97-2406. Market in Live Cattle Futures and Options  

  • [Federal Register Volume 62, Number 21 (Friday, January 31, 1997)]
    [Notices]
    [Pages 4730-4731]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-2406]
    
    
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    COMMODITY FUTURES TRADING COMMISSION
    
    Applications of Futurecom as a Contract
    
    
    Market in Live Cattle Futures and Options
    
    AGENCY: Commodity Futures Trading Commission.
    
    ACTION: Notice of availability of the terms and conditions of proposed 
    commodity futures and option contracts.
    
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    SUMMARY: Futurecom, an electronic commodities trading exchange, has 
    applied for designation as a contract market in live cattle futures and 
    option contracts, along with the terms and conditions for those 
    contracts. Because Futurecom has not been approved previously by the 
    Commission as a contract market in any commodity, Futurecom is also 
    requesting approval of trading rules and rules of government that it 
    has submitted to meet the requirements for a board of trading seeking 
    designation as a contract market. The Acting Director of the Division 
    of Economic Analysis (Division) of the Commission, acting pursuant to 
    the authority delegated by Commission Regulation 140.96, has determined 
    that publication of the proposals for comment is in the public 
    interest, will assist the Commission in considering the views of 
    interested persons and is consistent with the purposes of the Commodity 
    Exchange Act.
    
    DATES: Comments must be received on or before March 3, 1997.
    
    ADDRESSES: Interested persons should submit their views and comments to 
    Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
    Lafayette Centre, 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 secretary@cftc.gov. Reference 
    should be
    
    [[Page 4731]]
    
    made to the Futurecom live cattle futures and option contract.
    
    FOR FURTHER INFORMATION CONTACT: With respect to the terms and 
    conditions of the proposed futures and option contracts, please contact 
    Fred Linse of the Division of Economic Analysis, Commodity Futures 
    Trading Commission, Three Lafayette Centre, 21st Street NW, Washington, 
    DC 20581, telephone 202-418-5273. Facsimile number: (202) 418-5527. 
    Electronic mail: flinse@cftc.gov With respect to questions about the 
    trading rules and rules of government, please contact Lois Gregory, 
    Division of Trading and Markets, at the same address, telephone 202 
    418-5483. Electronic mail: lgregory@cftc.gov
    
    SUPPLEMENTARY INFORMATION: Copies of the terms and conditions of the 
    proposed contract as well as the proposed trading rules and rules of 
    government submitted by Futurecom will be available for inspection at 
    the Office of the Secretariat, Commodity Futures Trading Commission, 
    Three Lafayette Centre, 21st Street NW, Washington, D.C. 20581. Copies 
    of the terms and conditions can be obtained through the Office of the 
    Secretariat by mail at the above address or by phone at (202) 418-5100.
        Other materials submitted by Futurecom in support of the 
    applications for contract market designation may be available upon 
    request pursuant to the Freedom of Information Act (5 U.S.C. 552), 
    except to the extent they are entitled to confidential treatment as set 
    forth in (17 CFR Part 145.5 and 145.9. Requests for copies of such 
    materials should be made to the FOI, Privacy and Sunshine Act 
    Compliance Staff of the Office of the Secretariat at the Commission's 
    headquarters in accordance with 17 CFR 145.7 and 145.8.
        Any person interested in submitting written data, views, or 
    arguments on the proposal to designate Futurecom as contract market or 
    with respect to terms and conditions of the proposed futures contract, 
    the trading rules, the rules of government, or other materials 
    submitted in support of the applications, should send such comments to 
    Jean A. Webb, Secretary, Commodity Futures Trading Commission, Three 
    Lafayette Centre, 21st Street NW, Washington, DC 20581 by the specified 
    date.
    
        Issued in Washington, DC, on January 27, 1997.
    Blake Imel,
    Acting Director.
    [FR Doc. 97-2406 Filed 1-30-97; 8:45 am]
    BILLING CODE 6351-01-P
    
    
    

Document Information

Published:
01/31/1997
Department:
Commodity Futures Trading Commission
Entry Type:
Notice
Action:
Notice of availability of the terms and conditions of proposed commodity futures and option contracts.
Document Number:
97-2406
Dates:
Comments must be received on or before March 3, 1997.
Pages:
4730-4731 (2 pages)
PDF File:
97-2406.pdf