Agency Information Collection Activities: Notice of Intent To Revise Collection 3038-0052; Core Principles and Other Requirements for Designated Contract Markets, 13008-13009 [2019-06444]

Download as PDF 13008 Federal Register / Vol. 84, No. 64 / Wednesday, April 3, 2019 / Notices Party may submit a nomination of a species for inclusion in or deletion from the Annexes; that the Party shall submit supporting documentation; and that the SPAW STAC shall review the nomination. At the December 2018 meeting, the SPAW STAC reviewed the species proposed by Parties for listing under the SPAW Protocol and made recommendations to the tenth SPAW Conference of the Parties (COP10) meeting, expected to be held in June 2019. The STAC determined that the procedures for nominating species and the supporting documentation were satisfactory for positive recommendations to the COP regarding the species identified above. Species Under the Jurisdiction of the National Marine Fisheries Service Both species recommended by the STAC to be added to the Annexes at the December 2018 meeting fall under the jurisdiction of NMFS. One species of fish, the largetooth sawfish (Pristis pectinata), has been recommended to be added to Annex II. The largetooth sawfish is currently listed as endangered under the ESA, and was originally listed under the ESA in 2011. The other species under NMFS’ jurisdiction, the silky shark (Charcharhinus falciformis) has been recommended to be added to Annex III. Comments Solicited The Department of State and NMFS solicit comments and information that will inform the United States’ consideration of the potential listing of these species in the SPAW Annexes. Dated: March 28, 2019. Donna S. Wieting, Director, Office of Protected Resources, National Marine Fisheries Service. [FR Doc. 2019–06416 Filed 4–2–19; 8:45 am] BILLING CODE 3510–22–P COMMODITY FUTURES TRADING COMMISSION Agency Information Collection Activities: Notice of Intent To Revise Collection 3038–0052; Core Principles and Other Requirements for Designated Contract Markets Commodity Futures Trading Commission. ACTION: Notice. khammond on DSKBBV9HB2PROD with NOTICES AGENCY: The Commodity Futures Trading Commission (‘‘Commission’’) is announcing an opportunity for public comment on the proposed revision of a collection of certain information by the agency. Under the Paperwork Reduction SUMMARY: VerDate Sep<11>2014 17:19 Apr 02, 2019 Jkt 247001 Act (‘‘PRA’’), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including proposed revision of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the revision of estimates contained in information collection requirements related to the recent amendment of the timing and scope of a report required to be filed by self-regulatory organizations (SROs) pursuant to Commission Regulation 1.52. DATES: Comments must be submitted on or before June 3, 2019. ADDRESSES: You may submit comments, identified by ‘‘OMB Control No. 3038– 0052’’ by any of the following methods: • The Agency’s website, at http:// comments.cftc.gov/. Follow the instructions for submitting comments through the website. • 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. 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 http://www.cftc.gov. FOR FURTHER INFORMATION CONTACT: Joshua Beale, Associate Director, Division of Swap Dealer and Intermediary Oversight, Commodity Futures Trading Commission, (202) 418–5447; email: jbeale@cftc.gov. SUPPLEMENTARY INFORMATION: 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 revision of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the CFTC is publishing notice for the amendment of the collection listed below. An agency may PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 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: Core Principles and Other Requirements for Designated Contract Markets (OMB Control No. 3038–0052). This is a request for a revision of a currently approved information collection. Abstract: The Commission has recently amended its regulation 1.52 to revise the scope and potential frequency of a third-party expert’s evaluation of SROs’ financial surveillance programs. The evaluation report requirement is a portion of the existing information collection of requirements for SROs under Commission regulation 1.52, including Designated Contract Markets and the National Futures Association. The Commission’s rulemaking will not alter the requirement for an SRO to engage an examinations expert to evaluate its supervisory program prior to the initial use of the supervisory program. The Commission, however, is eliminating the requirement that the examinations expert must review the SRO’s ongoing application of its supervisory program during periodic reviews and the analysis of the supervisory program’s design to detect material weaknesses in internal controls during both periodic reviews and the initial review prior to the program’s initial use. The Commission also is revising the frequency of when an SRO must engage an examinations expert. Regulation 1.52 required an SRO to engage an examinations expert at least once every three years to perform such a review. The Commission amended Regulation 1.52 to require an SRO to engage an examinations expert whenever the Public Company Accounting Oversight Board (‘‘PCAOB’’) issues new or revised auditing standards that are material to the SRO’s examination of member FCMs. The amendments further require an SRO to engage an examinations expert at least once every five years even if the SRO determined that the PCAOB did not issue new or revised auditing standards during the previous five-year period that are material to its examinations of member FCMs. The changes to the examinations expert reviews impact the resulting expert reports information