Federal Register / Vol. 61, No. 91 / Thursday, May 9, 1996 / Notices 21163

1While not required to become CME members,

persons applying for an ETH permit must go

through a process identical to the membership

approval process, and, upon issuance, become

subject to applicable CME rules. There are currently

ten ETH permit holders.

2The submission dated April 15 would have

required CTAs applying for ETH permits to be

registered as such with the National Futures

Association (‘‘NFA’’). The submission dated April

25 deletes the registration requirement ‘‘to allow

foreign CTAs who are not required to register with

the NFA to obtain access to GLOBEX terminals.’’

The submission states that the proposed

amendments would not affect any CTA registration

requirement.

3 Individuals would continue to be limited to

trading solely for their own accounts.

SUMMARY: The Chicago Mercantile

Exchange (‘‘CME’’) has submitted

proposed rule amendments which

would institute a six-month pilot

program to permit commodity trading

advisors (‘‘CTAs’’) to obtain GLOBEX

terminals to trade for their proprietary

accounts and the accounts that they

manage. Acting pursuant to the

authority delegated by Commission

Regulation 140.96, the Division of

Trading and Markets has determined to

publish the CME’s proposal for public

comment. The Division believes that

publication of the CME’s proposal is in

the public interest and will assist the

Commission in considering the views of

interested persons.

DATES: Comments must be received on

or before May 30, 1996.

FOR FURTHER INFORMATION CONTACT:

France M.T. Maca, Special Counsel,

Division of Trading and Markets,

Commodity Futures Trading

Commission, 1155 21st Street NW,

Washington DC 20581. Telephone: (202)

418–5482.

SUPPLEMENTARY INFORMATION:

I. Description of Proposed Rule

Amendments

By letter dated April 15, 1996, the

CME submitted proposed amendments

to CME Rules 151 and 575 pursuant to

Section 5a(a)(12) of the Commodity

Exchange Act (‘‘Act’’) and Commission

Regulation 1.41(c). Revised proposed

amendments were submitted by letter

dated April 25, 1996.

On June 25, 1992, the CME began

offering its contracts for trading through

Globex. Pursuant to CME Rule 151,

individuals may obtain an Electronic

Trading Hours (‘‘ETH’’) permit

authorizing them to trade CME contracts

for their own account on a GLOBEX

terminal without having to become CME

members.1 Under the proposed

amendments, CTA firms also could

obtain an ETH permit.2 CTAs holding an

ETH permit would be authorized to

trade for both their proprietary accounts

and the accounts they manage.3 The

proposed amendments make clear that a

CTA firm’s ETH permit could be

transferred among the CTA’s employees

with the approval of the CME

Membership Committee and board of

directors, and that all employees of the

permit holder who enter orders on

GLOBEX terminals would be subject to

applicable CME rules.

Rule 575.B currently allows CME

members to obtain cross-exchange

access to contracts listed on GLOBEX by

MATIF, the French futures exchange.

The proposed amendments would

extend this privilege to all ‘‘individuals

and firms with access to GLOBEX

terminals for trading CME contracts,’’

thus including ETH permit holders.

II. Request for Comments

Comment is requested on any aspect

of the Proposal that members of the

public believe may raise issues under

the Act or Commission regulations.

Copies of the submission and related

material are available for inspection at

the Office of the Secretariat, Commodity

Futures Trading Commission, Three

Lafayette Center, 1155 21st. Street NW,

Washington, DC 20581. Copies also may

be obtained through the Office of the

Secretariat at the above address or by

telephoning (202) 418–5100. Some

materials may be subject to confidential

treatment pursuant to 17 CFR 145.5 or

145.9.

Any person interested in submitting

written data, views, or arguments on the

proposal should send such comments to

Jean A. Webb, Secretary, Commodity

Futures Trading Commission, Three

Lafayette Center, 1155 21st Street NW,

Washington, DC 20581, by the specified

date.

Issued in Washington, DC, on May 3, 1996.

Alan L. Seifert,

Deputy Director.

[FR Doc. 96–11605 Filed 5–8–96; 8:45 am]

BILLING CODE 6351–01–P

Advisory Committee on CFTC–State

Cooperation; Meeting

This is to give notice, pursuant to

Section 10(a) of the Federal Advisory

Committee Act, 5 U.S.C. App. 2, § 10(a),

that the Commodity Futures Trading

Commission’s Advisory Committee on

CFTC–State Cooperation will conduct a

public meeting on May 21, 1996 in the

first floor hearing room (Room 1000) of

the Commission’s Washington, D.C.

