[Federal Register Volume 81, Number 56 (Wednesday, March 23, 2016)]
[Notices]
[Pages 15607-15608]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-06641]


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DEPARTMENT OF THE TREASURY

[Docket No: TREAS-DO-2015-0013]


Notice Seeking Public Comment on the Evolution of the Treasury 
Market Structure

AGENCY: Office of the Under Secretary for Domestic Finance, Department 
of the Treasury.

ACTION: Request for information; extension of comment period.

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SUMMARY: On January 22, 2016, the Department of the Treasury (Treasury) 
published in the Federal Register a request for information (RFI) on 
the Evolution of the Treasury Market Structure. The RFI seeks comments 
on structural changes in the U.S. Treasury market and their 
implications for market functioning; trading and risk management 
practices across the U.S. Treasury market; considerations with respect 
to more comprehensive official sector access to Treasury market data; 
and benefits and risks of increased public disclosure of Treasury 
market activity. Treasury is extending the comment period until April 
22, 2016 to provide additional opportunity to comment.

DATES: The comment period for the notice published on January 22, 2016, 
(81 FR 3928) is extended. Comments must be received no later than April 
22, 2016.

ADDRESSES: Comments may be submitted through the Federal eRulemaking 
Portal (www.regulations.gov). Please follow the instructions for 
submitting comments through the Web site. You may download this 
proposed rule from www.regulations.gov or www.treasurydirect.gov. 
Please submit your comments, along with your full name and mailing 
address. We will not accept comments by fax or email. All comments will 
be posted to www.regulations.gov and on the TreasuryDirect Web site at 
www.treasurydirect.gov.

[[Page 15608]]

    Additional Instructions: In general, comments received, including 
attachments and other supporting materials, are part of the public 
record and are available to the public. Do not include any information 
in your comment or supporting materials that you consider confidential 
or inappropriate for public disclosure.

FOR FURTHER INFORMATION CONTACT: For general inquiries, submission 
process questions or any additional information, please email 
TreasuryMarket [email protected] or call (202) 622-2396. If you use a 
telecommunications device for the deaf (TDD) or a text telephone (TTY), 
call the Federal Relay Service (FRS), toll free, at 1-800-877-8339. All 
responses to this Notice and Request for Information should be 
submitted via www.regulations.gov to ensure consideration.

SUPPLEMENTARY INFORMATION: On January 22, 2016, Treasury published in 
the Federal Register a request for information on the Evolution of the 
Treasury Market Structure.\1\ The RFI seeks public comment on several 
specific questions that will inform the ongoing work related to the 
next steps identified in the Joint Staff Report: The U.S. Treasury 
Market on October 15, 2014. The RFI is intended, in part, to seek 
information and viewpoints from a diverse group of stakeholders, 
including the general public, buy and sell-side market participants, 
academics, and industry groups regarding these and other structural 
changes in the Treasury market, and their implications for the depth, 
liquidity, and functioning of the market. The RFI is also intended to 
develop a holistic view of trading and risk management practices across 
U.S. Treasury futures and cash markets--including the various trading 
venues and modes of execution present in the cash market--and it seeks 
input on potential improvements in Treasury market policies, practices, 
and conduct.
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    \1\ 81 FR 3928 (January 22, 2016), https://www.federalregister.gov/articles/2016/01/22/2016-01246/evolution-of-the-treasury-market-structure-request-for-comments.
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    Given the market evolution, access to timely and comprehensive data 
across related markets is increasingly important to fully assess new 
developments, and analyze market events. Accordingly, we are interested 
in the most efficient and effective ways for the official sector to 
obtain additional market data and in ways to more effectively monitor 
diverse but related markets. Finally, we are interested in the 
potential benefits and costs of additional transparency with respect to 
Treasury market trading activity and trading venue policies and 
practices.

James G. Clark,
Deputy Assistant Secretary for Federal Finance.
[FR Doc. 2016-06641 Filed 3-22-16; 8:45 am]
 BILLING CODE 4810-AS-P