Agency Information Collection Activities: Notice of Intent To Renew Collection 3038-0026, Gross Collection of Exchange-Set Margins for Omnibus Accounts, 67919 [E7-23279]
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Federal Register / Vol. 72, No. 231 / Monday, December 3, 2007 / Notices
COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0026, Gross Collection
of Exchange-Set Margins for Omnibus
Accounts
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:
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
requirements relating to gross collection
of Exchange-Set margins for Omnibus
Accounts.
Comments must be submitted on
or before February 1, 2008.
ADDRESSES: Comments may be mailed to
Barbara S. Gold, Associate Director,
Division of Clearing and Intermediary
DATES:
Oversight, U.S. Commodity Futures
Trading Commission, 1155 21st Street,
NW., Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT:
Barbara S. Gold, (202) 418–5430; Fax:
(202) 418–5528; e-mail: bgold@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. 3502(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 information,
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.
Gross Collection of Exchange-Set
Margins for Omnibus Accounts, OMB
Control Number 3038–0026—Extension
Commission Regulation 1.58 requires
that FCMs margin omnibus accounts on
a gross, rather than a net, basis. The
regulation provides that the carrying
FCM need not collect margin for
positions traded by a person through an
omnibus account in excess of the
amount that would be required if the
same person, instead of trading through
an omnibus account, maintained its
own account with the carrying FCM.
The Commission estimates the burden
of this collection of information as
follows:
ESTIMATED ANNUAL REPORTING BURDEN
17 CFR section
Annual number
of respondents
17 CFR 1.58 .............................
150
There are no capital costs or operating
and maintenance costs associated with
this collection.
This estimate is based on the number
of written records maintained in the last
three years. Although the burden varies,
such records may involve analytical
work and analysis, as well as multiple
levels of review.
Dated: November 27, 2007.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E7–23279 Filed 11–30–07; 8:45 am]
mstockstill on PROD1PC66 with NOTICES
BILLING CODE 6351–01–P
Total annual
responses
Frequency of response
On occasion ..............................
DEPARTMENT OF DEFENSE
GENERAL SERVICES
ADMINISTRATION
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 9000–0113]
Federal Acquisition Regulation;
Information Collection; Acquisition of
Helium
AGENCIES: Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
ACTION: Notice of request for comments
regarding an extension to an existing
OMB clearance (9000–0113).
SUMMARY: Under the provisions of the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the Federal
VerDate Aug<31>2005
16:17 Nov 30, 2007
Jkt 214001
PO 00000
Frm 00039
Fmt 4703
Sfmt 4703
Hours per
response
600
Total hours
.08
48
Acquisition Regulation (FAR)
Secretariat will be submitting to the
Office of Management and Budget
(OMB) a request to review and approve
an extension of a currently approved
information collection requirement
concerning acquisition of helium. The
clearance currently expires on February
29, 2008.
Public comments are particularly
invited on: Whether this collection of
information is necessary for the proper
performance of functions of the FAR,
and whether it will have practical
utility; whether our estimate of the
public burden of this collection of
information is accurate, and based on
valid assumptions and methodology;
ways to enhance the quality, utility, and
clarity of the information to be
collected; and ways in which we can
minimize the burden of the collection of
information on those who are to
respond, through the use of appropriate
E:\FR\FM\03DEN1.SGM
03DEN1
]]>Agencies
[Federal Register Volume 72, Number 231 (Monday, December 3, 2007)]
[Notices]
[Page 67919]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-23279]
[[Page 67919]]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0026, Gross Collection of Exchange-Set Margins
for Omnibus Accounts
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 requirements
relating to gross collection of Exchange-Set margins for Omnibus
Accounts.
DATES: Comments must be submitted on or before February 1, 2008.
ADDRESSES: Comments may be mailed to Barbara S. Gold, Associate
Director, Division of Clearing and Intermediary Oversight, U.S.
Commodity Futures Trading Commission, 1155 21st Street, NW.,
Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT: Barbara S. Gold, (202) 418-5430; Fax:
(202) 418-5528; e-mail: bgold@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. 3502(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 information, 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.
Gross Collection of Exchange-Set Margins for Omnibus Accounts, OMB
Control Number 3038-0026--Extension
Commission Regulation 1.58 requires that FCMs margin omnibus
accounts on a gross, rather than a net, basis. The regulation provides
that the carrying FCM need not collect margin for positions traded by a
person through an omnibus account in excess of the amount that would be
required if the same person, instead of trading through an omnibus
account, maintained its own account with the carrying FCM.
The Commission estimates the burden of this collection of
information as follows:
Estimated Annual Reporting Burden
--------------------------------------------------------------------------------------------------------------------------------------------------------
Annual number of Total annual Hours per
17 CFR section respondents Frequency of response responses response Total hours
--------------------------------------------------------------------------------------------------------------------------------------------------------
17 CFR 1.58................................ 150 On occasion........................ 600 .08 48
--------------------------------------------------------------------------------------------------------------------------------------------------------
There are no capital costs or operating and maintenance costs
associated with this collection.
This estimate is based on the number of written records maintained
in the last three years. Although the burden varies, such records may
involve analytical work and analysis, as well as multiple levels of
review.
Dated: November 27, 2007.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E7-23279 Filed 11-30-07; 8:45 am]
BILLING CODE 6351-01-P
