Commodity Futures Trading Commission February 8, 2005 – Federal Register Recent Federal Regulation Documents

On February 4, 2003, in response to a petition from the New York Mercantile Exchange, Inc. (``NYMEX'' or ``Exchange'') the Commodity Futures Trading Commission (``Commission''), issued an order \1\ pursuant to Section 1a(12)(C) of the Commodity Exchange Act (``Act''). The order provides that, subject to certain conditions, Exchange floor brokers and floor traders (collectively referred to hereafter as ``floor members'') who are registered with the Commission, when acting in a proprietary trading capacity, shall be deemed to be ``eligible contract participants'' as that term is defined in Section 1a(12) of the Act. The order (hereafter the ``original order'' or the ``ECP Order'') is effective for a two-year period and thus will expire on February 4, 2005.