Commodity Futures Trading Commission March 18, 2011 – Federal Register Recent Federal Regulation Documents

On November 2, 2010, the Commodity Futures Trading Commission (``Commission'') issued in the Federal Register an advance notice of proposed rulemaking (``ANPR''). In this ANPR, the Commission requested public comment to assist it with promulgating rules and regulations to implement the disruptive practices set forth in section 4c(a) of the Commodity Exchange Act (``CEA''), as amended by section 747 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank Act''). After considering the comments that were submitted in response to the ANPR, the Commission decided not to issue any regulations at this time relating to new section 4c(a). Instead, the Commission is publishing today elsewhere in the Federal Register a proposed order interpreting new section 4c(a)(5). The Commission is also terminating the ANPR issued on November 2, 2010.

The Commodity Futures Trading Commission (``Commission'') is extending the comment period for proposed regulation 38.502(a) (``Minimum Centralized Market Trading Percentage Requirement''), in light of the recent public release of the off-market volume data referenced by the Commission in the Federal Register release for the notice of proposed rulemaking for ``Core Principles and Other Requirements for Designated Contract Markets'', 75 FR 80572 (Dec. 22, 2010). The comment period is being extended for this regulation to permit interested persons to submit comments on off-market volume data that has recently been made available to the public and to which the Commission referred in its notice of proposed rulemaking.