Proposed Information Collection; Comment Request, 78937-78938 [2013-30921]
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Federal Register / Vol. 78, No. 249 / Friday, December 27, 2013 / Notices
legal framework to be comparable to the U.S.
framework. While the Commission has
declined to provide even a partial
comparability determination, at least in this
instance the Commission has provided a
reason: the differences in the scope of entities
and products subject to the clearing
requirement.8 Such treatment creates
uncertainty and is contrary to increased
global harmonization efforts.
Third, in the Commission’s rush to meet
the artificial deadline of December 21, 2013,
as established in the Exemptive Order
Regarding Compliance with Certain Swap
Regulations (‘‘Exemptive Order’’),9 the
Commission failed to complete an important
piece of the cross-border regime, namely,
supervisory memoranda of understanding
(‘‘MOUs’’) between the Commission and
fellow regulators.
I have previously stated that these MOUs,
if done right, can be a key part of the global
harmonization effort because they provide
mutually agreed-upon solutions for
differences in regulatory regimes.10
Accordingly, I stated that the Commission
should be able to review MOUs alongside the
respective comparability determinations and
vote on them at the same time. Without these
MOUs, our fellow regulators are left
wondering whether and how any differences,
such as direct access to books and records,
will be resolved.
Finally, as I have consistently maintained,
the substituted compliance process should
allow other regulatory bodies to engage with
the full Commission.11 While I am pleased
that the Notices are being voted on by the
Commission, the full Commission only
gained access to the comment letters from
foreign regulators on the Commission’s
comparability determination draft proposals
a few days ago. This is hardly a transparent
process.
tkelley on DSK3SPTVN1PROD with NOTICES
Unclear Path Forward
Looking forward to next steps, the
Commission must provide answers to several
outstanding questions regarding these
comparability determinations. In doing so,
the Commission must collaborate with
foreign regulators to increase global
harmonization.
First, there is uncertainty surrounding the
timing and outcome of the MOUs. Critical
questions regarding information sharing,
cooperation, supervision, and enforcement
will remain unanswered until the
Commission and our fellow regulators
execute these MOUs.
Second, the Commission has issued timelimited no-action relief for the swap data
repository reporting requirements. These
comparability determinations will be done as
separate notices. However, the timing and
process for these determinations remain
uncertain.
8 Yen-denominated interest rate swaps are subject
to the mandatory clearing requirement in both the
U.S. and Japan.
9 Exemptive Order Regarding Compliance With
Certain Swap Regulations, 78 FR 43785 (Jul. 22,
2013).
10 https://www.cftc.gov/PressRoom/
SpeechesTestimony/opaomalia-29.
11 https://www.cftc.gov/PressRoom/
SpeechesTestimony/omaliastatement071213b.
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23:48 Dec 26, 2013
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Third, the Commission has failed to
provide clarity on the process for addressing
the comparability determinations that it
declined to undertake at this time. The
Notices only state that the Commission may
address these requests in a separate notice at
a later date given further developments in the
law and regulations of other jurisdictions. To
promote certainty in the financial markets,
the Commission must provide a clear path
forward for market participants and foreign
regulators.
The following steps would be a better
approach: (1) The Commission should extend
the Exemptive Order to allow foreign
regulators to further implement their
regulatory regimes and coordinate with them
to implement a harmonized substituted
compliance process; (2) the Commission
should implement a flexible, outcomes-based
approach to the substituted compliance
process and apply it similarly to all
jurisdictions; and (3) the Commission should
work closely with our fellow regulators to
expeditiously implement MOUs that resolve
regulatory differences and address regulatory
oversight issues.
Conclusion
While I support the narrow comparability
determinations that the Commission has
made, it was my hope that the Commission
would work with foreign regulators to
implement a substituted compliance process
that would increase the global harmonization
effort. I am disappointed that the
Commission has failed to implement such a
process.
I do believe that in the longer term, the
swaps regulations of the major jurisdictions
will converge. At this time, however, the
Commission’s comparability determinations
have done little to alleviate the burden of
regulatory uncertainty and duplicative
compliance with both U.S. and foreign
regulations.
