80_FR_17475 80 FR 17413 - Agency Information Collection Activities Under OMB Review

80 FR 17413 - Agency Information Collection Activities Under OMB Review

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 80, Issue 62 (April 1, 2015)

Page Range17413-17414
FR Document2015-07468

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.

Federal Register, Volume 80 Issue 62 (Wednesday, April 1, 2015)
[Federal Register Volume 80, Number 62 (Wednesday, April 1, 2015)]
[Notices]
[Pages 17413-17414]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-07468]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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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 May 1, 2015.

ADDRESSES: Comments may be submitted directly to OMB within 30 days of 
the notice's publication, by email at [email protected]. 
Please identify comments by ``Swap Data Repositories; Registration and 
Reporting Requirements (OMB Control No. 3038-0086).'' Please provide 
the Commission with a copy of all submitted comments at the address 
listed below. Please refer to OMB Reference No. 3038-0086, found on 
http://reginfo.gov. Comments may also be mailed 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, and Benjamin DeMaria, 
Division of Market Oversight, U.S. Commodity Futures Trading 
Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, 
DC 20581.
    Comments may also be submitted, regarding the burden estimated or 
any other aspect of the information collection, including suggestions 
for reducing the burden, identified by ``Swap Data Repositories; 
Registration and Reporting Requirements (OMB Control No. 3038-0086)'', 
by any of the following methods:
     Agency Web site, via its Comments Online process: http://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, Three Lafayette 
Centre, 1155 21st Street NW., Washington, DC 20581.
     Hand Delivery/Courier: Same as Mail, above.
     Federal eRulemaking Portal: http://www.regulations.gov/. 
Follow the instructions for submitting comments. Please submit your 
comments to the Commission using only one of these methods.
    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. 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 
section 145.9 of the Commission's regulations.\1\
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    \1\ Commission regulations referred to herein are found at 17 
CFR Ch. I. (2014).
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    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 the 
rulemaking 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: Benjamin DeMaria, Division of Market 
Oversight, U.S. Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW., Washington, DC 20581; (202) 418-5988; 
email: [email protected], and refer to OMB Control No. 3038-0086. This 
contact can also provide a copy of the ICR.

SUPPLEMENTARY INFORMATION:
    Title: ``Swap Data Repositories; Registration and Reporting 
Requirements (OMB Control No. 3038-0086).'' This is a request for 
renewal of a currently approved information collection.
    Abstract: Section 728 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act, Public Law 111-203, 124 Stat. 1376 (2010), 
specifically requires the CFTC to establish certain standards for the 
governance, registration, and statutory duties applicable to Swap Data 
Repositories (SDRs). The CFTC established these standards in part 49 of 
the CFTC's regulations.
    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. The OMB control numbers for the 
CFTC's regulations were published on December 30, 1981. See 46 FR 63035 
(Dec. 30, 1981). The Federal Register notice with a 60-day comment 
period soliciting comments on this collection of information was 
published on January 26, 2015 (80 FR 3956). No responsive comments have 
been received.
    Burden statement: The CFTC estimates that the total annual 
respondent burden is:
Registration
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6
    Estimated burden per respondent: 400 hours initially, 45 hours 
ongoing, 5 hours total for all respondents annually for deregistration.
    Frequency of collection: Annual and occasional.
    Total annual respondent burden: 2400 hours initially, 275 \2\ hours 
ongoing.
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    \2\ Five hours is being added here to the total annual ongoing 
burden for registration that was not included in the 60-day notice 
of the renewal for collection 3038-0086 (80 FR 3956, Jan. 26, 2015) 
to reflect the estimate that one registered SDR may deregister every 
two years. The burden to deregister is estimated at 10 hours per 
deregistering entity. The total annual ongoing burden for all SDRs 
for registration is now estimated to be 275 hours.

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[[Page 17414]]

Reporting
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per respondent: 40,725 hours initially; 15,325 
hours ongoing.
    Frequency of collection: Ongoing.
    Total annual respondent burden: 244,350 hours initially; 91,950 
hours ongoing.
Recordkeeping
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per respondent: 300 hours initially, 254 hours 
ongoing.
    Frequency of collection: Ongoing.
    Total annual respondent burden: 1800 hours initially, 1524 hours 
ongoing.
Disclosure
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per respondent: 100 hours initially, 1 hour 
ongoing.
    Frequency of collection: Occasional.
    Total annual respondent burden: 600 hours initially, 6 hours 
ongoing.

