[Federal Register Volume 76, Number 80 (Tuesday, April 26, 2011)]
[Proposed Rules]
[Pages 23221-23222]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-10158]
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COMMODITY FUTURES TRADING COMMISSION
17 CFR Chapter I
SECURITIES AND EXCHANGE COMMISSION
17 CFR Chapter II
[Release No. 34-64314; File No. 4-625]
Joint Public Roundtable on Issues Related to the Schedule for
Implementing Final Rules for Swaps and Security-Based Swaps Under the
Dodd-Frank Wall Street Reform and Consumer Protection Act
AGENCIES: Commodity Futures Trading Commission (``CFTC'') and
Securities and Exchange Commission (``SEC'') (each, an ``Agency,'' and
collectively, the ``Agencies'').
ACTION: Notice of roundtable discussion; request for comment.
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SUMMARY: On Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing
each day at 9:30 a.m. and ending at 4 p.m., staff of the Agencies will
hold a public roundtable meeting at which invited participants will
discuss various issues related to the schedule for implementing final
rules for swaps and security-based swaps under the Dodd-Frank Wall
Street Reform and Consumer Protection Act (the ``Act''). The discussion
will be open to the public with seating on a first-come, first-served
basis. Members of the public may also listen to the meeting by
telephone. Call-in participants should be prepared to provide their
first name, last name and affiliation. The information for the
conference call is set forth below.
U.S. Toll-Free: (866) 844-9416.
International Toll: information on international dialing
can be found at the following link: http://www.cftc.gov/PressRoom/PressReleases/internationalnumbers021811.html.
Conference ID: 1212444.
A transcript of the public roundtable discussion will be published
at http://www.cftc.gov/PressRoom/Events/2011/index.htm. The roundtable
discussion will take place each day in the Conference Center at the
CFTC's headquarters, Three Lafayette Centre, 1155 21st Street, NW.,
Washington, DC.
FOR FURTHER INFORMATION CONTACT: The CFTC's Office of Public Affairs at
(202) 418-5080 or the SEC's Office of Public Affairs at (202) 551-4120.
SUPPLEMENTARY INFORMATION: The roundtable discussion will take place on
Monday, May 2, 2011, and Tuesday, May 3, 2011, commencing each day at
9:30 a.m. and ending at 4 p.m. Members of the public who wish to
comment on the topics addressed at the discussion, or on any other
topics related to the schedule for implementing final rules for swaps
and security-based swaps under the Act, may do so via:
Paper submission to David Stawick, Secretary, Commodity
Futures Trading Commission, Three Lafayette Centre, 1155 21st Street,
NW., Washington, DC 20581, or Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission, 100 F Street, NE., Washington, DC
20549-1090; or
Electronic submission via visiting http://comments.cftc.gov/PublicComments/CommentForm.aspx?id=1000 and
submitting comments through the CFTC's Web site; and/or by e-mail to
[email protected] (all e-mails must reference the file number 4-625
in the subject field) or through the comment form available at: http://www.sec.gov/rules/other.shtml.
All submissions will be reviewed jointly by the Agencies. All
comments must be in English or be accompanied by an English
translation. All submissions provided to either Agency in any
electronic form or on paper will be published on the Web site of the
respective Agency, without review and without removal of personally
identifying information. Please submit only information that you wish
to make publicly available.
By the Commodity Futures Trading Commission.
Dated: April 20, 2011.
David A. Stawick,
Secretary.
By the Securities and Exchange Commission.
Dated: April 20, 2011.
Elizabeth M. Murphy,
Secretary.
Concurring Statement of CFTC Commissioner Scott D. O'Malia;
Implementation Roundtable Seriatim; Certainty & Transparency
I concur in supporting the Commission's roundtable on the
implementation process.
[[Page 23222]]
Along with the Chairman, I believe that our entire rulemaking
process should be as transparent as possible to the public.
Consequently, after the Roundtable is complete, I strongly recommend
that the Commission submit both a proposal on the order in which the
Commission will consider final rulemakings and a proposed
implementation plan to the Federal Register to allow the public to
comment before we begin to consider final rules. Once we receive and
review comments, a final rulemaking and implementation schedule should
be published in the Federal Register. This level of transparency will
give the market a clear picture of how the Commission intends to
proceed, and how we can be held accountable as we undertake this
massive regulatory overhaul. It will also provide the market with
certainty market participants need to make the critical investment
decisions necessary to be in compliance with the rules upon
implementation. Finally, this type of transparency will help guide the
Commission's decision regarding when to make critical investments in
advanced technology that are necessary for us to effectively oversee
the futures, options, and swaps markets.
The more thoughtful, deliberate, and transparent our sequencing and
implementation processes are, the more orderly this Commission's
regulation of the swaps market will be.
[FR Doc. 2011-10158 Filed 4-25-11; 8:45 am]
BILLING CODE 8011-01-P; 6351-01-P