The G–20 process delineated and put in
place the swaps market reforms in G–20
member nations. It is then no surprise that
the Commission must learn to coordinate
with foreign regulators to minimize
confusion and disruption in bringing much
needed clarity to the swaps market. For all
these shortcomings, I respectfully dissent
from the Commission’s approval of the
Notices.
[FR Doc. 2013–30980 Filed 12–26–13; 8:45 am]
BILLING CODE 6351–01–P
CORPORATION FOR NATIONAL AND
COMMUNITY SERVICE
Proposed Information Collection;
Comment Request
Corporation for National and
Community Service.
ACTION: Notice.
AGENCY:
The Corporation for National
and Community Service (CNCS), as part
of its continuing effort to reduce
paperwork and respondent burden,
conducts a pre-clearance consultation
SUMMARY:
PO 00000
Frm 00128
Fmt 4703
Sfmt 4703
78937
program to provide the general public
and federal agencies with an
opportunity to comment on proposed
and/or continuing collections of
information in accordance with the
Paperwork Reduction Act of 1995
(PRA95) (44 U.S.C. Sec. 3506(c)(2)(A)).
This program helps to ensure that
requested data can be provided in the
desired format, reporting burden (time
and financial resources) is minimized,
collection instruments are clearly
understood, and the impact of collection
requirement on respondents can be
properly assessed.
Currently, CNCS is soliciting
comments concerning its new
AmeriCorps VISTA Sponsor
Recruitment Practices Survey.
AmeriCorps VISTA sponsor
organizations will provide information
about their approach to VISTA member
recruitment in order for CNCS to design
recruitment strategies and materials for
the VISTA program. Completion of this
information collection is not required to
be considered for or to obtain grant
funding support.
Copies of the information collection
request can be obtained by contacting
the office listed in the Addresses section
of this notice.
DATES: Written comments must be
submitted to the individual and office
listed in the ADDRESSES section by
February 25, 2014.
ADDRESSES: You may submit comments,
identified by the title of the information
collection activity, by any of the
following methods:
(1) By mail sent to: Corporation for
National and Community Service,
AmeriCorps VISTA; Elizabeth
Matthews, Outreach Specialist, 9110B;
1201 New York Avenue NW.,
Washington, DC 20525.
(2) By hand delivery or by courier to
the CNCS mailroom at Room 8100 at the
mail address given in paragraph (1)
above, between 9:00 a.m. and 4:00 p.m.
Eastern Time, Monday through Friday,
except Federal holidays.
(3) Electronically through
www.regulations.gov.
Individuals who use a
telecommunications device for the deaf
(TTY–TDD) may call 1–800–833–3722
between 8:00 a.m. and 8:00 p.m. Eastern
Time, Monday through Friday.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Matthews, (202–606–6774) or
by email at ematthews@cns.gov.
SUPPLEMENTARY INFORMATION: CNCS is
particularly interested in comments
that:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
E:\FR\FM\27DEN1.SGM
27DEN1
78938
Federal Register / Vol. 78, No. 249 / Friday, December 27, 2013 / Notices
functions of CNCS, including whether
the information will have practical
utility;
• Evaluate the accuracy of the
agency’s estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
• Enhance the quality, utility, and
clarity of the information to be
collected; and
• Minimize the burden of the
collection of information on those who
are expected to respond, including the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology
(e.g., permitting electronic submissions
of responses).
tkelley on DSK3SPTVN1PROD with NOTICES
Background
AmeriCorps VISTA sponsor
organizations will provide information
about their approach to VISTA member
recruitment in order for CNCS to design
recruitment strategies and materials for
the VISTA program. The information
will be collected through the tool,
SurveyGizmo, which will be delivered
electronically through an email.
Current Action
This is a new information collection
request. CNCS would like to submit
AmeriCorps VISTA Sponsor
Recruitment Practices Survey.
AmeriCorps VISTA sponsor
organizations will provide information
about their approach to VISTA member
recruitment in order for CNCS to design
recruitment strategies and materials for
the VISTA program. Completion of this
information collection is not required to
be considered for or to obtain grant
funding support.
The information collection will
otherwise be used in the same manner
as the existing application. CNCS also
seeks to continue using the current
application until the revised application
is approved by OMB.
Type of Review: New.
Agency: Corporation for National and
Community Service.
Title: AmeriCorps VISTA Sponsor
Recruitment Practices Survey.
OMB Number: None.
