{"abstract":"Commodity Futures Trading Commission (``Commission'') is proposing revisions to its Guideline on Economic and Public Interest Requirements for Contract Market Designation, 17 CFR Part 5, Appendix A (``Guideline No. 1''). Guideline No. 1 details the information that an application for contract market designation should include in order to demonstrate that the contract market meets the economic requirements for designation. The Commission recently promulgated fast-track review procedures to reduce the time for Commission review of such applications. In furtherance of these streamlining efforts, the Commission is proposing that Guideline No. 1 itself be revised to reduce any unnecessary burdens associated with the designation application. Specifically, the Commission is proposing to reorganize Guideline No. 1 into several specific application forms, making use to the extent possible of a checklist or chart format. Moreover, the Commission is clarifying that a portion of the application may make use of third- party generated materials. In addition, the Commission is clarifying the review standards for several of the designation requirements. The Commission is also proposing that a new appendix be added to Part 5 that would specify the information that should be included by a foreign board of trade seeking no-action relief to offer and to sell in the United States a futures contract on a securities index traded on that exchange.","action":"Proposed rulemaking.","agencies":[{"raw_name":"COMMODITY FUTURES TRADING COMMISSION","name":"Commodity Futures Trading Commission","id":77,"url":"https://www.federalregister.gov/agencies/commodity-futures-trading-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/77","parent_id":null,"slug":"commodity-futures-trading-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/1998/07/17/98-19113.html","cfr_references":[{"chapter":null,"citation_url":null,"part":5,"title":17}],"citation":"63 FR 38537","comment_url":null,"comments_close_on":"1998-09-15","correction_of":null,"corrections":[],"dates":"Comments must be received by September 15, 1998.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"98-19113","effective_on":null,"end_page":38544,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":null,"html_url":"https://www.federalregister.gov/documents/1998/07/17/98-19113/economic-and-public-interest-requirements-for-contract-market-designation","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/98-19113?publication_date=1998-07-17","mods_url":"https://www.govinfo.gov/metadata/granule/FR-1998-07-17/98-19113/mods.xml","not_received_for_publication":null,"page_length":8,"page_views":{"count":22,"last_updated":"2026-04-04 18:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-1998-07-17/pdf/98-19113.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"1998-07-17","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/1998/07/17/98-19113.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-09-21T07:14:39Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":38537,"subtype":null,"title":"Economic and Public Interest Requirements for Contract Market Designation","toc_doc":null,"toc_subject":null,"topics":[],"type":"Proposed Rule","volume":63}