83 FR 9426 - Annual Adjustment of Civil Monetary Penalties to Reflect Inflation-2018
COMMODITY FUTURES TRADING COMMISSION Federal Register Volume 83, Issue 44 (March 6, 2018)
Federal Register Volume 83, Issue 44 (March 6, 2018)
| Page Range | 9426-9429 | |
| FR Document | 2018-04480 |
[Federal Register Volume 83, Number 44 (Tuesday, March 6, 2018)] [Rules and Regulations] [Pages 9426-9429] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-04480] ======================================================================= ----------------------------------------------------------------------- COMMODITY FUTURES TRADING COMMISSION 17 CFR Part 143 RIN 3038-AE58 Annual Adjustment of Civil Monetary Penalties to Reflect Inflation--2018 AGENCY: Commodity Futures Trading Commission. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: The Commodity Futures Trading Commission (Commission) is amending Rule 143.8, its rule that governs the maximum amount of civil monetary penalties, to adjust for inflation. This rule sets forth the maximum, inflation-adjusted dollar amount for civil monetary penalties (CMPs) assessable for violations of the Commodity Exchange Act (CEA) and Commission rules, regulations and orders thereunder. The rule, as amended, implements the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended. DATES: This rule is effective on March 6, 2018 and is applicable to penalties assessed after March 6, 2018. FOR FURTHER INFORMATION CONTACT: Edward J. Riccobene, Associate Chief Counsel, Division of Enforcement, at (202) 418-5327 or ericcobene@cftc.gov, Commodity Futures Trading Commission, 1155 21st Street NW, Washington, DC 20581. SUPPLEMENTARY INFORMATION: I. Background The Federal Civil Penalties Inflation Adjustment Act of 1990 (FCPIAA) \1\ requires the head of each Federal agency to periodically adjust for inflation the minimum and maximum amount of CMPs provided by law within the jurisdiction of that agency.\2\ A 2015 amendment to the FCPIAA \3\ required agencies to make an initial ``catch-up'' adjustment to its civil monetary penalties effective no later than August 1, 2016.\4\ For every year thereafter effective not later than January 15, the FCPIAA, as amended, requires agencies to make annual adjustments for inflation, with guidance from the Director of the Office of Management and Budget.\5\ --------------------------------------------------------------------------- \1\ The FCPIAA, Public Law 101-410 (1990), as amended, is codified at 28 U.S.C. 2461 note. The FCPIAA states that the purpose of the FCPIAA is to establish a mechanism that (1) allows for regular adjustment for inflation of civil monetary penalties; (2) maintains the deterrent effect of civil monetary penalties and promote compliance with the law; and (3) improves the collection by the Federal Government of civil monetary penalties. \2\ For the relevant CMPs within the Commission's jurisdiction, the Act provides only for maximum amounts that can be assessed for each violation of the Act or the rules, regulations and orders promulgated thereunder; the Act does not set forth any minimum penalties. Therefore, the remainder of this release will refer only to CMP maximums. \3\ Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, Public Law 114-74, 129 Stat. 584 (2015) (2015 Act), title VII, Section 701. \4\ FCPIAA Sections 4 and 5. See also, Adjustment of Civil Monetary Penalties for Inflation, 81 FR 41435 (June 27, 2016). \5\ FCPIAA Sections 4 and 5. See also, Executive Office of the President, Office of Management and Budget Memorandum, M-18-03, Implementation of Penalty Inflation Adjustments for 2018, Pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Dec. 15, 2017) (2017 OMB Guidance) (https://www.whitehouse.gov/wp-content/uploads/2017/11/M-18-03.pdf). --------------------------------------------------------------------------- II. Commodity Exchange Act Civil Monetary Penalties The following sections of the CEA provide for CMPs that meet the FCPIAA definition \6\ and these CMPs are, therefore, subject to the inflation adjustment: Sections 6(c), 6b, and 6c of the CEA.\7\ --------------------------------------------------------------------------- \6\ FCPIAA Section 3(2). \7\ 7 U.S.C. 9, 13a-1, 13b. Criminal authorities may also seek fines for criminal violations of the CEA (see 7 U.S.C. 13, 13(c), 13(d), 13(e), and 13b). The FCPIAA does not affect the amounts of these criminal penalties. --------------------------------------------------------------------------- III. Annual Inflation Adjustment for Commodity Exchange Act Civil Monetary Penalties A. Methodology The FCPIAA annual inflation adjustment, in the context of the CFTC's CMPs, is determined by increasing the maximum penalty by a ``cost-of-living adjustment'', rounded to the nearest multiple of one dollar.\8\ Annual inflation adjustments are based on the percent change between the October Consumer Price Index for all Urban Consumers (CPI- U) preceding the date of the adjustment, and the prior year's October CPI-U.\9\ In this case, October 2017 CPI-U (246.663)/October 2015 CPI-U (241.729) = 1.02041.