Agency Information Collection Activities: Rules Relating to Regulation of Domestic Exchange-Traded Options, 36929-36930 [05-12622]
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36929
Federal Register / Vol. 70, No. 122 / Monday, June 27, 2005 / Notices
Dated: June 21, 2005.
Eldon Hout,
Director, Office of Ocean and Coastal
Resource Management, National Ocean
Service, National Oceanic Atmospheric
Administration.
[FR Doc. 05–12652 Filed 6–24–05; 8:45 am]
BILLING CODE 3510–22–P
COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Rules Relating to Regulation
of Domestic Exchange-Traded Options
Commodity Futures Trading
Commission.
AGENCY:
ACTION:
Notice.
SUMMARY: The Commodity Futures
Trading Commission (CFTC) is
announcing an opportunity for public
comment on the proposed collection of
certain information by the agency.
Under the Paperwork Reduction Act of
1995 (PRA), 44 U.S.C. 3501 et seq.,
Federal agencies are required to publish
notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, and to allow 60 days for
public comment in response to the
notice. This notice solicits comments on
rules related to risk disclosure
concerning exchanged traded
commodity options.
Comments must be submitted on
or before August 26, 2005.
DATES:
Comments may be mailed to
Lawrence B. Patent, Division of Clearing
and Intermediary Oversight, U.S.
Commodity Futures Trading
Commission, 115 21st Street, NW.,
Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT:
Lawrence B. Patent, (202) 418–5439;
FAX: (202) 418–5536; e-mail:
lpatent@cftc.gov.
SUPPLEMENTARY INFORMATION: Under the
PRA, Federal agencies must obtain
approval from the Office of Management
and Budget (OMB) for each collection of
information they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502a(3) and 5 CFR
1320.3(c) and includes agency requests
or requirements that members of the
public submit reports, keep records, or
provide information to a third party.
Section 3506(c)(2)(A) of the PRA, 44
U.S.C. 3506(c)(2)(A), requires Federal
agencies to provide a 60–day notice in
the Federal Register concerning each
proposed collection of formation,
including each proposed extension of an
existing collection of information,
before submitting the collection to OMB
for approval. To comply with this
requirement, the CFTC is publishing
notice of the proposed collection of
information listed below.
With respect to the following
collection of information, the CFTC
invites comments on:
• Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have a practical use;
ADDRESSES:
• The accuracy of the Commission’s
estimate of the burden of the proposed
collection of information, including the
validity of the methodology and
assumptions used;
• Ways to enhance the quality,
usefulness, and clarity of the
information to be collected; and
• Ways to minimize the burden of
collection of information on those who
are to respond, including through the
use of appropriate automated electronic,
mechanical, or other technological
collection techniques or other forms of
information technology; e.g., permitting
electronic submission of responses.
Rules Relating to Regulation of
Domestic Exchange-Traded Options,
OMB control number 3038–0007—
Extension
The rules require futures commission
merchants and introducing broker: (1) to
provide their customers with standard
risk disclosure statements concerning
the risk of trading commodity interests;
and (2) to retain all promotional
material and the source of authority for
information contained therein. The
purpose of these rules is to ensure that
customers are advised of the risks of
trading commodity interests and to
avoid fraud and misrepresentation. This
information collection contains the
recordkeeping and reporting
requirements needed to ensure
regulatory compliance with Commission
rules relating to this issue.
The Commission estimates the burden
of this collection of information as
follows:
ESTIMATED ANNUAL REPORTING BURDEN
Estimated no. of
respondents or
recordkeepers
per year
REGULATION
reports annually
by each respondent
15.00
175.00
2.00
115.00
30.00
20,125.00
25.00
0.08
750.00
1,610.00
REPORTING
38.3, 38.4, 40.2 and 40.3 (PROCEDURE
FOR DESIGNATION OR SELF-CERTIFICATION) .........................................
33.7—(RISK DISCLOSURE) ....................
total annual responses
estimated average number of
hours per response
estimated total
number of hours
of annual burden
in fiscal year
SUBTOTAL
(REPORTING
REQUIREMENTS) ..............................
RECORDKEEPING
33.8—(RETENTION OF PROMOTIONAL
MATERIAL) ...........................................
190.00
............................
20,155.00
............................
2,360.00
225.00
1.00
225.00
25.00
5,625.00
SUBTOTAL (RECORDKEEPING REQUIREMENTS) ..............................
............................
............................
............................
............................
............................
GRAND TOTAL (REPORTING AND
RECORDKEEPING) ......................
415.00
............................
20,380.00
............................
7,985.00
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36930
Federal Register / Vol. 70, No. 122 / Monday, June 27, 2005 / Notices
There are no capital costs or operating
and maintenance costs associated with
this collection.
Dated: June 21, 2005.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 05–12622 Filed 6–24–05; 8:45 am]
BILLING CODE 6351–01–M
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket No. CP05–386–000]
Port Barre Gas Storage and Rapiere
Resources Company; Notice of
Petition
June 20, 2005.
