[Federal Register Volume 71, Number 135 (Friday, July 14, 2006)]
[Notices]
[Pages 40081-40082]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-11120]


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COMMODITY FUTURES TRADING COMMISSION


Boards of Trade Located Outside of the United States and the 
Requirement To Become a Designated Contract Market or Derivatives 
Transaction Execution Facility

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

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SUMMARY: The Commodity Futures Trading Commission (Commission) 
published on June 13, 2006, a request

[[Page 40082]]

for comment \1\ in advance of a public hearing scheduled for June 27, 
2006.\2\ The purpose of the request for comment and the hearing was to 
solicit the views of the public on how to identify and address certain 
issues with respect to boards of trade established in foreign countries 
and located outside the U.S. (foreign board of trade or FBOT). 
Specifically, the Commission announced that it wished to address the 
point at which an FBOT that makes its products available for trading in 
the U.S. by permitting direct access to its electronic trading system 
from the U.S. (direct access) is no longer ``located outside the U.S.'' 
for purposes of Section 4(a) of the Commodity Exchange Act (Act). 
Comments on the subject were originally due on July 12, 2006.
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    \1\ 71 FR 34070 (June 13, 2006).
    \2\ See Sunshine Act Meeting Notice, 71 FR 30665 (May 30, 2006); 
corrected as 71 FR 32059 (June 2, 2006).
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    Subsequent to the public hearing, interested parties have requested 
that the comment period be extended, either because of the complexity 
of the issues set forth in the request for comment or in order to 
address and/or respond to issues raised during the course of the 
hearing. The Commission recognizes the complexity of the issues and the 
diversity of interests in this matter and is, accordingly, extending 
the comment period to August 1, 2006. Potential commenters who intend 
to address comments made during the course of the public hearing should 
note that the transcript of the hearing has been posted on the 
Commission's Web site, www.cftc.gov, in Comment File Number: 06-002.

DATES: Comments must be received on or before August 1, 2006.

ADDRESSES: Comments should be sent to the Commodity Futures Trading 
Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, 
DC 20581, attention: Office of the Secretariat. Comments may be sent by 
facsimile transmission to 202-418-5521 or, by e-mail to 
[email protected]. Reference should be made to ``What Constitutes a 
Board of Trade Located Outside of the United States.'' Comments may 
also be submitted to the Federal eRulemaking Portal: http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: David P. Van Wagner, Chief Counsel, 
(202) 418-5481, e-mail [email protected]; or Duane C. Andresen, 
Special Counsel, (202) 418-5492, e-mail [email protected]; Division of 
Market Oversight, Commodity Futures Trading Commission, Three Lafayette 
Center, 1155 21st Street, NW., Washington, DC 20581.

    Issued in Washington, DC on July 10, 2006 by the Commission.
Eileen A. Donovan,
Acting Secretary of the Commission.
 [FR Doc. E6-11120 Filed 7-13-06; 8:45 am]
BILLING CODE 6351-01-P