Prohibitions On Market Manipulation and False Information in Subtitle B of Title VIII of The Energy Independence and Security Act of 2007, 32259-32260 [E8-12739]

Download as PDF Federal Register / Vol. 73, No. 110 / Friday, June 6, 2008 / Proposed Rules section, Congress charges the FAA with promoting safe flight of civil aircraft in air commerce by prescribing regulations for practices, methods, and procedures the Administrator finds necessary for safety in air commerce. This regulation is within the scope of that authority because it addresses an unsafe condition that is likely to exist or develop on products identified in this rulemaking action. Regulatory Findings We determined that this proposed AD would not have federalism implications under Executive Order 13132. This proposed AD would not have a substantial direct effect on the States, on the relationship between the national Government and the States, or on the distribution of power and responsibilities among the various levels of government. For the reasons discussed above, I certify this 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. You can find our regulatory evaluation and the estimated costs of compliance in the AD Docket. Applicability FEDERAL TRADE COMMISSION (c) This AD applies to all Boeing Model 737–300, –400, and –500 series airplanes, certificated in any category. 16 CFR Part 317 Unsafe Condition Prohibitions On Market Manipulation and False Information in Subtitle B of Title VIII of The Energy Independence and Security Act of 2007 Compliance SUMMARY: In a Federal Register notice issued and announced on May 1, 2008,1 and published in the Federal Register on May 7, 2008 (‘‘Notice’’),2 the Federal Trade Commission (‘‘Commission’’ or ‘‘FTC’’) requested comment on its Advance Notice of Proposed Rulemaking (‘‘ANPR’’) in connection with its rulemaking pursuant to Section 811 of the Energy Independence and Security Act of 2007 (‘‘EISA’’). The ANPR stated that comments must be submitted on or before June 6, 2008. In response to a request to extend the comment period received on May 19, 2008, the Commission has determined to extend the comment period for an additional 15 days. DATES: Comments addressing the Market Manipulation ANPR must be received on or before June 23, 2008. ADDRESSES: Comments should refer to ‘‘Market Manipulation Rulemaking, P082900’’ to facilitate the organization of comments. Comments containing material for which confidential treatment is requested must be filed in paper form, must be clearly labeled ‘‘Confidential,’’ and must comply with Commission Rule 4.9(c).3 Because paper mail in the Washington area, and specifically to the FTC, is subject to delay due to heightened security screening, please consider submitting your comments in electronic form. Comments filed in electronic form should be submitted by using the following weblink: (https:// (e) Comply with this AD within the compliance times specified, unless already done. Operational Test/Related Testing List of Subjects in 14 CFR Part 39 Air transportation, Aircraft, Aviation safety, Safety. Alternative Methods of Compliance (AMOCs) The Proposed Amendment (g)(1) The Manager, Seattle ACO, FAA, ATTN: Sue Lucier, Aerospace Engineer, Propulsion Branch, ANM–140S, 1601 Lind Avenue SW., Renton, Washington 98057– 3356; telephone (425) 917–6438; fax (425) 917–6590, has the authority to approve AMOCs for this AD, if requested using the procedures found in 14 CFR 39.19. (2) To request a different method of compliance or a different compliance time for this AD, follow the procedures in 14 CFR 39.19. Before using any approved AMOC on any airplane to which the AMOC applies, notify your appropriate principal inspector (PI) in the FAA Flight Standards District Office (FSDO), or lacking a PI, your local FSDO. 