[April 25, 1997 (Volume 62, Number 80)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[Page 22599-22601]
Part XLVI
Commodity Futures Trading Commission
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COMMODITY FUTURES TRADING COMMISSION (CFTC)
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[[Page 22599]]
Semiannual Regulatory Agenda
[[Page 22600]]
COMMODITY FUTURES TRADING COMMISSION
17 CFR Ch. I
Regulatory Flexibility Agenda
AGENCY: Commodity Futures Trading Commission.
ACTION: Semiannual regulatory agenda.
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SUMMARY: The Commodity Futures Trading Commission, in accordance with
the requirements of the Regulatory Flexibility Act, is publishing a
semiannual agenda of significant rules which the Commission expects to
propose or promulgate over the next year. The Commission welcomes
comments from small entities and others on the agenda.
ADDRESSES: Comments should be sent to: Gerald P. Smith, Special
Assistant to the Executive Director, Commodity Futures Trading
Commission, 1155 21st Street NW., Washington, DC 20581, (202) 418-5160.
SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act, 5 U.S.C. 601
et seq. (RFA), sets forth a number of requirements for agency
rulemaking. Among other things, the RFA requires that:
(a) During the months of April and October of each year, each
agency shall publish in the Federal Register a regulatory
flexibility agenda which shall contain:
(1) A brief description of the subject area of any rule which
the agency expects to propose or promulgate which is likely to have
a significant economic impact on a substantial number of small
entities;
(2) A summary of the nature of any such rule under
consideration for each subject area listed in the agenda pursuant
to paragraph (1), the objectives and legal basis for the issuance
of the rule, and an approximate schedule for completing action on
any rule for which the agency has issued a general notice of
proposed rulemaking; and
(3) The name and telephone number of an agency official
knowledgeable concerning the items listed in paragraph (1). 5
U.S.C. 602(a). The Commission has prepared an agenda of significant
rules which it presently expects may be considered during the
course of the next year, irrespective of their potential impact on
small entities.<SUP>1
1 The Commission has published its definition of small entity to be
used by the Commission in connection with rulemaking proceedings. 47 FR
18618 (April 30, 1982). Pursuant to those definitions, the Commission
is not required to list many of the agenda items contained in this
regulatory flexibility agenda. See 5 U.S.C. 602(a)(1). Moreover, the
Commission has previously certified, pursuant to section 605 of the
RFA, 5 U.S.C. 605, that certain items contained in this agenda will not
have a significant economic impact on a substantial number of small
entities. Accordingly, listing of a rule in this regulatory flexibility
agenda should not in any event be taken as a determination that a rule,
when proposed or promulgated, will in fact require a regulatory
flexibility analysis. However, the Commission hopes that the
publication of an agenda, which includes significant rules, regardless
of their potential impact on small entities, may serve the public
generally by providing an early and meaningful opportunity to
participate in and comment on the formulation of new or revised
regulations.
The Commission's agenda represents its best estimate of
significant rules which will be considered over the next 12
months.<SUP>2 In this regard, section 602(d) of the RFA, 5 U.S.C.
602(d), provides: ``Nothing in [section 602] precludes an agency
from considering or acting on any matter not included in a
regulatory flexibility agenda or requires an agency to consider or
act on any matter listed in such agenda.''
<SUP>2 In addition to publishing the regulatory flexibility agenda, the
Commission also makes available to the public, on a monthly basis, a
calendar and, on a weekly basis, an advisory, which list rules that the
Commission is considering or will consider in the near future.
The Commission's April 1997 regulatory flexibility agenda is
set forth below.
Issued in Washington, DC, on March 11, 1997, by the Commission.
Jean A. Webb,
Secretary to the Commission.
Proposed Rule Stage
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Regulation
Sequence Title Identifier
Number Number
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3943 Procedures for Involuntary Bulk Transfers or Liquidations of Customer Accounts........ 3038-AA77
3944 Securities Representing Investment of Customer Funds.................................. 3038-AB22
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Final Rule Stage
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Regulation
Sequence Title Identifier
Number Number
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3945 Risk Assessment for Holding Company Systems........................................... 3038-AB01
3946 Prohibition on Voting by Interested Members........................................... 3038-AB03
3947 Account Identification for Orders Submitted on Behalf of Multiple Customer Accounts... 3038-AB08
3948 Use of Electronic Media by Commodity Pool Operators and Commodity Trading Advisors.... 3038-AB17
3949 Option Large Trader Report............................................................ 3038-AB19
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[[Page 22601]]
Completed Actions
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Regulation
Sequence Title Identifier
Number Number
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3950 Financial Reporting and Debt-Equity Ratio Requirements for Futures Commission
Merchants and Introducing Brokers..................................................... 3038-AB13
3951 Financial Reports of Futures Commission Merchants and Introducing Brokers............. 3038-AB18
3952 Contract Market Rules; Submission of Rules to the Commission; Exemption of Certain
Rules................................................................................. 3038-AB20
3953 Revised Procedures for Commission Review and Approval of Application for Contract
Market Designations and of Exchange Rules Relating to Contract Terms and Conditions... 3038-AB21
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