Regulatory Flexibility Agenda, 71227-71229 [2019-26635]
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Vol. 84
Thursday,
No. 247
December 26, 2019
Part XXII
Commodity Futures Trading Commission
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Semiannual Regulatory Agenda
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Federal Register / Vol. 84, No. 247 / Thursday, December 26, 2019 / UA: Reg Flex Agenda
The
Regulatory Flexibility Act (‘‘RFA’’), 5
U.S.C. 601, et seq., includes a
requirement that each agency publish
semiannually in the Federal Register a
regulatory flexibility agenda. Such
agendas are to contain the following
elements, as specified in 5 U.S.C. 602(a):
(1) A brief description of the subject
area of any rule that the agency expects
to propose or promulgate, which is
likely to have a significant economic
impact on a substantial number of small
entities;
(2) A summary of the nature of any
such rule under consideration for each
subject area listed in the agenda, the
objectives and legal basis for the
issuance of the rule, and an approximate
schedule for completing action on any
rule for which the agency has issued a
general notice of proposed rulemaking;
and
(3) The name and telephone number
of an agency official knowledgeable
about the items listed in the agenda.
Accordingly, the Commission has
prepared an agenda of rulemakings that
SUPPLEMENTARY INFORMATION:
COMMODITY FUTURES TRADING
COMMISSION
17 CFR Ch. I
Regulatory Flexibility Agenda
Commodity Futures Trading
Commission.
ACTION: Semiannual regulatory agenda.
AGENCY:
The Commodity Futures
Trading Commission (‘‘Commission’’),
in accordance with the requirements of
the Regulatory Flexibility Act, is
publishing a semiannual agenda of
rulemakings that the Commission
expects to propose or promulgate over
the next year. The Commission
welcomes comments from small entities
and others on the agenda.
FOR FURTHER INFORMATION CONTACT:
Christopher J. Kirkpatrick, Secretary of
the Commission, (202) 418–5964,
ckirkpatrick@cftc.gov, Commodity
Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581.
SUMMARY:
it presently expects may be considered
during the course of the next year.
Subject to a determination for each rule,
it is possible as a general matter that
some of these rules may have some
impact on small entities.1 The
Commission notes also that, under the
RFA, it is not precluded from
considering or acting on a matter not
included in the regulatory flexibility
agenda, nor is it required to consider or
act on any matter that is listed in the
agenda. See 5 U.S.C. 602(d).
The Commission’s Fall 2019
regulatory flexibility agenda is included
in the Unified Agenda of Federal
Regulatory and Deregulatory Actions.
The complete Unified Agenda will be
available online at www.reginfo.gov, in
a format that offers users enhanced
ability to obtain information from the
Agenda database.
Issued in Washington, DC, on July 26,
2019, by the Commission.
Christopher J. Kirkpatrick,
Secretary of the Commission.
COMMODITY FUTURES TRADING COMMISSION—LONG-TERM ACTIONS
Title
410 ....................
Regulation Automated Trading ........................................................................................................................
COMMODITY FUTURES TRADING
COMMISSION (CFTC)
Long-Term Actions
410. Regulation Automated Trading
khammond on DSKJM1Z7X2PROD with PROPOSALS22
Regulation
Identifier No.
Sequence No.
E.O. 13771 Designation: Independent
agency.
Legal Authority: 7 U.S.C. 1a(23); 7
U.S.C. 6c(a); 7 U.S.C. 7(d); 7 U.S.C.
12(a)(5)
Abstract: On November 7, 2016, the
Commodity Futures Trading
Commission (‘‘Commission’’) approved
a supplemental notice of proposed
rulemaking for Regulation AT
(‘‘Supplemental NPRM’’). The
Supplemental NPRM modifies certain
rules proposed in the Commission’s
December 2015, notice of proposed
rulemaking (NPRM) for Regulation AT.
The Supplemental NPRM was
published in the Federal Register on
November 25, 2016, with a 90-day
comment period closing on January 24,
1 The Commission published its definition of a
‘‘small entity’’ for purposes of rulemaking
proceedings at 47 FR 18618 (April 30, 1982).
