[Federal Register: October 30, 1997 (Volume 62, Number 210)]
[Page 58708]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



Financial Products Advisory Committee; November 13, 1997; 1:00
p.m.-4:00 p.m.

    This is to give notice, pursuant to section 10(a) of the Federal
Advisory Committee Act, 5 U.S.C. App. 2, section 10(a) and 41 CFR 101-
6.1015(b), that the Commodity Futures Trading Commission's Financial
Products Advisory Committee will conduct a public meeting in the Ground
Level Hearing Room at the Commission's Washington, DC headquarters
located at 1155 21st Street, NW., Washington, DC 20581, on November 13,
1997, beginning at 1:00 p.m. and lasting until 4:00 p.m.
    The agenda will consist of:


FPAC 2000

1. Introductory Remarks by Commissioner David D. Spears.
2. A discussion on streamlining and modernizing futures regulations.
3. Briefing by CFTC staff on current regulatory issues being proposed
to the CFTC--including:
    A. Special execution procedures established by a contract market
and approved by the Commission.
    B. Margining of option premiums.
    C. Post trade allocation of orders with the consent of the eligible
    D. Customer funds to be invested by a futures commission merchant
or US clearing organization in liquid and readily marketable
investments, in addition to the obligations specified in section 4d(2).
4. Other items for Committee consideration; timing of next meeting;
other Committee business.

    The purpose of this meeting is to solicit the views of the
Committee on these agenda matters. The Advisory Committee was created
by the Commodity Futures Trading Commission for the purpose of advising
the Commission on issues concerning individuals and industries
interested in or affected by financial markets regulated by the
Commission. The purposes and objectives of the Advisory Committee are
more fully set forth in the April 15, 1997 Charter of the Advisory
    The meeting is open to the public. The Chairman of the Advisory
Committee, CFTC Commissioner David D. Spears, is empowered to conduct
the meeting in a fashion that will, in his judgment, facilitate the
orderly conduct of business. Any member of the public who wishes to
file a written statement with the Advisory Committee should mail a copy
of the statement to the attention of: the Commodity Futures Trading
Commission Financial Products Advisory Committee, c/o Ms. Jennifer Roe,
1155 21st Street, NW., Washington, DC 20581, before the meeting.
Members of the public who wish to make oral statements should also
inform Ms. Roe in writing at the foregoing address at least three
business days before the meeting. Reasonable provisions will be made,
if time permits, for an oral presentation of no more than five minutes
each in duration.

    Issued by the Commission in Washington, DC., on October 23,
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 97-28685 Filed 10-29-97; 8:45 am]

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