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  • FR Doc E9-27160[Federal Register: November 12, 2009 (Volume 74, Number 217)]


    [Page 58258-58259]

    From the Federal Register Online via GPO Access []





    Notice of Intent To Undertake a Determination Whether the Mid-C

    Financial Peak Contract; Mid-C Financial Peak Daily Contract; Mid-C

    Financial Off-Peak Contract; and Mid-C Financial Off-Peak Daily

    Contract, Offered for Trading on the IntercontinentalExchange, Inc.,

    Perform a Significant Price Discovery Function

    AGENCY: Commodity Futures Trading Commission.

    ACTION: Reopening comment period.


    SUMMARY: The Commodity Futures Trading Commission (``Commission'') is

    reopening the comment period for interested parties to comment on the

    Commission's Notice of Intent to consider whether the Mid-C Financial

    Peak Contract, Mid-C Financial Peak Daily Contract, Mid-C Financial

    Off-Peak Contract, and Mid-C Financial Off-Peak Daily Contract offered

    for trading on the IntercontinentalExchange, Inc.

    [[Page 58259]]

    (``ICE'') perform a significant price discovery function.

    DATES: Written comments must be received by November 27, 2009.

    ADDRESSES: Interested persons should submit their views and comments to

    David Stawick, Secretary, Commodity Futures Trading Commission, Three

    Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. In

    addition, comments may be sent by facsimile transmission to (202) 418-

    5521, or by electronic mail to Include the subject

    contracts by name in the subject or reference line of the comment.

    FOR FURTHER INFORMATION CONTACT: Martin Murray, Assistant Associate

    Director for Product Review, Division of Market Oversight, Commodity

    Futures Trading Commission, Three Lafayette Centre, 1155 21st St., NW.,

    Washington, DC 20581. Telephone: (202) 418-5276. E-mail:; Susan Nathan, Senior Special Counsel, Division of

    Market Oversight, same address. Telephone: (202) 418-5122. E-mail:

    SUPPLEMENTARY INFORMATION: On October 6, 2009, the Commission published

    for public comment a notice of intent to undertake a determination,

    pursuant to section 2(h)(7) of the Commodity Exchange Act and

    Commission rule 36.3(c), whether the above-referenced contracts perform

    a significant price discovery function.\1\ The Commission established a

    15-day period for submitting public comment; the comment period closed

    on October 21, 2009. The notice of intent has generated substantial

    interest, and a number of commenters and potential commenters have

    informally requested that the Commission provide them additional time

    in which to submit their views. In response to these requests, and in

    order to ensure that an adequate opportunity is provided for submission

    of meaningful comments, the Commission has determined to reopen the

    comment period for an additional 15 days.


    \1\ 74 FR 51261.

    Issued in Washington, DC, on November 5, 2009 by the Commission.

    David A. Stawick,

    Secretary of the Commission.

    [FR Doc. E9-27160 Filed 11-10-09; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: November 12, 2009