Regulatory Alerts2019-09-20 | 2019-20361Commodity Futures Trading Commission Proposed Rulemaking on Public Rulemaking Procedures
The Commodity Futures Trading Commission proposes to amend 17 CFR part 13 to eliminate redundant provisions governing its rulemaking process, as these are already dictated by the Administrative Procedure Act. The Commission will retain and renumber regulation 13.2 to preserve the specific procedures for filing petitions for rulemakings, which the APA does not address. This action aims to remove potentially confusing duplicative rules while maintaining a formalized, transparent process for public petitions.
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