Risk Assessment for Holding Company Systems

Federal RegisterJun 16, 1994

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SUMMARY: On March 1, 1994, The Commodity Futures Trading Commission

(``Commission'') published in the Federal Register a request for public

comment on proposed rules to implement the risk assessment provisions

of the Futures Trading Practices Act of 1992. 59 FR 9689 (March 1,

1994). The original comment period, which would have expired on May 2,

1994, was extended by the Commission for a period of sixty days. Thus,

the extended comment period expires on July 1, 1994. 59 FR 22145 (April

29, 1994). However, in order to assure a full opportunity for comment

on the issues, the Commission has determined to provide an additional

sixty-day extension of the comment period with respect to those

provisions of the proposed rules concerning the maintenance and filing

of information concerning the futures commission merchant's (``FCM'')

noncustomer accounts and those provisions requiring the maintenance and

reporting of financial information concerning an FCM's Material

Affiliated Persons (``MAPs'') required to be provided on proposed Form

1.15A.

DATES: Written comments for those provisions subject to the extension,

as set forth above, must be received on or before September 1, 1994.

Comments concerning all other provisions of the proposed rules must be

received on or before July 1, 1994.

ADDRESSES: Comments should be sent to Jean A. Webb, Secretary of the

Commission, Commodity Futures Trading Commission, 2033 K Street NW.,

Washington, DC 20581. Reference should be made to ``Proposed Risk

Assessment Rules.''

FOR FURTHER INFORMATION CONTACT: Lawrence B. Patent, Associate Chief

Counsel, or Lawrence T. Eckert, Attorney Adviser, Division of Trading

and Markets, Commodity Futures Trading Commission, 2033 K Street NW.,

Washington, DC 20581. Telephone: (202) 254-8955

SUPPLEMENTARY INFORMATION: The comment period on proposed rule 1.14 Secs.

(a)(1)(v)-(a)(1)(x), proposed rule 1.15 Secs. (a)(1)(iii),

(a)(2)(iii), (a)(3) and (a)(4) and proposed Form 1.15A is hereby

extended for an additional sixty days, to September 1, 1994. The

comment period for all other provisions of the proposed rules,

including, but not limited to, the provisions concerning maintenance

and filing of an FCM's organizational chart, information concerning

risk management policies, procedures and systems, and consolidated and

consolidating financial statements, as well as the proposed

requirements with respect to providing notice to the Commission upon

the occurrence of certain events, are not extended and the comment

period thereon will expire on July 1, 1994.

Issued in Washington, DC, on June 10, 1994, by the Commission.

Jean A. Webb,

Secretary of the Commission.

[FR Doc. 94-14515 Filed 6-15-94; 8:45 am]

BILLING CODE 6351-01-M

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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