Market regulation · 23/09/1996

Chicago Mercantile Exchange Application for Designation as a Contract Market in Ninety Percent Lean Boneless Futures, and a Proposal To Amend and To Recommence Trading in the Dormant Fifty Percent Lean Boneless Beef Trimmings Futures Contract

The Chicago Mercantile Exchange (CME or Exchange) has applied for designation as a futures contract market in a ninety percent lean boneless beef. In addition, the CME has submitted a proposal to amend its dormant fifty percent lean boneless beef trimmings futures contract and has filed a request to list new contract months for trading in that contract. The Acting Director of the Division of Economic Analysis (Division) of the Commission, acting pursuant to the authority delegated by Commission Regulation 140.96, has determined that publication of the proposals for comment is in the public interest, will assist the Commission in considering the views of interested persons, and is consistent with the purposes of the Commodity Exchange Act.