[Federal Register Volume 79, Number 245 (Monday, December 22, 2014)]
[Proposed Rules]
[Pages 76804-76807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28985]



[[Page 76803]]

Vol. 79

Monday,

No. 245

December 22, 2014

Part XX





Commodity Futures Trading Commission





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Semiannual Regulatory Agenda

  Federal Register / Vol. 79 , No. 245 / Monday, December 22, 2014 / 
Unified Agenda  

[[Page 76804]]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Ch. I


Regulatory Flexibility Agenda

AGENCY: Commodity Futures Trading Commission.

ACTION: Semiannual regulatory agenda.

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SUMMARY: The Commodity Futures Trading Commission, in accordance with 
the requirements of the Regulatory Flexibility Act, is publishing a 
semiannual agenda of significant rules that the Commission expects to 
propose or promulgate over the next year. The Commission welcomes 
comments from small entities and others on the agenda.

FOR FURTHER INFORMATION CONTACT: Willie Charley, Assistant Secretary of 
the Commission, (202) 418-5461, [email protected], or Christopher J. 
Kirkpatrick, Secretary of the Commission, Commodity Futures Trading 
Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, 
DC 20581, (202) 418-5964, [email protected].

SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act, 5 U.S.C. 
601, et seq. (RFA), sets forth a number of requirements for agency 
rulemaking. Among other things, the RFA requires that:
    Semiannually, each agency shall publish in the Federal Register a 
regulatory flexibility agenda that shall contain:
    (1) A brief description of the subject area of any rule that the 
agency expects to propose or promulgate, which is likely to have a 
significant economic impact on a substantial number of small entities;
    (2) A summary of the nature of any such rule under consideration 
for each subject area listed in the agenda pursuant to paragraph (1), 
the objectives and legal basis for the issuance of the rule, and an 
approximate schedule for completing action on any rule for which the 
agency has issued a general notice of proposed rulemaking; and
    (3) The name and telephone number of an agency official 
knowledgeable about the items listed in paragraph (1). 5 U.S.C. 602(a).
    The Commission has prepared an agenda of significant rules that it 
presently expects may be considered during the course of the next year. 
These rules may have some impact on small entities.\1\ In this regard, 
section 602(d) of the RFA, 5 U.S.C. 602(d) provides: ``Nothing in 
[section 602] precludes an agency from considering or acting on any 
matter not included in a regulatory flexibility agenda or requires an 
agency to consider or act on any matter listed in such agenda.''
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    \1\ The Commission published its definition of a ``small 
entity'' for purposes of rulemaking proceedings at 47 FR 18618 
(April 30, 1982). Pursuant to that definition, the Commission is not 
required to--but nonetheless does--list many of the agenda items 
contained in this regulatory flexibility agenda. See also 5 U.S.C. 
602(a)(1). Moreover, for certain items listed in this agenda, the 
Commission has previously certified, under section 605 of the RFA, 5 
U.S.C. 605, that those items will not have a significant economic 
impact on a substantial number of small entities. For these reasons, 
the listing of a rule in this regulatory flexibility agenda should 
not be taken as a determination that the rule, when proposed or 
promulgated, will in fact require a regulatory flexibility analysis. 
Rather, the Commission has chosen to publish an agenda that includes 
significant rules, regardless of their potential impact on small 
entities, to provide the public with broader notice of new or 
revised regulations the Commission may consider and to enhance the 
public's opportunity to participate in the rulemaking process.
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    The Commission's Fall 2014 regulatory flexibility agenda is set 
forth below.

    Issued in Washington, DC, on October 21, 2014, by the 
Commission.
 Christopher J. Kirkpatrick,
Secretary of the Commission.

[[Page 76805]]



         Commodity Futures Trading Commission--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                   Title              Identifier No.
------------------------------------------------------------------------
444.......................  Exclusion of Utility              3038-AE19
                             Operations_Related Swaps
                             With Utility Special
                             Entities From De Minimis
                             Threshold for Swaps With
                             Special Entities.
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COMMODITY FUTURES TRADING COMMISSION (CFTC)

Completed Actions

444. Exclusion of Utility Operations--Related Swaps With Utility 
Special Entities From de Minimis Threshold for Swaps With Special 
Entities

    Legal Authority: 7 U.S.C. 1a et seq.
    Abstract: The Commodity Futures Trading Commission amended its 
regulations to permit a person to exclude utility operations-related 
swaps with utility special entities in calculating the aggregate gross 
national amount of the person's swap positions solely for purposes of 
the de minimis exception applicable to swaps with special entities.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   06/02/14  79 FR 31238
NPRM Comment Period End.............   07/02/14
Final Action........................   09/26/14  79 FR 57767
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    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Erik Remmler, Deputy Director, Division of Swap 
Dealer and Intermediary Oversight, Commodity Futures Trading 
Commission, Three Lafayette Center, 1155 21st Street NW., Washington, 
DC 20581, Phone: 202 418-7630, Email: [email protected].
    Israel Goodman, Special Counsel, Division of Swap Dealer and 
Intermediary Oversight, Commodity Futures Trading Commission, Three 
Lafayette Center, 1155 21st Street NW., Washington, DC 20581, Phone: 
202 418-6715, Email: [email protected].
    RIN: 3038-AE19

[FR Doc. 2014-28985 Filed 12-19-14; 8:45 am]
BILLING CODE 6351-01-P