Release: 4814-03
For Release: July 8, 2003

CFTC REQUESTS COMMENT ON PROPOSED RULE CHANGES RELATED TO CHICAGO MERCANTILE EXCHANGE/CHICAGO BOARD OF TRADE
COMMON CLEARING LINK

Washington, D.C. -- The U.S. Commodity Futures Trading Commission (CFTC) is considering for approval, pursuant to Section 5c(c) of the Commodity Exchange Act (CEA) and Commission rule 40.5, certain proposed rules filed by the Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBOT). The CME and the CBOT have indicated that these rules relate to the proposed Clearing Link between them. The rules that have been submitted for approval, as well as other rules related to the Clearing Link that the CBOT has certified as complying with the CEA and regulations thereunder pursuant to Commission regulations 40.4(b) and 40.6, are available here.

The Commission intends to vote on approving those rules for which approval has been requested on Tuesday, July 15, 2003. Comments may be sent by e-mail to secretary@cftc.gov no later than 12:00 Noon, EDT, on Monday, July 14, 2003. Reference should be made to CME/CBOT Common Clearing Link Rule Submission.

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