\10\ In order to [[Page 9427]] complete the 2018 annual adjustment, the CFTC must multiply each of its most recent CMP amounts by the multiplier, 1.02041, and round to the nearest dollar.\11\ --------------------------------------------------------------------------- \8\ FCPIAA Sections 4 and 5. \9\ FCPIAA Section 5(b)(1). \10\ The CPI-U is published by the Department of Labor. Interested parties may find the relevant Consumer Price Index on the internet. To access this information, go to the Consumer Price Index Home Page at: http://www.bls.gov/cpi/. Click the ``CPI Data/ Databases'' heading, and select ``All Urban Consumers (Current Series)'', ``Top Picks.'' Then check the box for ``U.S. All items, 1982-84=100--CUUR0000SA0'', and click the ``Retrieve data'' button. \11\ 2017 OMB Guidance at 3. --------------------------------------------------------------------------- B. Civil Monetary Penalty Adjustments Applying the FCPIAA annual inflation adjustment methodology results in the following amended CMPs: ---------------------------------------------------------------------------------------------------------------- U.S. Code citation Civil monetary penalty description Violations occurring on or after 11/02/2015 ---------------------------------------------------------------------------------------------------------------- Penalty CPI-U New amount in multiplier adjusted January 2017 penalty Final Rule amount \12\ ---------------------------------------------------------------------------------------------------------------- Civil Monetary Penalty Imposed by the Commission in an Administrative Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 9 (Section 6(c) of For any person Non- $157,892 1.02041 $161,115 the Commodity Exchange Act). other than a Manipulation registered or Attempted entity *. Manipulation. For any person Manipulation or 1,138,937 1.02041 1,162,183 other than a Attempted registered Manipulation. entity *. 7 U.S.C. 13a (Section 6b of For a registered Non- 869,757 1.02041 887,509 the Commodity Exchange Act). entity * or any Manipulation of its or Attempted directors, Manipulation. officers or employees. For a registered Manipulation or 1,138,937 1.02041 1,162,183 entity * or any Attempted of its Manipulation. directors, officers or employees. ---------------------------------------------------------------------------------------------------------------- Civil Monetary Penalty Imposed by a Federal District Court in a Civil Injunctive Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 13a-1 (Section 6c of Any Person...... Non- 173,951 1.02041 177,501 the Commodity Exchange Act). Manipulation or Attempted Manipulation. Any Person...... Manipulation or 1,138,937 1.02041 1,162,183 Attempted Manipulation. ---------------------------------------------------------------------------------------------------------------- * The term ``registered entity'' is defined in 7 U.S.C. 1a (Section 1a of the Commodity Exchange Act). The FCPIAA provides that any increase under the FCPIAA in a civil monetary penalty shall apply only to civil monetary penalties, including those whose associated violation predated such increase, which are assessed after the date the increase takes effect.\13\ Thus, the new CMP amounts established by this rulemaking shall apply to penalties assessed after March 6, 2018, for violations that occurred on or after November 2, 2015, the effective date of the FCPIAA amendment requiring annual adjustments, the 2015 Act.\14\ --------------------------------------------------------------------------- \12\ 82 FR 7643. \13\ FCPIAA Section 6. \14\ Prior Commission rulemakings to affect the required inflation adjustments referenced the date the enforcement action was filed without regard to the date of the corresponding violation. This rulemaking specifically references the date of the violation, thereby the Commission clarifies its determination that these adjusted penalties apply only with respect to violations occurring on or after November 2, 2015, the effective date of the 2015 Act. --------------------------------------------------------------------------- IV. Administrative Compliance A. Notice Requirement The FCPIAA specifically exempted from the Administrative Procedure Act (APA) the rulemakings required to implement annual inflation adjustments.\15\ ``This means that the public procedure the APA generally requires--notice, an opportunity for comment, and a delay in effective date--is not required for agencies to issue regulations implementing the annual adjustment.'' \16\ The Commission further notes that the notice and comment procedures of the APA do not apply to this rulemaking because the Commission is acting herein pursuant to statutory language that mandates that the Commission act in a nondiscretionary matter.\17\ --------------------------------------------------------------------------- \15\ FCPIAA Section 4(b)(2). \16\ 2017 OMB Guidance at 4. \17\ Lake Carriers' Ass'n v. EPA, 652 F.3d 1, 10 (DC Cir. 2011). --------------------------------------------------------------------------- B. Regulatory Flexibility Act The Regulatory Flexibility Act \18\ requires agencies with rulemaking authority to consider the impact of certain of their rules on small businesses. A regulatory flexibility analysis is only required for rules for which the agency publishes a general notice of proposed rulemaking pursuant to section 553(b) or any other law.