Market Risk Advisory Committee, 68870-68871 [2014-27279]
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Federal Register / Vol. 79, No. 223 / Wednesday, November 19, 2014 / Notices
3038–0095), by any of the following
methods:
• Agency Web site, via its Comments
Online process: https://
comments.cftc.gov. Follow the
instructions for submitting comments
through the Web site.
• Mail: Send to Christopher
Kirkpatrick, Secretary of the
Commission, Commodity Futures
Trading Commission, 1155 21st Street
NW., Washington, DC 20581.
• Hand Delivery/Courier: Same as
Mail, above.
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
All comments must be submitted in
English, or if not, accompanied by an
English translation. Comments will be
posted as received to https://
www.cftc.gov. You should submit only
information that you wish to make
available publicly. If you wish the
Commission to consider information
that is exempt from disclosure under the
Freedom of Information Act, a petition
for confidential treatment of the exempt
information may be submitted according
to the procedures set forth in § 145.9 of
the Commission’s regulations.1
The Commission reserves the right,
but shall have no obligation, to review,
pre-screen, filter, redact, refuse or
remove any or all of your submission
from www.cftc.gov that it may deem to
be inappropriate for publication, such as
obscene language. All submissions that
have been redacted or removed that
contain comments on the merits of this
matter will be retained in the public
comment file and will be considered as
required under the Administrative
Procedure Act and other applicable
laws, and may be accessible under the
Freedom of Information Act.
FOR FURTHER INFORMATION CONTACT:
Dana Brown, Division of Market
Oversight, Commodity Futures Trading
Commission, (202) 418–5093; email:
dbrown@cftc.gov. This contact can also
provide a copy of the ICR.
SUPPLEMENTARY INFORMATION:
Title: ‘‘Large Trader Reporting for
Physical Commodity Swaps,’’ OMB
Control No. 3038–0095—Extension.
This is a request for extension of a
currently approved information
collection.
Abstract: This collection is in the
public interest and is necessary for
market surveillance. Part 20 of the
Commission’s regulations requires
clearing organizations and any persons
that are ‘‘reporting entities’’ to file
swaps position data with the
Commission. The Reporting Rules
collect clearing member reports from
clearing organizations. The Reporting
Rules also require position reports from
reporting entities for principal and
counterparty positions in cleared and
uncleared physical commodity swaps.
Reporting entities are those persons that
are either ‘‘clearing members’’ or ‘‘swap
dealers’’ that are otherwise not clearing
members. For purposes of Part 20,
reporting parties are required to submit
data on positions on a futures
equivalent basis so as to allow the
Commission to assess a trader’s market
impact across differently structured but
linked derivatives instruments and
markets. The Commission initially
estimated that approximately 705
entities would be affected by this rule.
This number was based on the then
estimated number of reporting firms.
Because the Commission had not
regulated the swap market, it has not
previously collected data to support its
estimate. Accordingly, the initial
estimate of 705 affected entities has
been revised to 3,998. The Federal
Register notice with a 60-day comment
period soliciting comments on this
collection of information was published
on September 17, 2014 (79 FR 55759).
Burden Statement: The Commission
estimates the burden of this collection
of information as follows:
ESTIMATED ANNUAL REPORTING BURDEN
17 CFR §
Annual
number of
respondents
Total annual
responses
Hours per
response
Total hours
20 .....................................................................................................................
3,998
3,998
1.58
6,317
Authority: 44 U.S.C. 3501 et seq.
for the submission of nominations to
this newly established Committee. The
MRAC is a discretionary advisory
committee and was established by the
Commission in accordance with the
Federal Advisory Committee Act.
Dated: November 14, 2014.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014–27402 Filed 11–18–14; 8:45 am]
BILLING CODE 6351–01–P
The deadline for comments and
nominations is December 3, 2014.
