Release: #4872-03
For Release: December 10, 2003

CFTC Announces New Comment Period
Cancels Hearing Scheduled for December 17, 2003

Washington, D.C. – The Commodity Futures Trading Commission (CFTC) announced today that it has cancelled the hearing to receive testimony from industry participants relating to the CFTC’s consideration of the application of U.S. Futures Exchange, L.L.C. (USFE) for contract market designation that was scheduled for December 17, 2003. This action was taken because of the scheduling conflicts of some market participants.

The Commission continues to believe, however, that the opportunity for interested members of the public and the industry to comment regarding the application is important and, consequently, the Commission has decided to reopen the public comment period. The extended comment period begins today, Wednesday, December 10, 2003, and ends Friday, December 19, 2003.

Information regarding USFE’s application, including information that the Commission has received since the close of the original comment period, is available on the Commission’s website at: www.cftc.gov.

Individuals and organizations wishing to comment should submit their comments on or before December 19, 2003, to the Office of the Secretariat, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, N.W., Washington, D.C. 20581; transmit by facsimile to (202) 418-5521; or transmit electronically to [secretary@cftc.gov]. Reference should be made to U.S. Futures Exchange, L.L.C.

# # #