Citrus Associates of the New York Cotton Exchange: Proposed Amendments Pertaining to Financial Requirements for Facilities Licensed for Delivery on the Frozen Concentrated Orange Juice Futures Contract

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The Citrus Associates of the New York Cotton Exchange (``CANYCE or Exchange'') has submitted proposed amendments to its frozen concentrated orange juice (``FCOJ'') futures contract. The primary proposed amendments will revise the contract's financial requirements concerning the dollar value of performance bonds or letters of credit operators of CANYCE-licensed delivery facilities must obtain in support of shipping certificates and warehouse receipts issued for delivery on the futures contract. 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 publication of the proposed amendments would be in the public interest and would assist the Commission in considering the views of interested persons. On behalf of the Commission, the Division is requesting comment on this proposal.