FR Doc E9-20356[Federal Register: August 25, 2009 (Volume 74, Number 163)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
SECURITIES AND EXCHANGE COMMISSION
COMMODITY FUTURES TRADING COMMISSION
[Release No. 34-60539; File No. 4-588]
Joint Meetings on Harmonization of Regulation
AGENCIES: Securities and Exchange Commission (``SEC'') and Commodity
Futures Trading Commission (``CFTC'') (each, an ``Agency,''
collectively, the ``Agencies'').
ACTION: Notice of joint meetings; request for comment.
SUMMARY: On June 17, 2009, the Department of the Treasury released a
White Paper on Financial Regulatory Reform (``White Paper'') calling on
the SEC and the CFTC to ``make recommendations to Congress for changes
to statutes and regulations that would harmonize regulation of futures
and securities.'' Specifically, the White Paper recommended ``that the
CFTC and the SEC complete a report to Congress by September 30, 2009
that identifies all existing conflicts in statutes and regulations with
respect to similar types of financial instruments and either explains
why those differences are essential to achieve underlying policy
objectives with respect to investor protection, market integrity, and
price transparency or makes recommendations for changes to statutes and
regulations that would eliminate the differences.''
On September 2, 2009, from 9 a.m. until 5 p.m., and September 3,
2009, from 9 a.m. until 12:30 p.m., the SEC and the CFTC will hold
joint meetings to discuss assessments of the current regulatory scheme,
harmonization of the agencies' rules, and recommendations for changes
to statutes and regulations.
The meetings will consist of five panels. Topics to be discussed
will include the regulation of exchanges and markets; the regulation of
intermediaries; the regulation of clearance and settlement;
enforcement; and the regulation of investment funds.
On September 2, 2009, a meeting will be held in Lobby Level Hearing
Room (Room 1000) at the CFTC's headquarters at Three Lafayette Centre,
1155 21st Street, NW., Washington, DC 20581. On September 3, 2009, a
meeting will be held in the auditorium at the SEC's headquarters at 100
F Street, NE., Washington, DC 20549. The meetings will be open to the
public with seating on a first-come, first-served basis. The meetings
also will be available via Web cast on the SEC's Web site at http://
www.sec.gov and at the CFTC's Web site at http://www.cftc.gov. A
transcript of the meetings will be made and entered into the Agencies'
public comment files, which will remain open for the receipt of written
comments until September 14, 2009. The SEC and the CFTC welcome
feedback regarding any of the topics to be addressed at the meetings.
DATES: Comments should be received on or before September 14, 2009.
Because the Agencies will jointly review all comments submitted,
interested parties may send comments to either Agency and need not
submit responses to both Agencies. Respondents are encouraged to use
the title ``Harmonization of Regulation'' to facilitate the
organization and distribution of comments between the Agencies.
Interested parties are invited to submit responses to:
Securities and Exchange Commission: Comments may be submitted by
any of the following methods:
Use the SEC's Internet comment form (http://www.sec.gov/
Send an e-mail to [email protected] Please include
File Number 4-588 on the subject line.
Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.
All submissions should refer to File Number 4-588. This file number
should be included on the subject line if e-mail is used. To help us
process and review your comments more efficiently, please use only one
method. The SEC staff will post all comments on the SEC's Internet Web
site (http://www.sec.gov/rules/other.shtml). Comments also will be
available for inspection and copying in the SEC's Public Reference
Room, 100 F Street, NE., Washington, DC 20549, on official business
days between the hours of 10 a.m. and 3 p.m. All comments received will
be posted without change; we do not edit personal identifying
information from submissions. You
should submit only information that you wish to make available
Commodity Futures Trading Commission
Written comments may be mailed to the Commodity Futures
Trading Commission, Three Lafayette Center, 1155 21st Street, NW.,
Washington, DC 20581, attention Office of the Secretariat; transmitted
by facsimile to the CFTC at (202) 418-5521; or transmitted
electronically to [email protected] Reference should be made to
``Harmonization of Regulation.''
FOR FURTHER INFORMATION CONTACT: Sara Gillis Hawkins, Special Counsel,
at (202) 551-5523, or Leigh W. Duffy, Attorney-Adviser, at (202) 551-
5928, Division of Trading and Markets, Securities and Exchange
Commission, 100 F Street, NE., Washington, DC 20549; or Sauntia
Warfield, (202) 418-5084, at the CFTC.
By the Securities and Exchange Commission.
Dated: August 19, 2009.
Florence E. Harmon,
By the Commodity Futures Trading Commission.
Dated: August 19, 2009.
David A. Stawick,
[FR Doc. E9-20356 Filed 8-24-09; 8:45 am]
BILLING CODE 8010-01-P
Last Updated: August 25, 2009