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] dwashington3 on PRODPC61 with PROPOSALS 2. The FAA amends § 39.13 by adding the following new AD: Boeing: Docket No. FAA–2008–0614; Directorate Identifier 2007–NM–351–AD. Comments Due Date (a) We must receive comments by July 21, 2008. Affected ADs (b) None. VerDate Aug<31>2005 Issued in Renton, Washington, on May 16, 2008. Ali Bahrami, Manager, Transport Airplane Directorate, Aircraft Certification Service. [FR Doc. E8–12752 Filed 6–5–08; 8:45 am] BILLING CODE 4910–13–P 11:59 Jun 05, 2008 Jkt 214001 [Project No. P082900] RIN 3084-AB12 (d) This AD results from a report of inservice occurrences of loss of fuel system suction feed capability, followed by total loss of pressure of the fuel feed system. We are issuing this AD to detect and correct failure of the engine fuel suction feed of the fuel system, which could result in dual engine flameout, inability to restart the engines, and consequent forced landing of the airplane. (f) Within 7,500 flight hours after the effective date of this AD, perform an operational test of the engine fuel suction feed of the fuel system, and perform all related testing, as applicable, before further flight, according to a method approved by the Manager, Seattle Aircraft Certification Office (ACO), FAA. One approved method is the operational test in Section 28–22–00, titled ‘‘Engine Fuel Feed System—Maintenance Practices,’’ of the Boeing 737–300/400/500 Maintenance Manual (MM); and Boeing 737– 300/400/500 Task Card B28–22–00–2B, titled ‘‘Engine Fuel Suction Feed—Operational Test,’’ dated July 12, 2006. Repeat the operational test thereafter at intervals not to exceed 7,500 flight hours. Thereafter, except as provided in paragraph (g) of this AD, no alternative procedure or repeat test intervals will be allowed. Accordingly, under the authority delegated to me by the Administrator, the FAA proposes to amend 14 CFR part 39 as follows: 32259 PO 00000 Frm 00017 Fmt 4702 Sfmt 4702 Federal Trade Commission. Extension of period to submit comments in response to the Advance Notice of Proposed Rulemaking. AGENCY: ACTION: 1 The Notice was announced in a press release on May 1, 2008, available at: (https://www.ftc.gov/ opa/2008/05/anpr.shtm.) 2 Federal Trade Commission, Prohibitions On Market Manipulation and False Information in Subtitle B of the Energy Independence and Security Act of 2007, 73 FR 25614 (May 7, 2008). 3 The comment must be accompanied by an explicit request for confidential treatment, including the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. The request will be granted or denied by the Commission’s General Counsel, consistent with applicable law and the public interest. See Commission Rule 4.9(c), 16 CFR 4.9(c). E:\FR\FM\06JNP1.SGM 06JNP1 dwashington3 on PRODPC61 with PROPOSALS 32260 Federal Register / Vol. 73, No. 110 / Friday, June 6, 2008 / Proposed Rules secure.commentworks.com/ftcmarketmanipulationANPR/)(and following the instructions on the webbased form). To ensure that the Commission considers an electronic comment, you must file it on the webbased form at the weblink (https:// secure.commentworks.com/ftcmarketmanipulationANPR/). If this notice appears at https:// www.regulations.gov, you may also file an electronic comment through that website. The Commission will consider all comments that regulations.gov forwards to it. You may also visit the FTC website at (https://www.ftc.gov/opa/ index.shtml)to read the ANPR and the news release describing it. A comment filed in paper form should include the ‘‘Market Manipulation Rulemaking, P082900’’ reference both in the text and on the envelope, and should be mailed to the following address: Federal Trade Commission, Market Manipulation Rulemaking, P.O. Box 2846, Fairfax, VA 22031-0846. This address does not accept courier or overnight deliveries. Courier or overnight deliveries should be delivered to: Federal Trade Commission/Office of the Secretary, Room H-135 (Annex G), 600 Pennsylvania Avenue, NW, Washington, DC 20580. The FTC Act and other laws the Commission administers permit the collection of public comments to consider and use in this proceeding as appropriate. The Commission will consider all timely and responsive public comments that it receives, whether filed in paper or electronic form. Comments received will be available to the public on the FTC website, to the extent practicable, at https://www.ftc.gov. As a matter of discretion, the FTC makes every effort to remove home contact information for individuals from the public comments it receives before placing those comments on the FTC website. More information, including routine uses permitted by the Privacy Act, may be found in the FTC’s privacy policy, at (https://www.ftc.gov/ ftc/privacy.htm). FOR FURTHER INFORMATION CONTACT: James Mongoven, Deputy Assistant Director of Policy & Coordination, Bureau of Competition, Federal Trade Commission, Market Manipulation Rulemaking, P.O. Box 2846, Fairfax, VA 22031-0846, (202) 326-3772. SUPPLEMENTARY INFORMATION: On May 7, 2008, the Commission published an ANPR