collection burden. The information collection is necessary to enhance the ability of the Commission and the designated self-regulatory organization to identify problematic financial matters in time to avoid market disruptions when an FCM may fail, particularly with respect to the tie-up of customer funds that may result. E:\FR\FM\03APN1.SGM 03APN1 khammond on DSKBBV9HB2PROD with NOTICES Federal Register / Vol. 84, No. 64 / Wednesday, April 3, 2019 / Notices The Commission, when originally proposing changes to regulation 1.52, invited comments on its assessment that although the costs associated with obtaining the third-party expert would be reduced by the amendment, the paperwork burden impact of the amended scope of the report would be minimal. The Commission received no comments and has adopted the final rule. However, the Commission has determined that a slight revision of the expected burden hours associated with the information collection is possible due to the changes related to the thirdparty examinations expert report. Accordingly, the Commission is revising the total burden hours related to regulation 1.52 included in this collection. The Commission previously estimated the entire burden hours for designated contract markets as SROs associated with regulation 1.52 as 50 hours per respondent. The revised scope of the third-party evaluation report should slightly reduce personnel hours needed to coordinate obtaining the report, although most of the burden hours included in this collection are associated with other aspects of the financial surveillance program requirements. Therefore, the Commission is revising the estimate of the burden hours associated with regulation 1.52 to be 49 hours per respondent. Additionally, the Commission notes that the number of registered, active DCMs has decreased from 15 to 14. 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 VerDate Sep<11>2014 17:19 Apr 02, 2019 Jkt 247001 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 http://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: The Commission is revising its estimate of the burden for this collection.2 The respondent burden for this collection is estimated to be as follows: Respondents/Affected Entities: Designated Contract Markets and Selfregulatory Organizations. Estimated Number of Respondents: 14. Estimated Average Burden Hours per Respondent: 49. Estimated Total Annual Burden Hours: 686. Frequency of Collection: Various. The amended regulations require no new startup or operations and maintenance costs. (Authority: 44 U.S.C. 3501 et seq.) Dated: March 29, 2019. Robert Sidman, Deputy Secretary of the Commission. [FR Doc. 2019–06444 Filed 4–2–19; 8:45 am] BILLING CODE 6351–01–P DEPARTMENT OF DEFENSE Department of the Air Force Air University Board of Visitors Meeting Amended Notice of Meeting of the Air University Board of Visitors. ACTION: Under the provisions of the Federal Advisory Committee Act of SUMMARY: 1 17 CFR 145.9. are three Information Collection’s (ICs) that fall within OMB Control No. 3038–0052. The changes in the Final rules adopted herein only pertain to IC: Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations and relate only to amendments to Regulation 1.52, which has been reduced by 1 burden hour per respondent. Additionally, the number of respondents has decreased from 15 to 14. 2 There PO 00000 Frm 00008 Fmt 4703 Sfmt 4703 13009 1972, the Government in the Sunshine Act of 1976 and the Code of Federal Regulations, the Department of Defense announces a meeting of the Air University Board of Visitors. DATES: The meeting will take place on Monday, 8 April 2019, from 8:00 a.m. to approximately 4:30 p.m. and Tuesday, 9 November, 2019, from 8:00 a.m. to approximately 4:30 p.m. Central Standard Time. ADDRESSES: The meeting will be held in the Air University Commander’s Conference Room located in Building 800 at Maxwell Air Force Base, AL. FOR FURTHER INFORMATION CONTACT: Dr. Yolanda Williams, Designated Federal Officer, Air University Headquarters, 55 LeMay Plaza South, Maxwell Air Force Base, Alabama 36112– 6335, telephone (334) 462–1002. SUPPLEMENTARY INFORMATION: The purpose of this meeting is to provide independent advice and recommendations on matters pertaining to the educational, doctrinal, and research policies and activities of Air University. The agenda will include topics relating to the policies, programs, and initiatives of Air University educational programs and will include an out brief from the Air Force Institute of Technology and Community College of the Air Force Subcommittees. Pursuant to 5 U.S.C. 552b, as amended, and 41 CFR 102–3.155 all sessions of the Air University Board of Visitors’ meetings’ will be open to the public. Any member of the public wishing to provide input to the Air University Board of Visitors’ should submit a written statement in accordance with 41 CFR 102–3.140(c) and section 10(a)(3) of the Federal Advisory Committee Act and the procedures described in this paragraph. Written statements can be submitted to the Designated Federal Officer at the address detailed below at any time. Statements being submitted in response to the agenda mentioned in this notice must be received by the Designated Federal Officer at the address listed below at least ten calendar days prior to the meeting, which is the subject of this notice. Written statements received after this date may not be provided to or considered by the Air University Board of Visitors until its next meeting. The Designated Federal Officer will review all timely submissions with the Air University Board of Visitors’ Board Chairperson and ensure they are provided to members of the Board before the meeting that is the subject of this notice. Any member of the public E:\FR\FM\03APN1.SGM 03APN1

