[Federal Register Volume 62, Number 21 (Friday, January 31, 1997)]
[Notices]
[Pages 4730-4731]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-2406]


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COMMODITY FUTURES TRADING COMMISSION

Applications of Futurecom as a Contract


Market in Live Cattle Futures and Options

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of availability of the terms and conditions of proposed 
commodity futures and option contracts.

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SUMMARY: Futurecom, an electronic commodities trading exchange, has 
applied for designation as a contract market in live cattle futures and 
option contracts, along with the terms and conditions for those 
contracts. Because Futurecom has not been approved previously by the 
Commission as a contract market in any commodity, Futurecom is also 
requesting approval of trading rules and rules of government that it 
has submitted to meet the requirements for a board of trading seeking 
designation as a contract market. The Acting Director of the Division 
of Economic Analysis (Division) of the Commission, acting pursuant to 
the authority delegated by Commission Regulation 140.96, has determined 
that publication of the proposals for comment is in the public 
interest, will assist the Commission in considering the views of 
interested persons and is consistent with the purposes of the Commodity 
Exchange Act.

DATES: Comments must be received on or before March 3, 1997.

ADDRESSES: Interested persons should submit their views and comments to 
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 21st Street NW, Washington, DC 20581. In addition, 
comments may be sent by facsimile transmission to facsimile number 
(202) 418-5521, or by electronic mail to [email protected]. Reference 
should be

[[Page 4731]]

made to the Futurecom live cattle futures and option contract.

FOR FURTHER INFORMATION CONTACT: With respect to the terms and 
conditions of the proposed futures and option contracts, please contact 
Fred Linse of the Division of Economic Analysis, Commodity Futures 
Trading Commission, Three Lafayette Centre, 21st Street NW, Washington, 
DC 20581, telephone 202-418-5273. Facsimile number: (202) 418-5527. 
Electronic mail: [email protected] With respect to questions about the 
trading rules and rules of government, please contact Lois Gregory, 
Division of Trading and Markets, at the same address, telephone 202 
418-5483. Electronic mail: [email protected]

SUPPLEMENTARY INFORMATION: Copies of the terms and conditions of the 
proposed contract as well as the proposed trading rules and rules of 
government submitted by Futurecom will be available for inspection at 
the Office of the Secretariat, Commodity Futures Trading Commission, 
Three Lafayette Centre, 21st Street NW, Washington, D.C. 20581. Copies 
of the terms and conditions can be obtained through the Office of the 
Secretariat by mail at the above address or by phone at (202) 418-5100.
    Other materials submitted by Futurecom in support of the 
applications for contract market designation may be available upon 
request pursuant to the Freedom of Information Act (5 U.S.C. 552), 
except to the extent they are entitled to confidential treatment as set 
forth in (17 CFR Part 145.5 and 145.9. Requests for copies of such 
materials should be made to the FOI, Privacy and Sunshine Act 
Compliance Staff of the Office of the Secretariat at the Commission's 
headquarters in accordance with 17 CFR 145.7 and 145.8.
    Any person interested in submitting written data, views, or 
arguments on the proposal to designate Futurecom as contract market or 
with respect to terms and conditions of the proposed futures contract, 
the trading rules, the rules of government, or other materials 
submitted in support of the applications, should send such comments to 
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 21st Street NW, Washington, DC 20581 by the specified 
date.

    Issued in Washington, DC, on January 27, 1997.
Blake Imel,
Acting Director.
[FR Doc. 97-2406 Filed 1-30-97; 8:45 am]
BILLING CODE 6351-01-P