[Federal Register Volume 74, Number 217 (Thursday, November 12, 2009)]
[Notices]
[Page 58259]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-27162]


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COMMODITY FUTURES TRADING COMMISSION


Notice of Intent To Undertake a Determination Whether Various SP-
15 Financial Day-Ahead Contracts Offered for Trading on the 
IntercontinentalExchange, Inc. Perform a Significant Price Discovery 
Function

AGENCY: Commodity Futures Trading Commission.

ACTION: Reopening comment period.

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SUMMARY: The Commodity Futures Trading Commission (``Commission'') is 
reopening the comment period for interest persons to comment on the 
Commission's October 6, 2009 Notice of Intent to consider whether the 
following contracts offered for trading on the 
IntercontinentalExchange, Inc. perform a significant price discovery 
function: SP-15 Financial Day-Ahead LMP Peak Contract; SP-15 Financial 
Day-Ahead LMP Peak Daily Contract; SP-15 Financial Day-Ahead LMP Off-
Peak Daily Contract; SP-15 Financial Swap Real Time LMP--Peak Daily 
Contract; SP-15 Financial Day-Ahead LMP Off-Peak Contract; NP-15 
Financial Day-Ahead LMP Peak Daily Contract; and NP-15 Financial Day-
Ahead LMP Off-Peak Daily Contract.

DATES: Written comments must be received by November 27, 2009.

ADDRESSES: Interested persons should submit their views and comments to 
David Stawick, 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 (202) 418-
5521, or by electronic mail to [email protected]. Include the subject 
contracts by name in the subject or reference line of the comment.

FOR FURTHER INFORMATION CONTACT: Martin Murray, Assistant Associate 
Director for Product Review, Division of Market Oversight, Commodity 
Futures Trading Commission, Three Lafayette Centre, Washington, DC 
20581. Telephone: (202) 418-5276. E-mail: [email protected]. Susan 
Nathan, Senior Special Counsel, Division of Market Oversight, same 
address. Telephone: (202) 418-5133. E-mail: [email protected].

SUPPLEMENTARY INFORMATION: On October 6, 2009, the Commission published 
for comment a notice of intent to undertake a determination, pursuant 
to section 2(h)(7) of the Commodity Exchange Act and Commission rule 
36.3(c), whether the above-referenced contracts perform a significant 
price discovery function.\1\ The Commission established a 15-day period 
for submitting public comment; the comment period closed on October 21, 
2009. The notice of intent has generated substantial interest, and a 
number of commenters and potential commenters have informally requested 
that the Commission provide additional time in which to submit their 
views. In response to these requests, and in order to ensure that an 
adequate opportunity is provided for submission of meaningful comments, 
the Commission has determined to reopen the comment period for an 
additional 15 days.
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    \1\ 74 FR 51264.

    Issued in Washington, DC, on November 5, 2009 by the Commission.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E9-27162 Filed 11-10-09; 8:45 am]
BILLING CODE 6351-01-P