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

    Dated: March 27, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015-07468 Filed 3-31-15; 8:45 am]
 BILLING CODE 6351-01-P



                                                                                Federal Register / Vol. 80, No. 62 / Wednesday, April 1, 2015 / Notices                                                   17413

                                                  COMMISSION OF FINE ARTS                                 found on http://reginfo.gov. Comments                 considered as required under the
                                                                                                          may also be mailed to the Office of                   Administrative Procedure Act and other
                                                  Notice of Meeting                                       Information and Regulatory Affairs,                   applicable laws, and may be accessible
                                                                                                          Office of Management and Budget,                      under the Freedom of Information Act.
                                                    The next meeting of the U.S.                          Attention: Desk Officer for the                       FOR FURTHER INFORMATION CONTACT:
                                                  Commission of Fine Arts is scheduled                    Commodity Futures Trading                             Benjamin DeMaria, Division of Market
                                                  for 16 April 2015, at 9:00 a.m. in the                  Commission, 725 17th Street NW.,                      Oversight, U.S. Commodity Futures
                                                  Commission offices at the National                      Washington, DC 20503, and Benjamin                    Trading Commission, Three Lafayette
                                                  Building Museum, Suite 312, Judiciary                   DeMaria, Division of Market Oversight,                Centre, 1155 21st Street NW.,
                                                  Square, 401 F Street NW., Washington,                   U.S. Commodity Futures Trading                        Washington, DC 20581; (202) 418–5988;
                                                  DC 20001–2728. Items of discussion                      Commission, Three Lafayette Centre,                   email: BDeMaria@cftc.gov, and refer to
                                                  may include buildings, parks and                        1155 21st Street NW., Washington, DC                  OMB Control No. 3038–0086. This
                                                  memorials.                                              20581.                                                contact can also provide a copy of the
                                                    Draft agendas and additional                             Comments may also be submitted,                    ICR.
                                                  information regarding the Commission                    regarding the burden estimated or any
                                                  are available on our Web site:                                                                                SUPPLEMENTARY INFORMATION:
                                                                                                          other aspect of the information                         Title: ‘‘Swap Data Repositories;
                                                  www.cfa.gov. Inquiries regarding the                    collection, including suggestions for
                                                  agenda and requests to submit written                                                                         Registration and Reporting
                                                                                                          reducing the burden, identified by                    Requirements (OMB Control No. 3038–
                                                  or oral statements should be addressed                  ‘‘Swap Data Repositories; Registration
                                                  to Thomas Luebke, Secretary, U.S.                                                                             0086).’’ This is a request for renewal of
                                                                                                          and Reporting Requirements (OMB                       a currently approved information
                                                  Commission of Fine Arts, at the above                   Control No. 3038–0086)’’, by any of the
                                                  address; by emailing staff@cfa.gov; or by                                                                     collection.
                                                                                                          following methods:                                      Abstract: Section 728 of the Dodd-
                                                  calling 202–504–2200. Individuals                          • Agency Web site, via its Comments
                                                  requiring sign language interpretation                                                                        Frank Wall Street Reform and Consumer
                                                                                                          Online process: http://
                                                  for the hearing impaired should contact                                                                       Protection Act, Public Law 111–203,
                                                                                                          comments.cftc.gov. Follow the
                                                  the Secretary at least 10 days before the                                                                     124 Stat. 1376 (2010), specifically
                                                                                                          instructions for submitting comments
                                                  meeting date.                                                                                                 requires the CFTC to establish certain
                                                                                                          through the Web site.
                                                                                                             • Mail: Send to Christopher                        standards for the governance,
                                                    Dated: March 24, 2015, in Washington, DC.                                                                   registration, and statutory duties
                                                  Thomas Luebke,                                          Kirkpatrick, Secretary of the
                                                                                                          Commission, Commodity Futures                         applicable to Swap Data Repositories
                                                  Secretary.                                                                                                    (SDRs). The CFTC established these
                                                                                                          Trading Commission, Three Lafayette
                                                  [FR Doc. 2015–07155 Filed 3–31–15; 8:45 am]
                                                                                                          Centre, 1155 21st Street NW.,                         standards in part 49 of the CFTC’s
                                                  BILLING CODE 6330–01–M
                                                                                                          Washington, DC 20581.                                 regulations.
