2012-15117. Renewal of the Technology Advisory Committee

AGENCY:

Commodity Futures Trading Commission.

ACTION:

Notice of Federal Advisory Committee Renewal.

SUMMARY:

The Commodity Futures Trading Commission has determined to renew the charter of its Technology Advisory Committee.

FOR FURTHER INFORMATION CONTACT:

Gail Scott, Committee Management Officer, at 202-418-5139. Written comments should be submitted to David A. Stawick, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581. Electronic comments may be submitted to [e-mail].

Comments may also be submitted by any of the following methods:

The agency's Web site, at http://comments.cftc.gov. Follow the instructions for submitting comments through the Web site.

Hand Delivery/Courier: Same as mail above.

Please submit your comments using only one method and identity that it is for the renewal of the Technology Advisory Committee.

All comments must be submitted in English, or if not, accompanied by an English translation. Comments will be posted as received to www.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, a petition for confidential treatment of the exempt information may be submitted according to the procedures established in § 145.9 of the Commission's regulations.^[1]

SUPPLEMENTARY INFORMATION:

The Commodity Futures Trading Commission (“Commission”) has determined to renew its Technology Advisory Committee (“TAC”). The Commission has determined that renewing the advisory committee is in the public interest in connection with the duties imposed on the Commission by the Commodity Exchange Act, 7 U.S.C. 1-26, as amended. The TAC will operate for two years from the date of renewal unless, before the expiration of that time period, its charter is renewed in accordance with section 14(a)(2) of the Federal Advisory Committee Act, or the Chairman of the Commission, with the concurrence of the other Commissioners, shall direct that the advisory committee terminate on an earlier date.

The purpose of the TAC is to conduct public meetings, to submit reports and recommendations to the Commission, and to otherwise assist the Commission in identifying and understanding how new developments in technology are being applied and utilized in the industry, and their impact on the operation of the markets. The committee will allow the Commission to be an active participant in market innovation, explore the appropriate investment in technology, and advise the Commission on the need for strategies to implement rules and regulations to support the Commission's mission of ensuring the integrity of the markets. Meetings of the TAC are public.

The TAC will be renewed by filing a renewal charter with the Commission; the Senate Committee on Agriculture, Nutrition and Forestry; the House Committee on Agriculture; the Library of Congress; and the General Services Administration's Committee Management Secretariat concurrently with the publication of the notice of renewal in the Federal Register. A copy of the renewal charter also will be posted on the Commission's Web site at www.cftc.gov.

Issued in Washington, DC, on June 15, 2012, by the Commission.

David A. Stawick,

Secretary of the Commission.

Footnotes

1.  See 17 CFR 145.9.