pursuant to the authority granted to it in Section 811 of the EISA to promulgate regulations prohibiting ‘‘market manipulation’’ in the VerDate Aug<31>2005 11:59 Jun 05, 2008 Jkt 214001 petroleum industry. In that Notice, the Commission solicited comment on a variety of topics including the scope of a proposed Rule; the impact of other agencies’ extant rules against market manipulation on a proposed Rule; and the effectiveness of monetary penalties in curbing behavior proscribed by a proposed Rule. The ANPR stated that the period for submitting initial comments would close on June 6, 2008. On May 19, 2008, the Commission received a letter from counsel for the American Petroleum Institute (‘‘API’’) requesting that the Commission extend the comment deadline in the ANPR proceeding for an additional 60 days, resulting in a 90-day comment period. In its request, API advances three arguments in support of an extension of the comment period. First, API argues that additional time is needed to canvass its more than 400 members and to ‘‘consolidate and present that information for the Commission’s consideration.’’ Second, API contends that the extension is necessary to ensure that there is ‘‘sufficient time for thoughtful deliberation’’ about the ‘‘many novel and complex issues’’ addressed in the ANPR. Third, API opines that ‘‘defining ‘manipulation’ is inherently difficult and not within the Commission’s traditional antitrust or consumer protection experience,’’ and thus providing additional time to commenters will yield more carefully considered comments, which will be beneficial to the Commission as it proceeds. The Commission is sympathetic to the concerns raised by API. The Commission, however, is not persuaded that a full 60-day extension—which would triple the time allocated by the Commission for the receipt of comments—is necessary to ensure that interested parties have an adequate opportunity to prepare and submit thoughtful responses at this stage in the proceeding. The Commission believes that a 15-day extension of the initial 30day comment period should be sufficient to enable API and all other commenters to finalize and submit comments in response to the ANPR while avoiding unnecessary delay. Further, in the event that the Commission determines to issue a Notice of Proposed Rulemaking in this proceeding, interested parties will be afforded an additional period of time in which to submit comments in response to a proposed Rule. Accordingly, the Commission has determined to extend PO 00000 Frm 00018 Fmt 4702 Sfmt 4702 the comment period set forth in the ANPR until June 23, 2008.4 By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. E8–12739 Filed 6–5–08: 8:45 am] [BILLING CODE 6750–01–S] COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 150 RIN 3038–AC140 Revision of Federal Speculative Position Limits Commodity Futures Trading Commission. ACTION: Proposed rules; withdrawal. AGENCY: SUMMARY: On November 21, 2007, the Commodity Futures Trading Commission (Commission or CFTC) published a proposed rulemaking to increase the Federal speculative position limits for certain agricultural commodity contracts set out in Commission regulation 150.2 (proposed rulemaking).1 The proposed rulemaking would have increased the single-month and all-months-combined position limits for all contracts except contracts based on oats in accordance with the formula set out in Commission regulation 150.5(c). The proposed rulemaking would have also required the aggregation of traders’ positions in contracts that share substantially identical terms with regulation 150.2enumerated contracts, regardless of whether such contracts were specifically delineated in that regulation, for the purposes of ascertaining compliance with the Federal speculative position limits. For the reasons provided below, the Commission has determined to withdraw the proposed rulemaking. FOR FURTHER INFORMATION CONTACT: Donald Heitman, Senior Special Counsel, 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, email dheitman@cftc.gov; or Martin Murray, Economist, Division of Market Oversight, telephone (202) 418–5276, 4 Under Commission Rule 4.3(a), the 15-day comment period begins on Monday, June 9, 2008, the first business day after the date on which the comment period is currently scheduled to end. 16 CFR 4.3(a). 1 Revision of Federal Speculative Position Limits, 72 FR 65483 (November 21, 2007). E:\FR\FM\06JNP1.SGM 06JNP1

