98-5061. Proposed Rulemaking Concerning Voting by Interested Members of Self-Regulatory Organization Governing Boards and Committees  

  • [Federal Register Volume 63, Number 39 (Friday, February 27, 1998)]
    [Proposed Rules]
    [Page 9977]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 98-5061]
    
    
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    COMMODITY FUTURES TRADING COMMISSION
    
    17 CFR Parts 1 and 33
    
    
    Proposed Rulemaking Concerning Voting by Interested Members of 
    Self-Regulatory Organization Governing Boards and Committees
    
    AGENCY: Commodity Futures Trading Commission.
    
    ACTION: Reopening of comment period on proposed rulemaking.
    
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    SUPPLEMENTARY INFORMATION: The Commodity Futures Trading Commission has 
    proposed a new Commission Regulation 1.69 which would require self-
    regulatory organizations (``SRO'') to adopt rules prohibiting governing 
    board, disciplinary committee, and oversight panel members from 
    deliberating or voting on certain matters where the member had either a 
    relationship with the matter's named party in interest or a financial 
    interest in the matter's outcome. The proposed rulemaking also would 
    amend Commission Regulations 1.41 and 1.63 to make modifications made 
    necessary by proposed Commission Regulation 1.69. The proposed 
    rulemaking was initially published for comment on January 23, 1998 (63 
    FR 3492) with comments on the proposal due by February 23, 1998. In 
    response to a request from the Futures Industry Association, the 
    Commission has determined to reopen the comment period on this proposal 
    for an additional 30 days. The new deadline for comments on this 
    proposed rulemaking is March 25, 1998.
        Any person interested in submitting written data, views, or 
    arguments on the proposal should submit their views and comments by the 
    specified date to Jean A. Webb, Secretary, Commodity Futures Trading 
    Commission, Three Lafayette Centre, 1155 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.
    
    DATES: Comments must be received on or before March 25, 1998.
    
    FOR FURTHER INFORMATION CONTACT: David P. Van Wagner, Special Counsel, 
    Division of Trading and Markets, Commodity Futures Trading Commission, 
    Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. 
    Telephone: (202) 418-5481.
    
        Issued in Washington, DC., on this 24th day of February, 1998, 
    by the Commodity Futures Trading Commission.
    Jean A. Webb,
    Secretary of the Commission.
    [FR Doc. 98-5061 Filed 2-26-98; 8:45 am]
    BILLING CODE 6351-01-M
    
    
    

Document Information

Published:
02/27/1998
Department:
Commodity Futures Trading Commission
Entry Type:
Proposed Rule
Action:
Reopening of comment period on proposed rulemaking.
Document Number:
98-5061
Dates:
Comments must be received on or before March 25, 1998.
Pages:
9977-9977 (1 pages)
PDF File:
98-5061.pdf
CFR: (2)
17 CFR 1
17 CFR 33