[Federal Register Volume 89, Number 129 (Friday, July 5, 2024)]
[Proposed Rules]
[Pages 55528-55529]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-14610]



17 CFR Part 40

RIN 3038-AF14

Event Contracts

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.


SUMMARY: On May 10, 2024, the Commodity Futures Trading Commission 
(``Commission'' or ``CFTC'') issued a notice of proposed rulemaking 
(``NPRM'') titled Event Contracts. The comment period for the NPRM was 
scheduled to close on July 9, 2024. The Commission is extending the 
comment period for the NPRM by an additional thirty days.

DATES: The comment period for the NPRM titled Event Contracts is 
extended through August 8, 2024.

ADDRESSES: You may submit comments, identified by ``Event Contracts, 
RIN 3038-AF14,'' by any of the following methods:
     CFTC Comments Portal: https://comments.cftc.gov/. Select 
the ``Submit Comments'' link for this rulemaking and follow the 
instructions on the Public Comment Form.
     Mail: Send to Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW, Washington, DC 20581.
     Hand Delivery/Courier: Follow the same instructions as for 
Mail, above.
    Please submit your comments using only one of these methods. To 
avoid possible delays with mail or in-person deliveries, submissions 
through the CFTC Comments Portal are encouraged.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
https://comments.cftc.gov. You should submit only information that you 
wish to make available publicly. If you wish the Commission to consider 
information that you believe is exempt from disclosure under the 
Freedom of Information Act (``FOIA''), a petition for confidential 
treatment of the exempt information may be submitted according to the 
procedures established in Sec.  145.9 of the Commission's regulations. 
See 17 CFR 145.9.
    The Commission reserves the right, but shall have no obligation, to 
review, pre-screen, filter, redact, refuse, or remove any or all of 
your submission from https://comments.cftc.gov that it may deem to be 
inappropriate for publication, such as obscene language. All 
submissions that have been redacted or removed that contain comments on 
the merits of the rulemaking will be retained in the public comment 
file and will be considered as required under the Administrative 
Procedure Act and other applicable laws, and may be accessible under 
the FOIA.

FOR FURTHER INFORMATION CONTACT: Nora Flood, Chief Counsel, Division of 
Market Oversight, Commodity Futures Trading Commission, (202) 418-6059, 
[email protected], Three Lafayette Centre, 1151 21st Street NW, 
Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On May 10, 2024, the Commission approved 
proposed amendments to its rules concerning event contracts in certain 
excluded commodities.\1\ The proposed amendments would further specify 
types of event contracts that fall within the scope of section 
5c(c)(5)(C) of the Commodity Exchange Act (``CEA'') and are contrary to 
the public interest, such that they may not be listed for trading or 
accepted for clearing on or through a CFTC-registered entity. Among 
other things, the proposed amendments would further specify the types 
of event contracts that involve ``gaming.'' In addition, the proposed 
amendments would further align the language of the Commission's event 
contract rules with the statutory text of CEA section 5c(c)(5)(C), and 
make certain technical changes to the rules in order to enhance clarity 
and organization.

    \1\ See ``CFTC to Hold a Commission Open Meeting May 10,'' CFTC 
Rel. No. 8906-24, available at https://www.cftc.gov/PressRoom/PressReleases/8906-24.

    The NPRM was published on the Commission's website on May 10, 2024, 
and was made available for public comment through July 9, 2024, for a 
total comment period of 60 days.\2\ The NPRM was subsequently published 
in the Federal Register on June 10, 2024.\3\ The Commission is 
extending the comment period by an additional thirty days, until August 
8, 2024, in order to allow interested persons additional time to 
analyze the proposal and prepare their comments.

    \2\ See ``CFTC Issues Proposal on Event Contracts,'' CFTC Rel. 
No. 8907-24, available at https://www.cftc.gov/PressRoom/PressReleases/8907-24.
    \3\ See Event Contracts, 89 FR 48968 (June 10, 2024).

    Issued in Washington, DC, on June 27, 2024, by the Commission.
Christopher Kirkpatrick,
Secretary of the Commission.

    Note: The following appendix will not appear in the Code of 
Federal Regulations.

[[Page 55529]]

Appendix to Event Contracts (Extension of Comment Period)--Commission 
Voting Summary

    On this matter, Chairman Behnam and Commissioners Johnson, 
Goldsmith Romero, Mersinger, and Pham voted in the affirmative. No 
Commissioner voted in the negative.

[FR Doc. 2024-14610 Filed 7-3-24; 8:45 am]