Take notice that on June 14, 2005,
Port Barre Gas Storage (PBGS) and
Rapiere Resources Company (Rapiere),
1539 Jackson Avenue, Suite 100, New
Orleans, Louisiana 70130, filed a
petition for Exemption of Temporary
Acts and Operations from Certificate
Requirements, pursuant to Rule
207(a)(5) of the Commission’s Rules of
Practice and Procedure (18 CFR
385.207(a)(5)), and section 7(c)(1)(B) of
the Natural Gas Act (15 U.S.C.
717(c)(1)(B)), seeking approval of an
exemption from certificate requirements
to perform temporary activities related
to drilling a test well and performing
other activities to assess the feasibility
of developing an underground natural
gas storage facility in St. Landry Parish,
Louisiana, all as more fully set forth in
the application which is on file with the
Commission and open to public
inspection. The filing may also be
viewed on the Web at https://
www.ferc.gov using the ‘‘eLibrary’’ link.
Enter the docket number excluding the
last three digits in the docket number
field to access the document. For
assistance, call (202) 502–3676 or TTY,
(202) 502–8659.
Any questions regarding the petition
should be directed to Robert D.
Edmundson, Port Barre Gas Storage,
1539 Jackson Avenue, Suite 100, New
Orleans, LA 70130, and Phone: 504–
525–7423; Fax 504–525–7420.
There are two ways to become
involved in the Commission’s review of
this project. First, any person wishing to
obtain legal status by becoming a party
to the proceedings for this project
should, on or before the comment date,
file with the Federal Energy Regulatory
Commission, 888 First Street, NE.,
Washington, DC 20426, a motion to
intervene in accordance with the
requirements of the Commission’s Rules
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18:11 Jun 24, 2005
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of Practice and Procedure (18 CFR
385.214 or 385.211) and the Regulations
under the NGA (18 CFR 157.10). A
person obtaining party status will be
placed on the service list maintained by
the Secretary of the Commission and
will receive copies of all documents
filed by the applicant and by all other
parties. A party must submit 14 copies
of filings made with the Commission
and must mail a copy to the applicant
and to every other party in the
proceeding. Only parties to the
proceeding can ask for court review of
Commission orders in the proceeding.
Persons who wish to comment only
on the environmental review of this
project, or in support of or in opposition
to this project, should submit an
original and two copies of their
comments to the Secretary of the
Commission. Environmental
commenters will be placed on the
Commission’s environmental mailing
list, will receive copies of the
environmental documents, and will be
notified of meetings associated with the
Commission’s environmental review
process. Environmental commenters
will not be required to serve copies of
filed documents on all other parties.
The Commission’s rules require that
persons filing comments in opposition
to the project provide copies of their
protests only to the applicant. However,
the non-party commenters will not
receive copies of all documents filed by
other parties or issued by the
Commission (except for the mailing of
environmental documents issued by the
Commission) and will not have the right
to seek court review of the
Commission’s final order.
The Commission strongly encourages
electronic filings of comments, protests,
and interventions via the internet in lieu
of paper. See 18 CFR 385.2001(a)(1)(iii)
and the instructions on the
Commission’s Web site (https://
www.ferc.gov) under the ‘‘e-Filing’’ link.
Comment Date: June 27, 2005.
Magalie R. Salas,
Secretary.
[FR Doc. E5–3305 Filed 6–24–05; 8:45 am]
BILLING CODE 6717–01–P
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DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Docket Nos. ER05–798–000 and ER05–798–
001]
Virtual Energy, Inc.; Notice of Issuance
of Order
June 20, 2005.
Virtual Energy, Inc. (Virtual Energy)
filed an application for market-based
rate authority, with an accompanying
rate tariff. The proposed rate tariff
provides for the sales of capacity and
energy at market-based rates. Virtual
Energy also requested waiver of various
Commission regulations. In particular,
Virtual Energy requested that the
Commission grant blanket approval
under 18 CFR Part 34 of all future
issuances of securities and assumptions
of liability by Virtual Energy.
On June 17, 2005, pursuant to
delegated authority, the Director,
Division of Tariffs and Market
Development—South, granted the
request for blanket approval under Part
34. The Director’s order also stated that
the Commission would publish a
separate notice in the Federal Register
establishing a period of time for the
filing of protests. Accordingly, any
person desiring to be heard or to protest
the blanket approval of issuances of
securities or assumptions of liability by
Virtual Energy should file a motion to
intervene or protest with the Federal
Energy Regulatory Commission, 888
First Street, NE., Washington, DC 20426,
in accordance with Rules 211 and 214
of the Commission’s Rules of Practice
and Procedure. 18 CFR 385.211, 385.214
(2004).
Notice is hereby given that the
deadline for filing motions to intervene
or protest is July 18, 2005.
