Implementation of Additional Sanctions Against Russia and Belarus Under the Export Administration Regulations (EAR) and Refinements to Existing Controls, 71803 [C1-2024-13148]

Download as PDF 71803 Rules and Regulations Federal Register Vol. 89, No. 171 Wednesday, September 4, 2024 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. DEPARTMENT OF COMMERCE Bureau of Industry and Security 15 CFR Parts 734, 740, 744, 746 and 774 [Docket No. 240610–0156] RIN 0694–AJ67 Implementation of Additional Sanctions Against Russia and Belarus Under the Export Administration Regulations (EAR) and Refinements to Existing Controls Correction In rule document 2024–13148 beginning on page 51644 in the issue of Tuesday, June 18, 2024, make the following correction: Supplement No. 5 to Part 744 [Corrected] On page 51662, in Supplement No. 5 to Part 744, in the first column, in the twentieth line, ‘‘Ö’’ should read ‘‘(e)’’. ■ [FR Doc. C1–2024–13148 Filed 9–3–24; 8:45 am] BILLING CODE 0099–10–P COMMODITY FUTURES TRADING COMMISSION 17 CFR Parts 1, 3, 5, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 20, 23, 30, 31, 37, 41, 43, 45, 46, 49, 140, 142, 144, 145, 146, 147, 148, 149, 150, 155, 160, 162, 165, 170, and 171 ddrumheller on DSK120RN23PROD with RULES1 RIN 3038–AF09 Incorporation of Changes in the Commission’s Administrative Structure, Remove Superfluous Verbiage, and Correct Inaccurate Text Commodity Futures Trading Commission. ACTION: Final rule. AGENCY: The agency’s Divisions and Offices have been reorganized at the Chairman’s direction, and with prior SUMMARY: VerDate Sep<11>2014 17:03 Sep 03, 2024 Jkt 262001 notification to relevant congressional committees. To ensure the CFR reflects these changes, the Commodity Futures Trading Commission (Commission or CFTC) is voting to make technical changes to various provisions within its regulations in order to align with its change in administrative structure, remove superfluous verbiage, and correct inaccurate text. In addition to the administrative changes required due to the realignment, the Commission is adopting technical changes to ensure consistency in reference to Commission addresses, deleting references to positions that have changed and updating the positions to align with the current Commission structure, correct typographical errors, and other technical changes. DATES: These amendments are effective on September 4, 2024. FOR FURTHER INFORMATION CONTACT: Joan Fina, Senior Assistant General Counsel, Telephone: (202) 418–7621, Email: jfina@cftc.gov, Office of the General Counsel, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581, or John Einstman, Deputy General Counsel (General Law), Telephone: (202) 418–5337, Email: jeinstman@cftc.gov. SUPPLEMENTARY INFORMATION: I. Background An agency reorganization in November 2020 realigned key functions within the agency, including: (1) creating a new Division of Data (DOD); (2) reassigning the Executive Secretariat Branch from the Office of the Executive Director (OED) to the Office of the General Counsel (OGC); and (3) renaming and realigning the Division of Swap Dealer and Intermediary Oversight (DSIO) to the Market Participants Division (MPD) and (4) moving the Office of Customer Education and Outreach (OCEO) to the Office of Public Affairs. Technology has dramatically altered capital and commodity markets over the past few decades, and technologically induced innovations such as electronic exchanges, high-frequency trading, and exchange-traded funds have made trading faster, cheaper, more integrated, and increasingly complex. As a financial regulator in an everincreasingly sophisticated market environment, it is becoming more and PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 more crucial that the CFTC continue to focus on data and data reporting and invest in technologies necessary to keep pace with market innovation. Our oversight responsibilities are becoming highly data acquisitive and rely on the effective use of information, including through the use of algorithms and analytics to more effectively manage data to meet our regulatory objectives. The DoD was created to address the Commission’s growing data needs and to position the agency to continue to achieve its mission in accord with new technologies. There has been an unprecedented rise in retail futures, options and digital asset trading. As the agency evolves to address changing markets and market demographics, both the FinTech and customer protection efforts the Office of Customer Education and Outreach (OCEO) were realigned within the Office of Public Affairs. DSIO is responsible primarily for overseeing derivatives market participants and market intermediaries, including commodity pool operators, commodity trading advisors, futures commission merchants, introducing brokers, retail foreign exchange dealers, swap dealers, and major swap participants, as well as designated selfregulatory organizations. By restyling DSIO as MPD, the Division’s name will more succinctly reflect the scope of its responsibility regarding the Commission registrants enumerated above. The Commission’s legal compliance groups that are responsible for records, Freedom of Information Act, Sunshine Act, privacy, and transparency were divided between the Office of the General Counsel and the Executive Secretariat Branch in the Office of the Executive Director. Moving the Executive Secretariat Branch into the Office of the General Counsel ensures consistency through streamlining all legal compliance programs into one division. In addition to the changes required due to the realignment, the Commission proposes technical changes to ensure consistency in reference to addresses, deletes references to positions that have changed and updates the positions to align with the current Commission structure, correct typographical errors, and other technical changes. Section 2(a)(12) of the Commodity Exchange Act authorizes the E:\FR\FM\04SER1.SGM 04SER1

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[Federal Register Volume 89, Number 171 (Wednesday, September 4, 2024)]
[Rules and Regulations]
[Page 71803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2024-13148]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 

========================================================================


Federal Register / Vol. 89, No. 171 / Wednesday, September 4, 2024 / 
Rules and Regulations

[[Page 71803]]



DEPARTMENT OF COMMERCE

Bureau of Industry and Security

15 CFR Parts 734, 740, 744, 746 and 774

[Docket No. 240610-0156]
RIN 0694-AJ67


Implementation of Additional Sanctions Against Russia and Belarus 
Under the Export Administration Regulations (EAR) and Refinements to 
Existing Controls

Correction

    In rule document 2024-13148 beginning on page 51644 in the issue of 
Tuesday, June 18, 2024, make the following correction:

Supplement No. 5 to Part 744 [Corrected]

0
On page 51662, in Supplement No. 5 to Part 744, in the first column, in 
the twentieth line, ``[euro]'' should read ``(e)''.

[FR Doc. C1-2024-13148 Filed 9-3-24; 8:45 am]
BILLING CODE 0099-10-P
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