Pursuant to that definition, the Commission is not
required to list—but nonetheless does—many of the
items contained in this regulatory flexibility
agenda. See also 5 U.S.C. 602(a)(1). Moreover, for
certain items listed in this agenda, the Commission
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2017. The Commission subsequently
extended the comment period until May
1, 2017. The NPRM and Supplemental
NPRM, through a set of proposed
regulations collectively referred to as
‘‘Regulation AT,’’ would require
registration of certain market
participants that engage in proprietary
algorithmic trading; impose pre-trade
risk control, testing, and certification
requirements on market participants,
futures commission merchants, and/or
designated contract markets; and set
forth preservation and access
obligations relating to algorithmic
trading source code.
Timetable:
Action
Date
ANPRM ...............
ANPRM Comment
Period End.
09/12/13
12/11/13
FR Cite
78 FR 56542
has previously certified, under section 605 of the
RFA, 5 U.S.C. 605, that those items will not have
a significant economic impact on a substantial
number of small entities. For these reasons, the
listing of a rule in this regulatory flexibility agenda
should not be taken as a determination that the rule,
when proposed or promulgated, will in fact require
a regulatory flexibility analysis. Rather, the
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Action
ANPRM Comment
Period Extended.
ANPRM Comment
Period Extended End.
NPRM ..................
NPRM Comment
Period End.
NPRM Comment
Period Reopened.
NPRM Comment
Period Reopened End.
Supplemental
NPRM.
Supplemental
NPRM Comment Period
End.
Supplemental
NPRM Comment Period Extended.
Date
01/24/14
3038–AD52
FR Cite
79 FR 4104
02/14/14
12/17/15
03/16/16
80 FR 78824
06/10/16
81 FR 36484
06/24/16
11/25/16
81 FR 85334
01/24/17
01/26/17
82 FR 8502
Commission has chosen to publish an agenda that
includes significant and other substantive rules,
regardless of their potential impact on small
entities, to provide the public with broader notice
of new or revised regulations the Commission may
consider and to enhance the public’s opportunity to
participate in the rulemaking process.
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Federal Register / Vol. 84, No. 247 / Thursday, December 26, 2019 / UA: Reg Flex Agenda
Action
Date
Supplemental
NPRM Comment Period Extended End.
NPRM ..................
FR Cite
05/01/17
Agency Contact: Marilee Dahlman,
Phone: 202 418–5264, Email:
mdahlman@cftc.gov.
RIN: 3038–AD52
[FR Doc. 2019–26635 Filed 12–23–19; 8:45 am]
06/00/21
BILLING CODE 6351–01–P
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Regulatory Flexibility Analysis
Required: Yes.
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]]>Agencies
[Federal Register Volume 84, Number 247 (Thursday, December 26, 2019)]
[Unknown Section]
[Pages 71227-71229]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-26635]
[[Page 71227]]
Vol. 84
Thursday,
No. 247
December 26, 2019
Part XXII
Commodity Futures Trading Commission
-----------------------------------------------------------------------
Semiannual Regulatory Agenda
Federal Register / Vol. 84 , No. 247 / Thursday, December 26, 2019 /
UA: Reg Flex Agenda
[[Page 71228]]
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
17 CFR Ch. I
Regulatory Flexibility Agenda
AGENCY: Commodity Futures Trading Commission.
ACTION: Semiannual regulatory agenda.
-----------------------------------------------------------------------
SUMMARY: The Commodity Futures Trading Commission (``Commission''), in
accordance with the requirements of the Regulatory Flexibility Act, is
publishing a semiannual agenda of rulemakings that the Commission
expects to propose or promulgate over the next year. The Commission
welcomes comments from small entities and others on the agenda.
FOR FURTHER INFORMATION CONTACT: Christopher J. Kirkpatrick, Secretary
of the Commission, (202) 418-5964, [email protected], Commodity
Futures Trading Commission, Three Lafayette Centre, 1155 21st Street
NW, Washington, DC 20581.
SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act (``RFA''), 5
U.S.C. 601, et seq., includes a requirement that each agency publish
semiannually in the Federal Register a regulatory flexibility agenda.
Such agendas are to contain the following elements, as specified in 5
U.S.C. 602(a):
(1) A brief description of the subject area of any rule that the
agency expects to propose or promulgate, which is likely to have a
significant economic impact on a substantial number of small entities;
(2) A summary of the nature of any such rule under consideration
for each subject area listed in the agenda, the objectives and legal
basis for the issuance of the rule, and an approximate schedule for
completing action on any rule for which the agency has issued a general
notice of proposed rulemaking; and
(3) The name and telephone number of an agency official
knowledgeable about the items listed in the agenda.