\19\ Because, as discussed above, the Commission is not obligated by section 553(b) or any other law to publish a general notice of proposed rulemaking with respect to the revisions being made to regulation 143.8, the Commission additionally is not obligated to conduct a regulatory flexibility analysis. --------------------------------------------------------------------------- \18\ 5 U.S.C. 601-612. \19\ 5 U.S.C. 603(a). --------------------------------------------------------------------------- C. Paperwork Reduction Act The Paperwork Reduction Act of 1995 (PRA),\20\ which imposes certain requirements on Federal agencies, including the Commission, in connection with their conducting or sponsoring any collection of information as defined by the PRA, does not apply to this rule. This rule amendment does not contain information collection requirements that require the approval of the Office of Management and Budget. --------------------------------------------------------------------------- \20\ 44 U.S.C. 3507(d). --------------------------------------------------------------------------- D. Consideration of Costs and Benefits Section 15(a) of the CEA \21\ requires the Commission to consider the costs and benefits of its action before issuing a new regulation. Section 15(a) further specifies that costs and benefits shall be evaluated in light of five broad areas of market and public concern: (1) Protection of market participants and the public; (2) efficiency, [[Page 9428]] competitiveness, and financial integrity of futures markets; (3) price discovery; (4) sound risk management practices; and (5) other public interest considerations. --------------------------------------------------------------------------- \21\ 7 U.S.C. 19(a). --------------------------------------------------------------------------- The Commission believes that benefits of this rulemaking greatly outweigh the costs, if any. As the Commission understands, the statutory provisions by which it is making cost-of-living adjustments to the CMPs in regulation 143.8 were enacted to ensure that CMPs do not lose their deterrence value because of inflation. An analysis of the costs and benefits of these adjustments were made before enactment of the statutory provisions under which the Commission is operating, and limit the discretion of the Commission to the extent that there are no regulatory choices the Commission could make that would supersede the pre-enactment analysis with respect to the five factors enumerated in section 15(a), or any other factors. List of Subjects in 17 CFR Part 143 Civil monetary penalties, Claims. For the reasons set forth in the preamble, the Commodity Futures Trading Commission amends part 143 of title 17 of the Code of Federal Regulations as follows: PART 143--COLLECTION OF CLAIMS OWED THE UNITED STATES ARISING FROM ACTIVITIES UNDER THE COMMISSION'S JURISDICTION 0 1. The authority citation for part 143 continues to read as follows: Authority: 7 U.S.C. 9, 15, 9a, 12a(5), 13a, 13a-1(d), 13(a), 13b; 31 U.S.C. 3701-3720E; 28 U.S.C. 2461 note. 0 2. Revise Sec. 143.8 to read as follows: Sec. 143.8 Inflation-adjusted civil monetary penalties. (a) Statutory inflation adjustment of civil monetary penalties. The Inflation Adjustment Act of 1990, as amended, requires annual inflation adjustments to the civil monetary penalties imposed under the Commodity Exchange Act for violations that occurred on or after November 2, 2015. The Commission will publish notice of these adjusted penalty amounts in the Federal Register. The inflation adjustment is calculated by multiplying the maximum dollar amount of the civil monetary penalty for the previous calendar year by the cost-of-living inflation adjustment multiplier provided by the Office Management and Budget, which is based on the change in the Consumer Price Index, and rounding the total to the nearest dollar. Set forth in the charts in paragraph (b) of this section are the inflation adjusted penalty amounts for violations occurring on or after November 2, 2015 and the penalty amounts for violations that occurred prior to November 2, 2015. These penalty charts are also available on the Commission's website at: http://www.cftc.gov/LawRegulation/Enforcement/InflationAdjustedCivilMonetaryPenalties/index.htm. (b) 2018 inflation adjustment. The maximum amount of each civil monetary penalty in the following charts applies to penalties assessed after March 6, 2018: (1) For Non-Manipulation or Attempted Manipulation Violations: Table 1 to Paragraph (b)(1) ---------------------------------------------------------------------------------------------------------------- Date of violation and corresponding penalty Civil monetary --------------------------------------------------------------- U.S. Code citation penalty 10/23/2004 10/23/2008 10/23/2012 description through 10/22/ through 10/22/ through 11/01/ 11/02/2015 to 2008 2012 2015 present ---------------------------------------------------------------------------------------------------------------- Civil Monetary Penalty Imposed by the Commission in an Administrative Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 9 (Section 6(c) of For any person $130,000 $130,000 $140,000 $161,115 the Commodity Exchange Act). other than a registered entity \1\. 