[Federal Register Volume 84, Number 181 (Wednesday, September 18, 2019)]
[Proposed Rules]
[Pages 49072-49073]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-20188]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 39 and 140

RIN 3038-AE87


Registration With Alternative Compliance for Non-U.S. Derivatives 
Clearing Organizations

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

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SUMMARY: On July 19, 2019, the Commodity Futures Trading Commission 
(Commission) published in the Federal Register a notice of proposed 
rulemaking (NPRM) titled Registration With Alternative Compliance for 
Non-U.S. Derivatives Clearing Organizations. The comment period for the 
NPRM closes on September 17, 2019. The Commission is extending the 
comment period for this NPRM by an additional 60 days.

DATES: The comment period for the NPRM titled Registration With 
Alternative Compliance for Non-U.S. Derivatives Clearing Organizations 
is extended through November 18, 2019.

ADDRESSES: You may submit comments, identified by ``Registration With 
Alternative Compliance for Non-U.S. Derivatives Clearing 
Organizations'' and RIN number 3038-AE87, by any of the following 
methods:
     CFTC Comments Portal: https://comments.cftc.gov. Select 
the ``Submit Comments'' link for this rulemaking and follow the 
instructions on the Public Comment Form.
     Mail: Send to Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW, Washington, DC 20581.
     Hand Delivery/Courier: Follow the same instructions as for 
Mail, above.
    Please submit your comments using only one of these methods. To 
avoid possible delays with mail or in-person deliveries, submissions 
through the CFTC Comments Portal are encouraged.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
https://comments.cftc.gov. You should submit only information that you 
wish to make available publicly. If you wish the Commission to consider 
information that you believe is exempt from disclosure under the 
Freedom of Information Act (FOIA), a petition for confidential 
treatment of the exempt information may be submitted according to the 
procedures established in Sec.  145.9 of the Commission's 
regulations.\1\
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    \1\ 17 CFR 145.9.
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    The Commission reserves the right, but shall have no obligation, to 
review, pre-screen, filter, redact, refuse or remove any or all of your 
submission from https://comments.cftc.gov that it may deem to be 
inappropriate for publication, such as obscene language. All 
submissions that have been redacted or removed that contain comments on 
the merits of the rulemaking will be retained in the public comment 
file and will be considered as required under the Administrative 
Procedure Act and other applicable laws, and may be accessible under 
the FOIA.

FOR FURTHER INFORMATION CONTACT: Eileen A. Donovan, Deputy Director, 
202-418-5096, [email protected]; Parisa Abadi, Associate Director, 202-
418-6620, [email protected]; Eileen R. Chotiner, Senior Compliance 
Analyst, 202-418-5467, [email protected]; Brian Baum, Special Counsel, 
202-418-5654, [email protected]; August A. Imholtz III, Special Counsel, 
202-418-5140, [email protected]; Abigail S. Knauff, Special Counsel, 
202-418-5123, [email protected]; Division of Clearing and Risk, 
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st 
Street NW, Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On July 19, 2019, the Commission published 
in the Federal Register an NPRM proposing amendments to its regulations 
that would permit derivatives clearing organizations (DCOs) organized 
outside of the United States that do not pose substantial risk to the 
U.S. financial system to register with the Commission yet comply with 
the core principles applicable to DCOs set forth in the Commodity 
Exchange Act through compliance with their home country regulatory 
regime, subject to certain conditions and limitations.\2\ The 
Commission also proposed certain related amendments to the delegation 
provisions in its regulations. The comment period for the NPRM closes 
on September 17, 2019. As requested by commenters, the Commission is 
extending the comment period for this NPRM by an additional 60 days.\3\ 
This extension of the comment period will allow interested persons 
additional time to analyze the proposal and prepare their comments.
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    \2\ Registration With Alternative Compliance for Non-U.S. 
Derivatives Clearing Organizations, 84 FR 34819 (July 19, 2019).
    \3\ See Comment Letter from the Futures Industry Association, 
the Securities Industry and Financial Markets Association, the 
Intercontinental Exchange, Inc., and the Managed Funds Association 
(August 30, 2019), available at https://comments.cftc.gov/PublicComments/ViewComment.aspx?id=62171&SearchText=.

    Issued in Washington, DC, on September 13, 2019, by the 
Commission.
Robert Sidman,
Deputy Secretary of the Commission.

    Note: The following appendix will not appear in the Code of 
Federal Regulations.


[[Page 49073]]



Appendix to Registration With Alternative Compliance for Non-U.S. 
Derivatives Clearing Organizations--Commission Voting Summary

    On this matter, Chairman Tarbert and Commissioners Quintenz, 
Behnam, and Berkovitz voted in the affirmative. No Commissioner 
voted in the negative. Commissioner Stump was recused from 
consideration of this matter.

[FR Doc. 2019-20188 Filed 9-17-19; 8:45 am]
 BILLING CODE 6351-01-P