Agency Number: None.
Affected Public: AmeriCorps VISTA
sponsor organizations. Sponsor
organizations direct the VISTA project,
supervise the AmeriCorps VISTA
members, and provide necessary
administrative support to complete the
goals and objectives of the project.
Total Respondents: 1,800.
Frequency: Once per respondent.
Average Time Per Response: Averages
10 minutes.
VerDate Mar<15>2010
23:48 Dec 26, 2013
Jkt 232001
Estimated Total Burden Hours: 18,000
hours.
Total Burden Cost (capital/startup):
None.
Total Burden Cost (operating/
maintenance): None.
Comments submitted in response to
this notice will be summarized and/or
included in the request for Office of
Management and Budget approval of the
information collection request; they will
also become a matter of public record.
Dated: December 19, 2013.
Mary Strasser,
Director, AmeriCorps VISTA.
[FR Doc. 2013–30921 Filed 12–26–13; 8:45 am]
BILLING CODE 6050–28–P
DEPARTMENT OF DEFENSE
Office of the Secretary
[Docket ID: DoD–2013–OS–0233]
Proposed Collection; Comment
Request
Office of the Secretary of
Defense, DoD.
ACTION: Notice and request for
comments.
AGENCY:
In compliance with Section
3506(c)(2)(A) of the Paperwork
Reduction Act of 1995, and as part of an
effort to streamline the process to seek
feedback from the public on service
delivery, the Department of Defense
announces a proposed generic
information collection and seeks public
comment on the provisions thereof.
Comments are invited on: (a) Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
proposed information collection; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
DATES: Consideration will be given to all
comments received by February 25,
2014.
SUMMARY:
You may submit comments,
identified by docket number and title,
by any of the following methods:
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• Mail: Federal Docket Management
System Office, 4800 Mark Center Drive,
ADDRESSES:
PO 00000
Frm 00129
Fmt 4703
Sfmt 4703
East Tower, Suite 02G09, Alexandria,
VA 22350–3100.
Instructions: All submissions received
must include the agency name, docket
number and title for this Federal
Register document. The general policy
for comments and other submissions
from members of the public is to make
these submissions available for public
viewing on the Internet at https://
www.regulations.gov as they are
received without change, including any
personal identifiers or contact
information.
FOR FURTHER INFORMATION CONTACT: To
request more information on this
proposed information collection or to
obtain a copy of the proposal and
associated collection instruments,
please write to the Information
Management Division, ATTN: Public
Collections Team, 4800 Mark Center
Drive, East Tower, Suite 02G09,
Alexandria, VA 22350–3100.
SUPPLEMENTARY INFORMATION:
Title; Associated Form; and OMB
Number: Office of the Secretary of
Defense Generic Clearance; OMB
Control Number 0704–TBD.
Needs and Uses: The proposed
information collection activity provides
a means to garner qualitative customer
and stakeholder feedback in an efficient,
timely manner, in accordance with the
Administration’s commitment to
improving service delivery. By
qualitative feedback we mean
information that provides useful
insights on perceptions and opinions,
but are not statistical surveys that yield
quantitative results that can be
generalized to the population of study.
This feedback will provide insights into
customer or stakeholder perceptions,
experiences and expectations, provide
an early warning of issues with service,
or focus attention on areas where
communication, training or changes in
operations might improve delivery of
products or services. These collections
will allow for ongoing, collaborative and
actionable communications between the
Agency and its customers and
stakeholders. It will also allow feedback
to contribute directly to the
improvement of program management.
Responses will be assessed to plan
and inform efforts to improve or
maintain the quality of service offered to
the public. If this information is not
collected, vital feedback from customers
and stakeholders on the Agency’s
services will be unavailable.
Affected Public: Individuals or
Households; Business or Other ForProfit; Not-For-Profit Institutions;
Farms; Federal Government; State,
Local, or Tribal Government.
E:\FR\FM\27DEN1.SGM
27DEN1
Agencies
[Federal Register Volume 78, Number 249 (Friday, December 27, 2013)]
[Notices]
[Pages 78937-78938]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-30921]
-----------------------------------------------------------------------
CORPORATION FOR NATIONAL AND COMMUNITY SERVICE
Proposed Information Collection; Comment Request
AGENCY: Corporation for National and Community Service.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Corporation for National and Community Service (CNCS), as
part of its continuing effort to reduce paperwork and respondent
burden, conducts a pre-clearance consultation program to provide the
general public and federal agencies with an opportunity to comment on
proposed and/or continuing collections of information in accordance
with the Paperwork Reduction Act of 1995 (PRA95) (44 U.S.C. Sec.
