97-8999. Coffee, Sugar & Cocoa Exchange, Inc. Update of Petition for Exemption From the Dual Trading Prohibition in Affected Contract Markets

[Federal Register Volume 62, Number 68 (Wednesday, April 9, 1997)]
[Notices]
[Pages 17179-17180]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-8999]


=======================================================================
-----------------------------------------------------------------------

COMMODITY FUTURES TRADING COMMISSION


Coffee, Sugar & Cocoa Exchange, Inc. Update of Petition for 
Exemption From the Dual Trading Prohibition in Affected Contract 
Markets

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of update of petition for exemption from the prohibition 
on dual trading in affected contract markets.

-----------------------------------------------------------------------

SUMMARY: Coffee, Sugar & Cocoa Exchange, Inc. (``CSCE'' or 
``Exchange'') has submitted an update of its October 19, 1993 petition 
for exemption from the prohibition against dual trading in thirteen 
contract markets. Copies of the entire file, including any future 
submissions, will be available to the public upon request, except to 
the extent the Exchange has requested confidential treatment.

ADDRESSES: Copies of the file are available from the Office of the 
Secretariat, Commodity Futures Trading Commission, 1155 21st Street, 
NW., Washington, DC 20581. Reference should be made to the CSCE dual 
trading exemption petition file.

FOR FURTHER INFORMATION CONTACT:
 Duane Andresen, Special Counsel, or Evan Davis, Staff Attorney, 
Division of Trading and Markets, Commodity Futures Trading Commission, 
1155 21st Street, NW., Washington, DC 20581; telephone: [phone].

SUPPLEMENTARY INFORMATION: Pursuant to section 4j(a)(3) of the 
Commodity Exchange Act and Regulation 155.5 thereunder, a board of 
trade may submit a petition to the Commodity Futures Trading Commission 
(``Commission'') to exempt any of its affected contract markets 
(markets with an average daily volume of over 8,000 contracts traded 
for four consecutive quarters) from the prohibition against dual 
trading. Regulation 155.5(d)(6) authorizes the Director of the Division 
of Trading and Markets to publish notice of each exemption petition 
deemed complete under Regulation 155.5(d) and to make the petition 
available to the public as required by section 4j(a)(5) of the Act.
    CSCE originally submitted a petition for dual trading exemption on 
October 19, 1993. That petition was made available to the public by a 
notice of availability published in the Federal Register on December 
22, 1993. Pursuant to a request from the Commission, CSCE submitted a 
dual trading exemption petition update dated March 21, 1997 for its 
contract markets in sugar #11, coffee ``C'' and cocoa futures contracts 
and its options on sugar #11, coffee ``C'' and cocoa futures contracts.
    Copies of the file containing all these materials and any future 
submissions, except to the extent the Exchange has requested 
confidential treatment in accordance with 17 CFR 145.9, are available 
for inspection at the Commission's Office of the Secretariat, 1155 21st 
Street, NW., Washngton, DC 20581, and may be obtained by mail at that 
address or by telephone at [phone].
    Petition materials subject to CSCE's request for confidential 
treatment may be available upon request pursuant to the Freedom of 
Information Act (5 U.S.C. 552) and the Commission's regulations 
thereunder (17 CFR part 145), except to the extent they are

[[Page 17180]]

entitled to confidential treatment as set forth in 17 CFR 145.5 and 
145.9. Requests for copies of such materials should be made to FOI, 
Privacy and Sunshine Act Compliance Staff of the Office of the 
Secretariat at the above address in accordance with 17 CFR 145.7 and 
145.8.
    The CSCE timely submitted its original petition before October 26, 
1993, the effective date of the dual trading prohibition. Therefore, 
application of the prohibition against the contract markets covered by 
the petition has been suspended in accordance with Commission 
Regulation 155.5(d)(5) and will remain suspended until the petition is 
acted upon.

    Issued in Washington, DC, on April 3, 1997.
Jean A. Webb,
Secretary.
[FR Doc. 97-8999 Filed 4-8-97; 8:45 am]
BILLING CODE 6351-01-M