Derivatives Clearing Organization General Provisions and Core Principles, 32104-32105 [2019-14294]

Download as PDF 32104 Federal Register / Vol. 84, No. 129 / Friday, July 5, 2019 / Proposed Rules (ii) Within 90 days or 600 flight cycles after the effective date of this AD, whichever occurs later. (2) For Model ERJ 190–100 ECJ airplanes: Within 90 days after the effective date of this AD, revise the existing maintenance or inspection program, as applicable, to incorporate the tasks specified in Part 1— Certification Maintenance Requirements (CMR); Part 2—Airworthiness Limitation Inspections (ALI)—Structures; Part 3—Fuel System Limitation Items (FSL); and Part 4— Life Limited Items (LLI); of Appendix A— Airworthiness Limitation, of the EMBRAER Lineage 1000/1000E Maintenance Planning Guide, MPG–2928, Revision 8, dated October 10, 2018 (‘‘EMBRAER Lineage 1000/1000E MPG–2928, Revision 8’’). The initial compliance times for the tasks are at the later of the times specified in paragraphs (i)(2)(i) and (i)(2)(ii) of this AD. Accomplishing the revision required by this paragraph terminates the requirements of paragraph (g)(2) of this AD. (i) Within the applicable times specified in EMBRAER Lineage 1000/1000E MPG–2928, Revision 8. For the purposes of this AD, the initial compliance times (identified as ’’Threshold’’ or ’’T’’ in EMBRAER Lineage 1000/1000E MPG–2928, Revision 8) are expressed in ‘‘total flight cycles.’’ (ii) Within 90 days or 600 flight cycles after the effective date of this AD, whichever occurs later. jbell on DSK3GLQ082PROD with PROPOSALS (j) No Alternative Actions, Intervals, or CDCCLs After the existing maintenance or inspection program has been revised as required by paragraph (i) of this AD, no alternative actions (e.g., inspections), intervals, or CDCCLs may be used unless the actions, intervals, and CDCCLs are approved as an AMOC in accordance with the procedures specified in paragraph (k)(1) of this AD. (k) Other FAA AD Provisions (1) Alternative Methods of Compliance (AMOCs): The Manager, International Section, Transport Standards Branch, FAA, has the authority to approve AMOCs for this AD, if requested using the procedures found in 14 CFR 39.19. In accordance with 14 CFR 39.19, send your request to your principal inspector or local Flight Standards District Office, as appropriate. If sending information directly to the International Section, send it to the attention of the person identified in paragraph (l)(2) of this AD. Information may be emailed to 9-ANM-116-AMOCREQUESTS@faa.gov. (i) Before using any approved AMOC, notify your appropriate principal inspector, or lacking a principal inspector, the manager of the local flight standards district office/ certificate holding district office. (ii) AMOC letter AIR–676–18–241, dated May 14, 2018, approved previously for AD 2017–16–08, is approved as an AMOC for the corresponding provisions of this AD. (2) Contacting the Manufacturer: As of the effective date of this AD, for any requirement in this AD to obtain corrective actions from a manufacturer, the action must be accomplished using a method approved by VerDate Sep<11>2014 17:35 Jul 03, 2019 Jkt 247001 the Manager, International Section, Transport Standards Branch, FAA; or the Ageˆncia Nacional de Aviac¸a˜o Civil (ANAC); or ANAC’s authorized Designee. If approved by the ANAC Designee, the approval must include the Designee’s authorized signature. (l) Related Information (1) Refer to Mandatory Continuing Airworthiness Information (MCAI) Brazilian AD 2019–05–02, effective May 2, 2019, for related information. This MCAI may be found in the AD docket on the internet at https://www.regulations.gov by searching for and locating Docket No. FAA–2019–0519. (2) For more information about this AD, contact Krista Greer, Aerospace Engineer, International Section, Transport Standards Branch, FAA, 2200 South 216th St., Des Moines, WA 98198; telephone and fax 206– 231–3221. (3) For service information identified in this AD, contact Embraer S.A., Technical Publications Section (PC 060), Av. Brigadeiro Faria Lima, 2170—Putim—12227–901 Sa˜o Jose dos Campos—SP—Brasil; telephone +55 12 3927–5852 or +55 12 3309–0732; fax +55 12 3927–7546; email distrib@embraer.com.br; internet https://www.flyembraer.com. You may view this service information at the FAA, Transport Standards Branch, 2200 South 216th St., Des Moines, WA. For information on the availability of this material at the FAA, call 206–231–3195. Issued in Des Moines, Washington, on June 27, 2019. Dionne Palermo, Acting Director, System Oversight Division, Aircraft Certification Service. [FR Doc. 2019–14192 Filed 7–3–19; 8:45 am] BILLING CODE 4910–13–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Parts 