Agency Information Collection Activities: Notice of Intent To Renew Collection 3038-0092, Customer Clearing Documentation and Timing of Acceptance for Clearing, 27930-27932 [2015-11726]

Download as PDF 27930 Federal Register / Vol. 80, No. 94 / Friday, May 15, 2015 / Notices Agency, Fort Lee, VA Barry S. Lineback, Director, Business Operations. [FR Doc. 2015–11755 Filed 5–14–15; 8:45 am] BILLING CODE 6353–01–P COMMITTEE FOR PURCHASE FROM PEOPLE WHO ARE BLIND OR SEVERELY DISABLED Information Collection To Be Submitted to the Office of Management and Budget (OMB) for Approval Under the Paperwork Reduction Act; Initial Certification Committee for Purchase From People Who Are Blind or Severely Disabled. ACTION: Notice; request for comments. AGENCY: Committee for Purchase From People Who Are Blind or Severely Disabled (Committee) will submit the collection of information listed below to OMB for approval under the provisions of the Paperwork Reduction Act. This notice solicits comments on this collection of information. DATES: Submit your written comments on the information collection on or before July 15, 2015. ADDRESSES: Mail your comments on the requirement to Lou Bartalot, Director Compliance, Committee for Purchase From People Who Are Blind or Severely Disabled, 1401 S. Clark Street, Suite 715, Arlington, VA 22202–4149; fax (703) 603–0655; or email rulecomments@abilityone.gov. FOR FURTHER INFORMATION CONTACT: To request a copy of the applicable forms or explanatory material, contact Edward Yang at the address in the above paragraph or through the above email address. SUMMARY: The Office of Management and Budget (OMB) regulations at 5 CFR part 1320, which implement provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.), require that interested members of the public and affected agencies have an opportunity to comment on information collection and recordkeeping activities (see 5 CFR 1320.8(d)). The Committee plans to submit a request to OMB to approve a revised collection of information concerning annual certification of nonprofit agencies serving people who are blind or who have other significant disabilities to participate in the AbilityOne Program. The Committee is requesting a 3-year term of approval for this information collection activity. mstockstill on DSK4VPTVN1PROD with NOTICES SUPPLEMENTARY INFORMATION: VerDate Sep<11>2014 18:20 May 14, 2015 Jkt 235001 Federal agencies may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid OMB control number. The OMB control numbers for the current collections of information are 3037–0001 and 3037– 0002. The OMB control number for the revised collection of information is 3037–0013. The JWOD Act of 1971 (41 U.S.C. 8501–8506) is the authorizing legislation for the AbilityOne Program. The AbilityOne Program creates jobs and training opportunities for people who are blind or who have other severe disabilities. Its primary means of doing so is by requiring Government agencies to purchase selected products and services from nonprofit agencies employing such individuals. The AbilityOne Program is administered by the Committee. Two national, independent organizations, National Industries for the Blind (NIB) and SourceAmerica, help State and private nonprofit agencies participate in the AbilityOne Program. The implementing regulations for the JWOD Act, which are located at 41 CFR Chapter 51, provide the requirements, procedures, and standards for the AbilityOne Program. Section 51–4.3 of the regulations sets forth the standards that a nonprofit agency must meet to maintain qualification for participation in the AbilityOne Program. Under this section of the regulations, a nonprofit agency that wants to continue to participate in the AbilityOne Program must submit a completed copy of the appropriate Annual Certification form (Committee Form 403 or 404). This documentation helps the Committee determine whether the applicant nonprofit agency is meeting the requirements of the AbilityOne Program. This information collection request seeks approval for the Committee to continue to collect the information required under 41 CFR 51–4.3 of the regulations, but in a revised and expanded format, so that the Committee can continue to verify the appropriateness of nonprofit agencies that would like to participate in the AbilityOne Program. The previous separate forms have been combined into one form. The items being certified have been revised to match the regulatory requirements of section 51–4.3 and to collect other pertinent information on the qualifications of nonprofit agencies. New questions concerning nonprofit agency hours, wages, people performing direct labor, subcontracting and veterans have been added. In addition, PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 the language at the bottom of the certification section has been revised. Title: Annual Representations and Certifications For AbilityOne Qualified Nonprofit Agency. OMB Control Number: 3037–0013. Form Number: Reps and Certs. Description of Respondents: Nonprofit agencies serving people who are blind or significantly disabled that participate in the AbilityOne Program. Annual Number of Respondents: About 570 nonprofit agencies serving people who are blind or significantly disabled will annually participate in the AbilityOne Program. Total Annual Burden Hours: Burden is estimated to average 8 hours per respondent. Total annual burden is 4,560 hours. Note: this burden estimate is only for the reporting of information; a separate burden estimate exists for the recordkeeping requirement. We invite comments concerning this renewal on: (1) Whether the collection of information is necessary for the proper performance of our agency’s functions, including whether the information will have practical utility; (2) the accuracy of our estimate of the burden of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information to be collected; and (4) ways to minimize the burden of the collection of information on respondents. Barry S. Lineback, Director, Business Operations. [FR Doc. 2015–11754 Filed 5–14–15; 8:45 am] BILLING CODE 6353–01–P COMMODITY FUTURES TRADING COMMISSION Agency Information Collection Activities: Notice of Intent To Renew Collection 3038–0092, Customer Clearing Documentation and Timing of Acceptance for Clearing Commodity Futures Trading Commission. ACTION: Notice. AGENCY: The Commodity Futures Trading Commission (‘‘CFTC’’ or ‘‘Commission’’) is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (‘‘PRA’’), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information and to allow 60 days for public comment. The Commission adopted final rules, which prohibit SUMMARY: E:\FR\FM\15MYN1.SGM 15MYN1 mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 80, No. 94 / Friday, May 15, 2015 / Notices swap dealers (‘‘SDs’’) and major swap participants (‘‘MSPs’’) from interfering or attempting to influence the decisions of affiliated future commission merchants (‘‘FCMs’’) with regard to the provision of clearing services and activities and prohibit FCMs from permitting them to do so. The Commission also adopted rules to prohibit SDs and MSPs from adopting any process or taking any action that results in any unreasonable restraint on trade or imposes any material anticompetitive burden on trading or clearing, unless necessary or appropriate to achieve the purposes of the Commodity Exchange Act. The Commission adopted