Headquarters, Three Lafayette Centre,

1155 21st Street, N.W., Washington,

D.C. 20581. The meeting will begin at

9:00 a.m. and last until 12:00 noon. The

agenda will consist of the following:

Agenda

A. Part 1

1. Opening Remarks—Acting

Chairman John E. Tull, CFTC; Barbara

Pedersen Holum, Commissioner, CFTC

and Chairman, Advisory Committee on

CFTC–State Cooperation.

2. Recently appointed CFTC Director

of Enforcement, Geoffrey Aronow, will

discuss recent enforcement actions and

the future direction for the division.

3. Discussion regarding Telemarketing

Scams and the CFTC crackdown on the

publishers of commodity newsletters

which, although unregistered, are

providing investment advice.

4. Discussion of the possibilities for

use and abuse of futures trading and the

Internet.

B. Part 2

5. Discussion regarding Derivatives

and Fraud: What recent high profile

cases show about derivatives and what

can be done about it.

6. Discussion of other questions of

concern to Advisory Committee

members.

The Advisory Committee was created

by the Commodity Futures Trading

Commission for the purpose of receiving

advise and recommendations on matters

of joint concern to the States and the

Commission arising under the

Commodity Exchange Act, as amended.

The purposes and objectives of the

Advisory Committee on CFTC–State

Cooperation are more fully set forth in

the Tenth Renewal Charter of the

Advisory Committee.

The meeting is open to the public.

The Chairman of the Advisory

Committee, Commissioner Barbara

Pedersen Holum, is empowered to

conduct the meeting in a fashion that

will, in her judgment, facilitate the

orderly conduct of business. Any

member of the public who wishes to file

a written statement with the Advisory

Committee should mail a copy of the

statement to the attention of: The

Advisory Committee on CFTC–State

Cooperation c/o Commissioner Barbara

Pedersen Holum, Commodity Futures

Trading Commission, Three Lafayette

Centre, 1155 21st Street, N.W.,

Washington, D.C. 20581, before the

meeting. Members of the public who

wish to make oral statements should

also inform Commission Holum in

writing at the foregoing address at least

three business days before the meeting.

Reasonable provision will be made, if

time permits, for an oral presentation of

no more than five minutes each in

duration.
21164 Federal Register / Vol. 61, No. 91 / Thursday, May 9, 1996 / Notices

Issued by the Commission in Washington,

D.C. on May 3, 1996.

Jean A. Webb,

Secretary of the Commission.

[FR Doc. 96–11604 Filed 5–8–96; 8:45 am]

BILLING CODE 6351–01–M

DEPARTMENT OF DEFENSE

Office of the Secretary

Defense Advisory Committee on

Military Personnel Testing; Meeting

ACTION: Notice.

Pursuant to Public Law 92–463,

notice is hereby given that a meeting of

the Defense Advisory Committee on

Military Personnel Testing is scheduled

to be held from 8:30 a.m. to 4:30 p.m.

on June 20, 1996, and from 8:30 a.m. to

4:30 p.m. on June 21, 1996. The meeting

will be held at the Historic Inns of

Annapolis, 58 State Circle, Annapolis,

Maryland 21401. The purpose of the

meeting is to review planned changes

and progress in developing paper-andpencil and computerized enlistment

tests, Department of Defense’s Student

Testing Program, and renorming of the

tests. Persons desiring to make oral

presentations or submit written

statements for consideration at the

Committee meeting must contact Dr.

Jane M. Arabian, Assistant Director,

Accession Policy, Office of the Assistant

Secretary of Defense (Force Management

Policy), Room 2B271, The Pentagon,

Washington, DC 20301–4000, telephone

(703) 697–9271, no later than June 3,

1996.

Dated: May 3, 1996.

Patricia L. Toppings,

Alternate OSD Federal Register Liaison

Officer, Department of Defense.

[FR Doc. 96–11539 Filed 5–8–96; 8:45 am]

BILLING CODE 5000–04–M

National Security Education Board

Meeting

AGENCY: Office of the Assistant

Secretary of Defense, Strategy and

Requirements.

ACTION: Notice of meeting.

SUMMARY: Pursuant to Public Law 92–

463, notice is hereby given of a

forthcoming meeting of the National

Security Education Board. The purpose

of the meeting is to review and make

recommendations to the Secretary of

Defense concerning requirements

established by the David L. Boren

National Security Education Act, Title

VII of Public Law 102–183, as amended.