1, 39, and 140 RIN 3038–AE66 Derivatives Clearing Organization General Provisions and Core Principles Commodity Futures Trading Commission. ACTION: Extension of comment period. AGENCY: On May 16, 2019, the Commodity Futures Trading Commission (Commission) published in the Federal Register a notice of proposed rulemaking (NPRM) titled Derivatives Clearing Organization General Provisions and Core Principles. The comment period for the NPRM closes on July 15, 2019. The Commission is extending the comment period for this NPRM by an additional 60 days. DATES: The comment period for the NPRM titled Derivatives Clearing Organization General Provisions and SUMMARY: PO 00000 Frm 00006 Fmt 4702 Sfmt 4702 Core Principles, published May 16, 2019 at 84 FR 22226, is extended through September 13, 2019. ADDRESSES: You may submit comments, identified by ‘‘Derivatives Clearing Organization General Provisions and Core Principles’’ and RIN number 3038– AE66, by any of the following methods: • CFTC Comments Portal: https:// comments.cftc.gov. Select the ‘‘Submit Comments’’ link for this rulemaking and follow the instructions on the Public Comment Form. • Mail: Send to Christopher Kirkpatrick, Secretary of the Commission, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581. • Hand Delivery/Courier: Follow the same instructions as for Mail, above. Please submit your comments using only one of these methods. To avoid possible delays with mail or in-person deliveries, submissions through the CFTC Comments Portal are encouraged. All comments must be submitted in English, or if not, accompanied by an English translation. Comments will be posted as received to https:// comments.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 (FOIA), 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 The Commission reserves the right, but shall have no obligation, to review, pre-screen, filter, redact, refuse or remove any or all of your submission from https://comments.cftc.gov that it may deem to be inappropriate for publication, such as obscene language. All submissions that have been redacted or removed that contain comments on the merits of the rulemaking will be retained in the public comment file and will be considered as required under the Administrative Procedure Act and other applicable laws, and may be accessible under the FOIA. FOR FURTHER INFORMATION CONTACT: Eileen A. Donovan, Deputy Director, 202–418–5096, edonovan@cftc.gov; Parisa Abadi, Associate Director, 202– 418–6620, pabadi@cftc.gov; Eileen R. Chotiner, Senior Compliance Analyst, 202–418–5467, echotiner@cftc.gov; Abigail S. Knauff, Special Counsel, 202– 418–5123, aknauff@cftc.gov; Division of Clearing and Risk, Commodity Futures 1 17 E:\FR\FM\05JYP1.SGM CFR 145.9. 05JYP1 Federal Register / Vol. 84, No. 129 / Friday, July 5, 2019 / Proposed Rules Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581. SUPPLEMENTARY INFORMATION: On May 16, 2019, the Commission published in the Federal Register an NPRM proposing amendments to certain regulations applicable to registered derivatives clearing organizations.2 The proposed amendments would, among other things, address certain risk management and reporting obligations, clarify the meaning of certain provisions, simplify processes for registration and reporting, and codify existing staff relief and guidance. In addition, the Commission proposed technical amendments to certain provisions, including certain delegation provisions, in other parts of its regulations. The comment period for the NPRM closes on July 15, 2019. As requested by commenters, the Commission is extending the comment period for this NPRM by an additional 60 days.3 This extension of the comment period will allow interested persons additional time to analyze the proposal and prepare their comments. Issued in Washington, DC, on June 28, 2019, by the Commission. Christopher Kirkpatrick, Secretary of the Commission. Note: The following appendix will not appear in the Code of Federal Regulations. Appendix to Derivatives Clearing Organization General Provisions and Core Principles—Commission Voting Summary On this matter, Chairman Giancarlo and Commissioners Quintenz, Behnam, Stump, and Berkovitz voted in the affirmative. No Commissioner voted in the negative. [FR Doc. 2019–14294 Filed 7–3–19; 8:45 am] BILLING CODE 6351–01–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 30 RIN 3038–AE86 Foreign Futures and Options Transactions Commodity Futures Trading Commission. ACTION: Notice of proposed rulemaking. jbell on DSK3GLQ082PROD with PROPOSALS AGENCY: 2 Derivatives Clearing Organization General Provisions and Core Principles, 84 FR 22226 (May 16, 2019). 