[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 _______________________________________________________________________ COMMODITY FUTURES TRADING COMMISSION (CFTC) _______________________________________________________________________ [[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. _______________________________________________________________________ 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 ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identifier Number Number ---------------------------------------------------------------------------------------------------------------- 3943 Procedures for Involuntary Bulk Transfers or Liquidations of Customer Accounts........ 3038-AA77 3944 Securities Representing Investment of Customer Funds.................................. 3038-AB22 ---------------------------------------------------------------------------------------------------------------- Final Rule Stage ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identifier Number Number ---------------------------------------------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------------------------------------------- [[Page 22601]] Completed Actions ---------------------------------------------------------------------------------------------------------------- Regulation Sequence Title Identifier Number Number ---------------------------------------------------------------------------------------------------------------- 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 ---------------------------------------------------------------------------------------------------------------- _______________________________________________________________________
======== RETURN TO INDEX ========