New York Mercantile Exchange: Proposed Amendments to the New York Harbor No. 2 Heating Oil Futures Contract

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The New York Mercantile Exchange (NYMEX or Exchange) has submitted for the Commission's approval, under Section 5a(a)(12) of the Commodity Exchange Act and Commission Rule 1.41(b), proposed amendments to its New York Harbor No. 2 heating oil futures contract. The proposed amendments relate to the dyeing and color standards and testing requirements for deliverable heating oil and would apply to all newly listed and existing contracts beginning with the August 1996 delivery month. The Acting Director of the Division of Economic Analysis (Division) of the Commission has determined that obtaining public comment on the proposed rule amendments 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. Accordingly, the Division, pursuant to the authority delegated by Commission Rule 140.96, is hereby providing notice of, and seeking comment on, the proposed rule amendments. DATES: Comments must be received on or before June 12, 1996.