2016-13385
Federal Register, Volume 81 Issue 109 (Tuesday, June 7, 2016)
[Federal Register Volume 81, Number 109 (Tuesday, June 7, 2016)]
[Proposed Rules]
[Pages 36484-36485]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13385]
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COMMODITY FUTURES TRADING COMMISSION
17 CFR Parts 1, 38, 40, and 170
RIN 3038-AD52
Public Staff Roundtable on Elements of Regulation Automated
Trading; Reopening of Comment Period
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice of staff roundtable discussion; reopening of comment
period.
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SUMMARY: On June 10, 2016, staff of the Commodity Futures Trading
Commission (CFTC or Commission) will hold a public roundtable meeting,
at which invited participants will discuss specific elements of the
Commission's notice of proposed rulemaking (NPRM) regarding Regulation
Automated Trading (Regulation AT). The staff roundtable, which will be
held at the Commission's Washington, DC, office, will commence at 9:00
a.m. and end at 4:00 p.m. Additional information, including the agenda,
is available in the ``Press Room'' section of the Commission's Web site
at www.cftc.gov. In conjunction with the staff roundtable on June 10,
the Commission is reopening the comment period for specific elements of
Regulation AT. This additional comment period is intended to accept
public comments solely on the specific items in the agenda and that
arise during the staff roundtable.
DATES: The staff roundtable will take place on Friday, June 10, 2016,
commencing at 9:00 a.m. and ending at 4:00 p.m. The comment period will
be reopened as of June 10, 2016, and will close on June 24, 2016.
ADDRESSES: Roundtable: The staff roundtable will take place in the
Conference Center at the Commission's headquarters at Three Lafayette
Centre, 1155 21st Street NW., Washington, DC.
Comments: Members of the public may submit comment letters,
identified by RIN 3038-AD52, by any of the following methods:
CFTC Web site: http://comments.cftc.gov. Follow the
instructions for submitting comments through the Comments Online
process on the Web site.
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: Same as Mail, above.
Federal eRulemaking Portal: http://www.regulations.gov.
Follow the instructions for submitting comments.
FOR FURTHER INFORMATION CONTACT: Regarding the staff roundtable, please
contact the CFTC's Office of Public Affairs at (202) 418-5080.
Regarding the proposed rules in Regulation AT, please contact Sebastian
Pujol Schott, Associate Director, Division of Market Oversight (DMO),
[email protected] or 202-418-5641; Marilee Dahlman, Special Counsel, DMO,
[email protected] or 202-418-5264; Mark Schlegel, Special Counsel, DMO,
[email protected] or 202-418-5055; Andrew Ridenour, Special Counsel,
DMO, [email protected] or 202-418-5438; Joseph Otchin, Attorney
Advisor, DMO, [email protected] or 202-418-5623; Michael Penick,
Economist, Office of the Chief Economist (OCE), [email protected] or
202-418-5279; Richard Haynes, Supervisory Research Analyst, OCE,
[email protected] or 202-418-5063; Carlin Metzger, Trial Attorney,
Division of Enforcement, [email protected] or 312-596-0536; or John
Dunfee, Assistant General Counsel, Office of General Counsel,
[email protected] or 202-418-5396.
SUPPLEMENTARY INFORMATION:
I. Background
The Commission's NPRM for Regulation Automated Trading was
published in the Federal Register on December 17, 2015 (80 FR 78824).
The NPRM was open for a 90-day comment period, from December 17, 2015
through March 16, 2016. The comment file for Regulation AT is available
at: http://comments.cftc.gov/PublicComments/CommentList.aspx?id=1646.
II. Staff Roundtable Agenda
The staff roundtable \1\ on June 10, 2016 will address the
following items: (1) potential amendments to the proposed definition of
``Direct Electronic Access'' (DEA), consistent with and in furtherance
of Regulation AT's proposed registration regime; (2) potential
quantitative measures to establish the population of AT Persons; (3) a
potential alternative to Regulation AT's requirements for AT Persons in
proposed Sec. Sec. 1.80, 1.81, and 1.83(a), which alternative could
require that FCMs impose specific requirements on their customers and
perform due diligence regarding customers' compliance; (4) AT Persons'
compliance with Regulation AT's proposed requirements for Algorithmic
Trading and Algorithmic Trading systems when using third-party
algorithms or systems; and (5) source code access and retention.
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\1\ See ``CFTC Staff to Hold Roundtable on Certain Elements of
Regulation AT,'' (May 27, 2016), available at: http://www.cftc.gov/PressRoom/PressReleases/pr7377-16.
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The staff roundtable will be open to the public with seating on a
first-come, first-served basis, and will take place in the Conference
Center at the Commission's headquarters at Three Lafayette Centre, 1155
21st Street, NW., Washington, DC. Members of the public may also listen
by telephone. Call-in participants should be prepared to provide their
first name, last name, and affiliation. The information for the
conference call may be found on the CFTC's Web site at www.cftc.gov.
[[Page 36485]]
III. Reopening of Comment Period
In conjunction with the staff roundtable on June 10, the Commission
is also reopening the comment period for specific elements of
Regulation AT. The comment period will be reopened as of June 10, 2016,
and will close on June 24, 2016. The additional comment period is
intended for public comments solely on the specific items in the agenda
for the staff roundtable and that arise during the roundtable. Members
of the public may submit comment letters, identified by RIN 3038-AD52,
by any of the methods indicated in the ADDRESSES section of this
notice. Each section of a comment letter should indicate the roundtable
agenda item that such section addresses.
Please submit comments by only one method. All comments should be
submitted in English or accompanied by an English translation. Comments
will be posted as received to http://www.cftc.gov. You should submit
only information that you wish to make available publicly. If you wish
the Commission to consider information that may be 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 17 CFR 145.9. The Commission
reserves the right, but shall have no obligation, to review, prescreen,
filter, redact, refuse, or remove any or all of your submission from
http://www.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 FOIA.
Issued in Washington, DC, on June 2, 2016, by the Commission.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2016-13385 Filed 6-6-16; 8:45 am]
BILLING CODE 6351-01-P