                                                                                                             • Hand Delivery/Courier: Same as                     An agency may not conduct or
                                                                                                          Mail, above.                                          sponsor, and a person is not required to
                                                  COMMODITY FUTURES TRADING                                  • Federal eRulemaking Portal: http://              respond to, a collection of information
                                                  COMMISSION                                              www.regulations.gov/. Follow the                      unless it displays a currently valid OMB
                                                                                                          instructions for submitting comments.                 control number. The OMB control
                                                  Agency Information Collection                           Please submit your comments to the                    numbers for the CFTC’s regulations
                                                  Activities Under OMB Review                             Commission using only one of these                    were published on December 30, 1981.
                                                                                                          methods.                                              See 46 FR 63035 (Dec. 30, 1981). The
                                                  AGENCY: Commodity Futures Trading                                                                             Federal Register notice with a 60-day
                                                  Commission.                                                All comments must be submitted in
                                                                                                          English, or if not, accompanied by an                 comment period soliciting comments on
                                                  ACTION: Notice.                                                                                               this collection of information was
                                                                                                          English translation. Comments will be
                                                                                                          posted as received to http://                         published on January 26, 2015 (80 FR
                                                  SUMMARY:   In compliance with the
                                                                                                          www.cftc.gov. You should submit only                  3956). No responsive comments have
                                                  Paperwork Reduction Act of 1995
                                                                                                          information that you wish to make                     been received.
                                                  (PRA), this notice announces that the
                                                                                                          available publicly. If you wish the                     Burden statement: The CFTC
                                                  Information Collection Request (ICR)
                                                                                                          Commission to consider information                    estimates that the total annual
                                                  abstracted below has been forwarded to
                                                                                                          that is exempt from disclosure under the              respondent burden is:
                                                  the Office of Management and Budget
                                                  (OMB) for review and comment. The                       Freedom of Information Act, a petition                Registration
                                                  ICR describes the nature of the                         for confidential treatment of the exempt
                                                                                                          information may be submitted according                  Respondents/Affected Entities: Swap
                                                  information collection and its expected                                                                       Data Repositories.
                                                  costs and burden.                                       to the procedures set forth in section
                                                                                                          145.9 of the Commission’s regulations.1                 Estimated number of respondents: 6
                                                  DATES: Comments must be submitted on                                                                            Estimated burden per respondent: 400
                                                                                                             The Commission reserves the right,
                                                  or before May 1, 2015.                                  but shall have no obligation, to review,              hours initially, 45 hours ongoing, 5
                                                  ADDRESSES: Comments may be                              pre-screen, filter, redact, refuse or                 hours total for all respondents annually
                                                  submitted directly to OMB within 30                     remove any or all of your submission                  for deregistration.
                                                  days of the notice’s publication, by                    from www.cftc.gov that it may deem to                   Frequency of collection: Annual and
                                                  email at                                                be inappropriate for publication, such as             occasional.
                                                                                                                                                                  Total annual respondent burden:
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                                                  OIRAsubmissions@omb.eop.gov. Please                     obscene language. All submissions that
                                                  identify comments by ‘‘Swap Data                        have been redacted or removed that                    2400 hours initially, 275 2 hours
                                                  Repositories; Registration and Reporting                contain comments on the merits of the                 ongoing.
                                                  Requirements (OMB Control No. 3038–                     rulemaking will be retained in the                      2 Five hours is being added here to the total
                                                  0086).’’ Please provide the Commission                  public comment file and will be                       annual ongoing burden for registration that was not
                                                  with a copy of all submitted comments                                                                         included in the 60-day notice of the renewal for
                                                  at the address listed below. Please refer                 1 Commission regulations referred to herein are     collection 3038–0086 (80 FR 3956, Jan. 26, 2015) to
                                                  to OMB Reference No. 3038–0086,                         found at 17 CFR Ch. I. (2014).                                                                  Continued




