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  • FR Doc E9-20356[Federal Register: August 25, 2009 (Volume 74, Number 163)]


    [Page 42948-42949]

    From the Federal Register Online via GPO Access []






    [Release No. 34-60539; File No. 4-588]

    Joint Meetings on Harmonization of Regulation

    AGENCIES: Securities and Exchange Commission (``SEC'') and Commodity

    Futures Trading Commission (``CFTC'') (each, an ``Agency,''

    collectively, the ``Agencies'').

    ACTION: Notice of joint meetings; request for comment.


    SUMMARY: On June 17, 2009, the Department of the Treasury released a

    White Paper on Financial Regulatory Reform (``White Paper'') calling on

    the SEC and the CFTC to ``make recommendations to Congress for changes

    to statutes and regulations that would harmonize regulation of futures

    and securities.'' Specifically, the White Paper recommended ``that the

    CFTC and the SEC complete a report to Congress by September 30, 2009

    that identifies all existing conflicts in statutes and regulations with

    respect to similar types of financial instruments and either explains

    why those differences are essential to achieve underlying policy

    objectives with respect to investor protection, market integrity, and

    price transparency or makes recommendations for changes to statutes and

    regulations that would eliminate the differences.''

    On September 2, 2009, from 9 a.m. until 5 p.m., and September 3,

    2009, from 9 a.m. until 12:30 p.m., the SEC and the CFTC will hold

    joint meetings to discuss assessments of the current regulatory scheme,

    harmonization of the agencies' rules, and recommendations for changes

    to statutes and regulations.

    The meetings will consist of five panels. Topics to be discussed

    will include the regulation of exchanges and markets; the regulation of

    intermediaries; the regulation of clearance and settlement;

    enforcement; and the regulation of investment funds.

    On September 2, 2009, a meeting will be held in Lobby Level Hearing

    Room (Room 1000) at the CFTC's headquarters at Three Lafayette Centre,

    1155 21st Street, NW., Washington, DC 20581. On September 3, 2009, a

    meeting will be held in the auditorium at the SEC's headquarters at 100

    F Street, NE., Washington, DC 20549. The meetings will be open to the

    public with seating on a first-come, first-served basis. The meetings

    also will be available via Web cast on the SEC's Web site at http:// and at the CFTC's Web site at A

    transcript of the meetings will be made and entered into the Agencies'

    public comment files, which will remain open for the receipt of written

    comments until September 14, 2009. The SEC and the CFTC welcome

    feedback regarding any of the topics to be addressed at the meetings.

    DATES: Comments should be received on or before September 14, 2009.

    Because the Agencies will jointly review all comments submitted,

    interested parties may send comments to either Agency and need not

    submit responses to both Agencies. Respondents are encouraged to use

    the title ``Harmonization of Regulation'' to facilitate the

    organization and distribution of comments between the Agencies.

    Interested parties are invited to submit responses to:

    Securities and Exchange Commission: Comments may be submitted by

    any of the following methods:

    Electronic Comments

    Use the SEC's Internet comment form (

    rules/other.shtml); or

    Send an e-mail to Please include

    File Number 4-588 on the subject line.

    Paper Comments

    Send paper comments in triplicate to Elizabeth M. Murphy,

    Secretary, Securities and Exchange Commission, 100 F Street, NE.,

    Washington, DC 20549-1090.

    All submissions should refer to File Number 4-588. This file number

    should be included on the subject line if e-mail is used. To help us

    process and review your comments more efficiently, please use only one

    method. The SEC staff will post all comments on the SEC's Internet Web

    site ( Comments also will be

    available for inspection and copying in the SEC's Public Reference

    Room, 100 F Street, NE., Washington, DC 20549, on official business

    days between the hours of 10 a.m. and 3 p.m. All comments received will

    be posted without change; we do not edit personal identifying

    information from submissions. You

    [[Page 42949]]

    should submit only information that you wish to make available


    Commodity Futures Trading Commission

    Written comments may be mailed to the Commodity Futures

    Trading Commission, Three Lafayette Center, 1155 21st Street, NW.,

    Washington, DC 20581, attention Office of the Secretariat; transmitted

    by facsimile to the CFTC at (202) 418-5521; or transmitted

    electronically to Reference should be made to

    ``Harmonization of Regulation.''

    FOR FURTHER INFORMATION CONTACT: Sara Gillis Hawkins, Special Counsel,

    at (202) 551-5523, or Leigh W. Duffy, Attorney-Adviser, at (202) 551-

    5928, Division of Trading and Markets, Securities and Exchange

    Commission, 100 F Street, NE., Washington, DC 20549; or Sauntia

    Warfield, (202) 418-5084, at the CFTC.

    By the Securities and Exchange Commission.

    Dated: August 19, 2009.

    Florence E. Harmon,

    Deputy Secretary.

    By the Commodity Futures Trading Commission.

    Dated: August 19, 2009.

    David A. Stawick,


    [FR Doc. E9-20356 Filed 8-24-09; 8:45 am]

    BILLING CODE 8010-01-P

    Last Updated: August 25, 2009