[Federal Register: February 27, 1998 (Volume 63, Number 39)]
[Proposed Rules]
[Page 9977]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



17 CFR Parts 1 and 33

Proposed Rulemaking Concerning Voting by Interested Members of
Self-Regulatory Organization Governing Boards and Committees

AGENCY: Commodity Futures Trading Commission.

ACTION: Reopening of comment period on proposed rulemaking.


SUPPLEMENTARY INFORMATION: The Commodity Futures Trading Commission has
proposed a new Commission Regulation 1.69 which would require self-
regulatory organizations ("SRO") to adopt rules prohibiting governing
board, disciplinary committee, and oversight panel members from
deliberating or voting on certain matters where the member had either a
relationship with the matter's named party in interest or a financial
interest in the matter's outcome. The proposed rulemaking also would
amend Commission Regulations 1.41 and 1.63 to make modifications made
necessary by proposed Commission Regulation 1.69. The proposed
rulemaking was initially published for comment on January 23, 1998 (63
FR 3492) with comments on the proposal due by February 23, 1998. In
response to a request from the Futures Industry Association, the
Commission has determined to reopen the comment period on this proposal
for an additional 30 days. The new deadline for comments on this
proposed rulemaking is March 25, 1998.
    Any person interested in submitting written data, views, or
arguments on the proposal should submit their views and comments by the
specified date to Jean A. Webb, 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 facsimile number (202) 418-5521, or by electronic mail to

DATES: Comments must be received on or before March 25, 1998.

FOR FURTHER INFORMATION CONTACT: David P. Van Wagner, Special Counsel,
Division of Trading and Markets, Commodity Futures Trading Commission,
Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581.
Telephone: (202) 418-5481.

    Issued in Washington, DC., on this 24th day of February, 1998,
by the Commodity Futures Trading Commission.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 98-5061 Filed 2-26-98; 8:45 am]

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