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                                                  17414                         Federal Register / Vol. 80, No. 62 / Wednesday, April 1, 2015 / Notices

                                                  Reporting                                               the Bureau’s final rule, Integrated                   loan should ask regarding the loan,
                                                    Respondents/Affected Entities: Swap                   Mortgage Disclosures Under the Real                   including whether the consumer will
                                                  Data Repositories.                                      Estate Settlement Procedures Act                      have the ability to repay the loan,
                                                    Estimated number of respondents: 6.                   (Regulation X) and the Truth in Lending               whether the consumer sufficiently
                                                    Estimated burden per respondent:                      Act (Regulation Z) (Integrated                        shopped for the loan, whether the loan
                                                  40,725 hours initially; 15,325 hours                    Disclosures Final Rule). The title of this            terms include prepayment penalties or
                                                  ongoing.                                                publication is ‘‘Your Home Loan                       balloon payments, and whether the loan
                                                    Frequency of collection: Ongoing.                     Toolkit: A Step-by-Step Guide.’’                      will benefit the borrower. Other statutes,
                                                    Total annual respondent burden:                       ADDRESSES: The updated consumer                       discussed below, have also amended 12
                                                  244,350 hours initially; 91,950 hours                   publication is available for download on              U.S.C. 2604 to include additional
                                                  ongoing.                                                the Bureau’s Web site at                              information on flood insurance.
                                                                                                          www.consumerfinance.gov/learnmore                        In November 2013, the Bureau issued
                                                  Recordkeeping                                           and can also be found in the Catalog of               a final rule that amended section 1024.5
                                                    Respondents/Affected Entities: Swap                   U.S. Government Publications (http://                 to provide creditors with an exemption
                                                  Data Repositories.                                      catalog.gpo.gov), maintained by                       from certain RESPA requirements,
                                                    Estimated number of respondents: 6.                   Superintendent of Documents, U.S.                     including the requirements of section
                                                    Estimated burden per respondent: 300                  Government Publishing Office,                         1024.6, for loans subject to the TILA–
                                                  hours initially, 254 hours ongoing.                     Washington, DC 20402.                                 RESPA integrated disclosure
                                                    Frequency of collection: Ongoing.                     FOR FURTHER INFORMATION CONTACT: Julie
                                                                                                                                                                requirements. The rule also added
                                                    Total annual respondent burden:                       Vore, Originations Analyst, Office of                 section 1026.19(g), which is
                                                  1800 hours initially, 1524 hours                        Mortgage Markets; David Friend,                       substantially similar to the requirements
                                                  ongoing.                                                Counsel, Office of Regulations, CFPB_                 of 1024.6, but modified to conform to
                                                                                                                                                                the usage associated with TILA.
                                                  Disclosure                                              reginquiries@cfpb.gov or (202) 435–
                                                                                                                                                                   To reflect the transfer of the Booklet
                                                                                                          7700.
                                                    Respondents/Affected Entities: Swap                                                                         to the Bureau and ensure consistency
                                                  Data Repositories.                                      SUPPLEMENTARY INFORMATION: The                        with the Bureau’s rulemakings
                                                    Estimated number of respondents: 6.                   Bureau is hereby publishing this notice               regulating practices in mortgage
                                                    Estimated burden per respondent: 100                  of availability to inform the public of               origination and servicing that took effect
                                                  hours initially, 1 hour ongoing.                        the existence of an updated version of                in January 2014, the CFPB made
                                                    Frequency of collection: Occasional.                  the Home Buying Information Booklet.                  technical and conforming changes to the
                                                    Total annual respondent burden: 600                   Background on the Booklet                             Booklet and made the revised Booklet
                                                  hours initially, 6 hours ongoing.                                                                             available in January 2014. 79 FR 1836
                                                                                                             In its enactment in 1974, section 5 of             (Jan. 10, 2014).
                                                     Authority: 44 U.S.C. 3501 et seq.                    RESPA required the provision of
                                                    Dated: March 27, 2015.                                ‘‘special information booklets’’ to help              Contents of the Updated Version of the
                                                  Christopher J. Kirkpatrick,                             persons borrowing money to finance the                Booklet
