Agency Information Collection Activities Under OMB Review, 39990-39991 [2018-17334]
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39990
Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices
Division of Market Oversight,
Commodity Futures Trading
Commission, (202) 418–5492; email:
dandresen@cftc.gov.
Under the
PRA, 44 U.S.C. 3501 et seq., 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,
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. An agency
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.
Title: Registration of Foreign Boards
of Trade (OMB Control No. 3038–0101).
This is a request for extension of a
currently approved information
collection.
Abstract: Section 738 of the DoddFrank Act amended section 4(b) of the
Commodity Exchange Act to provide
that the Commission may adopt rules
and regulations requiring foreign boards
of trade (FBOT) that wish to provide
their members or other participants
located in the United States with direct
access to the FBOT’s electronic trading
and order matching system to register
with the Commission. Pursuant to this
authorization, the CFTC adopted a final
rule requiring FBOTs that wish to
permit trading by direct access to
provide certain information to the
Commission in applications for
registration and, once registered, to
provide certain information to meet
quarterly and annual reporting
requirements. The rule establishes
reporting and/or recordkeeping
requirements that are required by Part
48 of the Commission’s regulations and
are necessary to ensure that FBOTs
registered to provide for trading by
direct access meet statutory and
regulatory requirements on an initial
and ongoing basis.
sradovich on DSK3GMQ082PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
20:42 Aug 10, 2018
Jkt 244001
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.
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 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 ICR 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
• Collection 3038–0101—Registration
of Foreign Boards of Trade (17 CFR part
48)
The Commission is revising its
estimate of the burden for this collection
for registered FBOTs, by reducing the
number of FBOTs to which the burden
applies. The respondent burden for this
collection is estimated to range from
two to eight hours per response for
submission of required reports. These
estimates include the time to locate,
compile, validate, and verify and
disclose and to ensure such information
is maintained. The respondent burden
1 17
PO 00000
CFR 145.9.
Frm 00010
Fmt 4703
Sfmt 4703
for this collection is estimated to be as
follows:
Estimated number of respondents: 23.
Estimated Average Burden Hours Per
Respondent: 375.2 hours.
Estimated total annual burden on
respondents: 8630 hours.
Frequency of collection: When a
reportable event occurs and quarterly
and annually for required reports.
There are no capital costs or operating
and maintenance costs associated with
this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: August 8, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2018–17336 Filed 8–10–18; 8:45 am]
BILLING CODE 6351–01–P
COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities Under OMB Review
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:
In compliance with the
Paperwork Reduction Act of 1995
(PRA), this notice announces that the
Information Collection Request (ICR)
abstracted below has been forwarded to
the Office of Management and Budget
(OMB) for review and comment. The
ICR describes the nature of the
information collection and its expected
costs and burden.
DATES: Comments must be submitted on
or before September 12, 2018.
ADDRESSES: Comments regarding the
burden estimate or any other aspect of
the information collection, including
suggestions for reducing the burden,
may be submitted directly to the Office
of Information and Regulatory Affairs
(OIA) in OMB within 30 days of this
notice’s publication by either of the
following methods. Please identify the
comments by ‘‘OMB Control No. 3038–
0007.’’
• By email addressed to:
OIRAsubmissions@omb.eop.gov or
• By mail addressed to: the Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Attention Desk Officer for the
Commodity Futures Trading
Commission, 725 17th Street NW,
Washington, DC 20503.
A copy of all comments submitted to
OIRA should be sent to the Commodity
Futures Trading Commission (the
‘‘Commission’’) by either of the
following methods. The copies should
refer to ‘‘OMB Control No. 3038–0007.’’
SUMMARY:
E:\FR\FM\13AUN1.SGM
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39991
Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices
• Through the Commission’s website
at https://comments.cftc.gov/. Follow the
instructions for submitting comments
through the website.