Agencies

[Federal Register Volume 73, Number 110 (Friday, June 6, 2008)]
[Proposed Rules]
[Pages 32259-32260]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-12739]


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FEDERAL TRADE COMMISSION

16 CFR Part 317

[Project No. P082900]
RIN 3084-AB12


Prohibitions On Market Manipulation and False Information in 
Subtitle B of Title VIII of The Energy Independence and Security Act of 
2007

AGENCY: Federal Trade Commission.

ACTION: Extension of period to submit comments in response to the 
Advance Notice of Proposed Rulemaking.

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

SUMMARY: In a Federal Register notice issued and announced on May 1, 
2008,\1\ and published in the Federal Register on May 7, 2008 
(``Notice''),\2\ the Federal Trade Commission (``Commission'' or 
``FTC'') requested comment on its Advance Notice of Proposed Rulemaking 
(``ANPR'') in connection with its rulemaking pursuant to Section 811 of 
the Energy Independence and Security Act of 2007 (``EISA''). The ANPR 
stated that comments must be submitted on or before June 6, 2008. In 
response to a request to extend the comment period received on May 19, 
2008, the Commission has determined to extend the comment period for an 
additional 15 days.
---------------------------------------------------------------------------

    \1\ The Notice was announced in a press release on May 1, 2008, 
available at: (https://www.ftc.gov/opa/2008/05/anpr.shtm.)
    \2\ Federal Trade Commission, Prohibitions On Market 
Manipulation and False Information in Subtitle B of the Energy 
Independence and Security Act of 2007, 73 FR 25614 (May 7, 2008).

DATES: Comments addressing the Market Manipulation ANPR must be 
---------------------------------------------------------------------------
received on or before June 23, 2008.

ADDRESSES: Comments should refer to ``Market Manipulation Rulemaking, 
P082900'' to facilitate the organization of comments. Comments 
containing material for which confidential treatment is requested must 
be filed in paper form, must be clearly labeled ``Confidential,'' and 
must comply with Commission Rule 4.9(c).\3\
---------------------------------------------------------------------------

    \3\ The comment must be accompanied by an explicit request for 
confidential treatment, including the factual and legal basis for 
the request, and must identify the specific portions of the comment 
to be withheld from the public record. The request will be granted 
or denied by the Commission's General Counsel, consistent with 
applicable law and the public interest. See Commission Rule 4.9(c), 
16 CFR 4.9(c).
---------------------------------------------------------------------------

    Because paper mail in the Washington area, and specifically to the 
FTC, is subject to delay due to heightened security screening, please 
consider submitting your comments in electronic form. Comments filed in 
electronic form should be submitted by using the following weblink: 
(https://

[[Page 32260]]

