Market regulation · 03/05/1996

Fees for Applications for Contract Market Designation, Leverage Commodity Registration and Registered Futures Association and Exchange Rule Enforcement and Financial Reviews

The Commission periodically adjusts fees charged for certain program services to assure that they accurately reflect current Commission costs. In this regard, the staff recently reviewed the Commission's actual costs of processing applications for contract market designation (17 CFR part 5, appendix B), audits of leverage transaction merchants (17 CFR part 31, appendix B) and registered futures association and exchange rule enforcement and financial reviews (17 CFR part 1, appendix B). The following fee schedule for fiscal 1996 reflects the actual costs to the Commission of providing those services during fiscal years 1993, 1994 and 1995. Accordingly, the Commission will change the fees as follows: Applications for contract market designation for a futures contract will be reduced from $9,600 to $8,300; contract market designation for an option contract will be increased from $1,600 to $1,800; contract markets that simultaneously submit designation applications for a futures and an option on that futures contract will be reduced from a combined fee of $10,000 for both to $9,200 for both; and leverage commodity registration will be maintained at $4,500. In addition, the Commission w