Federal Register: April 25, 1997 Applications of the Chicago Board of Trade for Designation as a

[Federal Register: April 25, 1997 (Volume 62, Number 80)]
[Notices]
[Page 20155-20156]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25ap97-32]

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COMMODITY FUTURES TRADING COMMISSION


Applications of the Chicago Board of Trade for Designation as a
Contract Market in Futures and Options on Medium Term Inflation Index
U.S. Treasury Notes and Inflation Index U.S. Treasury Bonds

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of availability of the terms and conditions of proposed
commodity futures and option contracts.

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SUMMARY: The Chicago Board of Trade (CBT or Exchange) has applied for
designation as a contract market in futures and options on medium term
inflation index U.S. Treasury notes and inflation index U.S. Treasury
bonds. The Acting Director of the Division of Economic Analysis
(Division) of the Commission, acting pursuant to the authority
delegated by Commission Regulation 140.96, has determined that
publication of the proposals for comment is in the public interest,
will assist the Commission in considering the views of interested
persons, and is consistent with the purpose of the Commodity Exchange
Act.

DATES: Comments must be received on or before May 12, 1997.

ADDRESSES: Interested persons should submit their views and comments to
Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three
Lafayette Centre, 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]. Reference
should be made to the CBT futures and options on medium term inflation
index U.S.

[[Page 20156]]

Treasury notes and inflation index U.S. Treasury bonds.

FOR FURTHER INFORMATION CONTACT: Please contact Stephen Sherrod of the
Division of Economic Analysis, Commodity Futures Trading Commission,
Three Lafayette Centre, 21st Street NW, Washington, DC 20581, telephone
(202) 418-5277. Facsimile number: (202) 418-5527. Electronic mail:
[email protected]

SUPPLEMENTARY INFORMATION: The contracts were submitted pursuant to the
Commission's new Fast Track procedures for streamlining the review of
applications for contract market designation (62 FR 10434). Under those
procedures, the contracts, absent any contrary action by the
Commission, may be deemed approved on June 2, 1997, 45 days after
receipt of the applications. In view of the limited review period
provided under the Fast Track procedures, the Commission has determined
to publish for public comment notice of the availability of the terms
and conditions for 15 days, rather than 30 days as provided for
applications submitted under the regular review procedures.
    Copies of the terms and conditions will be available for inspection
at the Office of the Secretariat, Commodity Futures Trading Commission,
Three Lafayette Centre, 21st Street NW, Washington, DC 20581. Copies of
the terms and conditions can be obtained through the Office of the
Secretariat by mail at the above address, by phone at (202) 418-5100,
or via the internet on the CFTC website at www.cftc.gov under ``What's
Pending''.
    Other materials submitted by the CBT in support of the applications
for contract market designation may be available upon request pursuant
to the Freedom of Information Act (5 U.S.C. 552) and the Commission's
regulations thereunder (17 CFR part 145 (1987)), except to the extent
they are entitled to confidential treatment as set forth in 17 CFR
145.5 and 145.9.
    Requests for copies of such materials should be made to the FOI,
Privacy and Sunshine Act Compliance Staff of the Office of Secretariat
at the Commission's headquarters in accordance with 17 CFR 145.7 and
145.8.
    Any person interested in submitting written data, views, or
arguments on the proposed terms and conditions, or with respect to
other materials submitted by the CBT, should send such comments to Jean
A. Webb, Secretary, Commodity Futures Trading Commission, Three
Lafayette Centre, 21st Street NW, Washington, DC 20581 by the specified
date.

    Issued in Washington, DC, on April 21, 1997.
John Mielke,
Acting Director.
[FR Doc. 97-10710 Filed 4-24-97; 8:45 am]
BILLING CODE 6351-01-P
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