Technical and Clarifying Amendments to Rules for Exempt Markets, Derivatives Transaction Execution Facilities and Designated Contract Markets, and Procedural Changes for Derivatives Clearing Organization Registration Applications, 54323-54324 [05-18174]

Download as PDF 54323 Federal Register / Vol. 70, No. 177 / Wednesday, September 14, 2005 / Proposed Rules responsibilities among the various levels of government. For the reasons discussed above, I certify that the proposed regulation: 1. Is not a ‘‘significant regulatory action’’ under Executive Order 12866; 2. Is not a ‘‘significant rule’’ under the DOT Regulatory Policies and Procedures (44 FR 11034, February 26, 1979); and 3. Will not have a significant economic impact, positive or negative, on a substantial number of small entities under the criteria of the Regulatory Flexibility Act. We prepared a regulatory evaluation of the estimated costs to comply with this proposed AD. See the ADDRESSES section for a location to examine the regulatory evaluation. List of Subjects in 14 CFR Part 39 Air transportation, Aircraft, Aviation safety, Safety. The Proposed Amendment Accordingly, under the authority delegated to me by the Administrator, the FAA proposes to amend 14 CFR part 39 as follows: PART 39—AIRWORTHINESS DIRECTIVES 1. The authority citation for part 39 continues to read as follows: Authority: 49 U.S.C. 106(g), 40113, 44701. § 39.13 [Amended] 2. The FAA amends § 39.13 by adding the following new airworthiness directive (AD): Airbus: Docket No. FAA–2005–22411; Directorate Identifier 2005–NM–074–AD. Comments Due Date (a) The Federal Aviation Administration must receive comments on this AD action by October 14, 2005. Affected ADs (b) None. Applicability (c) This AD applies to Airbus Model A300 B2–1A, B2–1C, B2K–3C, and B2–203 airplanes; Model A300 B4–2C, B4–103, and B4–203 airplanes; Model A300 B4–601, B4– 603, B4–620, and B4–622 airplanes; Model A300 B4–605R and B4–622 airplanes; Model A300 F4–605R and F4–622R airplanes; Model A300 C4–605R Variant F airplanes; Model A310–203, –204, –221, and –222 airplanes; and Model A310–304, –322, –324, and –325 airplanes; certificated in any category; except for those airplanes on which Airbus Modification 12857 has been incorporated in production. Unsafe Condition (d) This AD was prompted by a report of injuries occurring on in-service airplanes when crewmembers forcibly initiated opening of passenger/crew doors against residual pressure causing the doors to rapidly open. We are issuing this AD to prevent injury to crewmembers, and subsequent damage to the airplane caused by the rapid opening of the door. Compliance (e) You are responsible for having the actions required by this AD performed within the compliance times specified, unless the actions have already been done. Replacing the Cabin Altitude Indicator (f) Within 22 months after the effective date of this AD, replace the cabin altitude indicator (Part Number (P/N) 37000–3) in the cabin pressure control panel with a new improved cabin altitude indicator (P/N 37000–3–01), in accordance with the service bulletins specified in Table 1 of this AD, as applicable. TABLE 1.—AIRBUS SERVICE BULLETINS Model Service bulletin and revision number Model A300 B2 and A300 B4 series airplanes ..................... Model A300 B4–600, B4–600R and F4–600R series airplanes, and Model C4–605R Variant F airplanes. Model A310–200 and –300 series airplanes ........................ A300–21–0131, Revision 01 ............................................... A300–21–6050, Revision 01 ............................................... January 6, 2005. December 17, 2004. A310–21–2063, Revision 01 ............................................... January 6, 2005. Note 1: The service bulletins specified in Table 1 of paragraph (f) of this AD describe installation of an in-service modification equivalent to production modification 12857. Additional Source of Service Information Note 2: Each of the service bulletins specified in paragraph (f) of this AD refers to Thales Service Bulletin 37000–3–21–001, dated October 8, 2004, as an additional source of service information. Actions Accomplished in Accordance With Previous Service Information (g) Replacement of the cabin altitude indicator with a new, improved indicator, in accordance with Airbus Service Bulletin A300–21–6050, dated September 9, 2004; or A310–21–2063, dated September 9, 2004; as applicable, before the effective date of this AD, is acceptable for the compliance with the requirements of paragraph (f) of this AD. Alternative Methods of Compliance (AMOCs) (i) The Manager, International Branch, ANM–116, FAA, Transport Airplane Directorate, has the authority to approve AMOCs for this AD, if requested in accordance with the procedures found in 14 CFR 39.19. Related Information (j) French airworthiness directive F–2005– 027, dated February 16, 2005, also addresses the subject of this AD. Issued in Renton, Washington, on September 6, 2005. Kalene C. Yanamura, Acting Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. 05–18211 Filed 9–13–05; 8:45 am] BILLING CODE 4910–13–P Parts Installation (h) After the effective date of this AD, no person may install a Thales cabin altitude indicator having part number 37000–3 on any airplane. VerDate Aug<18>2005 15:58 Sep 13, 2005 Jkt 205001 PO 00000 Frm 00014 Fmt 4702 Sfmt 4702 Date COMMODITY FUTURES TRADING COMMISSION 17 CFR Parts 36, 37, 38, 39 and 40 Technical and Clarifying Amendments to Rules for Exempt Markets, Derivatives Transaction Execution Facilities and Designated Contract Markets, and Procedural Changes for Derivatives Clearing Organization Registration Applications Commodity Futures Trading Commission. ACTION: Reopening of comment period. AGENCY: SUMMARY: On July 11, 2005, the Commission published in the Federal Register a request for comments on proposed Technical and Clarifying Amendments to rules for Exempt Markets, Derivatives Transaction Execution Facilities and Designated Contract Markets, and Procedural Changes for Derivatives Clearing Organization Registration Applications. The