3 See Comment Letter from CME Group Inc., Intercontinental Exchange, Inc., and Futures Industry Association (June 18, 2019), available at https://comments.cftc.gov/PublicComments/ CommentList.aspx?id=2985. VerDate Sep<11>2014 17:35 Jul 03, 2019 Jkt 247001 The Commodity Futures Trading Commission (Commission) is proposing amendments to certain provisions of its regulations governing the offer and sale of foreign futures and options to customers located in the United States of America (U.S.). The proposed amendments would codify the process by which the Commission may terminate exemptive relief issued pursuant to those regulations. DATES: Comments must be received on or before August 5, 2019. ADDRESSES: You may submit comments, identified by RIN 3038–AE86, by any of the following methods: • CFTC Comments Portal: https:// comments.cftc.gov. Select the ‘‘Submit Comments’’ link for this rulemaking and follow the instructions on the Public Comment Form. • Mail: Send to Christopher Kirkpatrick, Secretary of the Commission, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581. • Hand Delivery/Courier: Follow the same instructions as for Mail, above. Please submit your comments using only one of these methods. To avoid possible delays with mail or in-person deliveries, submissions through the CFTC Comments Portal are encouraged. All comments must be submitted in English, or if not, accompanied by an English translation. Comments will be posted as received to https:// comments.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 (FOIA), 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 The Commission reserves the right, but shall have no obligation, to review, pre-screen, filter, redact, refuse or remove any or all of your submission from https://comments.cftc.gov that it may deem to be inappropriate for publication, such as obscene language. All submissions that have been redacted or removed that contain comments on the merits of the rulemaking will be retained in the public comment file and will be considered as required under the Administrative Procedure Act and other applicable laws, and may be accessible under the FOIA. FOR FURTHER INFORMATION CONTACT: Matthew Kulkin, Director, mkulkin@ SUMMARY: cftc.gov; Frank Fisanich, Chief Counsel, ffisanich@cftc.gov; or Andrew Chapin, Associate Chief Counsel, achapin@ cftc.gov, Division of Swap Dealer and Intermediary Oversight, Commodity Futures Trading Commission, 1155 21st Street NW, Washington, DC 20581, (202) 418–5000. SUPPLEMENTARY INFORMATION: I. Background Part 30 of the Commission’s regulations governs the offer and sale of futures and option contracts traded on or subject to the regulations of a foreign board of trade (‘‘foreign futures and options’’) to customers located in the U.S.2 These regulations set forth requirements for foreign firms acting in the capacity of a futures commission merchant (FCM), introducing broker, commodity pool operator and commodity trading adviser with respect to the offer and sale of foreign futures and options to U.S. customers and are designed to ensure that such products offered and sold in the U.S. are subject to regulatory safeguards comparable to those applicable to transactions entered into on designated contract markets. In particular, requirements with respect to registration, disclosure, capital adequacy, protection of customer funds, recordkeeping and reporting, and sales practice and compliance procedures apply to the offer and sale of foreign futures and options as they do the offer and sale of domestic transactions. In formulating a regulatory program to govern the offer and sale of foreign futures and option products to customers located in the U.S., the Commission considered the desirability of ameliorating the potential impact of such a program on persons already subject to regulatory oversight abroad. Based upon this consideration, the Commission determined to permit persons located outside the U.S. and subject to a comparable regulatory structure in the jurisdiction in which they are located to seek an exemption from certain of the requirements under part 30 of the Commission’s regulations based upon compliance with the regulatory requirements of the person’s jurisdiction.3 Such an exemption may be sought pursuant to § 30.10.4 A petition for exemption pursuant to § 30.10 typically is filed on behalf of persons located and doing business outside the U.S. that seek access to U.S. customers by: (1) A governmental agency responsible for implementing 2 17 CFR part 30. Futures and Foreign Options Transactions, 52 FR 28980 (Aug. 5, 1987). 4 17 CFR 30.10. 3 Foreign 1 17 CFR 145.9. Commission regulations referred to herein are found at 17 CFR chapter I. PO 00000 Frm 00007 Fmt 4702 Sfmt 4702 32105 E:\FR\FM\05JYP1.SGM 05JYP1

