FR Doc E9-20356[Federal Register: August 25, 2009 (Volume 74, Number 163)]


[Page 42948-42949]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]






[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:

Electronic Comments

Use the SEC's Internet comment form (http://www.sec.gov/

rules/other.shtml); or

Send an e-mail to [email protected] Please include

File Number 4-588 on the subject line.

Paper Comments

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

[[Page 42949]]

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,

Deputy Secretary.

By the Commodity Futures Trading Commission.

Dated: August 19, 2009.

David A. Stawick,


[FR Doc. E9-20356 Filed 8-24-09; 8:45 am]


Last Updated: August 25, 2009