2024-14610
[Federal Register Volume 89, Number 129 (Friday, July 5, 2024)]
[Proposed Rules]
[Pages 55528-55529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-14610]
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COMMODITY FUTURES TRADING COMMISSION
17 CFR Part 40
RIN 3038-AF14
Event Contracts
AGENCY: Commodity Futures Trading Commission.
ACTION: Extension of comment period.
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SUMMARY: On May 10, 2024, the Commodity Futures Trading Commission
(``Commission'' or ``CFTC'') issued a notice of proposed rulemaking
(``NPRM'') titled Event Contracts. The comment period for the NPRM was
scheduled to close on July 9, 2024. The Commission is extending the
comment period for the NPRM by an additional thirty days.
DATES: The comment period for the NPRM titled Event Contracts is
extended through August 8, 2024.
ADDRESSES: You may submit comments, identified by ``Event Contracts,
RIN 3038-AF14,'' 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.
See 17 CFR 145.9.
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: Nora Flood, Chief Counsel, Division of
Market Oversight, Commodity Futures Trading Commission, (202) 418-6059,
[email protected], Three Lafayette Centre, 1151 21st Street NW,
Washington, DC 20581.
SUPPLEMENTARY INFORMATION: On May 10, 2024, the Commission approved
proposed amendments to its rules concerning event contracts in certain
excluded commodities.\1\ The proposed amendments would further specify
types of event contracts that fall within the scope of section
5c(c)(5)(C) of the Commodity Exchange Act (``CEA'') and are contrary to
the public interest, such that they may not be listed for trading or
accepted for clearing on or through a CFTC-registered entity. Among
other things, the proposed amendments would further specify the types
of event contracts that involve ``gaming.'' In addition, the proposed
amendments would further align the language of the Commission's event
contract rules with the statutory text of CEA section 5c(c)(5)(C), and
make certain technical changes to the rules in order to enhance clarity
and organization.
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\1\ See ``CFTC to Hold a Commission Open Meeting May 10,'' CFTC
Rel. No. 8906-24, available at https://www.cftc.gov/PressRoom/PressReleases/8906-24.
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The NPRM was published on the Commission's website on May 10, 2024,
and was made available for public comment through July 9, 2024, for a
total comment period of 60 days.\2\ The NPRM was subsequently published
in the Federal Register on June 10, 2024.\3\ The Commission is
extending the comment period by an additional thirty days, until August
8, 2024, in order to allow interested persons additional time to
analyze the proposal and prepare their comments.
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\2\ See ``CFTC Issues Proposal on Event Contracts,'' CFTC Rel.
No. 8907-24, available at https://www.cftc.gov/PressRoom/PressReleases/8907-24.
\3\ See Event Contracts, 89 FR 48968 (June 10, 2024).
Issued in Washington, DC, on June 27, 2024, by the Commission.
Christopher Kirkpatrick,
Secretary of the Commission.
Note: The following appendix will not appear in the Code of
Federal Regulations.
[[Page 55529]]
Appendix to Event Contracts (Extension of Comment Period)--Commission
Voting Summary
On this matter, Chairman Behnam and Commissioners Johnson,
Goldsmith Romero, Mersinger, and Pham voted in the affirmative. No
Commissioner voted in the negative.
[FR Doc. 2024-14610 Filed 7-3-24; 8:45 am]
BILLING CODE 6351-01-P