proposed amendments are intended to: Clarify and codify acceptable E:\FR\FM\14SEP1.SGM 14SEP1 54324 Federal Register / Vol. 70, No. 177 / Wednesday, September 14, 2005 / Proposed Rules practices under the Commission’s rules for trading facilities, implemented pursuant to the Commodity Futures Modernization Act of 2000, based on the Commission’s experience in applying those rules since they were originally adopted in 2001; and revise the application and review process for designation as a derivatives clearing organization. The original comment period closed on September 9, 2005. By letter dated September 6, 2005, the New York Mercantile Exchange (‘‘NYMEX’’) requested that the comment period be extended 15 days, to September 26, 2005. NYMEX requested the additional time because, due to current extreme energy market conditions, the Exchange staff will be unable to properly circulate its response and obtain the necessary committee approvals and other review necessary to file a comment prior to the original close of the comment period on September 9, 2005. In response to this request, and in order to ensure that an adequate opportunity is provided for the submission of meaningful comments, the Commission will reopen and extend the comment period on the proposed rules. Responses must be received by September 26, 2005. DATES: FOR FURTHER INFORMATION CONTACT: Donald Heitman, Senior Special Counsel (telephone 202–418–5041, email dheitman@cftc.gov), Division of Market Oversight, or Lois Gregory, Special Counsel (telephone 202–418– 5521, e-mail lgregory@cftc.gov), Division of Clearing and Intermediary Oversight, Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st Street, NW., Washington, DC 20581. 15:58 Sep 13, 2005 Jkt 205001 BILLING CODE 6351–01–M Therefore, the public hearing scheduled for September 14, 2005, is cancelled. Guy R. Traynor, Acting Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel, (Procedure and Administration). [FR Doc. 05–18262 Filed 9–9–05; 2:42 pm] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service ENVIRONMENTAL PROTECTION AGENCY 26 CFR Parts 1 and 301 40 CFR Part 52 [REG–168892–03] [R08–OAR–2005–UT–0003; FRL–7961–6] RIN 1545–BD00 Approval and Promulgation of Air Quality Implementation Plans; State of Utah; Ogden City Revised Carbon Monoxide Maintenance Plan and Approval of Related Revisions Attained Age of the Insured Under Section 7702; Hearing Cancellation Internal Revenue Service (IRS), Treasury. AGENCY: Cancellation of notice of public hearing on proposed rulemaking. ACTION: This document cancels a public hearing on proposed regulations explaining how to determine the attained age of an insured for purposes of testing whether a contract qualifies as a life insurance contract for Federal Income Tax purposes. SUMMARY: The public hearing originally scheduled for September 14, 2005 at 10 a.m., is cancelled. DATES: Comments should be sent to the Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st Street, NW., Washington, DC 20581, attention: Office of the Secretariat. Comments may be sent by facsimile transmission to 202–418–5521 or, by e-mail to secretary@cftc.gov. Reference should be made to ‘‘Proposed Clarifying Amendments for Exempt Markets, Derivatives Transaction Execution Facilities and Designated Contract Markets, and Procedural Changes for Derivatives Clearing Organization Registration Applications.’’ ADDRESSES: VerDate Aug<18>2005 Issued in Washington, DC, on September 8, 2005, by the Commission. Jean A. Webb, Secretary of the Commission. [FR Doc. 05–18174 Filed 9–13–05; 8:45 am] FOR FURTHER INFORMATION CONTACT: LaNita Van Dyke of the Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration), at (202) 622–7180 (not a toll-free number). A notice of proposed rulemaking and notice of public hearing that appeared in the Federal Register on Tuesday, May 24, 2005, (70 FR 29671), announced that a public hearing was scheduled for September 14, 2005, at 10 a.m., in the IRS Auditorium, Internal Revenue Service Building, 1111 Constitution Avenue, NW., Washington, DC. The subject of the public hearing is under section 7702 of the Internal Revenue Code. The public comment period for these regulations expired on August 24, 2005. The notice of proposed rulemaking and notice of public hearing, instructed those interested in testifying at the public hearing to submit a request to speak and an outline of the topics to be addressed. As of Friday, September 09, 2005, no one has requested to speak. SUPPLEMENTARY INFORMATION: PO 00000 Frm 00015 Fmt 4702 Sfmt 4702 Environmental Protection Agency (EPA). ACTION: Proposed rule. AGENCY: SUMMARY: EPA is proposing to take direct final action approving State Implementation Plan (SIP) revisions submitted by the State of Utah. On November 29, 2004, the Governor of Utah submitted revisions to Utah’s Rule R307–110–12, ‘‘Section IX, Control Measures for Area and Point Sources, Part C, Carbon Monoxide,’’ which incorporates a revised maintenance plan for the Ogden carbon monoxide (CO) maintenance area for the CO National Ambient Air Quality Standard (NAAQS). The revised maintenance plan contains revised transportation conformity budgets for the years 2005 and 2021. In addition, the Governor submitted revisions to Utah’s Rule R307–110–35, ‘‘Section X, Vehicle Inspection and Maintenance Program, Part E, Weber County,’’ which incorporates a revised vehicle inspection and maintenance program for Weber County. In this action, EPA is approving the Ogden City CO revised maintenance plan, the revised transportation conformity budgets, the revised vehicle inspection and maintenance program for Weber County, and the revisions to rules R307–110–12 and R307–110–35. This action is being taken under section 110 of the Clean Air Act. In the ‘‘Rules and Regulations’’ section of this Federal Register, EPA is approving the State’s SIP revisions as a direct final rule without prior proposal because the Agency views this as a noncontroversial SIP revision and anticipates no adverse comments. A detailed rationale for the approval is set E:\FR\FM\14SEP1.SGM 14SEP1