further rules requiring that derivatives clearing organization (‘‘DCO’’) rules provide for the non-discriminatory clearing of swaps executed bilaterally or through an unaffiliated designated contract market or swap execution facility. This notice solicits comments on the obligation to maintain records related to clearing documentation between the customer and the customer’s clearing member. DATES: Comments must be submitted on or before July 14, 2015. ADDRESSES: You may submit comments, identified by OMB Control No. 3038– 0092, by any of the following methods: • The Agency’s Web site, at https:// comments.cftc.gov/. Follow the instructions for submitting comments through the Web site. • Mail: Christopher Kirkpatrick, Secretary of the Commission, Commodity Futures Trading Commission, Three Lafayette Centre, 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 through the Portal. Please submit your comments using only one method. FOR FURTHER INFORMATION CONTACT: Christopher Hower, Special Counsel, Division of Clearing and Risk, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; (202) 418–6703; email: chower@ 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 and includes agency requests or requirements that members of the public VerDate Sep<11>2014 18:20 May 14, 2015 Jkt 235001 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 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. Title: Customer Clearing Documentation and Timing of Acceptance for Clearing (OMB Control No. 3038–0092). This is a request for extension of a currently approved information collection. Abstract: Section 4d(c) of the Commodity Exchange Act (‘‘CEA’’ or ‘‘Act’’), as amended by the Dodd-Frank Act, directs the Commission to require futures commission merchants to implement conflict of interest procedures that address such issues the Commission determines to be appropriate. Similarly, section 4s(j)(5), as added by the Dodd-Frank Act, requires swap dealers and major swap participants to implement conflict of interest procedures that address such issues the Commission determines to be appropriate. Section 4s(j)(5) also requires swap dealers and major swap participants to ensure that any persons providing clearing activities or making determinations as to accepting clearing customers are separated by appropriate informational partitions from persons whose involvement in pricing, trading, or clearing activities might bias their judgment or contravene the core principle of open access. Section 4s(j)(6) of the CEA prohibits a swap dealer and major swap participant from adopting any process or taking any action that results in any unreasonable restraint on trade or imposes any material anticompetitive burden on trading or clearing, unless necessary or appropriate to achieve the purposes of the Act. Section 2(h)(1)(B)(ii) of the CEA requires that derivatives clearing organization rules provide for the nondiscriminatory clearing of swaps executed bilaterally or through an unaffiliated designated contract market or swap execution facility. Pursuant to these provisions, the Commission adopted § 1.71(d)(1) relating to FCMs and § 23.605(d)(1) relating to swap dealers and major swap participants. These regulations prohibit swap dealers and major swap participants from interfering or attempting to influence the decisions of affiliated FCMs with regard to the provision of clearing services and activities and would prohibit FCMs PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 27931 from permitting them to do so. The Commission also adopted § 23.607 to prohibits a swap dealer and major swap participant from adopting any process or taking any action that results in any unreasonable restraint on trade or imposes any material anticompetitive burden on trading or clearing, unless necessary or appropriate to achieve the purposes of the Act. The Commission adopted § 39.12(b)(2) to require that derivatives clearing organization rules provide for the non-discriminatory clearing of swaps executed bilaterally or through an unaffiliated designated contract market or swap execution facility. As discussed further below, the additional information collection burden arising from the regulations primarily is restricted to the costs associated with the affected registrants’ obligation to maintain records related to clearing documentation between the customer and the customer’s clearing member. The information collection obligations imposed by the regulations are necessary to implement certain provisions of the CEA, including ensuring that registrants exercise effective risk management and for the efficient operation of trading venues among SDs, MSPs, FCMs, and DCOs. With respect to the 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. 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 you believe is exempt from disclosure under the Freedom of Information Act, a petition for E:\FR\FM\15MYN1.SGM 15MYN1 27932 Federal Register / Vol. 80, No. 94 / Friday, May 15, 2015 / Notices confidential treatment of the exempt information may be submitted according to the procedures established 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 https://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 the Information Collection Request 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. Burden Statement: The respondent burden for this collection is estimated to average between 16 hours for FCMs and SDs and MSPs, and 40 hours for DCOs per response. This estimate includes the total time, effort, or financial resources expended by persons to generate, maintain, retain, disclose, or provide information to or for a federal agency. The total annual cost burden per respondent is estimated to be $736 for FCMs, SDs, and MSPs and $1,840 for DCOs. The Commission based its calculation on an hourly wage rate of $46 for a financial manager to maintain the data. Respondents/Affected Entities: Swap dealers, Major Swap Participants, Futures Commission Merchants, and Derivatives Clearing Organizations. Estimated number of respondents: 239 Swap Dealers, Major Swap Participants and Futures Commission Merchants, and 14 Derivatives Clearing Organizations. Estimated total annual burden on respondents: 3,824 for FCMs, SDs, and MSPs, and 560 hours for DCOs. Frequency of collection: As needed. Authority: 44 U.S.C. 3501 et seq. Dated: May 11, 2015. Robert N. Sidman, Deputy Secretary of the Commission. [FR Doc. 2015–11726 Filed 5–14–15; 8:45 am] mstockstill on DSK4VPTVN1PROD with NOTICES 1 17 CFR 145.9. VerDate Sep<11>2014 18:20 May 14, 2015 BILLING CODE 6351–01–P Jkt 235001 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 DEPARTMENT OF DEFENSE Office of the Secretary [Transmittal No. 15–22] 36(b)(1) Arms Sales Notification Defense Security Cooperation Agency, Department of Defense. ACTION: Notice. AGENCY: The Department of Defense is publishing the unclassified text of a section 36(b)(1) arms sales notification. This is published to fulfill the requirements of section 155 of Public Law 104–164 dated July 21, 1996. FOR FURTHER INFORMATION CONTACT: Ms. B. English, DSCA/DBO/CFM, (703) 601– 3740. The following is a copy of a letter to the Speaker of the House of Representatives, Transmittals 15–22 with attached transmittal, and policy justification. SUMMARY: Dated: May 11, 2015. Aaron Siegel, Alternate OSD Federal Register Liaison Officer, Department of Defense. E:\FR\FM\15MYN1.SGM 15MYN1