7 U.S.C. 13a (Section 6b of For a registered 625,000 675,000 700,000 887,509 the Commodity Exchange Act). entity \1\ or any of its directors, officers or employees. ---------------------------------------------------------------------------------------------------------------- Civil Monetary Penalty Imposed by a Federal District Court in a Civil Injunctive Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 13a-1 (Section 6c of Any Person...... 130,000 140,000 140,000 177,501 the Commodity Exchange Act). ---------------------------------------------------------------------------------------------------------------- \1\ The term ``registered entity'' is defined in 7 U.S.C. 1a (Section 1a of the Commodity Exchange Act). (2) For Manipulation or Attempted Manipulation Violations: Table 1 to Paragraph (b)(2) ---------------------------------------------------------------------------------------------------------------- Date of violation and corresponding penalty Civil monetary --------------------------------------------------------------- U.S. Code citation penalty 10/23/2004 05/22/2008 08/15/2011 description through 05/21/ through 08/14/ through 11/01/ 11/02/2015 to 2008 2011 2015 present ---------------------------------------------------------------------------------------------------------------- Civil Monetary Penalty Imposed by the Commission in an Administrative Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 9 (Section 6(c) of For any person $130,000 $1,000,000 $1,025,000 $1,162,183 the Commodity Exchange Act). other than a registered entity \1\. 7 U.S.C. 13a (Section 6b of For a registered 625,000 1,000,000 1,025,000 1,162,183 the Commodity Exchange Act). entity \1\ or any of its directors, officers or employees. ---------------------------------------------------------------------------------------------------------------- [[Page 9429]] Civil Monetary Penalty Imposed by a Federal District Court In a Civil Injunctive Action ---------------------------------------------------------------------------------------------------------------- 7 U.S.C. 13a-1 (Section 6c of Any Person...... 130,000 1,000,000 1,025,000 1,162,183 the Commodity Exchange Act). ---------------------------------------------------------------------------------------------------------------- \1\ The term ``registered entity'' is defined in 7 U.S.C. 1a (Section 1a of the Commodity Exchange Act). Issued in Washington, DC, on February 28, 2018, by the Commission. Robert N. Sidman, Deputy Secretary of the Commission. Note: The following appendix will not appear in the Code of Federal Regulations. Appendix to Adjustment of Civil Monetary Penalties for Inflation-- 2018--Commission Voting Summary On this matter, Chairman Giancarlo and Commissioners Quintenz and Behnam voted in the affirmative. No Commissioner voted in the negative. [FR Doc. 2018-04480 Filed 3-5-18; 8:45 am] BILLING CODE 6351-01-P
![9426 Federal Register / Vol. 83, No. 44 / Tuesday, March 6, 2018 / Rules and Regulations
(h) Installation Prohibition Issued in Burlington, Massachusetts, on amendment to the FCPIAA 3 required
After the effective date of this AD, except February 23, 2018. agencies to make an initial ‘‘catch-up’’
as part of the inspection required by Karen M. Grant, adjustment to its civil monetary
paragraph (g)(1) of this AD, do not install a Acting Manager, Engine and Propeller penalties effective no later than August
magnetic head, P/N 9520011545, with an Standards Branch, Aircraft Certification 1, 2016.4 For every year thereafter
S/N DU4621 up to and including DU5053 on Service. effective not later than January 15, the
any engine. [FR Doc. 2018–04439 Filed 3–5–18; 8:45 am] FCPIAA, as amended, requires agencies
(i) Alternative Methods of Compliance BILLING CODE 4910–13–P to make annual adjustments for
(AMOCs) inflation, with guidance from the
(1) The Manager, ECO Branch, FAA, has Director of the Office of Management
the authority to approve AMOCs for this AD, COMMODITY FUTURES TRADING and Budget.5
if requested using the procedures found in 14 COMMISSION
CFR 39.19. In accordance with 14 CFR 39.19, II. Commodity Exchange Act Civil
send your request to your principal inspector 17 CFR Part 143 Monetary Penalties
or local Flight Standards District Office, as The following sections of the CEA
appropriate. If sending information directly RIN 3038–AE58
to the manager of the ECO Branch, send it to
provide for CMPs that meet the FCPIAA
the attention of the person identified in Annual Adjustment of Civil Monetary definition 6 and these CMPs are,
paragraph (j)(1) of this AD. You may email Penalties to Reflect Inflation—2018 therefore, subject to the inflation
your request to: ANE-AD-AMOC@faa.gov. adjustment: Sections 6(c), 6b, and 6c of
(2) Before using any approved AMOC, AGENCY: Commodity Futures Trading the CEA.7
notify your appropriate principal inspector, Commission.
