Sunshine Act Meetings, 19665 [2017-08684]
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Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices
leverage transaction merchants; and (2)
users of Form 8–R, specifically (i)
associated persons of futures
commission merchants, retail foreign
exchange dealers, introducing brokers,
commodity trading advisors, commodity
pool operators, and leverage transaction
merchants; floor brokers; (ii) principals
of futures commission merchants, retail
foreign exchange dealers, introducing
brokers, commodity trading advisors,
commodity pool operators, floor trader
firms, or leverage transaction merchants;
(iii) floor brokers; (iv) floor traders; and
(v) floor trader order enterers.
Estimated Number of Respondents:
78,109.
Estimated Total Annual Burden on
Respondents: 7,210 hours.
Frequency of Collection: Periodically.
There are no capital costs or operating
and maintenance costs associated with
this collection.
The Commission estimates the burden
of this collection of information under
OMB control number 3038–0072 to be:
Respondents/Affected Entities: (1)
Users of Form 7–R, specifically swap
dealers and major swap participants;
and (2) users of Form 8–R, specifically
principals of swap dealers and of major
swap participants.
Estimated Number of Respondents:
770.
Estimated Total Annual Burden on
Respondents: 648 hours.
Frequency of Collection: Periodically.
There are no capital costs or operating
and maintenance costs associated with
this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: April 24, 2017.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2017–08559 Filed 4–27–17; 8:45 am]
BILLING CODE 6351–01–P
Sunshine Act Meetings
11:00 a.m., Thursday,
May 4, 2017.
PLACE: Three Lafayette Centre, 1155 21st
Street NW., Washington, DC, 9th Floor
Commission Conference Room.
STATUS: Closed.
MATTERS TO BE CONSIDERED:
Surveillance, enforcement, and
examinations matters. In the event that
the time, date, or location of this
meeting changes, an announcement of
the change, along with the new time,
date, and/or place of the meeting will be
posted on the Commission’s Web site at
https://www.cftc.gov.
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Christopher Kirkpatrick, 202–418–5964.
Natise Allen,
Executive Assistant.
[FR Doc. 2017–08684 Filed 4–26–17; 11:15 am]
BILLING CODE 6351–01–P
COMMODITY FUTURES TRADING
COMMISSION
Adoption of Revised Registration Form
8–R
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:
The Commodity Futures
Trading Commission (the
‘‘Commission’’ or ‘‘CFTC’’) is revising
its Form 8–R, the application form that
individuals must use to register with the
Commission as an associated person of
a registrant, floor broker, or floor trader,
or to be listed as a principal of a
registrant (collectively, ‘‘applicants’’).
DATES: Effective Date: The new, revised
version of Form 8–R shall be effective
(and the prior version shall cease to be
effective) when the National Futures
Association (‘‘NFA’’) makes the new,
revised version of the Form 8–R
available on the NFA Web site for use
by individual applicants.
FOR FURTHER INFORMATION CONTACT: Erik
F. Remmler, Deputy Director, (202) 418–
7630, eremmler@cftc.gov; Laura Gardy,
Associate Director, (202) 418–7645,
lgardy@cftc.gov; or August A. Imholtz
III, Special Counsel, (202) 418–5140,
aimholtz@cftc.gov, Division of Swap
Dealer and Intermediary Oversight,
Commodity Futures Trading
Commission, 1155 21st Street NW.,
Washington, DC 20581.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Background
COMMODITY FUTURES TRADING
COMMISSION
TIME AND DATE:
CONTACT PERSON FOR MORE INFORMATION:
Individuals acting in certain
capacities in the markets regulated by
the Commission must file a completed
Form 8–R with NFA.1 These applicants
include: Associated persons of futures
commission merchants, retail foreign
exchange dealers, introducing brokers,
commodity trading advisors, commodity
pool operators, and leverage transaction
merchants; floor brokers; and floor
traders.2 Additionally, any individual
acting in the capacity as principal of a
futures commission merchant, retail
foreign exchange dealer, introducing
broker, commodity trading advisor,
commodity pool operator, swap dealer,
1 17
2 17
PO 00000
CFR 3.10(a)(2), 3.11(a), and 3.12(c).
