Revision of Federal Speculative Position Limits, 74213 [E7-25344]

Download as PDF Federal Register / Vol. 72, No. 249 / Monday, December 31, 2007 / Proposed Rules (b) Installing an airworthy blade assembly that does not have a serial number listed in paragraph 2.A of the ASB and does not have ‘‘RS503’’ marked near the P/N is terminating action for the requirements of this AD. (c) To request a different method of compliance or a different compliance time for this AD, follow the procedures in 14 CFR 39.19. Contact the Manager, Rotorcraft Directorate, Rotorcraft Certification Office, FAA, ATTN: Michael Kohner, Aviation Safety Engineer, Fort Worth, Texas 76193– 0170, telephone (817) 222–5447, fax (817) 222–5783. Issued in Fort Worth, Texas, on November 28, 2007. Mark R. Schilling, Acting Manager, Rotorcraft Directorate, Aircraft Certification Service. [FR Doc. E7–25411 Filed 12–28–07; 8:45 am] BILLING CODE 4910–13–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 150 RIN 3038–AC51 Revision of Federal Speculative Position Limits Commodity Futures Trading Commission. ACTION: Reopening of comment period. mstockstill on PROD1PC66 with PROPOSALS AGENCY: SUMMARY: The Commodity Futures Trading Commission is reopening the period for public comment to provide interested persons additional time to comment on certain proposed amendments pertaining to the Federal speculative position limits for agricultural commodities. DATES: Comments must be received by January 21, 2008. ADDRESS: Comments should be submitted to David A. Stawick, Secretary, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581. Comments may be sent by facsimile to 202.418.5521, or by e-mail to secretary@cftc.gov. Reference should be made to the ‘‘Proposed Revision of Federal Speculative Position Limits.’’ Comments may also be submitted through the Federal eRulemaking Portal at http://www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Don Heitman, Attorney, Division of Market Oversight, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581, telephone (202) 418–5041, facsimile number (202) 418–5507, electronic mail dheitman@cftc.gov; or Martin Murray, Economist, Division of Market Oversight, telephone (202) 418– VerDate Aug<31>2005 17:27 Dec 28, 2007 Jkt 214001 5276, facsimile number (202) 418–5507, electronic mail mmurray@cftc.gov. The Commission is reopening the period for public comment on proposed amendments to regulation 150.2.1 The amendments were proposed on November 21, 2007 and the comment period initially closed on December 21, 2007.2 The amendments, if adopted by the Commission, would increase the Federal speculative position limits enumerated in regulation 150.2 for all single-month and all-months-combined positions in all commodities except oats, pursuant to parameters specified in Commission regulation 150.5(c). The amendments would also aggregate positions in all designated contract market products that share substantially identical terms with the contracts enumerated in regulation 150.2 for the purposes of ascertaining compliance with the Federal speculative position limits. By letter dated December 7, 2007, the National Grain and Feed Association, an association representing companies that utilize exchange traded agricultural contracts to manage price and inventory risks,3 and by letter dated December 14, 2007, the American Bakers Association, an association representing the interests of the wholesale baking industry,4 requested an extension of the comment period to better develop a response to Commission’s proposed amendments. While the Commission has received commentary on the proposed amendments,5 it believes that it would be appropriate to reopen the comment period to ensure that an adequate opportunity is provided for the submission of additional meaningful and substantive comments. Accordingly, the Commission has determined to reopen the comment period for the proposed amendments to regulation 150.2 to January 21, 2008. The Commission notes that it will give full consideration to any comment received in the interval between the closing and reopening of the comment period for the proposed amendments. SUPPLEMENTARY INFORMATION: 1 17 CFR 150.2. FR 65783 (November 21, 2007). 3 Letter from Rod Clark, Chair, Risk Management Committee, National Grain and Feed Association, to David A. Stawick, Secretary of the Commission (December 7, 2007) (on file with the Commission). 4 Letter from Lee Sanders, Senior Vice President, Government Relations & Public Affairs, Corporate Secretary, American Bakers Association, to David A. Stawick, Secretary of the Commission (December 14, 2007) (on file with the Commission). 5 Comment File: 07–014, available at http:// www.cftc.gov/lawandregulation/federalregister/ federalregistercomments/2007/07–014.html. 2 72 PO 00000 Frm 00005 Fmt 4702 Sfmt 4702 74213 Issued in Washington, DC, on December 21, 2007 by the Commission. David A. Stawick, Secretary of the Commission. [FR Doc. E7–25344 Filed 12–28–07; 8:45 am] BILLING CODE 6351–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [REG–147290–05] RIN 1545–BF08 Nuclear Decommissioning Funds Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking by cross reference to temporary regulations. AGENCY: SUMMARY: In the Rules and Regulations section of this issue of the Federal Register, the IRS is issuing temporary regulations under section 468A of the Internal Revenue Code relating to deductions for contributions to trusts maintained for decommissioning nuclear power plants. The temporary regulations reflect changes to the law made by the Energy Policy Act of 2005, and affect most taxpayers that own an interest in a nuclear power plant. The text of the temporary regulations also serves as the text of these proposed regulations. DATES: Written or electronic comments and requests for a public hearing must be received by March 31, 2008. ADDRESSES: Send submissions to: CC:PA:LPD:PR (REG–147290–05), room 5203, Internal Revenue Service, PO Box 7604, Ben Franklin Station, Washington, DC 20044. Submissions may be hand delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to: CC:PA:LPD:PR (REG–147290–05), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC, or sent electronically, via the Federal eRulemaking Portal at http:// www.regulations.gov/ (IRS REG– 147290–05). FOR FURTHER INFORMATION CONTACT: Concerning the regulations, Patrick S. Kirwan, (202) 622–3110; concerning submissions and to request a hearing, Kelly Banks, (202) 622–7180 (not tollfree numbers). SUPPLEMENTARY INFORMATION: Paperwork Reduction Act The collection of information contained in this notice of proposed E:\FR\FM\31DEP1.SGM 31DEP1