DATES: May 20, 1996.

ADDRESSES: The Crystal City Marriott

Hotel, 1999 Jefferson Davis Highway,

Arlington, Virginia 22202.

FOR FURTHER INFORMATION CONTACT:

Dr. Edmond J. Collier, Deputy Director,

National Security Education Program,

1101 Wilson Boulevard, Suite 1210,

Rosslyn, Virginia 22209–2248; (703)

696–1991. Electronic mail address:

collier@nsep.policy.osd.mil

SUPPLEMENTARY INFORMATION: The Board

meeting is open to the public.

Dated: May 3, 1996.

Patricia L. Toppings,

Alternate OSD Federal Register Liaison

Officer, Department of Defense.

[FR Doc. 96–11540 Filed 5–8–96; 8:45 am]

BILLING CODE 5000–04–M

Departmenf of the Army

Corps of Engineers

Coastal Engineering Research Board

(CERB)

AGENCY: U.S. Army Corps of Engineers,

DoD.

ACTION: Notice of meeting.

SUMMARY: In accordance with section

10(a)(2) of the Federal Advisory

Committee Act (Pub. L. 92–463),

announcement is made of the following

committee meeting.

Name of Committee: Coastal Engineering

Research Board (CERB).

Dates of Meeting: June 11–12, 1996

Place: U.S. Grant Hotel, San Diego,

California

Time: 8:00 a.m. to 4:30 p.m. (June 11,

1996); 8:00 a.m. to 4:00 p.m. (June 12, 1996).

FOR FURTHER INFORMATION CONTACT:

Inquiries and notice of intent to attend

the meeting may be addressed to

Colonel Bruce K. Howard, Executive

Secretary, Coastal Engineering Research

Board, U.S. Army Engineer Waterways

Experiment Station, 3909 Halls Ferry

Road, Vicksburg, Mississippi 39180–

6119.

SUPPLEMENTARY INFORMATION:

Theme: The Direction of Coastal

Engineering in the Corps and the

Resulting Impact on Research and

Development (R&D).

Proposed Agenda: The session on

June 11 will consist of a review of CERB

business, presentations on the Marine

Board Report and a review of the Report

to OMB on Shore Protection, and

presentations pertaining to the theme,

such as the Corps’ direction, coastal

engineering R&D, judicial impacts, Ports

of Los Angeles and Long Beach, the

dredging industry, academia, and

private industry.

On the morning of June 12, there will

be presentations from four action groups

formed from the CERB Task Force. The

reports consist of the Strategic Plan, the

Technical Advisory Committee, the

Public Affairs (PAO) Plan, and Critical

Linkages. These presentations will be

followed by panel presentations

concerning California activities,

specifically presentations on the Coast

of California Study, cooperative

agreement, SANDAG, California Coastal

Commission, and the Navy Project. The

after session will consist of a projects

overview and will also include

recommendations by members of the

Board.

This meeting is open to the public;

participation by the public is scheduled

for 2:30 p.m. on June 12.

The entire meeting is open to the

public subject to the following:

1. Since seating capacity of the

meeting room is limited, advance notice

of intent to attend, although not

required, is requested in order to assure

adequate arrangements.

2. Oral participation by public

attendees is encouraged during the time

scheduled on the agenda; written

statements may by submitted prior to

the meeting or up to 30 days after the

meeting.

Gregory D. Showalter,

Army Federal Register Liaison Officer.

[FR Doc. 96–11555 Filed 5–8–96; 8:45 am]

BILLING CODE 3710–PU–M

DEPARTMENT OF EDUCATION

Notice of Proposed Information

Collection Requests

AGENCY: Department of Education.

ACTION: Proposed collection; comment

request.

SUMMARY: The Director, Information

Resources Group, invites comments on

the proposed information collection

requests as required by the Paperwork

Reduction Act of 1995.

DATES: Interested persons are invited to

submit comments on or before July 8,

1996.

ADDRESSES: Written comments and

requests for copies of the proposed

information collection requests should

be addressed to Patrick J. Sherrill,

Department of Education, 600

Independence Avenue, SW., Room

5624, Regional Office Building 3,

Washington, DC 20202–4651.

FOR FURTHER INFORMATION CONTACT:

Patrick J. Sherrill (202) 708–8196.

Individuals who use a

telecommunications device for the deaf