80 FR 45204 - Agency Information Collection Activities Under OMB Review

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 80, Issue 145 (July 29, 2015)

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, Number 145 (Wednesday, July 29, 2015)]
[Notices]
[Pages 45204-45205]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-18574]


=======================================================================
-----------------------------------------------------------------------

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 August 28, 2015.

ADDRESSES: Comments regarding the burden estimated 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, Office of Management and Budget, Attention: Desk 
Officer for the Commodity Futures Trading Commission, 725 17th Street 
NW., Washington, DC 20503, within 30 days of the notice's publication, 
or by email at [email protected]. Please identify the 
comments by OMB Control No. 3038-0021. Please provide the Commission 
with a copy of all submitted comments at the address listed below. 
Please refer to OMB Reference No. 3038-0021, found on http://reginfo.gov. Comments may also be sent through the Agency's Web site at 
http://comments.cftc.gov. Follow the instructions for submitting 
comments through the Web site.
    Comments may also be mailed to: Christopher Kirkpatrick, Secretary 
of the Commission, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street NW., Washington, DC 20581, by Hand 
Deliver/Courier at the same address, or to the Federal eRulemaking 
Portal: http://www.regulations.gov/.
    A copy of the supporting statements for the collection of 
information discussed above may be obtained by visiting RegInfo.gov. 
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: Robert Wasserman, Chief Counsel, 
Division of Clearing and Risk, Commodity Futures Trading Commission, 
(202) 418-5092; email: [email protected], and refer to OMB Control 
No. 3038-0021.

SUPPLEMENTARY INFORMATION: This is a request for an extension of a 
previously approved collection--Extension.
    Title: Regulations Governing Bankruptcies of Commodity Brokers (OMB 
Control No. 3038-0021).
    Abstract: This collection of information involves recordkeeping and 
notice requirements in the Commodity Futures Trading Commission's 
(``CFTC'' or ``Commission'') bankruptcy rules for commodity broker 
liquidations, 17 CFR part 190. These requirements are intended to 
facilitate the effective, efficient, and fair conduct of liquidation 
proceedings for commodity brokers and to protect the interests of 
customers in these proceedings.
    Burden Statement: Commodity broker liquidations occur at 
unpredictable and irregular intervals; for purposes of estimating 
information collection burden, this notice assumes an average of one 
commodity broker liquidation

[[Page 45205]]

every three years. The CFTC further notes that the information 
collection burden will vary in particular commodity broker liquidations 
depending on the size of the commodity broker, the extent to which 
accounts are able to be quickly transferred, and other factors specific 
to the circumstances of the liquidation. The Commission estimates the 
average burden of this collection of information as follows:
 Rule 190.02(a)(1)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 2.
    Estimated Hours per Response: 0.5.
    Estimated Total Hours per Year: 0.33.
 Rule 190.02(a)(2)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 1.
    Estimated Hours per Response: 2.
    Estimated Total Hours per Year: 0.67.
 Rule 190.02(b)(1)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 4.
    Estimated Hours per Response: 1.
    Estimated Total Hours per Year: 1.32.
 Rule 190.02(b)(2)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: 0.1.
    Estimated Total Hours per Year: 330.
 Rule 190.02(b)(3)
    Estimated Respondents or Recordkeepers per Year: 0.05 (rarely if 
ever occurs).
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: 0.2.
    Estimated Total Hours per Year: 100.
 Rule 190.02(b)(4)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: 0.2.
    Estimated Total Hours per Year: 660.
 Rule 190.02(c)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10.
    Estimated Hours per Response: 10.
    Estimated Total Hours per Year: 33.
 Rule 190.03(a)(1)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 20,000.
    Estimated Hours per Response: 0.01.
    Estimated Total Hours per Year: 66.
 Rule 190.03(a)(2)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 20,000.
    Estimated Hours per Response: 0.02.
    Estimated Total Hours per Year: 132.
 Rule 190.04(b)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 40,000.
    Estimated Hours per Response: 0.01.
    Estimated Total Hours per Year: 132.
 Rule 190.06(b)
    Estimated Respondents or Recordkeepers per Year: 0.33.
    Estimated Reports Annually per Respondent or Recordkeeper: 1.
    Estimated Hours per Response: 1.
    Estimated Total Hours per Year: 0.33.
 Rule 190.06(d)
    Estimated Respondents or Recordkeepers per Year: 125.
    Estimated Reports Annually per Respondent or Recordkeeper: 1000.
    Estimated Hours per Response: 0.05.
    Estimated Total Hours per Year: 6250.
 Rule 190.10(c)
    Estimated Respondents or Recordkeepers per Year: 125.
    Estimated Reports Annually per Respondent or Recordkeeper: 1000.
    Estimated Hours per Response: 0.05.
    Estimated Total Hours per Year: 6250.
    There are estimated to be no capital costs or operating and 
maintenance costs associated with this collection.

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

     Dated: July 24, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-18574 Filed 7-28-15; 8:45 am]
BILLING CODE 6351-01-P