[Federal Register Volume 65, Number 27 (Wednesday, February 9, 2000)]
[Notices]
[Page 6361]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-2916]


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COMMODITY FUTURES TRADING COMMISSION


Applications of the Chicago Mercantile Exchange for Designation 
as a Contract Market in Futures and Options on Five Year Agency Notes 
and Ten Year Agency Notes

AGENCY:  Commodity Futures Trading Commission.

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

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SUMMARY:  The Chicago Mercantile Exchange (CME or Exchange) has applied 
for designation as a contract market in futures and options on five 
year agency notes and ten year agency notes. The proposals were 
submitted under the Commission's 45-day Fast Tract procedures. 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 
purpose of the Commodity Exchange Act.

DATES:  Comments must be received on or before February 24, 2000.

ADDRESSES:  Interested persons should submit their views and comments 
to Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 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 made to the CME five and ten year agency notes 
futures and options contracts.

FOR FURTHER INFORMATION CONTACT:  Please contact Thomas Leahy of the 
Division of Economic Analysis, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st NW, Washington, DC 20581, telephone 
(202) 418-5278. Facsimile number: (202) 418-5527. Electronic mail: 
[email protected].

SUPPLEMENTARY INFORMATION:  The proposed designation applications were 
submitted pursuant to the Commission's Fast Track procedures for 
streamlining the review of futures contract rule amendments and new 
contract approvals (62 FR 10434). Under those procedures, the 
proposals, absent any contrary action by the Commission, may be deemed 
approved at the close of business on March 13, 2000, 45 days after 
receipt of the proposals. In view of the limited period under the Fast 
Track procedures, the Commission has determined to publish for public 
comment notice of the availability of the terms and conditions for 15 
days, rather than 30 days as provided for proposals submitted under the 
regular review procedures.
    Copies of the terms and conditions will be available for inspection 
at the Office of the Secretariat, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581. 
Copies of the proposed amendments can be obtained through the Office of 
the Secretariat by mail at the above address, by phone at (202) 418-
5100, or via the internet on the CFTC website at www.cftc.gov under 
``What's New & Pending''.
    Other materials submitted by the CME 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) and the Commission's 
regulations thereunder (17 CFR Part 145 (1997)), except to the extent 
they are entitled to confidential treatment as set forth in 17 CFR 
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 
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 proposed amendments, or with respect to other 
materials submitted by the CME, should send such comments to Jean A. 
Webb, Secretary, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW, Washington, DC 20581 by the specified 
date.

    Issued in Washington, DC, on February 3, 2000.
Richard Shilts,
Acting Director.
[FR Doc. 00-2916 Filed 2-8-00; 8:45 am]
BILLING CODE 6351-01-M