View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML
CFTC RIN: 3038-AC53 Publication ID: Fall 2010 
Title: Concept Release on the Appropriate Regulatory Treatment of Event Contracts 
Abstract: The Commission has solicited comment on the appropriate regulatory treatment of financial agreements commonly referred to as event contracts. Event contracts may be based on eventualities and measures that neither derive from nor correlate to market prices or broad economic or commercial measures. The Commission’s staff has received a substantial number of requests for guidance on the propriety of trading various event contracts under the regulatory rubric of the Commodity Exchange Act. Given the substantive and practical concerns that may arise from applying federal regulation to event contracts and markets, the Commission believes that it is appropriate to consider the public’s comments in advance of issuing any definitive guidance. UPDATE: THIS ITEM IS BEING WITHDRAWN BECAUSE ELEMENTS OF THIS MATTER HAVE BEEN INCORPORATED INTO THE COMMISSION'S PART 40 RULEMAKING 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: None     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 7 USC 1 et seq,   
Legal Deadline:  None
Timetable:
Action Date FR Cite
ANPRM  05/07/2008  73 FR 25669   
ANPRM Comment Period End  07/07/2008    
Withdrawn  08/31/2010    
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Bruce Fekrat
Senior Special Counsel, Division of Market Oversight
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581
Phone:202 418-5578
Fax:202 418-5527
Email: bfekrat@cftc.gov