or lacking a principal inspector, the manager III. Annual Inflation Adjustment for
ACTION: Final rule. Commodity Exchange Act Civil
of the local flight standards district office/
certificate holding district office. SUMMARY: The Commodity Futures Monetary Penalties
(j) Related Information Trading Commission (Commission) is A. Methodology
(1) For more information about this AD, amending Rule 143.8, its rule that The FCPIAA annual inflation
contact Robert Green, Aerospace Engineer, governs the maximum amount of civil adjustment, in the context of the CFTC’s
ECO Branch, FAA, 1200 District Avenue, monetary penalties, to adjust for CMPs, is determined by increasing the
Burlington, MA 01803; phone: 781–238– inflation. This rule sets forth the maximum penalty by a ‘‘cost-of-living
7754; fax: 781–238–7199; email: maximum, inflation-adjusted dollar
robert.green@faa.gov. adjustment’’, rounded to the nearest
amount for civil monetary penalties multiple of one dollar.8 Annual
(2) Refer to MCAI European Aviation (CMPs) assessable for violations of the
Safety Agency AD 2018–0012–E, dated inflation adjustments are based on the
Commodity Exchange Act (CEA) and percent change between the October
January 16, 2018, for more information. You
may examine the MCAI in the AD docket on Commission rules, regulations and Consumer Price Index for all Urban
the internet at http://www.regulations.gov by orders thereunder. The rule, as Consumers (CPI–U) preceding the date
searching for and locating it in Docket No. amended, implements the Federal Civil of the adjustment, and the prior year’s
FAA–2018–0084. Penalties Inflation Adjustment Act of October CPI–U.9 In this case, October
1990, as amended. 2017 CPI–U (246.663)/October 2015
(k) Material Incorporated by Reference
DATES: This rule is effective on March 6, CPI–U (241.729) = 1.02041.10 In order to
(1) The Director of the Federal Register
approved the incorporation by reference 2018 and is applicable to penalties
(IBR) of the service information listed in this assessed after March 6, 2018. amounts that can be assessed for each violation of
paragraph under 5 U.S.C. 552(a) and 1 CFR FOR FURTHER INFORMATION CONTACT: the Act or the rules, regulations and orders
promulgated thereunder; the Act does not set forth
part 51. Edward J. Riccobene, Associate Chief any minimum penalties. Therefore, the remainder
(2) You must use this service information Counsel, Division of Enforcement, at of this release will refer only to CMP maximums.
as applicable to do the actions required by (202) 418–5327 or ericcobene@cftc.gov, 3 Federal Civil Penalties Inflation Adjustment Act
this AD, unless the AD specifies otherwise. Improvements Act of 2015, Public Law 114–74, 129
Commodity Futures Trading
(i) Safran Helicopter Engines Alert Stat. 584 (2015) (2015 Act), title VII, Section 701.
Mandatory Service Bulletin (MSB) A319 79 Commission, 1155 21st Street NW, 4 FCPIAA Sections 4 and 5. See also, Adjustment
4840, Version A, dated November 27, 2017. Washington, DC 20581. of Civil Monetary Penalties for Inflation, 81 FR
(ii) Safran Helicopter Engines Alert MSB SUPPLEMENTARY INFORMATION: 41435 (June 27, 2016).