                                                  Secretary of the Commission.                            purchase of residential real estate to                   The Bureau is updating the Booklet to
                                                  [FR Doc. 2015–07468 Filed 3–31–15; 8:45 am]             understand better the nature and costs                incorporate: (1) statutory amendments
                                                  BILLING CODE 6351–01–P
                                                                                                          of real estate settlement services. Public            made to 12 U.S.C. 2604 by the Dodd-
                                                                                                          Law 93–553. Since 1976, the                           Frank Act, the Moving Ahead for
                                                                                                          Department of Housing and Urban                       Progress in 21st Century Act, Public
                                                                                                          Development (HUD) implemented the                     Law 112–141, and the Homeowner
                                                  BUREAU OF CONSUMER FINANCIAL
                                                                                                          requirement through publication of the                Flood Insurance Affordability Act of
                                                  PROTECTION
                                                                                                          Booklet titled ‘‘Shopping for Your Home               2014, Public Law 113–89; (2) the
                                                  Notice of Availability of Revised                       Loan: Settlement Cost Booklet.’’                      Bureau’s Integrated Disclosures final
                                                  Consumer Information Publication                           Section 1450 of the Dodd-Frank Wall                rule effective on August 1, 2015; and (3)
                                                                                                          Street Reform and Consumer Protection                 additional Bureau contact information,
                                                  AGENCY:  Bureau of Consumer Financial                   Act (Dodd-Frank Act), Public Law 111–                 online tools, and information on how to
                                                  Protection.                                             203, amended section 5 of RESPA by,                   submit complaints. Every effort was
                                                  ACTION: Notice of availability.                         among other things, transferring                      made to incorporate all statutory
                                                                                                          responsibility for the Booklet from HUD               amendments; however, a Dodd-Frank
                                                  SUMMARY:   The Bureau of Consumer                       to the Bureau. 12 U.S.C. 2604, as                     Act amendment to 12 U.S.C. 2604 to
                                                  Financial Protection (Bureau)                           amended by the Dodd-Frank Act,                        provide notice of a loan fraud brochure
                                                  announces the availability of an                        requires the Director of the Bureau to                and the web address and telephone
                                                  updated consumer publication, the                       prepare, at least once every five years,              number for obtaining the brochure
                                                  home buying information booklet, also                   ‘‘a booklet to help consumers applying                could not be incorporated, as the
                                                  known as the special information                        for federally related mortgage loans to               brochure is no longer supported by the
                                                  booklet or the settlement cost booklet                  understand the nature and costs of real               issuing agency. Instead, the Bureau has
                                                  (Booklet), required under the Real Estate               estate settlement services.’’ 12 U.S.C.               provided a link in the Booklet to a HUD
                                                  Settlement Procedures Act (RESPA),                      2604(a). Section 1450 of the Dodd-Frank               Web page on loan fraud.
                                                  Regulation X, and Regulation Z. This                    Act also amended 12 U.S.C. 2604 by                       The Bureau views this publication as
                                                  version of the Booklet incorporates
mstockstill on DSK4VPTVN1PROD with NOTICES




                                                                                                          adding new content requirements,                      part of the Bureau’s broader mission to
                                                  statutory amendments and the Loan                       including information on                              educate consumers about consumer
                                                  Estimate and Closing Disclosure from                    homeownership counseling services, an                 financial products. The Booklet has also
                                                                                                          explanation of a consumer’s                           been revised to, among other things,
                                                  reflect the estimate that one registered SDR may        responsibilities, liabilities and                     improve the readability and usability of
                                                  deregister every two years. The burden to deregister
                                                  is estimated at 10 hours per deregistering entity.
                                                                                                          obligations in a mortgage transaction,                the booklet and link to the Bureau’s
                                                  The total annual ongoing burden for all SDRs for        and a list of questions a consumer                    Web site, regarding tools and resources
                                                  registration is now estimated to be 275 hours.          obtaining a federally related mortgage                that consumers can use to make better-


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Document Created: 2015-12-18 11:03:38
Document Modified: 2015-12-18 11:03:38
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments must be submitted on or before May 1, 2015.
ContactBenjamin DeMaria, Division of Market Oversight, U.S. Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; (202) 418-5988; email: [email protected], and refer to OMB Control No. 3038-0086. This contact can also provide a copy of the ICR.
FR Citation80 FR 17413 

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