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CFTC RIN: 3038-AE51 Publication ID: Fall 2016 
Title: ●Annual Adjustment of Civil Monetary Penalties for Inflation 
Abstract:

The Commodity Futures Trading Commission (Commission) is amending Rule143.8, its rule that governs the maximum amount of civil monetary penalties, to adjust for inflation. This rule sets forth the maximum, inflation-adjusted dollar amount for civil monetary penalties (CMPs) assessable for violations of the Commodity Exchange Act (CEA) and Commission rules, regulations and orders thereunder.  The rule, as amended, implements the Federal Civil Penalties Inflation Adjustment Act of1990, as amended.  Under the amended Act, agencies are required to publish interim final rules by January 15, 2017, unless the amount of the prior year’s inflation adjustment is greater than the proposed inflation adjustment required under Section 4(a) of the Act.

 
Agency: Commodity Futures Trading Commission(CFTC)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: uncollected 
CFR Citation: 17 CFR section 143.8     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 7 U.S.C. 9 and 9a    7 U.S.C. 12a(5)    7 U.S.C. 13(a)    7 U.S.C. 13a-1(d)    7 U.S.C. 15    28 U.S.C. 2461 note    31 U.S.C. 3701 to 3719   
Legal Deadline:
Action Source Description Date
NPRM  Statutory    01/15/2017 

Overall Description of Deadline: Agencies are required to publish interim final rules by January 15, 2017, unless the amount of the prior year's inflation adjustment is greater than the proposed inflation adjustment required under Section 4(a) Federal Civil Penalties Inflation Adjustment Act of 1990.

Timetable:
Action Date FR Cite
Interim Final Rule  01/00/2017 
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:
Edward J. Riccobene
Associate Chief Counsel, Division of Enforcement
Commodity Futures Trading Commission
Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581
Phone:202 418-5327
Email: ericcobene@cftc.gov