3506(c)(2)(A)). This program helps to ensure that requested data can be
provided in the desired format, reporting burden (time and financial
resources) is minimized, collection instruments are clearly understood,
and the impact of collection requirement on respondents can be properly
assessed.
Currently, CNCS is soliciting comments concerning its new
AmeriCorps VISTA Sponsor Recruitment Practices Survey. AmeriCorps VISTA
sponsor organizations will provide information about their approach to
VISTA member recruitment in order for CNCS to design recruitment
strategies and materials for the VISTA program. Completion of this
information collection is not required to be considered for or to
obtain grant funding support.
Copies of the information collection request can be obtained by
contacting the office listed in the Addresses section of this notice.
DATES: Written comments must be submitted to the individual and office
listed in the ADDRESSES section by February 25, 2014.
ADDRESSES: You may submit comments, identified by the title of the
information collection activity, by any of the following methods:
(1) By mail sent to: Corporation for National and Community
Service, AmeriCorps VISTA; Elizabeth Matthews, Outreach Specialist,
9110B; 1201 New York Avenue NW., Washington, DC 20525.
(2) By hand delivery or by courier to the CNCS mailroom at Room
8100 at the mail address given in paragraph (1) above, between 9:00
a.m. and 4:00 p.m. Eastern Time, Monday through Friday, except Federal
holidays.
(3) Electronically through www.regulations.gov.
Individuals who use a telecommunications device for the deaf (TTY-
TDD) may call 1-800-833-3722 between 8:00 a.m. and 8:00 p.m. Eastern
Time, Monday through Friday.
FOR FURTHER INFORMATION CONTACT: Elizabeth Matthews, (202-606-6774) or
by email at ematthews@cns.gov.
SUPPLEMENTARY INFORMATION: CNCS is particularly interested in comments
that:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the
[[Page 78938]]
functions of CNCS, including whether the information will have
practical utility;
Evaluate the accuracy of the agency's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection of information on
those who are expected to respond, including the use of appropriate
automated, electronic, mechanical, or other technological collection
techniques or other forms of information technology (e.g., permitting
electronic submissions of responses).
Background
AmeriCorps VISTA sponsor organizations will provide information
about their approach to VISTA member recruitment in order for CNCS to
design recruitment strategies and materials for the VISTA program. The
information will be collected through the tool, SurveyGizmo, which will
be delivered electronically through an email.
Current Action
This is a new information collection request. CNCS would like to
submit AmeriCorps VISTA Sponsor Recruitment Practices Survey.
AmeriCorps VISTA sponsor organizations will provide information about
their approach to VISTA member recruitment in order for CNCS to design
recruitment strategies and materials for the VISTA program. Completion
of this information collection is not required to be considered for or
to obtain grant funding support.
The information collection will otherwise be used in the same
manner as the existing application. CNCS also seeks to continue using
the current application until the revised application is approved by
OMB.
Type of Review: New.
Agency: Corporation for National and Community Service.
Title: AmeriCorps VISTA Sponsor Recruitment Practices Survey.
OMB Number: None.
Agency Number: None.
Affected Public: AmeriCorps VISTA sponsor organizations. Sponsor
organizations direct the VISTA project, supervise the AmeriCorps VISTA
members, and provide necessary administrative support to complete the
goals and objectives of the project.
Total Respondents: 1,800.
Frequency: Once per respondent.
Average Time Per Response: Averages 10 minutes.
Estimated Total Burden Hours: 18,000 hours.
Total Burden Cost (capital/startup): None.
Total Burden Cost (operating/maintenance): None.
Comments submitted in response to this notice will be summarized
and/or included in the request for Office of Management and Budget
approval of the information collection request; they will also become a
matter of public record.
Dated: December 19, 2013.
Mary Strasser,
Director, AmeriCorps VISTA.
[FR Doc. 2013-30921 Filed 12-26-13; 8:45 am]
BILLING CODE 6050-28-P