Agencies

[Federal Register Volume 84, Number 64 (Wednesday, April 3, 2019)]
[Notices]
[Pages 13008-13009]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06444]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Revise Collection 3038-0052; Core Principles and Other Requirements for 
Designated Contract Markets

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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

SUMMARY: The Commodity Futures Trading Commission (``Commission'') is 
announcing an opportunity for public comment on the proposed revision 
of a 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, including proposed revision of an existing 
collection of information, and to allow 60 days for public comment. 
This notice solicits comments on the revision of estimates contained in 
information collection requirements related to the recent amendment of 
the timing and scope of a report required to be filed by self-
regulatory organizations (SROs) pursuant to Commission Regulation 1.52.

DATES: Comments must be submitted on or before June 3, 2019.

ADDRESSES: You may submit comments, identified by ``OMB Control No. 
3038-0052'' by any of the following methods:
     The Agency's website, at http://comments.cftc.gov/. Follow 
the instructions for submitting comments through the website.
     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.
    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 http://www.cftc.gov.

FOR FURTHER INFORMATION CONTACT: Joshua Beale, Associate Director, 
Division of Swap Dealer and Intermediary Oversight, Commodity Futures 
Trading Commission, (202) 418-5447; email: [email protected].

SUPPLEMENTARY INFORMATION: 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 revision of an existing collection 
of information, before submitting the collection to OMB for approval. 
To comply with this requirement, the CFTC is publishing notice for the 
amendment of the collection 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: Core Principles and Other Requirements for Designated 
Contract Markets (OMB Control No. 3038-0052). This is a request for a 
revision of a currently approved information collection.
    Abstract: The Commission has recently amended its regulation 1.52 
to revise the scope and potential frequency of a third-party expert's 
evaluation of SROs' financial surveillance programs. The evaluation 
report requirement is a portion of the existing information collection 
of requirements for SROs under Commission regulation 1.52, including 
Designated Contract Markets and the National Futures Association. The 
Commission's rulemaking will not alter the requirement for an SRO to 
engage an examinations expert to evaluate its supervisory program prior 
to the initial use of the supervisory program. The Commission, however, 
is eliminating the requirement that the examinations expert must review 
the SRO's ongoing application of its supervisory program during 
periodic reviews and the analysis of the supervisory program's design 
to detect material weaknesses in internal controls during both periodic 
reviews and the initial review prior to the program's initial use. The 
Commission also is revising the frequency of when an SRO must engage an 
examinations expert. Regulation 1.52 required an SRO to engage an 
examinations expert at least once every three years to perform such a 
review. The Commission amended Regulation 1.52 to require an SRO to 
engage an examinations expert whenever the Public Company Accounting 
Oversight Board (``PCAOB'') issues new or revised auditing standards 
that are material to the SRO's examination of member FCMs. The 
amendments further require an SRO to engage an examinations expert at 
least once every five years even if the SRO determined that the PCAOB 
did not issue new or revised auditing standards during the previous 
five-year period that are material to its examinations of member FCMs. 
The changes to the examinations expert reviews impact the resulting 
expert reports information collection burden. The information 
collection is necessary to enhance the ability of the Commission and 
the designated self-regulatory organization to identify problematic 
financial matters in time to avoid market disruptions when an FCM may 
fail, particularly with respect to the tie-up of customer funds that 
may result.

[[Page 13009]]

    The Commission, when originally proposing changes to regulation 
1.52, invited comments on its assessment that although the costs 
associated with obtaining the third-party expert would be reduced by 
the amendment, the paperwork burden impact of the amended scope of the 
report would be minimal. The Commission received no comments and has 
adopted the final rule. However, the Commission has determined that a 
slight revision of the expected burden hours associated with the 
information collection is possible due to the changes related to the 
third-party examinations expert report. Accordingly, the Commission is 
revising the total burden hours related to regulation 1.52 included in 
this collection.
    The Commission previously estimated the entire burden hours for 
designated contract markets as SROs associated with regulation 1.52 as 
50 hours per respondent. The revised scope of the third-party 
evaluation report should slightly reduce personnel hours needed to 
coordinate obtaining the report, although most of the burden hours 
included in this collection are associated with other aspects of the 
financial surveillance program requirements. Therefore, the Commission 
is revising the estimate of the burden hours associated with regulation 
1.52 to be 49 hours per respondent. Additionally, the Commission notes 
that the number of registered, active DCMs has decreased from 15 to 14.
    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 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 http://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: The Commission is revising its estimate of the 
burden for this collection.\2\ The respondent burden for this 
collection is estimated to be as follows:
---------------------------------------------------------------------------

    \2\ There are three Information Collection's (ICs) that fall 
within OMB Control No. 3038-0052. The changes in the Final rules 
adopted herein only pertain to IC: Enhancing Protections Afforded 
Customers and Customer Funds Held by Futures Commission Merchants 
and Derivatives Clearing Organizations and relate only to amendments 
to Regulation 1.52, which has been reduced by 1 burden hour per 
respondent. Additionally, the number of respondents has decreased 
from 15 to 14.
---------------------------------------------------------------------------

    Respondents/Affected Entities: Designated Contract Markets and 
Self-regulatory Organizations.
    Estimated Number of Respondents: 14.
    Estimated Average Burden Hours per Respondent: 49.
    Estimated Total Annual Burden Hours: 686.
    Frequency of Collection: Various.
    The amended regulations require no new startup or operations and 
maintenance costs.

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

    Dated: March 29, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-06444 Filed 4-2-19; 8:45 am]
 BILLING CODE 6351-01-P