Agencies

[Federal Register Volume 80, Number 94 (Friday, May 15, 2015)]
[Notices]
[Pages 27930-27932]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-11726]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0092, Customer Clearing Documentation and Timing 
of Acceptance for Clearing

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or 
``Commission'') is announcing an opportunity for public comment on the 
proposed collection of certain information by the agency. Under the 
Paperwork Reduction Act (``PRA''), Federal agencies are required to 
publish notice in the Federal Register concerning each proposed 
collection of information and to allow 60 days for public comment. The 
Commission adopted final rules, which prohibit

[[Page 27931]]

swap dealers (``SDs'') and major swap participants (``MSPs'') from 
interfering or attempting to influence the decisions of affiliated 
future commission merchants (``FCMs'') with regard to the provision of 
clearing services and activities and prohibit FCMs from permitting them 
to do so. The Commission also adopted rules to prohibit SDs and MSPs 
from adopting any process or taking any action that results in any 
unreasonable restraint on trade or imposes any material anticompetitive 
burden on trading or clearing, unless necessary or appropriate to 
achieve the purposes of the Commodity Exchange Act. The Commission 
adopted further rules requiring that derivatives clearing organization 
(``DCO'') rules provide for the non-discriminatory clearing of swaps 
executed bilaterally or through an unaffiliated designated contract 
market or swap execution facility. This notice solicits comments on the 
obligation to maintain records related to clearing documentation 
between the customer and the customer's clearing member.

DATES: Comments must be submitted on or before July 14, 2015.

