Chicago Mercantile Exchange Options on the Boneless Beef Trimmings, 50 Percent Lean, and Boneless Beef, 90 Percent Lean, Futures Contracts

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The Chicago Mercantile Exchange (CME or Exchange) has applied for designation as a contract market in options on the boneless beef trimmings, 50 percent lean, futures contract and options on the boneless beef, 90 percent lean, futures 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.