• By mail addressed to: Christopher
Kirkpatrick, Secretary of the
Commission, Commodity Futures
Trading Commission, Three Lafayette
Centre, 1155 21st Street NW,
Washington, DC 20581; or
• By Hand Delivery/Courier to the
same address; or
Please submit your comments using
only one method. 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
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, prescreen, 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
ICR 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.
A copy of the supporting statements
for the collection of information
discussed herein may be obtained by
visiting https://RegInfo.gov.
FOR FURTHER INFORMATION CONTACT:
Jacob Chachkin, Special Counsel,
Division of Swap Dealer and
Intermediary Oversight, Commodity
Futures Trading Commission, (202)
418–5496; email: jchachkin@cftc.gov,
and refer to OMB Control No. 3038–
0007.
SUPPLEMENTARY INFORMATION:
Title: Regulation of Domestic
Exchange-Traded Options (OMB Control
No. 3038–0007). This is a request for
extension of a currently approved
information collection.
Abstract: The rules require futures
commission merchants (FCMs) and
introducing brokers (IBs): (1) To provide
their customers with standard risk
disclosure statements concerning the
risk of trading commodity interests; and
(2) to retain all promotional material
and the source of authority for
information contained therein. The
purpose of these rules is to ensure that
customers are advised of the risks of
trading commodity interests and to
avoid fraud and misrepresentation. This
information collection contains the
recordkeeping and reporting
requirements needed to ensure
regulatory compliance with Commission
rules relating to this issue. The
disclosure and recordkeeping
requirements are necessary to monitor
and to verify compliance by FCMs and
IBs with their obligations concerning
disclosure and promotional material.
An agency 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. On June 7, 2018, the
Commission published in the Federal
Register notice of the proposed
extension of this information collection
and provided 60 days for public
comment on the proposed extension, 83
FR 26437 (‘‘60-Day Notice’’). The
Commission did not receive any
comments on the 60-Day Notice.
Burden Statement: The Commission
estimates the burden of this collection
of information as follows:
ESTIMATED ANNUAL REPORTING BURDEN
Estimated
number of
respondents or
recordkeepers
per year
Regulation
Reporting:
33.7—(Risk disclosure) .................................................
Recordkeeping:
33.8—(Retention of promotional material) ...................
Grand total (reporting and recordkeeping) ............
There are no capital costs or operating
and maintenance costs associated with
this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 8, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
BILLING CODE 6351–01–P
0.08
11,702.40
1,272.00
1.00
1,272.00
25.00
31,800.00
........................
........................
147,552.00
........................
43,502.40
COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Extend
Collection 3038–0085: Rule 50.50 EndUser Notification of Non-Cleared Swap
Commodity Futures Trading
Commission.
ACTION: Notice.
Under the Paperwork Reduction Act
(PRA), Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including proposed
extension of an existing collection of
information, and to allow 60 days for
public comment. This notice solicits
comments on the renewal of the
reporting requirement that is embedded
in the final rule adopting the end-user
exception to the Commission’s swap
clearing requirement.
Comments must be submitted on
or before October 12, 2018.
DATES:
CFR 145.9.
20:42 Aug 10, 2018
Jkt 244001
PO 00000
Estimated total
number of
hours of
annual burden
in fiscal year
146,280.00
The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) is announcing an
opportunity for public comment on the
proposed renewal of a collection of
certain information by the agency.
VerDate Sep<11>2014
Estimated
average
number of
hours per
response
115.00
SUMMARY:
1 17
Total annual
responses
1,272.00
AGENCY:
[FR Doc. 2018–17334 Filed 8–10–18; 8:45 am]
sradovich on DSK3GMQ082PROD with NOTICES
Reports
annually
by each
respondent
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]]>Agencies
[Federal Register Volume 83, Number 156 (Monday, August 13, 2018)]
[Notices]
[Pages 39990-39991]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-17334]
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In compliance with the Paperwork Reduction Act of 1995 (PRA),
this notice announces that the Information Collection Request (ICR)
abstracted below has been forwarded to the Office of Management and
Budget (OMB) for review and comment. The ICR describes the nature of
the information collection and its expected costs and burden.