ADDRESSES: You may submit comments, identified by OMB Control No. 3038-
0092, by any of the following methods:
     The Agency's Web site, at https://comments.cftc.gov/. 
Follow the instructions for submitting comments through the Web site.
     Mail: Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 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 through the Portal.
    Please submit your comments using only one method.

FOR FURTHER INFORMATION CONTACT: Christopher Hower, Special Counsel, 
Division of Clearing and Risk, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; 
(202) 418-6703; email: chower@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 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 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.
    Title: Customer Clearing Documentation and Timing of Acceptance for 
Clearing (OMB Control No. 3038-0092). This is a request for extension 
of a currently approved information collection.
    Abstract: Section 4d(c) of the Commodity Exchange Act (``CEA'' or 
``Act''), as amended by the Dodd-Frank Act, directs the Commission to 
require futures commission merchants to implement conflict of interest 
procedures that address such issues the Commission determines to be 
appropriate. Similarly, section 4s(j)(5), as added by the Dodd-Frank 
Act, requires swap dealers and major swap participants to implement 
conflict of interest procedures that address such issues the Commission 
determines to be appropriate. Section 4s(j)(5) also requires swap 
dealers and major swap participants to ensure that any persons 
providing clearing activities or making determinations as to accepting 
clearing customers are separated by appropriate informational 
partitions from persons whose involvement in pricing, trading, or 
clearing activities might bias their judgment or contravene the core 
principle of open access. Section 4s(j)(6) of the CEA prohibits a swap 
dealer and major swap participant from adopting any process or taking 
any action that results in any unreasonable restraint on trade or 
imposes any material anticompetitive burden on trading or clearing, 
unless necessary or appropriate to achieve the purposes of the Act. 
Section 2(h)(1)(B)(ii) of the CEA requires that derivatives clearing 
organization rules provide for the non-discriminatory clearing of swaps 
executed bilaterally or through an unaffiliated designated contract 
market or swap execution facility.
    Pursuant to these provisions, the Commission adopted Sec.  
1.71(d)(1) relating to FCMs and Sec.  23.605(d)(1) relating to swap 
dealers and major swap participants. These regulations prohibit swap 
dealers and major swap participants from interfering or attempting to 
influence the decisions of affiliated FCMs with regard to the provision 
of clearing services and activities and would prohibit FCMs from 
permitting them to do so. The Commission also adopted Sec.  23.607 to 
prohibits a swap dealer and major swap participant from adopting any 
process or taking any action that results in any unreasonable restraint 
on trade or imposes any material anticompetitive burden on trading or 
clearing, unless necessary or appropriate to achieve the purposes of 
the Act. The Commission adopted Sec.  39.12(b)(2) to require that 
derivatives clearing organization rules provide for the non-
discriminatory clearing of swaps executed bilaterally or through an 
unaffiliated designated contract market or swap execution facility.
    As discussed further below, the additional information collection 
burden arising from the regulations primarily is restricted to the 
costs associated with the affected registrants' obligation to maintain 
records related to clearing documentation between the customer and the 
customer's clearing member.
    The information collection obligations imposed by the regulations 
are necessary to implement certain provisions of the CEA, including 
ensuring that registrants exercise effective risk management and for 
the efficient operation of trading venues among SDs, MSPs, FCMs, and 
DCOs.
    With respect to the 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.
    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 you believe is exempt from disclosure under the 
Freedom of Information Act, a petition for

[[Page 27932]]

confidential treatment of the exempt information may be submitted 
according to the procedures established in Sec.  145.9 of the 
Commission's regulations.\1\
---------------------------------------------------------------------------

    \1\ 17 CFR 145.9.
---------------------------------------------------------------------------

    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 https://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 the Information Collection Request 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.
    Burden Statement: The respondent burden for this collection is 
estimated to average between 16 hours for FCMs and SDs and MSPs, and 40 
hours for DCOs per response. This estimate includes the total time, 
effort, or financial resources expended by persons to generate, 
maintain, retain, disclose, or provide information to or for a federal 
agency. The total annual cost burden per respondent is estimated to be 
$736 for FCMs, SDs, and MSPs and $1,840 for DCOs. The Commission based 
its calculation on an hourly wage rate of $46 for a financial manager 
to maintain the data.
    Respondents/Affected Entities: Swap dealers, Major Swap 
Participants, Futures Commission Merchants, and Derivatives Clearing 
Organizations.
    Estimated number of respondents: 239 Swap Dealers, Major Swap 
Participants and Futures Commission Merchants, and 14 Derivatives 
Clearing Organizations.
    Estimated total annual burden on respondents: 3,824 for FCMs, SDs, 
and MSPs, and 560 hours for DCOs.
    Frequency of collection: As needed.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: May 11, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-11726 Filed 5-14-15; 8:45 am]
 BILLING CODE 6351-01-P
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