Coffee, Sugar & Cocoa Exchange: Proposed Amendments to the Sugar No. 11 (World Raw Sugar) Futures Contract Increasing the Minimum Daily Loading Rate for Futures Delivery Sugar and Increasing the Minimum Depth of Berths or Anchorages Required at Delivery Ports

Özet

The Coffee, Sugar & Cocoa Exchange (``CSCE'') has submitted proposed amendments to its Sugar No. 11 (world raw sugar) futures contract that would increase the minimum daily loading rate for sugar delivered against the futures contract and increase the minimum depth of berths or anchorages required at delivery ports. In accordance with Section 5a(a)(12) of the Commodity Exchange Act, and acting pursuant to the authority delegated by Commission Regulation 140.96, the Acting Director of the Division of Economic Analysis (``Division'') of the Commodity Futures Trading Commission (``Commission'') has determined, on behalf of the Commission, that the proposed amendments are of major economic significance and that publication of the proposed amendments would be in the public interest. On behalf of the Commission, the Division is requesting comment on this proposal.