or agency of 
any foreign government or political subdivision thereof'' and by 
revising the phrase ``to which such foreign government or political 
subdivision or any department or agency thereof is a party'' to read 
``to which such foreign government or political subdivision or any 
department or agency thereof, or foreign futures authority is a 
party''.
    The foregoing rules are effective January 23, 1996. The Commission 
finds that the rules relate solely to agency management and personnel, 
and that the rulemaking requirements of the Administrative Procedure 
Act, as codified, 5 U.S.C. 553, do not apply.

    Issued in Washington, DC, on January 11, 1996.
Jean A. Webb,
Secretary to the Commission.
[FR Doc. 96-753 Filed 1-22-96; 8:45 am]
BILLING CODE 6351-01-M