80 FR 23788 - Agency Information Collection Activities: Notice of Intent To Renew Collection 3038-0097, Process for Review of Swaps for Mandatory Clearing

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 80, Issue 82 (April 29, 2015)

Page Range		23788-23788
FR Document		2015-09994

The Commodity Futures Trading Commission (``Commission'' or ``CFTC'') is announcing an opportunity for public comment on the proposed collection of certain information by the agency. Under the Paperwork Reduction Act (``PRA''), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on reporting and recordkeeping requirements relating to information management requirements for derivatives clearing organizations.

Federal Register, Volume 80 Issue 82 (Wednesday, April 29, 2015)

[Federal Register Volume 80, Number 82 (Wednesday, April 29, 2015)]
[Notices]
[Page 23788]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-09994]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0097, Process for Review of Swaps for Mandatory 
Clearing

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``Commission'' or 
``CFTC'') is announcing an opportunity for public comment on the 
proposed collection of certain information by the agency. Under the 
Paperwork Reduction Act (``PRA''), Federal agencies are required to 
publish notice in the Federal Register concerning each proposed 
collection of information, including each proposed extension of an 
existing collection of information, and to allow 60 days for public 
comment. This notice solicits comments on reporting and recordkeeping 
requirements relating to information management requirements for 
derivatives clearing organizations.

DATES: Comments must be submitted on or before June 29, 2015.

ADDRESSES: You may submit comments, identified by ``Process for Review 
of Swaps for Mandatory Clearing,'' by any of the following methods:
     The Agency's Web site, at http://comments.cftc.gov/. 
Follow the instructions for submitting comments through the Web site.
     Mail: Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW., Washington, DC 20581.
     Hand Delivery/Courier: Same as Mail above.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments through the Portal.
    Please submit your comments using only one method.

FOR FURTHER INFORMATION CONTACT: Eileen Chotiner, Division of Clearing 
and Risk, Commodity Futures Trading Commission, Three Lafayette Centre, 
1155 21st Street NW., Washington, DC 20581, (202) 418-5467; email: 
[email protected], and refer to OMB Control No. 3038-0097.

SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain 
approval from the Office of Management and Budget (``OMB'') for each 
collection of information they conduct or sponsor. ``Collection of 
Information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3 and 
includes agency requests or requirements that members of the public 
submit reports, keep records, or provide information to a third party. 
Section 3506(c)(2)(A) of the PRA, 44 U.S.C. 3506(c)(2)(A), requires 
Federal agencies to provide a 60-day notice in the Federal Register 
concerning each proposed collection of information, including each 
proposed extension of an existing collection of information, before 
submitting the collection to OMB for approval. To comply with this 
requirement, the Commission is publishing notice of the proposed 
extension of the collection of information listed below.
    Title: Process for Review of Swaps for Mandatory Clearing (OMB 
Control No. 3038-0097). This is a request for extension of a currently 
approved information collection.
    Abstract: The Commodity Exchange Act and Commission regulations 
require a derivatives clearing organization (``DCO'') that wishes to 
accept a swap for clearing to be eligible to clear the swap and to 
submit the swap to the Commission for a determination as to whether the 
swap is required to be cleared. Commission Regulation 39.5 sets forth 
the process for these submissions. The Commission will use the 
information in this collection to determine whether a DCO that wishes 
to accept a swap for clearing is eligible to clear the swap and whether 
the swap should be required to be cleared.
    With respect to the collection of information, the CFTC invites 
comments on:
     Whether the proposed collection of information is 
necessary for the proper performance of the functions of the 
Commission, including whether the information will have a practical 
use;
     The accuracy of the Commission's estimate of the burden of 
the proposed collection of information, including the validity of the 
methodology and assumptions used;
     Ways to enhance the quality, usefulness, and clarity of 
the information to be collected; and
     Ways to minimize the burden of collection of information 
on those who are to respond, including through the use of appropriate 
automated electronic, mechanical, or other technological collection 
techniques or other forms of information technology; e.g., permitting 
electronic submission of responses.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
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 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 section 145.9 of the Commission's regulations.\1\
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    \1\ 17 CFR 145.9.
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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 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 Information Collection Request will be retained in 
the public comment file and will be considered as required under the 
Administrative Procedure Act and other applicable laws, and may be 
accessible under the Freedom of Information Act.
    Burden Statement: The respondent burden for this collection is 
estimated to be 40 hours per response.
    Respondents/Affected Entities: Derivatives clearing organizations.
    Estimated number of respondents: 14.
    Estimated total annual burden on respondents: 560.
    Frequency of collection: Daily, annual, and on occasion.

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

    Dated: April 24, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-09994 Filed 4-28-15; 8:45 am]
 BILLING CODE 6351-01-P