5 FCPIAA Sections 4 and 5. See also, Executive
A319 79 4841, Version A, dated November
20, 2017. I. Background Office of the President, Office of Management and
(3) For Safran Helicopter Engines service Budget Memorandum, M–18–03, Implementation of
The Federal Civil Penalties Inflation Penalty Inflation Adjustments for 2018, Pursuant to
information identified in this AD, contact Adjustment Act of 1990 (FCPIAA) 1 the Federal Civil Penalties Inflation Adjustment Act
Safran Helicopter Engines, S.A., 40220
requires the head of each Federal agency Improvements Act of 2015 (Dec. 15, 2017) (2017
Tarnos, France; phone: (33) 05 59 74 40 00; OMB Guidance) (https://www.whitehouse.gov/wp-
fax: (33) 05 59 74 45 15. to periodically adjust for inflation the
content/uploads/2017/11/M-18-03.pdf).
(4) You may view this service information minimum and maximum amount of 6 FCPIAA Section 3(2).
at FAA, Engine & Propeller Standards CMPs provided by law within the 7 7 U.S.C. 9, 13a–1, 13b. Criminal authorities may
Branch, 1200 District Avenue, Burlington, jurisdiction of that agency.2 A 2015 also seek fines for criminal violations of the CEA
MA 01803. For information on the (see 7 U.S.C. 13, 13(c), 13(d), 13(e), and 13b). The
availability of this material at the FAA, call 1 The FCPIAA, Public Law 101–410 (1990), as FCPIAA does not affect the amounts of these
781–238–7759. amended, is codified at 28 U.S.C. 2461 note. The criminal penalties.
8 FCPIAA Sections 4 and 5.
jstallworth on DSKBBY8HB2PROD with RULES
(5) You may view this service information FCPIAA states that the purpose of the FCPIAA is
that is incorporated by reference at the to establish a mechanism that (1) allows for regular 9 FCPIAA Section 5(b)(1).
adjustment for inflation of civil monetary penalties; 10 The CPI–U is published by the Department of
National Archives and Records (2) maintains the deterrent effect of civil monetary Labor. Interested parties may find the relevant
Administration (NARA). For information on penalties and promote compliance with the law; Consumer Price Index on the internet. To access
the availability of this material at NARA, call and (3) improves the collection by the Federal this information, go to the Consumer Price Index
202–741–6030, or go to: http:// Government of civil monetary penalties. Home Page at: http://www.bls.gov/cpi/. Click the
www.archives.gov/federal-register/cfr/ibr- 2 For the relevant CMPs within the Commission’s ‘‘CPI Data/Databases’’ heading, and select ‘‘All
locations.html. jurisdiction, the Act provides only for maximum Urban Consumers (Current Series)’’, ‘‘Top Picks.’’
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TABLE 1 TO PARAGRAPH (b)(2)—Continued
Date of violation and corresponding penalty
U.S. Code citation Civil monetary penalty description 10/23/2004 05/22/2008 08/15/2011 11/02/2015
through through through to present
05/21/2008 08/14/2011 11/01/2015
Civil Monetary Penalty Imposed by a Federal District Court In a Civil Injunctive Action
7 U.S.C. 13a–1 (Section 6c of the Any Person ....................................... 130,000 1,000,000 1,025,000 1,162,183
Commodity Exchange Act).
1 The term ‘‘registered entity’’ is defined in 7 U.S.C. 1a (Section 1a of the Commodity Exchange Act).
Issued in Washington, DC, on February 28, DEPARTMENT OF HOMELAND ADDRESSES: The docket for this
2018, by the Commission. SECURITY deviation, USCG–2018–0126 is available
Robert N. Sidman, at http://www.regulations.gov. Type the
Deputy Secretary of the Commission. Coast Guard docket number in the ‘‘SEARCH’’ box
and click ‘‘SEARCH.’’ Click on Open
Note: The following appendix will not 33 CFR Part 117 Docket Folder on the line associated
appear in the Code of Federal Regulations. with this deviation.
[Docket No. USCG–2018–0126]
FOR FURTHER INFORMATION CONTACT: If
Appendix to Adjustment of Civil Drawbridge Operation Regulation; you have questions on this temporary
Monetary Penalties for Inflation— Columbia River, Vancouver, WA deviation, call or email Mr. Steven
2018—Commission Voting Summary Fischer, Bridge Administrator,
AGENCY: Coast Guard, DHS.