Agencies

[Federal Register Volume 84, Number 129 (Friday, July 5, 2019)]
[Proposed Rules]
[Pages 32104-32105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-14294]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Parts 1, 39, and 140

RIN 3038-AE66


Derivatives Clearing Organization General Provisions and Core 
Principles

AGENCY: Commodity Futures Trading Commission.

ACTION: Extension of comment period.

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SUMMARY: On May 16, 2019, the Commodity Futures Trading Commission 
(Commission) published in the Federal Register a notice of proposed 
rulemaking (NPRM) titled Derivatives Clearing Organization General 
Provisions and Core Principles. The comment period for the NPRM closes 
on July 15, 2019. The Commission is extending the comment period for 
this NPRM by an additional 60 days.

DATES: The comment period for the NPRM titled Derivatives Clearing 
Organization General Provisions and Core Principles, published May 16, 
2019 at 84 FR 22226, is extended through September 13, 2019.

ADDRESSES: You may submit comments, identified by ``Derivatives 
Clearing Organization General Provisions and Core Principles'' and RIN 
number 3038-AE66, by any of the following methods:
     CFTC Comments Portal: https://comments.cftc.gov. Select 
the ``Submit Comments'' link for this rulemaking and follow the 
instructions on the Public Comment Form.
     Mail: Send to Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW, Washington, DC 20581.
     Hand Delivery/Courier: Follow the same instructions as for 
Mail, above.
    Please submit your comments using only one of these methods. To 
avoid possible delays with mail or in-person deliveries, submissions 
through the CFTC Comments Portal are encouraged.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
https://comments.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 (FOIA), a petition for confidential 
treatment of the exempt information may be submitted according to the 
procedures established in Sec.  145.9 of the Commission's 
regulations.\1\
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    \1\ 17 CFR 145.9.
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    The Commission reserves the right, but shall have no obligation, to 
review, pre-screen, filter, redact, refuse or remove any or all of your 
submission from https://comments.cftc.gov that it may deem to be 
inappropriate for publication, such as obscene language. All 
submissions that have been redacted or removed that contain comments on 
the merits of the rulemaking will be retained in the public comment 
file and will be considered as required under the Administrative 
Procedure Act and other applicable laws, and may be accessible under 
the FOIA.

FOR FURTHER INFORMATION CONTACT: Eileen A. Donovan, Deputy Director, 
202-418-5096, [email protected]; Parisa Abadi, Associate Director, 202-
418-6620, [email protected]; Eileen R. Chotiner, Senior Compliance 
Analyst, 202-418-5467, [email protected]; Abigail S. Knauff, Special 
Counsel, 202-418-5123, [email protected]; Division of Clearing and Risk, 
Commodity Futures

[[Page 32105]]

Trading Commission, Three Lafayette Centre, 1155 21st Street NW, 
Washington, DC 20581.

SUPPLEMENTARY INFORMATION: On May 16, 2019, the Commission published in 
the Federal Register an NPRM proposing amendments to certain 
regulations applicable to registered derivatives clearing 
organizations.\2\ The proposed amendments would, among other things, 
address certain risk management and reporting obligations, clarify the 
meaning of certain provisions, simplify processes for registration and 
reporting, and codify existing staff relief and guidance. In addition, 
the Commission proposed technical amendments to certain provisions, 
including certain delegation provisions, in other parts of its 
regulations. The comment period for the NPRM closes on July 15, 2019. 
As requested by commenters, the Commission is extending the comment 
period for this NPRM by an additional 60 days.\3\ This extension of the 
comment period will allow interested persons additional time to analyze 
the proposal and prepare their comments.
---------------------------------------------------------------------------

    \2\ Derivatives Clearing Organization General Provisions and 
Core Principles, 84 FR 22226 (May 16, 2019).
    \3\ See Comment Letter from CME Group Inc., Intercontinental 
Exchange, Inc., and Futures Industry Association (June 18, 2019), 
available at https://comments.cftc.gov/PublicComments/CommentList.aspx?id=2985.

    Issued in Washington, DC, on June 28, 2019, by the Commission.
Christopher Kirkpatrick,
Secretary of the Commission.

    Note:  The following appendix will not appear in the Code of 
Federal Regulations.

Appendix to Derivatives Clearing Organization General Provisions and 
Core Principles--Commission Voting Summary

    On this matter, Chairman Giancarlo and Commissioners Quintenz, 
Behnam, Stump, and Berkovitz voted in the affirmative. No 
Commissioner voted in the negative.

[FR Doc. 2019-14294 Filed 7-3-19; 8:45 am]
 BILLING CODE 6351-01-P
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