DATES:
COMMODITY FUTURES TRADING
COMMISSION
Comments on topics for
discussion at future MRAC meetings
and nominations should be emailed to
MRAC_Comments@cftc.gov. Comments
and nominations may also be mailed to
Petal Walker, Chief Counsel to
Commissioner Bowen, U.S. Commodity
Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581. Please use the
title ‘‘Market Risk Advisory Committee’’
in any comments or nominations you
submit.
ADDRESSES:
Market Risk Advisory Committee
Commodity Futures Trading
Commission.
ACTION: Notice.
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AGENCY:
The Commodity Futures
Trading Commission (CFTC or
Commission) is inviting comments on
topics for discussion at future Market
Risk Advisory Committee (MRAC or
Committee) meetings and also calling
SUMMARY:
FOR FURTHER INFORMATION CONTACT:
Petal Walker, (202) 418–5794; email:
pwalker@cftc.gov.
The
MRAC was established to conduct
public meetings and submit reports and
recommendations to the Commission on
matters of public concern to
clearinghouses, exchanges,
intermediaries, market makers, endusers (e.g., consumers) and the
Commission regarding systemic issues
that threaten the stability of the
derivatives markets and other financial
markets, and to otherwise assist the
Commission in identifying and
understanding the impact and
implications of an evolving market
structure and movement of risk across
clearinghouses, intermediaries, market
makers and end-users. The duties of the
MRAC are solely advisory and will
SUPPLEMENTARY INFORMATION:
1 Commission regulations referred to herein are
found at 17 CFR Ch. 1 (2014).
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Federal Register / Vol. 79, No. 223 / Wednesday, November 19, 2014 / Notices
include monitoring and advising the
Commission with respect to the effects
that developments in the structure of
the derivatives markets have on the
systemic issues that threaten the
stability of the derivatives markets and
other financial markets. The MRAC will
also make recommendations to the
Commission on how to improve market
structure and mitigate risk to support
the Commission’s mission of ensuring
the integrity of the derivatives markets
and monitoring and managing systemic
risk. Determinations of actions to be
taken and policy to be expressed with
respect to the reports or
recommendations of the MRAC shall be
made solely by the Commission.
MRAC members will generally serve
as representatives in order to provide
advice reflecting the views of
organizations and entities that
constitute the structure of the
derivatives and financial markets. The
MRAC may also include regular
government employees when doing so
furthers purposes of the MRAC. Though
the precise number of members in any
category may vary over time, the
Commission expects the MRAC to have
approximately 20–25 members with the
following types of entities with interests
in the derivatives markets and systemic
risk being represented (and their
approximate number): (i) Exchanges
(3–5), (ii) clearinghouses (1–3), (iii)
intermediaries (1–4), (iv) market makers
(5–8), (v) end-users (4–6), (vi) academia
(1–2) and (vii) regulators (1–2). The
MRAC will hold approximately 2–4
meetings per year and members will
serve at the pleasure of the Commission.
MRAC members will not receive
compensation or honoraria for their
services, and they will not be
reimbursed for travel and per diem
expenses.
The Commission seeks members who
represent organizations or groups with
an interest in the MRAC’s mission and
function and reflect a wide range of
perspectives and interests, including
those that may be conflicting, related to
the derivatives markets and other
financial markets. To advise the
Commission effectively, MRAC
members must have a high-level of
expertise and experience in the
derivatives and financial markets and
the Commission’s regulation of such
markets, including from a historical
perspective. To the extent practicable,
the Commission will strive to select
members reflecting wide ethnic, racial,
gender, and age representation. MRAC
members should be open to
participating in a public forum.
The Commission invites comments
from the public on the topics on which
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16:16 Nov 18, 2014
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MRAC should focus. In other words,
topics that:
(a) Reflect matters of public concern
to clearinghouses, exchanges,
intermediaries, market makers, endusers and the Commission regarding
systemic issues that threaten the
stability of the derivatives markets and
other financial markets; and/or
(b) are important to otherwise assist
the Commission in identifying and
understanding the impact and
implications of an evolving market
structure and movement of risk across
clearinghouses, exchanges,
intermediaries, market makers and endusers.