On this matter, Chairman Giancarlo and Thirteenth Coast Guard District;
ACTION:Notice of deviation from
Commissioners Quintenz and Behnam voted telephone 206–220–7282, email d13-pf-
drawbridge regulations.
in the affirmative. No Commissioner voted in d13bridges@uscg.mil.
the negative. SUMMARY: The Coast Guard has issued a SUPPLEMENTARY INFORMATION: BNSF,
[FR Doc. 2018–04480 Filed 3–5–18; 8:45 am] temporary deviation from the operating bridge owner, requested that the BNSF
BILLING CODE 6351–01–P schedule that governs the Burlington Swing Bridge across the Columbia
Northern Santa Fe (BNSF) Railway River, mile 105.6, remain in the closed-
Bridge across the Columbia River, mile to-navigation position to marine vessel
105.6, at Vancouver, WA. The deviation traffic for maintenance and component
is necessary to accommodate replacement activities. The BNSF Swing
maintenance and replacement of various Bridge provides 39 feet of vertical
bridge components. This deviation clearance above Columbia River Datum
allows the bridge to remain in the 0.0 while in the closed-to-navigation
closed-to-navigation position during position. This deviation allows the
maintenance activities. BNSF Swing Bridge to remain in the
DATES: This deviation is effective from closed-to-navigation position, and need
8 a.m. on March 5, 2018 to 4 p.m. on not open for maritime traffic as listed in
March 14, 2018. the table below:
Time/date start Time/date end Action
8 a.m. Mar 5, 2018 ............................................. 4 p.m. Mar 5, 2018 .......................................... span in the closed-to-navigation position.
8 a.m. Mar 6, 2018 ............................................. 4 p.m. Mar 6, 2018 .......................................... span in the closed-to-navigation position.
8 a.m. Mar 7, 2018 ............................................. 4 p.m. Mar 7, 2018 .......................................... span in the closed-to-navigation position.
8 a.m. Mar 8, 2018 ............................................. 4 p.m. Mar 8, 2018 .......................................... span in the closed-to-navigation position.
8 a.m. Mar 9, 2018 ............................................. 4 p.m. Mar 9, 2018 .......................................... span in the closed-to-navigation position.
8 a.m. Mar 12, 2018 ........................................... 4 p.m. Mar 12, 2018 ........................................ span in the closed-to-navigation position.
8 a.m. Mar 13, 2018 ........................................... 4 p.m. Mar 13, 2018 ........................................ span in the closed-to-navigation position.
8 a.m. Mar 14, 2018 ........................................... 4 p.m. Mar 14, 2018 ........................................ span in the closed-to-navigation position.
The subject bridge operates in bridge will be able to open for Notices to Mariners of the change in
accordance with 33 CFR 117.5. The emergencies during this closure period operating schedule for the bridge so that
bridge shall operate in accordance to 33 if a one hour notice is given except on vessels can arrange their transits to
CFR 117.5 at all other times. March 6, 2018 and March 8, 2018, and minimize any impact caused by the
Waterway usage on this part of the there is no immediate alternate route for temporary deviation.
vessels to pass. We contacted known
jstallworth on DSKBBY8HB2PROD with RULES
Columbia River includes vessels ranging In accordance with 33 CFR 117.35(e),
from large ships to commercial tug and river users, and requested objections to the drawbridge must return to its regular
tow vessels to recreational pleasure craft reschedule BNSF’s maintenance period. operating schedule immediately at the
including cabin cruisers and sailing We have not received any objections to end of the designated time period. This
vessels. Vessels able to pass through the this deviation. The Coast Guard will deviation from the operating regulations
bridge in the closed-to-navigation also inform the users of the waterways is authorized under 33 CFR 117.35.
position may do so at any time. The through our Local and Broadcast
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Document Created: 2018-11-01 08:48:46
Document Modified: 2018-11-01 08:48:46
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Rules and Regulations | |
| Action | Final rule. | |
| Dates | This rule is effective on March 6, 2018 and is applicable to penalties assessed after March 6, 2018. | |
| Contact | Edward J. Riccobene, Associate Chief Counsel, Division of Enforcement, at (202) 418-5327 or [email protected], Commodity Futures Trading Commission, 1155 21st Street NW, Washington, DC 20581. | |
| FR Citation | 83 FR 9426 | |
| RIN Number | 3038-AE58 | |
| CFR Associated | Civil Monetary Penalties and Claims |
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