Agencies

[Federal Register Volume 70, Number 177 (Wednesday, September 14, 2005)]
[Proposed Rules]
[Pages 54323-54324]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-18174]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 36, 37, 38, 39 and 40


Technical and Clarifying Amendments to Rules for Exempt Markets, 
Derivatives Transaction Execution Facilities and Designated Contract 
Markets, and Procedural Changes for Derivatives Clearing Organization 
Registration Applications

AGENCY: Commodity Futures Trading Commission.

ACTION: Reopening of comment period.

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SUMMARY: On July 11, 2005, the Commission published in the Federal 
Register a request for comments on proposed Technical and Clarifying 
Amendments to rules for Exempt Markets, Derivatives Transaction 
Execution Facilities and Designated Contract Markets, and Procedural 
Changes for Derivatives Clearing Organization Registration 
Applications. The proposed amendments are intended to: Clarify and 
codify acceptable

[[Page 54324]]

practices under the Commission's rules for trading facilities, 
implemented pursuant to the Commodity Futures Modernization Act of 
2000, based on the Commission's experience in applying those rules 
since they were originally adopted in 2001; and revise the application 
and review process for designation as a derivatives clearing 
organization. The original comment period closed on September 9, 2005.
    By letter dated September 6, 2005, the New York Mercantile Exchange 
(``NYMEX'') requested that the comment period be extended 15 days, to 
September 26, 2005. NYMEX requested the additional time because, due to 
current extreme energy market conditions, the Exchange staff will be 
unable to properly circulate its response and obtain the necessary 
committee approvals and other review necessary to file a comment prior 
to the original close of the comment period on September 9, 2005.
    In response to this request, and in order to ensure that an 
adequate opportunity is provided for the submission of meaningful 
comments, the Commission will reopen and extend the comment period on 
the proposed rules.

DATES: Responses must be received by September 26, 2005.

ADDRESSES: Comments should be sent to the Commodity Futures Trading 
Commission, Three Lafayette Center, 1155 21st Street, NW., Washington, 
DC 20581, attention: Office of the Secretariat. Comments may be sent by 
facsimile transmission to 202-418-5521 or, by e-mail to 
secretary@cftc.gov. Reference should be made to ``Proposed Clarifying 
Amendments for Exempt Markets, Derivatives Transaction Execution 
Facilities and Designated Contract Markets, and Procedural Changes for 
Derivatives Clearing Organization Registration Applications.''

FOR FURTHER INFORMATION CONTACT: Donald Heitman, Senior Special Counsel 
(telephone 202-418-5041, e-mail dheitman@cftc.gov), Division of Market 
Oversight, or Lois Gregory, Special Counsel (telephone 202-418-5521, e-
mail lgregory@cftc.gov), Division of Clearing and Intermediary 
Oversight, Commodity Futures Trading Commission, Three Lafayette 
Center, 1155 21st Street, NW., Washington, DC 20581.

    Issued in Washington, DC, on September 8, 2005, by the 
Commission.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 05-18174 Filed 9-13-05; 8:45 am]
BILLING CODE 6351-01-M