Each comment should include the
commenter’s name and email or mailing
address.
In addition, the Commission also
invites the submission of nominations
to the MRAC. Each nomination
submission should include relevant
information about the proposed
member, such as the individual’s name,
title, and organizational affiliation as
well as information that supports the
individual’s qualifications to serve on
the MRAC. The submission should also
include the name and email or mailing
address of the person nominating the
proposed member.
Submission of nomination is not a
guarantee of selection as a member of
the MRAC. As noted in the MRAC’s
Membership Balance Plan, the CFTC
identifies members for the MRAC based
on Commissioners’ and Commission
staff professional knowledge of the
derivatives and other financial markets,
consultation with knowledgeable
persons outside the CFTC, and requests
to be represented received from
organizations. The office of the
Commissioner primarily responsible for
the MRAC plays a primary, but not
exclusive, role in this process and
makes recommendations regarding
membership to the Commission. The
Commission, by vote, authorizes
members to serve on the MRAC.
Authority: 5 U.S.C. App. II.
Dated: November 13, 2014.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014–27279 Filed 11–18–14; 8:45 am]
BILLING CODE 6351–01–P
CORPORATION FOR NATIONAL AND
COMMUNITY SERVICE
Information Collection; Submission for
OMB Review, Comment Request
Corporation for National and
Community Service.
AGENCY:
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ACTION:
68871
Notice.
The Corporation for National
and Community Service (CNCS) has
submitted a public information
collection request (ICR) entitled CNCS
Application Instructions for review and
approval in accordance with the
Paperwork Reduction Act of 1995,
Public Law 104–13, (44 U.S.C. Chapter
35). Copies of this ICR, with applicable
supporting documentation, may be
obtained by calling the Corporation for
National and Community Service, Amy
Borgstrom, at 202–606–6930 or email to
aborgstrom@cns.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.
ADDRESSES: Comments may be
submitted, identified by the title of the
information collection activity, to the
Office of Information and Regulatory
Affairs, Attn: Ms. Sharon Mar, OMB
Desk Officer for the Corporation for
National and Community Service, by
any of the following two methods
within 30 days from the date of
publication in the Federal Register:
(1) By fax to: 202–395–6974,
Attention: Ms. Sharon Mar, OMB Desk
Officer for the Corporation for National
and Community Service; or
(2) By email to: smar@omb.eop.gov.
SUPPLEMENTARY INFORMATION: The OMB
is particularly interested in comments
which:
• Evaluate whether the proposed
collection of information is necessary
for the proper performance of the
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;
• Propose ways to enhance the
quality, utility, and clarity of the
information to be collected; and
• Propose ways to minimize the
burden of the 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.
SUMMARY:
Comments
A 60-day Notice requesting public
comment was published in the Federal
Register on September 2, 2014. This
comment period ended November 3,
2014. No public comments were
received from this Notice.
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]]>Agencies
[Federal Register Volume 79, Number 223 (Wednesday, November 19, 2014)]
[Notices]
[Pages 68870-68871]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27279]
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Market Risk Advisory Committee
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Commodity Futures Trading Commission (CFTC or Commission)
is inviting comments on topics for discussion at future Market Risk
Advisory Committee (MRAC or Committee) meetings and also calling for
the submission of nominations to this newly established Committee. The
MRAC is a discretionary advisory committee and was established by the
Commission in accordance with the Federal Advisory Committee Act.
DATES: The deadline for comments and nominations is December 3, 2014.
ADDRESSES: Comments on topics for discussion at future MRAC meetings
and nominations should be emailed to MRAC_Comments@cftc.gov. Comments
and nominations may also be mailed to Petal Walker, Chief Counsel to
Commissioner Bowen, U.S. Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW., Washington, DC 20581. Please
use the title ``Market Risk Advisory Committee'' in any comments or
nominations you submit.
FOR FURTHER INFORMATION CONTACT: Petal Walker, (202) 418-5794; email:
pwalker@cftc.gov.
