17 CFR Part 30 Concept Release Concerning Placement of Foreign Board of Trade Computer Terminals in the United States

[Federal Register: September 24, 1998 (Volume 63, Number 185)]
[Proposed Rules]
[Page 51051-51052]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24se98-22]

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COMMODITY FUTURES TRADING COMMISSION

17 CFR Part 30


Concept Release Concerning Placement of Foreign Board of Trade
Computer Terminals in the United States

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of Comment period.

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SUMMARY: The Commodity Futures Trading Commission (Commission)
published a concept release concerning the placement of foreign board
of trade computer terminals in the United States on July 24, 1998 (63
FR 39779). Comments on the concept release were originally due on
September 22, 1998. By letter dated September 16, 1998, Mr. Leo
Melamed, Chairman Emeritus and Senior Policy Advisory of the Chicago
Mercantile Exchange and Chairman of the Global Markets Advisory
Committee Subgroup on Cross-Border Regulation of Electronic Trading,
requested that the Commission extend the comment period for an
additional two weeks. In addition, by letter dated September 17, 1998,
Mr. Christopher K. Bowen, Senior Vice President and General counsel, on
behalf of the New York Mercantile Exchange ("NYMEX"), requested that
the Commission extend the comment period on the concept release for an
additional fifteen days The Commission has determined to grant Mr.
Melamed's and NYMEX's requests and the extended deadline for comments
on the concept release is October 7, 1998.

DATES: Comments must be received on or before October 7, 1998.

ADDRESSES: Any person interested in submitting comments on the concept
release should submit them by the specified date to Jean A. Webb,
Secretary, Commodity Futures Trading Commission, Three Lafayette
Center, 1155 21st Street, NW., Washington, DC 20581. In addition,
comments may be sent by facsimile transmission to facsimile number
(202) 418-5521, or by electronic mail to [email protected].

FOR FURTHER INFORMATION CONTACT: David M. Battan, Chief Counsel,
Division of Trading and Markets, Commodity Futures Trading Commission,
Three Lafayette Centre, 1155 21st Street, NW, Washington, DC 20581.
Telephone (202) 418-5450.


[[Page 51052]]


    Issued in Washington, DC on September 18, 1998 by the Commodity
Futures Trading Commission.
Jean Webb,
Secretary of the Commission.
[FR Doc. 98-25619 Filed 9-23-98; 8:45 am]
BILLING CODE 6351-01-M
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