DATES: Comments must be submitted on or before September 12, 2018.
ADDRESSES: Comments regarding the burden estimate or any other aspect
of the information collection, including suggestions for reducing the
burden, may be submitted directly to the Office of Information and
Regulatory Affairs (OIA) in OMB within 30 days of this notice's
publication by either of the following methods. Please identify the
comments by ``OMB Control No. 3038-0007.''
By email addressed to: [email protected] or
By mail addressed to: the Office of Information and
Regulatory Affairs, Office of Management and Budget, Attention Desk
Officer for the Commodity Futures Trading Commission, 725 17th Street
NW, Washington, DC 20503.
A copy of all comments submitted to OIRA should be sent to the
Commodity Futures Trading Commission (the ``Commission'') by either of
the following methods. The copies should refer to ``OMB Control No.
3038-0007.''
[[Page 39991]]
Through the Commission's website at https://comments.cftc.gov/. Follow the instructions for submitting comments
through the website.
By mail addressed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; or
By Hand Delivery/Courier to the same address; or
Please submit your comments using only one method. 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 confidential treatment of the exempt
information may be submitted according to the procedures established in
Sec. 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 ICR 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.
---------------------------------------------------------------------------
\1\ 17 CFR 145.9.
---------------------------------------------------------------------------
A copy of the supporting statements for the collection of
information discussed herein may be obtained by visiting https://RegInfo.gov.
FOR FURTHER INFORMATION CONTACT: Jacob Chachkin, Special Counsel,
Division of Swap Dealer and Intermediary Oversight, Commodity Futures
Trading Commission, (202) 418-5496; email: [email protected], and
refer to OMB Control No. 3038-0007.
SUPPLEMENTARY INFORMATION:
Title: Regulation of Domestic Exchange-Traded Options (OMB Control
No. 3038-0007). This is a request for extension of a currently approved
information collection.
Abstract: The rules require futures commission merchants (FCMs) and
introducing brokers (IBs): (1) To provide their customers with standard
risk disclosure statements concerning the risk of trading commodity
interests; and (2) to retain all promotional material and the source of
authority for information contained therein. The purpose of these rules
is to ensure that customers are advised of the risks of trading
commodity interests and to avoid fraud and misrepresentation. This
information collection contains the recordkeeping and reporting
requirements needed to ensure regulatory compliance with Commission
rules relating to this issue. The disclosure and recordkeeping
requirements are necessary to monitor and to verify compliance by FCMs
and IBs with their obligations concerning disclosure and promotional
material.
An agency 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. On June 7, 2018, the Commission
published in the Federal Register notice of the proposed extension of
this information collection and provided 60 days for public comment on
the proposed extension, 83 FR 26437 (``60-Day Notice''). The Commission
did not receive any comments on the 60-Day Notice.
Burden Statement: The Commission estimates the burden of this
collection of information as follows:
Estimated Annual Reporting Burden
----------------------------------------------------------------------------------------------------------------
Estimated Estimated
number of Reports Estimated total number
Regulation respondents or annually by Total annual average number of hours of
recordkeepers each responses of hours per annual burden
per year respondent response in fiscal year
----------------------------------------------------------------------------------------------------------------
Reporting:
33.7--(Risk disclosure)..... 1,272.00 115.00 146,280.00 0.08 11,702.40
Recordkeeping:
33.8--(Retention of 1,272.00 1.00 1,272.00 25.00 31,800.00
promotional material)......
-------------------------------------------------------------------------------
Grand total (reporting .............. .............. 147,552.00 .............. 43,502.40
and recordkeeping).....
----------------------------------------------------------------------------------------------------------------
There are no capital costs or operating and maintenance costs
associated with this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 8, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2018-17334 Filed 8-10-18; 8:45 am]
BILLING CODE 6351-01-P