SUPPLEMENTARY INFORMATION: The MRAC was established to conduct public
meetings and submit reports and recommendations to the Commission on
matters of public concern to clearinghouses, exchanges, intermediaries,
market makers, end-users (e.g., consumers) and the Commission regarding
systemic issues that threaten the stability of the derivatives markets
and other financial markets, and to otherwise assist the Commission in
identifying and understanding the impact and implications of an
evolving market structure and movement of risk across clearinghouses,
intermediaries, market makers and end-users. The duties of the MRAC are
solely advisory and will
[[Page 68871]]
include monitoring and advising the Commission with respect to the
effects that developments in the structure of the derivatives markets
have on the systemic issues that threaten the stability of the
derivatives markets and other financial markets. The MRAC will also
make recommendations to the Commission on how to improve market
structure and mitigate risk to support the Commission's mission of
ensuring the integrity of the derivatives markets and monitoring and
managing systemic risk. Determinations of actions to be taken and
policy to be expressed with respect to the reports or recommendations
of the MRAC shall be made solely by the Commission.
MRAC members will generally serve as representatives in order to
provide advice reflecting the views of organizations and entities that
constitute the structure of the derivatives and financial markets. The
MRAC may also include regular government employees when doing so
furthers purposes of the MRAC. Though the precise number of members in
any category may vary over time, the Commission expects the MRAC to
have approximately 20-25 members with the following types of entities
with interests in the derivatives markets and systemic risk being
represented (and their approximate number): (i) Exchanges (3-5), (ii)
clearinghouses (1-3), (iii) intermediaries (1-4), (iv) market makers
(5-8), (v) end-users (4-6), (vi) academia (1-2) and (vii) regulators
(1-2). The MRAC will hold approximately 2-4 meetings per year and
members will serve at the pleasure of the Commission. MRAC members will
not receive compensation or honoraria for their services, and they will
not be reimbursed for travel and per diem expenses.
The Commission seeks members who represent organizations or groups
with an interest in the MRAC's mission and function and reflect a wide
range of perspectives and interests, including those that may be
conflicting, related to the derivatives markets and other financial
markets. To advise the Commission effectively, MRAC members must have a
high-level of expertise and experience in the derivatives and financial
markets and the Commission's regulation of such markets, including from
a historical perspective. To the extent practicable, the Commission
will strive to select members reflecting wide ethnic, racial, gender,
and age representation. MRAC members should be open to participating in
a public forum.
The Commission invites comments from the public on the topics on
which MRAC should focus. In other words, topics that:
(a) Reflect matters of public concern to clearinghouses, exchanges,
intermediaries, market makers, end-users and the Commission regarding
systemic issues that threaten the stability of the derivatives markets
and other financial markets; and/or
(b) are important to otherwise assist the Commission in identifying
and understanding the impact and implications of an evolving market
structure and movement of risk across clearinghouses, exchanges,
intermediaries, market makers and end-users.
Each comment should include the commenter's name and email or mailing
address.
In addition, the Commission also invites the submission of
nominations to the MRAC. Each nomination submission should include
relevant information about the proposed member, such as the
individual's name, title, and organizational affiliation as well as
information that supports the individual's qualifications to serve on
the MRAC. The submission should also include the name and email or
mailing address of the person nominating the proposed member.
Submission of nomination is not a guarantee of selection as a
member of the MRAC. As noted in the MRAC's Membership Balance Plan, the
CFTC identifies members for the MRAC based on Commissioners' and
Commission staff professional knowledge of the derivatives and other
financial markets, consultation with knowledgeable persons outside the
CFTC, and requests to be represented received from organizations. The
office of the Commissioner primarily responsible for the MRAC plays a
primary, but not exclusive, role in this process and makes
recommendations regarding membership to the Commission. The Commission,
by vote, authorizes members to serve on the MRAC.
Authority: 5 U.S.C. App. II.
Dated: November 13, 2014.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014-27279 Filed 11-18-14; 8:45 am]
BILLING CODE 6351-01-P
