[Federal Register: July 19, 2004 (Volume 69, Number 137)]
[Notices]
[Page 42971]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr19jy04-57]

=======================================================================
-----------------------------------------------------------------------

COMMODITY FUTURES TRADING COMMISSION


The Governance of Self-Regulatory Organizations

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

-----------------------------------------------------------------------

SUMMARY: At the request of the Futures Industry Association, the
Commodity Futures Trading Commission ("Commission") is extending the
time for interested parties to respond to the Commission's Request for
Comments on the Governance of Self-Regulatory Organizations, originally
published in the Federal Register on June 9, 2004.

DATES: Responses must be received by September 30, 2004.

ADDRESSES: Written responses should be sent to Jean A. Webb, Secretary,
Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st
Street, NW., Washington, DC 20581. Responses may also be submitted via
e-mail at secretary@cftc.gov. "SRO Governance" must be in the subject
field of responses submitted via e-mail, and clearly indicated in
written submissions. This document is also available for comment at
http://www.regulations.gov.

    Contacts: Stephen Braverman, Deputy Director, (202) 418-5487;
Rachel Berdansky, Special Counsel, (202) 418-5429; or Sebastian Pujol
Schott, Attorney-Advisor, (202) 418-5641. Division of Market Oversight,
Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st
Street, NW., Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On June 9, 2004, the Commission published in
the Federal Register a Request for Comments on the Governance of Self-
Regulatory Organizations. The Request for Comments advances the
Commission's ongoing review of self-regulation in the futures industry
("SRO Study") through a series of questions relevant to SRO
governance and self-regulation. The topics covered include board
composition, regulatory structures, forms of ownership, disciplinary
committees, and the transparency of SROs' operations.\1\ Industry
participants and interested parties were invited to respond by July 26,
2004, the close of the original comment period.
---------------------------------------------------------------------------

    \1\ 69 FR 32326 (June 9, 2004).
---------------------------------------------------------------------------

    By letter dated July 2, 2004, the Futures Industry Association
("FIA") asked that the original comment period be extended to
September 30, 2004. The FIA requested the extension in order to permit
commenters to thoroughly address the detailed questions raised in the
Request for Comments. It also observed that the Request for Comments
has repercussions for end users as well as exchange members and
intermediaries, and that an extension will provide all interested
parties time to consider the issues raised.

    In response to this request, and in order to ensure that an
adequate opportunity is provided for the submission of meaningful
comments, the Commission will extend the comment period on the Request
for Comments on the Governance of Self-Regulatory Organizations to
September 30, 2004.

    Issued in Washington, DC on July 13, 2004, by the Commission.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 04-16320 Filed 7-16-04; 8:45 am]
BILLING CODE 6351-01-M