CFR 3.11(a); 3.12(c).
Frm 00014
Fmt 4703
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19665
major swap participant, floor trader or
leverage transaction merchant also must
file a completed Form 8–R.3 Lastly,
individuals that enter orders for floor
trader firms must file the Form 8–R as
well.4 Individual applicants have been
required to use Form 8–R since 1977.5
Form 8–R requests information about
the applicant that can be used to assess
the applicant’s fitness to engage in
business as a derivatives professional.
Form 8–R is a Commission form
maintained and used primarily by the
NFA. NFA is currently the only
registered futures association authorized
by the Commission in accordance with
Section 17 of the Commodity Exchange
Act (‘‘Act’’).6 Pursuant to Section 17(o)
of the Act,7 Regulation 3.2,8 and a series
of orders, the Commission delegated to
NFA certain registration functions
including, among other things, the
processing of all Form 8–R filings.9
Since the first delegation to NFA in
1984, NFA has developed substantial
expertise in registration matters,
including reviewing and processing
completed Forms 8–R. In 2002, with the
approval of the Commission, NFA
transitioned from a paper-based
registration system to an online
registration system that utilizes, among
other things, an electronic version of
Form 8–R.10
3 17 CFR 3.1(a); 3.10(a)(2); 3.11(a)(1). While
‘‘principal’’ is not technically a registration class
and principals do not apply for registration, for
purposes of this Notice, the Form 8–R filings by
principals will be referred to with the other Form
8–R filings as ‘‘registration applications.’’
4 17 CFR 3.11(a)(1).
5 Revision of Registration Forms and Amendment
of Related Rules, 42 FR 23988 (May 11, 1977) (Form
8–R replaced Forms 2–R, 4–R and 94).
6 7 U.S.C. 21 (2012).
7 7 U.S.C. 21(o) (2012).
8 17 CFR 3.2.
9 See, e.g., Introducing Brokers and Associated
Persons of Introducing Brokers; Authorization of
National Futures Association to Perform
Commission Registration Functions, 48 FR 35158
(Aug. 3, 1983); Performance of Registration
Functions by National Futures Association, 49 FR
39593 (Oct. 9, 1984) (futures commission
merchants, commodity pool operators, commodity
trading advisors, and associated persons thereof);
Performance of Registration Functions by National
Futures Association; Delegation of Authority, 51 FR
34490 (Sept. 29, 1986) (floor brokers); Performance
of Registration Functions by National Futures
Association with Respect to Floor Traders and Floor
Brokers, 58 FR 19657 (Apr. 15, 1993); and
Performance of Registration Functions by National
Futures Association with Respect to Swap Dealers
and Major Swap Participants, 77 FR 2708 (Jan. 19,
2012).
10 Registration of Intermediaries, 67 FR 38869
(June 6, 2002). The transition to an online
registration system has permitted greater
efficiencies, including allowing individuals to
update their existing Forms 8–R instead of
completing a separate Form 3–R. To that end, in
2012, the Commission eliminated the requirement
that registrants and individuals use Form 3–R to
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Agencies
[Federal Register Volume 82, Number 81 (Friday, April 28, 2017)]
[Notices]
[Page 19665]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08684]
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COMMODITY FUTURES TRADING COMMISSION
Sunshine Act Meetings
TIME AND DATE: 11:00 a.m., Thursday, May 4, 2017.
PLACE: Three Lafayette Centre, 1155 21st Street NW., Washington, DC,
9th Floor Commission Conference Room.
STATUS: Closed.
MATTERS TO BE CONSIDERED: Surveillance, enforcement, and examinations
matters. In the event that the time, date, or location of this meeting
changes, an announcement of the change, along with the new time, date,
and/or place of the meeting will be posted on the Commission's Web site
at https://www.cftc.gov.
CONTACT PERSON FOR MORE INFORMATION: Christopher Kirkpatrick, 202-418-
5964.
Natise Allen,
Executive Assistant.
[FR Doc. 2017-08684 Filed 4-26-17; 11:15 am]
BILLING CODE 6351-01-P