[Federal Register: November 14, 2008 (Volume 73, Number 221)]
[Proposed Rules]               
[Page 67435]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14no08-39]                         

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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 1 and 38

 
Execution of Transactions: Regulation 1.38 and Guidance on Core 
Principle 9

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

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SUMMARY: On September 18, 2008, the Commission published in the Federal 
Register a notice of proposed rulemaking to amend its rules, guidance 
and acceptable practices concerning trading off the centralized market, 
including the addition of guidance on contract market block trading 
rules and exchanges of futures for commodities or derivatives 
positions. Comments on the proposal originally were due on November 17, 
2008. The Commission is extending the comment period in order to give 
interested persons additional time to comment on the proposed 
amendments.

DATES: Comments must be received by January 5, 2009.

ADDRESSES: Comments may be submitted by any of the following methods:
     Federal eRulemaking Portal: http://www.regulations.gov.
     Mail/Hand Delivery: David Stawick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street, NW., Washington, DC 20581.
     E-mail: secretary@cftc.gov.

FOR FURTHER INFORMATION CONTACT: Gabrielle A. Sudik, Special Counsel, 
Division of Market Oversight; Telephone 202-418-5171; e-mail: 
gsudik@cftc.gov; Commodity Futures Trading Commission, Three Lafayette 
Center, 1155 21st Street, NW., Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On September 18, 2008, the Commission 
published in the Federal Register a notice of proposed rulemaking to 
amend its rules, guidance and acceptable practices concerning trading 
off the centralized market, including the addition of guidance on 
contract market block trading rules and exchanges of futures for 
commodities or derivatives positions.
    The comment period closes on November 17, 2008. By letter dated 
November 4, 2008, CME Group, Inc., requested an extension of the 
comment period until January 5, 2009. In order to encourage the 
submission of meaningful comments and to assure that all views are 
considered in its final determination, the Commission has determined to 
grant the request and to give full consideration to any comment 
received during the extension period. While the Commission has received 
some comment letters on the proposal, none yet have been from any 
designated contract markets, which have the responsibility of complying 
with Regulation 1.38 and Core Principle 9. Accordingly, the comment 
period for the Commission's proposed amendments to Regulation 1.38 and 
Part 38 is hereby extended to January 5, 2008.

    Issued in Washington, DC, on November 10, 2008, by the 
Commission.
Sauntia S. Warfield,
Staff Assistant.
[FR Doc. E8-27121 Filed 11-13-08; 8:45 am]

BILLING CODE 6351-01-P