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  • FR Doc E9-27162[Federal Register: November 12, 2009 (Volume 74, Number 217)]


    [Page 58259]

    From the Federal Register Online via GPO Access []




    Notice of Intent To Undertake a Determination Whether Various SP-

    15 Financial Day-Ahead Contracts Offered for Trading on the

    IntercontinentalExchange, Inc. Perform a Significant Price Discovery


    AGENCY: Commodity Futures Trading Commission.

    ACTION: Reopening comment period.


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

    reopening the comment period for interest persons to comment on the

    Commission's October 6, 2009 Notice of Intent to consider whether the

    following contracts offered for trading on the

    IntercontinentalExchange, Inc. perform a significant price discovery

    function: SP-15 Financial Day-Ahead LMP Peak Contract; SP-15 Financial

    Day-Ahead LMP Peak Daily Contract; SP-15 Financial Day-Ahead LMP Off-

    Peak Daily Contract; SP-15 Financial Swap Real Time LMP--Peak Daily

    Contract; SP-15 Financial Day-Ahead LMP Off-Peak Contract; NP-15

    Financial Day-Ahead LMP Peak Daily Contract; and NP-15 Financial Day-

    Ahead LMP Off-Peak Daily Contract.

    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, Washington, DC

    20581. Telephone: (202) 418-5276. E-mail: Susan

    Nathan, Senior Special Counsel, Division of Market Oversight, same

    address. Telephone: (202) 418-5133. E-mail:

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

    for 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 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 51264.

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

    David A. Stawick,

    Secretary of the Commission.

    [FR Doc. E9-27162 Filed 11-10-09; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: November 12, 2009

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