CFTC Issues Request For Comment Related To Its June 27, 2006, Hearing On Foreign Boards Of Trade

The Commodity Futures Trading Commission (CFTC) today approved for publication in the Federal Register a Request for Comment prior to its upcoming public hearing on the issue of what constitutes a “board of trade, exchange, or market located outside the United States” as that phrase is used in Section 4(a) of the Commodity Exchange Act (CEA). In order to generate and guide useful discussion, the Federal Register notice sets forth the central topics that the Commission would like to address at the hearing.

The hearing will begin at 9:00 a.m. on Tuesday, June 27, 2006, at the Commission’s headquarters, 1155 21st Street, N.W., Washington, D.C. All individuals or organizations wishing to appear before the Commission must submit a request to appear. Such requests must be received by June 12, 2006, and must include: the name of the individual requesting to appear; the entity that he or she represents, if any; a concise statement of interest and qualifications; and a brief summary or abstract of his or her statement. Requests to appear and supporting materials should be: mailed to the Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st Street, N.W., Washington, DC 20581, attention Office of the Secretariat; transmitted by facsimile at 202-418-5521; or transmitted electronically to [secretary@cftc.gov]. Reference should be made to “What Constitutes a Board of Trade Located Outside of the United States.”

For substantive questions on requests to appear and supporting materials, please contact David P. Van Wagner, Chief Counsel, (202) 418-5481; or Duane Andresen, Special Counsel, (202) 418-5492, CFTC Division of Market Oversight.