Accordingly, the Commission has prepared an agenda of rulemakings
that it presently expects may be considered during the course of the
next year. Subject to a determination for each rule, it is possible as
a general matter that some of these rules may have some impact on small
entities.\1\ The Commission notes also that, under the RFA, it is not
precluded from considering or acting on a matter not included in the
regulatory flexibility agenda, nor is it required to consider or act on
any matter that is listed in the agenda. See 5 U.S.C. 602(d).
---------------------------------------------------------------------------
\1\ The Commission published its definition of a ``small
entity'' for purposes of rulemaking proceedings at 47 FR 18618
(April 30, 1982). Pursuant to that definition, the Commission is not
required to list--but nonetheless does--many of the items contained
in this regulatory flexibility agenda. See also 5 U.S.C. 602(a)(1).
Moreover, for certain items listed in this agenda, the Commission
has previously certified, under section 605 of the RFA, 5 U.S.C.
605, that those items will not have a significant economic impact on
a substantial number of small entities. For these reasons, the
listing of a rule in this regulatory flexibility agenda should not
be taken as a determination that the rule, when proposed or
promulgated, will in fact require a regulatory flexibility analysis.
Rather, the Commission has chosen to publish an agenda that includes
significant and other substantive rules, regardless of their
potential impact on small entities, to provide the public with
broader notice of new or revised regulations the Commission may
consider and to enhance the public's opportunity to participate in
the rulemaking process.
---------------------------------------------------------------------------
The Commission's Fall 2019 regulatory flexibility agenda is
included in the Unified Agenda of Federal Regulatory and Deregulatory
Actions. The complete Unified Agenda will be available online at
www.reginfo.gov, in a format that offers users enhanced ability to
obtain information from the Agenda database.
Issued in Washington, DC, on July 26, 2019, by the Commission.
Christopher J. Kirkpatrick,
Secretary of the Commission.
Commodity Futures Trading Commission--Long-Term Actions
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
410....................... Regulation Automated 3038-AD52
Trading.
------------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION (CFTC)
Long-Term Actions
410. Regulation Automated Trading
E.O. 13771 Designation: Independent agency.
Legal Authority: 7 U.S.C. 1a(23); 7 U.S.C. 6c(a); 7 U.S.C. 7(d); 7
U.S.C. 12(a)(5)
Abstract: On November 7, 2016, the Commodity Futures Trading
Commission (``Commission'') approved a supplemental notice of proposed
rulemaking for Regulation AT (``Supplemental NPRM''). The Supplemental
NPRM modifies certain rules proposed in the Commission's December 2015,
notice of proposed rulemaking (NPRM) for Regulation AT. The
Supplemental NPRM was published in the Federal Register on November 25,
2016, with a 90-day comment period closing on January 24, 2017. The
Commission subsequently extended the comment period until May 1, 2017.
The NPRM and Supplemental NPRM, through a set of proposed regulations
collectively referred to as ``Regulation AT,'' would require
registration of certain market participants that engage in proprietary
algorithmic trading; impose pre-trade risk control, testing, and
certification requirements on market participants, futures commission
merchants, and/or designated contract markets; and set forth
preservation and access obligations relating to algorithmic trading
source code.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
ANPRM............................... 09/12/13 78 FR 56542
ANPRM Comment Period End............ 12/11/13 .......................
ANPRM Comment Period Extended....... 01/24/14 79 FR 4104
ANPRM Comment Period Extended End... 02/14/14 .......................
NPRM................................ 12/17/15 80 FR 78824
NPRM Comment Period End............. 03/16/16 .......................
NPRM Comment Period Reopened........ 06/10/16 81 FR 36484
NPRM Comment Period Reopened End.... 06/24/16 .......................
Supplemental NPRM................... 11/25/16 81 FR 85334
Supplemental NPRM Comment Period End 01/24/17 .......................
Supplemental NPRM Comment Period 01/26/17 82 FR 8502
Extended.
[[Page 71229]]
Supplemental NPRM Comment Period 05/01/17 .......................
Extended End.
NPRM................................ 06/00/21 .......................
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Marilee Dahlman, Phone: 202 418-5264, Email:
[email protected].
RIN: 3038-AD52
[FR Doc. 2019-26635 Filed 12-23-19; 8:45 am]
BILLING CODE 6351-01-P
