Federal Register / Vol. 89, No. 38 / Monday, February 26, 2024 / Proposed Rules 14007 

1 17 CFR 145.9. 

2See ‘‘CFTC to Hold a Commission Open Meeting 

on December 13,’’ CFTC Rel. No. 8830–23 (Dec. 6, 

2023) available at https://www.cftc.gov/PressRoom/ 

PressReleases/8830-23. 

3See ‘‘CFTC Approves Two Proposals and a DCO 

Application,’’ CFTC Rel. No. 8838–23 (Dec. 18, 

2023), available at https://www.cftc.gov/Press

Room/PressReleases/8838-23. The ORF NPRM was 

subsequently published in the Federal Register on 

January 24, 2024. See Operational Resilience 

Framework for Futures Commission Merchants, 

Swap Dealers, and Major Swap Participants, 89 FR 

4706 (Jan. 24, 2024). 

4See Letter from Kyle Brandon, Managing 

Director, Head of Derivatives at the Securities 

Industry and Financial Markets Association 

(SIFMA), on behalf of the Futures Industry 

Association (FIA), the Institute of International 

Bankers (IIB), the International Swaps and 

Derivatives Association (ISDA), and SIFMA (Jan. 

24, 2024) (requesting a 30 day extension to the 

comment period), available at https://comments.

cftc.gov/PublicComments/ViewComment.aspx?id=

73231&SearchText. 

Issued in Fort Worth, Texas, on February 

21, 2024. 

Martin A. Skinner, 

Acting Manager, Operations Support Group, 

ATO Central Service Center. 

[FR Doc. 2024–03833 Filed 2–23–24; 8:45 am] 

BILLING CODE 4910–13–P 

COMMODITY FUTURES TRADING 

COMMISSION 

17 CFR Parts 1 and 23 

RIN 3038–AF23 

Operational Resilience Framework for 

Futures Commission Merchants, Swap 

Dealers, and Major Swap Participants 

AGENCY: Commodity Futures Trading 

Commission. 

ACTION: Extension of comment period. 

SUMMARY: On December 18, 2023, the 

Commodity Futures Trading 

Commission (Commission) issued a 

notice of proposed rulemaking (NPRM) 

titled Operational Resilience Framework 

for Futures Commission Merchants, 

Swap Dealers, and Major Swap 

Participants. The comment period for 

the NPRM was to close on March 2, 

2024. The Commission is extending the 

comment period for this NPRM by an 

additional 30 days to April 1, 2024. 

DATES: The comment period for the 

NPRM titled Operational Resilience 

Framework for Futures Commission 

Merchants, Swap Dealers, and Major 

Swap Participants is extended through 

April 1, 2024. 

ADDRESSES: You may submit comments, 

identified by RIN 3038–AF23, by any of 

the following methods: 

• CFTC Comments Portal: https://

comments.cftc.gov. Select the ‘‘Submit 

Comments’’ link for this rulemaking and 

follow the instructions on the Public 

Comment Form. 

• Mail: Send to Christopher 

Kirkpatrick, Secretary of the 

Commission, Commodity Futures 

Trading Commission, Three Lafayette 

Centre, 1155 21st Street NW, 

Washington, DC 20581. 

• Hand Delivery/Courier: Follow the 

same instructions as for Mail, above. 

Please submit your comments using 

only one of these methods. Submissions 

through the CFTC Comments Portal are 

encouraged. 

All comments must be submitted in 

English, or if not, accompanied by an 

English translation. Comments will be 

posted as received to https://comments.

cftc.gov. You should submit only 

information that you wish to make 

available publicly. If you wish the 

Commission to consider information 

that you believe is exempt from 

disclosure under the Freedom of 

Information Act (FOIA), a petition for 

confidential treatment of the exempt 

information may be submitted according 

to the procedures established in § 145.9 

of the Commission’s regulations.1

The Commission reserves the right, 

but shall have no obligation, to review, 

pre-screen, filter, redact, refuse, or 

remove any or all of your submission 

from https://comments.cftc.gov that it 

may deem to be inappropriate for 

publication, such as obscene language. 

All submissions that have been redacted 

or removed that contain comments on 

the merits of the rulemaking will be 

retained in the public comment file and 

will be considered as required under the 

Administrative Procedure Act and other 

applicable laws, and may be accessible 

under the FOIA. 

FOR FURTHER INFORMATION CONTACT: 

Amanda L. Olear, Director, at 202–418– 

5283 or aolear@cftc.gov; Pamela 

Geraghty, Deputy Director, at 202–418– 

5634 or pgeraghty@cftc.gov; Fern 

Simmons, Associate Director, at 202– 

418–5901 or fsimmons@cftc.gov; Elise 

Bruntel, Special Counsel, at 202–418– 

5577 or ebruntel@cftc.gov; Market 

Participants Division, Commodity 

Futures Trading Commission, Three 

Lafayette Centre, 1151 21st Street NW, 

Washington, DC 20581. 

SUPPLEMENTARY INFORMATION: On 

December 13, 2023, the Commission 

approved an NPRM proposing to require 

that futures commission merchants, 

swap dealers, and major swap 

participants establish, document, 

implement, and maintain an 

Operational Resilience Framework 

(ORF) reasonably designed to identify, 

monitor, manage, and assess risks 

relating to information and technology 

security, third-party relationships, and 

emergencies or other significant 

disruptions to normal business 

operations.2 The framework would 

include three components—an 

information and technology security 

program, a third-party relationship 

program, and a business continuity and 

disaster recovery plan—supported by 

broad requirements relating to 

governance, training, testing, and 

recordkeeping. The proposed rule 

would also require certain notifications 

to the Commission and customers or 

counterparties. The Commission further 

proposed guidance relating to the 

management of risks stemming from 

third-party relationships. 

The ORF NPRM was published on the 

Commission’s website on December 18, 

2023, making it available for public 

comment through March 2, 2024, for a 

total comment period of 75 days.3 In 

response to a request from commenters, 

the Commission is extending the 

comment period for the ORF NPRM by 

an additional 30 days to April 1, 2024, 

for a total comment period of 105 days.4

This extension of the comment period 

will allow interested persons additional 

time to analyze the proposal and 

prepare their comments. 

Issued in Washington, DC, on February 21, 

2024, by the Commission. 

Christopher Kirkpatrick, 

Secretary of the Commission. 

Note: The following appendix will not 

appear in the Code of Federal Regulations. 

Appendix to Operational Resilience 

Framework for Futures Commission 

Merchants, Swap Dealers, and Major 

Swap Participants—Commission Voting 

Summary 

On this matter, Chairman Behnam and 

Commissioners Johnson, Goldsmith Romero, 

Mersinger, and Pham voted in the 

affirmative. No Commissioner voted in the 

negative. 

[FR Doc. 2024–03826 Filed 2–23–24; 8:45 am] 

BILLING CODE 6351–01–P 


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