Agencies

[Federal Register Volume 72, Number 249 (Monday, December 31, 2007)]
[Proposed Rules]
[Page 74213]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-25344]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Part 150

RIN 3038-AC51


Revision of Federal Speculative Position Limits

AGENCY: Commodity Futures Trading Commission.

ACTION: Reopening of comment period.

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SUMMARY: The Commodity Futures Trading Commission is reopening the 
period for public comment to provide interested persons additional time 
to comment on certain proposed amendments pertaining to the Federal 
speculative position limits for agricultural commodities.

DATES: Comments must be received by January 21, 2008.

ADDRESS: Comments should be submitted to David A. Stawick, Secretary, 
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st 
Street, NW., Washington, DC 20581. Comments may be sent by facsimile to 
202.418.5521, or by e-mail to secretary@cftc.gov. Reference should be 
made to the ``Proposed Revision of Federal Speculative Position 
Limits.'' Comments may also be submitted through the Federal 
eRulemaking Portal at http://www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: Don Heitman, Attorney, Division of 
Market Oversight, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street, NW., Washington, DC 20581, telephone (202) 
418-5041, facsimile number (202) 418-5507, electronic mail 
dheitman@cftc.gov; or Martin Murray, Economist, Division of Market 
Oversight, telephone (202) 418-5276, facsimile number (202) 418-5507, 
electronic mail mmurray@cftc.gov.

SUPPLEMENTARY INFORMATION: The Commission is reopening the period for 
public comment on proposed amendments to regulation 150.2.\1\ The 
amendments were proposed on November 21, 2007 and the comment period 
initially closed on December 21, 2007.\2\ The amendments, if adopted by 
the Commission, would increase the Federal speculative position limits 
enumerated in regulation 150.2 for all single-month and all-months-
combined positions in all commodities except oats, pursuant to 
parameters specified in Commission regulation 150.5(c). The amendments 
would also aggregate positions in all designated contract market 
products that share substantially identical terms with the contracts 
enumerated in regulation 150.2 for the purposes of ascertaining 
compliance with the Federal speculative position limits.
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    \1\ 17 CFR 150.2.
    \2\ 72 FR 65783 (November 21, 2007).
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    By letter dated December 7, 2007, the National Grain and Feed 
Association, an association representing companies that utilize 
exchange traded agricultural contracts to manage price and inventory 
risks,\3\ and by letter dated December 14, 2007, the American Bakers 
Association, an association representing the interests of the wholesale 
baking industry,\4\ requested an extension of the comment period to 
better develop a response to Commission's proposed amendments. While 
the Commission has received commentary on the proposed amendments,\5\ 
it believes that it would be appropriate to reopen the comment period 
to ensure that an adequate opportunity is provided for the submission 
of additional meaningful and substantive comments. Accordingly, the 
Commission has determined to reopen the comment period for the proposed 
amendments to regulation 150.2 to January 21, 2008. The Commission 
notes that it will give full consideration to any comment received in 
the interval between the closing and reopening of the comment period 
for the proposed amendments.
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    \3\ Letter from Rod Clark, Chair, Risk Management Committee, 
National Grain and Feed Association, to David A. Stawick, Secretary 
of the Commission (December 7, 2007) (on file with the Commission).
    \4\ Letter from Lee Sanders, Senior Vice President, Government 
Relations & Public Affairs, Corporate Secretary, American Bakers 
Association, to David A. Stawick, Secretary of the Commission 
(December 14, 2007) (on file with the Commission).
    \5\ Comment File: 07-014, available at http://www.cftc.gov/
lawandregulation/federalregister/federalregistercomments/2007/07-
014.html.

    Issued in Washington, DC, on December 21, 2007 by the 
Commission.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E7-25344 Filed 12-28-07; 8:45 am]
BILLING CODE 6351-01-P