Absent a request to be heard in
opposition by the deadline above,
Virtual Energy is authorized to issue
securities and assume obligations or
liabilities as a guarantor, indorser,
surety, or otherwise in respect of any
security of another person; provided
that such issuance or assumption is for
some lawful object within the corporate
purposes of Virtual Energy, compatible
with the public interest, and is
reasonably necessary or appropriate for
such purposes.
The Commission reserves the right to
require a further showing that neither
public nor private interests will be
adversely affected by continued
approval of Virtual Energy’s issuances
of securities or assumptions of liability.
Copies of the full text of the Director’s
Order are available from the
E:\FR\FM\27JNN1.SGM
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]]>Agencies
[Federal Register Volume 70, Number 122 (Monday, June 27, 2005)]
[Notices]
[Pages 36929-36930]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-12622]
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Rules Relating to
Regulation of Domestic Exchange-Traded Options
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commodity Futures Trading Commission (CFTC) is announcing
an opportunity for public comment on the proposed collection of certain
information by the agency. Under the Paperwork Reduction Act of 1995
(PRA), 44 U.S.C. 3501 et seq., Federal agencies are required to publish
notice in the Federal Register concerning each proposed collection of
information, including each proposed extension of an existing
collection of information, and to allow 60 days for public comment in
response to the notice. This notice solicits comments on rules related
to risk disclosure concerning exchanged traded commodity options.
DATES: Comments must be submitted on or before August 26, 2005.
ADDRESSES: Comments may be mailed to Lawrence B. Patent, Division of
Clearing and Intermediary Oversight, U.S. Commodity Futures Trading
Commission, 115 21st Street, NW., Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT: Lawrence B. Patent, (202) 418-5439;
FAX: (202) 418-5536; e-mail: lpatent@cftc.gov.
SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain
approval from the Office of Management and Budget (OMB) for each
collection of information they conduct or sponsor. ``Collection of
information'' is defined in 44 U.S.C. 3502a(3) and 5 CFR 1320.3(c) and
includes agency requests or requirements that members of the public
submit reports, keep records, or provide information to a third party.
Section 3506(c)(2)(A) of the PRA, 44 U.S.C. 3506(c)(2)(A), requires
Federal agencies to provide a 60-day notice in the Federal Register
concerning each proposed collection of formation, including each
proposed extension of an existing collection of information, before
submitting the collection to OMB for approval. To comply with this
requirement, the CFTC is publishing notice of the proposed collection
of information listed below.
With respect to the following collection of information, the CFTC
invites comments on:
Whether the proposed collection of information is
necessary for the proper performance of the functions of the
Commission, including whether the information will have a practical
use;
The accuracy of the Commission's estimate of the burden of
the proposed collection of information, including the validity of the
methodology and assumptions used;
Ways to enhance the quality, usefulness, and clarity of
the information to be collected; and
Ways to minimize the burden of collection of information
on those who are to respond, including through the use of appropriate
automated electronic, mechanical, or other technological collection
techniques or other forms of information technology; e.g., permitting
electronic submission of responses.
Rules Relating to Regulation of Domestic Exchange-Traded Options, OMB
control number 3038-0007--Extension
The rules require futures commission merchants and introducing
broker: (1) to provide their customers with standard risk disclosure
statements concerning the risk of trading commodity interests; and (2)
to retain all promotional material and the source of authority for
information contained therein. The purpose of these rules is to ensure
that customers are advised of the risks of trading commodity interests
and to avoid fraud and misrepresentation. This information collection
contains the recordkeeping and reporting requirements needed to ensure
regulatory compliance with Commission rules relating to this issue.
The Commission estimates the burden of this collection of
information as follows:
ESTIMATED ANNUAL REPORTING BURDEN
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated no. of estimated estimated total
respondents or reports annually total annual average number number of hours
REGULATION recordkeepers by each responses of hours per of annual burden
per year respondent response in fiscal year
--------------------------------------------------------------------------------------------------------------------------------------------------------
REPORTING
38.3, 38.4, 40.2 and 40.3 (PROCEDURE FOR DESIGNATION OR 15.00 2.00 30.00 25.00 750.00
SELF-CERTIFICATION)......................................
33.7--(RISK DISCLOSURE)................................... 175.00 115.00 20,125.00 0.08 1,610.00
-------------------
SUBTOTAL (REPORTING REQUIREMENTS)..................... 190.00 ................ 20,155.00 ................ 2,360.00
RECORDKEEPING
33.8--(RETENTION OF PROMOTIONAL MATERIAL)................. 225.00 1.00 225.00 25.00 5,625.00
-------------------
SUBTOTAL (RECORDKEEPING REQUIREMENTS)................. ................ ................ ................ ................ ................
===================
GRAND TOTAL (REPORTING AND RECORDKEEPING)............. 415.00 ................ 20,380.00 ................ 7,985.00
--------------------------------------------------------------------------------------------------------------------------------------------------------
[[Page 36930]]
There are no capital costs or operating and maintenance costs
associated with this collection.
Dated: June 21, 2005.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 05-12622 Filed 6-24-05; 8:45 am]
BILLING CODE 6351-01-M