secure.commentworks.com/ftc-marketmanipulationANPR/)(and following the 
instructions on the web-based form). To ensure that the Commission 
considers an electronic comment, you must file it on the web-based form 
at the weblink (https://secure.commentworks.com/ftc-
marketmanipulationANPR/). If this notice appears at https://
www.regulations.gov, you may also file an electronic comment through 
that website. The Commission will consider all comments that 
regulations.gov forwards to it. You may also visit the FTC website at 
(https://www.ftc.gov/opa/index.shtml)to read the ANPR and the news 
release describing it.
    A comment filed in paper form should include the ``Market 
Manipulation Rulemaking, P082900'' reference both in the text and on 
the envelope, and should be mailed to the following address: Federal 
Trade Commission, Market Manipulation Rulemaking, P.O. Box 2846, 
Fairfax, VA 22031-0846. This address does not accept courier or 
overnight deliveries. Courier or overnight deliveries should be 
delivered to: Federal Trade Commission/Office of the Secretary, Room H-
135 (Annex G), 600 Pennsylvania Avenue, NW, Washington, DC 20580.
    The FTC Act and other laws the Commission administers permit the 
collection of public comments to consider and use in this proceeding as 
appropriate. The Commission will consider all timely and responsive 
public comments that it receives, whether filed in paper or electronic 
form. Comments received will be available to the public on the FTC 
website, to the extent practicable, at https://www.ftc.gov. As a matter 
of discretion, the FTC makes every effort to remove home contact 
information for individuals from the public comments it receives before 
placing those comments on the FTC website. More information, including 
routine uses permitted by the Privacy Act, may be found in the FTC's 
privacy policy, at (https://www.ftc.gov/ftc/privacy.htm).

FOR FURTHER INFORMATION CONTACT: James Mongoven, Deputy Assistant 
Director of Policy & Coordination, Bureau of Competition, Federal Trade 
Commission, Market Manipulation Rulemaking, P.O. Box 2846, Fairfax, VA 
22031-0846, (202) 326-3772.

SUPPLEMENTARY INFORMATION: On May 7, 2008, the Commission published an 
ANPR pursuant to the authority granted to it in Section 811 of the EISA 
to promulgate regulations prohibiting ``market manipulation'' in the 
petroleum industry. In that Notice, the Commission solicited comment on 
a variety of topics including the scope of a proposed Rule; the impact 
of other agencies' extant rules against market manipulation on a 
proposed Rule; and the effectiveness of monetary penalties in curbing 
behavior proscribed by a proposed Rule. The ANPR stated that the period 
for submitting initial comments would close on June 6, 2008.
    On May 19, 2008, the Commission received a letter from counsel for 
the American Petroleum Institute (``API'') requesting that the 
Commission extend the comment deadline in the ANPR proceeding for an 
additional 60 days, resulting in a 90-day comment period. In its 
request, API advances three arguments in support of an extension of the 
comment period. First, API argues that additional time is needed to 
canvass its more than 400 members and to ``consolidate and present that 
information for the Commission's consideration.'' Second, API contends 
that the extension is necessary to ensure that there is ``sufficient 
time for thoughtful deliberation'' about the ``many novel and complex 
issues'' addressed in the ANPR. Third, API opines that ``defining 
`manipulation' is inherently difficult and not within the Commission's 
traditional antitrust or consumer protection experience,'' and thus 
providing additional time to commenters will yield more carefully 
considered comments, which will be beneficial to the Commission as it 
proceeds.
    The Commission is sympathetic to the concerns raised by API. The 
Commission, however, is not persuaded that a full 60-day extension--
which would triple the time allocated by the Commission for the receipt 
of comments--is necessary to ensure that interested parties have an 
adequate opportunity to prepare and submit thoughtful responses at this 
stage in the proceeding. The Commission believes that a 15-day 
extension of the initial 30-day comment period should be sufficient to 
enable API and all other commenters to finalize and submit comments in 
response to the ANPR while avoiding unnecessary delay. Further, in the 
event that the Commission determines to issue a Notice of Proposed 
Rulemaking in this proceeding, interested parties will be afforded an 
additional period of time in which to submit comments in response to a 
proposed Rule. Accordingly, the Commission has determined to extend the 
comment period set forth in the ANPR until June 23, 2008.\4\
---------------------------------------------------------------------------

    \4\ Under Commission Rule 4.3(a), the 15-day comment period 
begins on Monday, June 9, 2008, the first business day after the 
date on which the comment period is currently scheduled to end. 16 
CFR 4.3(a).
---------------------------------------------------------------------------

    By direction of the Commission.

Donald S. Clark,
Secretary.
[FR Doc. E8-12739 Filed 6-5-08: 8:45 am]
[BILLING CODE 6750-01-S]
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