97-14038. Chicago Board of Trade Futures Contracts in Corn and Soybeans; Notice That Delivery Point Specifications Must Be Amended

[Federal Register Volume 62, Number 103 (Thursday, May 29, 1997)]
[Notices]
[Pages 29107-29108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-14038]


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COMMODITY FUTURES TRADING COMMISSION


Chicago Board of Trade Futures Contracts in Corn and Soybeans; 
Notice That Delivery Point Specifications Must Be Amended

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of public meeting.

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TIME AND DATE: 2:00-5:00 p.m., Thursday, June 12, 1997.

PLACE: 1155 21st St., N.W., Washington, D.C. Lobby Level Hearing Room 
located at Room 1000.

STATUS: Open.

SUMMARY: Notice is hereby given that the Commodity Futures Trading 
Commission (``Commission'') will convene a public meeting at which the 
Chicago Board of Trade (``CBT'') and interested members of the public 
may appear before it to give oral and written statements relating to 
the Commission's consideration of amendments proposed by the CBT to the 
delivery specifications of the CBT corn and soybean futures contracts.

ADDRESSES: Requests to appear and statements of interest should be 
mailed to the Commodity Futures Trading Commissions, Three Lafayette 
Centre, 1155 21 Street, N.W., Washington, D.C. 20581, attention Office 
of the Secretariat; transmitted by facsimile at [phone]; or 
transmitted electronically to [[e-mail]]. Reference should be 
made to ``Delivery Specifications Meeting.''

FOR FURTHER INFORMATION CONTACT: Paul M. Architzel, Chief Counsel, 
Division of Economic Analysis, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street, N.W., Washington, D.C. 20581, 
[phone], or electronically, [[e-mail]].

SUPPLEMENTARY INFORMATION: By letter dated May 8, 1997, the CBT 
requested an opportunity to appear before the

[[Page 29108]]

Commission in connection with the Commission's consideration of 
amendments to the delivery specifications of the corn and soybean 
futures contracts proposed by the CBT. The proposed amendments were 
submitted in response to a notification to the CBT by the Commission 
finding that those contracts no longer meet the statutory requirements 
of section 5a(a)(10) of the Commodity Exchange Act. 61 F.R. 67998 
(December 26, 1996). The Commission has requested comment from 
interested members of the public on issues raised by the proposed 
amendments. The comment period will remain open until June 16, 1997. 62 
FR 19992 (April 24, 1997).
    The Commission is of the view that, in addition to the receipt of 
written comments, an opportunity for the CBT and interested members of 
the public to appear before it will assist it in its consideration of 
these issues and is in the public interest. Accordingly, the Commission 
will convene a public meeting on June 12, 1997, for that purpose.
    In its request for comment, 62 FR 12156 (March 14, 1997), the 
Commission described the four alternatives included in the original 
section 5a(a)(10) notification to the CBT and the CBT's proposed 
amendments to the contracts' delivery specifications. The Commission 
also posed a number of questions. 62 FR at 12158. Persons appearing 
before the Commission are invited specifically to address those 
questions and to provide relevant factual data.
    All individuals or organizations wishing to appear before the 
Commission should submit to the Commission at the above address, by 
June 5, 1997, a concise statement of interest and qualifications and a 
brief summary or abstract of the content of his or her statement. The 
Commission will invite a representative number of individuals or 
organizations to appear from those submitting such statements. A 
transcription of the meeting will be made and entered into the 
Commission's public comment files, which as noted above, will remain 
open for the receipt of written comment until June 16, 1997.

    Issued in Washington, D.C., this 22nd day of May 1997.

    By the Commodity Futures Trading Commission.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 97-14038 Filed 5-28-97; 8:45 am]
BILLING CODE 6351-01-M