23788 Federal Register / Vol. 80, No. 82 / Wednesday, April 29, 2015 / Notices

All Internet communications between 1155 21st Street NW., Washington, DC performance of the functions of the
UPSTO employees and practitioners 20581. Commission, including whether the
must be made using USPTO tools. Video • Hand Delivery/Courier: Same as information will have a practical use;
conferencing communications regarding Mail above. • The accuracy of the Commission’s
a patent application must be hosted by • Federal eRulemaking Portal: http:// estimate of the burden of the proposed
USPTO personnel. No personal phones, www.regulations.gov. Follow the collection of information, including the
non-USPTO email, PDAs, etc. may be instructions for submitting comments validity of the methodology and
used by USPTO employees for official through the Portal. assumptions used;
communications. Please submit your comments using • Ways to enhance the quality,
In accordance with MPEP 502.03 and only one method. usefulness, and clarity of the
713.04, all communications with regard FOR FURTHER INFORMATION CONTACT: information to be collected; and
to the merits of a patent application Eileen Chotiner, Division of Clearing • Ways to minimize the burden of
between USPTO employees and and Risk, Commodity Futures Trading collection of information on those who
applicants must be made of record. Commission, Three Lafayette Centre, are to respond, including through the
1155 21st Street NW., Washington, DC use of appropriate automated electronic,
Dated: April 23, 2015.
20581, (202) 418–5467; email: mechanical, or other technological
Michelle K. Lee, collection techniques or other forms of
Under Secretary of Commerce for Intellectual echotiner@cftc.gov, and refer to OMB
Control No. 3038–0097. information technology; e.g., permitting
Property and Director of the United States electronic submission of responses.
Patent and Trademark Office. SUPPLEMENTARY INFORMATION: Under the
All comments must be submitted in
[FR Doc. 2015–10051 Filed 4–28–15; 8:45 am] PRA, Federal agencies must obtain English, or if not, accompanied by an
BILLING CODE 3510–16–P approval from the Office of Management English translation. Comments will be
and Budget (‘‘OMB’’) for each collection posted as received to http://
of information they conduct or sponsor. www.cftc.gov. You should submit only
COMMODITY FUTURES TRADING ‘‘Collection of Information’’ is defined information that you wish to make
COMMISSION in 44 U.S.C. 3502(3) and 5 CFR 1320.3 available publicly. If you wish the
and includes agency requests or Commission to consider information
Agency Information Collection requirements that members of the public that you believe is exempt from
Activities: Notice of Intent To Renew submit reports, keep records, or provide disclosure under the Freedom of
Collection 3038–0097, Process for information to a third party. Section Information Act, a petition for
Review of Swaps for Mandatory 3506(c)(2)(A) of the PRA, 44 U.S.C. confidential treatment of the exempt
Clearing 3506(c)(2)(A), requires Federal agencies information may be submitted according
to provide a 60-day notice in the to the procedures established in section
AGENCY: Commodity Futures Trading Federal Register concerning each
Commission. 145.9 of the Commission’s regulations.1
proposed collection of information, The Commission reserves the right,
ACTION: Notice. including each proposed extension of an but shall have no obligation, to review,
existing collection of information, pre-screen, filter, redact, refuse or
SUMMARY: The Commodity Futures before submitting the collection to OMB
Trading Commission (‘‘Commission’’ or remove any or all of your submission
for approval. To comply with this from http://www.cftc.gov that it may
‘‘CFTC’’) is announcing an opportunity requirement, the Commission is
for public comment on the proposed deem to be inappropriate for
publishing notice of the proposed publication, such as obscene language.
collection of certain information by the extension of the collection of
agency. Under the Paperwork Reduction All submissions that have been redacted
information listed below. or removed that contain comments on
Act (‘‘PRA’’), Federal agencies are Title: Process for Review of Swaps for
required to publish notice in the the merits of the Information Collection
Mandatory Clearing (OMB Control No. Request will be retained in the public
Federal Register concerning each 3038–0097). This is a request for
proposed collection of information, comment file and will be considered as
extension of a currently approved required under the Administrative
including each proposed extension of an information collection.
existing collection of information, and Procedure Act and other applicable
Abstract: The Commodity Exchange laws, and may be accessible under the
to allow 60 days for public comment. Act and Commission regulations require
This notice solicits comments on Freedom of Information Act.
a derivatives clearing organization Burden Statement: The respondent
reporting and recordkeeping (‘‘DCO’’) that wishes to accept a swap
requirements relating to information burden for this collection is estimated to
for clearing to be eligible to clear the be 40 hours per response.
management requirements for swap and to submit the swap to the
derivatives clearing organizations. Respondents/Affected Entities:
Commission for a determination as to Derivatives clearing organizations.
DATES: Comments must be submitted on whether the swap is required to be Estimated number of respondents: 14.
or before June 29, 2015. cleared. Commission Regulation 39.5 Estimated total annual burden on
ADDRESSES: You may submit comments, sets forth the process for these respondents: 560.
identified by ‘‘Process for Review of submissions. The Commission will use Frequency of collection: Daily,
Swaps for Mandatory Clearing,’’ by any the information in this collection to annual, and on occasion.
of the following methods: determine whether a DCO that wishes to Authority: 44 U.S.C. 3501 et seq.
• The Agency’s Web site, at http://
mstockstill on DSK4VPTVN1PROD with NOTICES

accept a swap for clearing is eligible to
comments.cftc.gov/. Follow the clear the swap and whether the swap Dated: April 24, 2015.
instructions for submitting comments should be required to be cleared. Robert N. Sidman,
through the Web site. With respect to the collection of Deputy Secretary of the Commission.
• Mail: Christopher Kirkpatrick, information, the CFTC invites [FR Doc. 2015–09994 Filed 4–28–15; 8:45 am]
Secretary of the Commission, comments on: BILLING CODE 6351–01–P
Commodity Futures Trading • Whether the proposed collection of
Commission, Three Lafayette Centre, information is necessary for the proper 1 17 CFR 145.9.

VerDate Sep<11>2014 17:18 Apr 28, 2015 Jkt 235001 PO 00000 Frm 00028 Fmt 4703 Sfmt 9990 E:\FR\FM\29APN1.SGM 29APN1

Document Created: 2015-12-16 08:25:51
Document Modified: 2015-12-16 08:25:51

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		Comments must be submitted on or before June 29, 2015.
Contact		Eileen Chotiner, Division of Clearing and Risk, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581, (202) 418-5467; email: [email protected], and refer to OMB Control No. 3038-0097.
FR Citation		80 FR 23788