View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
CFTC | RIN: 3038-AE69 | Publication ID: Fall 2018 |
Title: Annual Adjustment of Civil Monetary Penalties for Inflation--2019 | |
Abstract:
The Commodity Futures Trading Commission ("Commission") is amending rule 143.8, its rule that governs the maximum amount of CMPs, to adjust for inflation. This rule sets forth the maximum, inflation-adjusted dollar amount for CMPs assessable for violations of the Commodity Exchange Act (CEA) and Commission rules, regulations and orders there under. The rule, as amended, implements the FCPIAA. Under the FCPIAA, agencies are required to publish final rules by January 15th of every year, unless, during the preceding 12 months, the penalty was increased by an amount greater than the proposed inflation adjustment required under section 4(a) of the FCPIAA. |
|
Agency: Commodity Futures Trading Commission(CFTC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Independent agency | |
CFR Citation: 17 CFR 143.8 | |
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:
|
||||||||
Overall Description of Deadline: Agencies are required to publish final rules by January 15th of every year, unless, during the preceding 12 months, the civil monetary penalty (CMP) was increased by an amount greater than the proposed inflation adjustment required under section 4(a) Federal Civil Penalties Inflation Adjustment Act of 1990, as amended (FCPIAA). |
||||||||
Timetable:
|
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 |