81 FR 3391 - Agency Information Collection Activities Under OMB Review
COMMODITY FUTURES TRADING COMMISSION Federal Register Volume 81, Issue 13 (January 21, 2016)
Federal Register Volume 81, Issue 13 (January 21, 2016)
| Page Range | 3391-3392 | |
| FR Document | 2016-01139 |
[Federal Register Volume 81, Number 13 (Thursday, January 21, 2016)] [Notices] [Pages 3391-3392] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-01139] ----------------------------------------------------------------------- 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 February 22, 2016. 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 (``OIRA'') in OMB, within 30 days of the notice's publication, by email at [email protected]. Please identify the comments by OMB Control No. 3038-0080. Please provide the Commodity Futures Trading Commission (``CFTC'' or ``Commission'') with a copy of all submitted comments at the address listed below. Please refer to OMB Reference No. 3038-0080, 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, or 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 or by Hand Delivery/Courier at the same address. A copy of the supporting statements for the collection of information discussed above may be obtained by visiting http://reginfo.gov. All [[Page 3392]] 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: 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. 3038-0080. SUPPLEMENTARY INFORMATION: Title: Annual Report for Chief Compliance Officer of Registrants (OMB Control No. 3038-0080). This is a request for an extension of a currently approved information collection. Abstract: On April 3, 2012, the Commission adopted Commission regulation 3.3 (Chief Compliance Officer) \1\ under sections 4d(d) and 4s(k) \2\ of the Commodity Exchange Act (``CEA''). Commission regulation 3.3 requires each futures commission merchant (``FCM''),\3\ swap dealer (``SD''),\4\ and major swap participant (``MSP'') \5\ to designate, by filing a form 8-R, a chief compliance officer who is responsible for developing and administering policies and procedures that fulfill certain duties of the FCM, SD, or MSP and that are reasonably designed to ensure the registrant's compliance with the CEA and Commission regulations; establishing procedures for the remediation of noncompliance issues identified by the chief compliance officer; establishing procedures for the handling, management response, remediation, retesting, and closing of noncompliance issues; preparing, signing, certifying and filing with the Commission an annual compliance report that contains the information specified in the regulations; amending the annual report if material errors or omissions are identified; and maintaining records of the registrant's compliance policies and procedures and records related to the annual report. --------------------------------------------------------------------------- \1\ 17 CFR 3.3. \2\ 7 U.S.C. 6d(d) and 6s(k). \3\ For the definition of FCM, see section 1a(28) of the CEA and Commission regulation 1.3(p). 7 U.S.C. 1a(28) and 17 CFR 1.3(p). \4\ For the definition of SD, see section 1a(49) of the CEA and Commission regulation 1.3(ggg). 7 U.S.C. 1a(49) and 17 CFR 1.3(ggg). \5\ For the definitions of MSP, see section 1a(33) of the CEA and Commission regulation 1.3(hhh). 7 U.S.C. 1a(33) and 17 CFR 1.3(hhh). --------------------------------------------------------------------------- The information collection obligations imposed by Commission regulation 3.3 are essential to ensuring that FCMs, SDs, and MSPs maintain comprehensive policies and procedures that promote compliance with the CEA and Commission regulations. In particular, the Commission believes that, among other things, these obligations (i) promote compliance behavior through periodic self-evaluation, (ii) inform the Commission of possible compliance weaknesses, (iii) assist the Commission in determining whether the registrant remains in compliance with the CEA and Commission regulations, and (iv) help the Commission to assess whether the registrant has mechanisms in place to adequately address compliance problems that could lead to a failure of the registrant. Burden Statement: In light of the current number of Commission- registered FCMs, SDs, and MSPs, the Commission revised its estimate of the burden for this collection. Accordingly, the respondent burden for this collection is estimated to be as follows: Number of Registrants: 178. Estimated Average Burden Hours per Registrant: 1,006. Estimated Aggregate Burden Hours: 179,068. Frequency of Recordkeeping/Third-party Disclosure: Annually or on occasion. Authority: 44 U.S.C. 3501 et seq. Dated: January 15, 2016. Robert N. Sidman, Deputy Secretary of the Commission. [FR Doc. 2016-01139 Filed 1-20-16; 8:45 am] BILLING CODE 6351-01-P
![Federal Register / Vol. 81, No. 13 / Thursday, January 21, 2016 / Notices 3391
addition, NFA will maintain these be specified by the Commission or the Issued in Washington, DC, on January 14,
records in accordance with the Director of DSIO. 2016, by the Commission.
Commission’s Records Disposition Christopher J. Kirkpatrick,
Schedule. Further, the work of the II. Conclusion and Order Secretary of the Commission.
Commission requires that Commission The Commission has determined, in [FR Doc. 2016–01051 Filed 1–20–16; 8:45 am]
staff have ready electronic access to the accordance with Sections 4s(f)(1), 8a(10) BILLING CODE 6351–01–P
information contained in the documents and 17(o)(1) of the CEA, to authorize
encompassed by this Order. NFA to perform the following functions:
Commission staff will have electronic COMMODITY FUTURES TRADING
access to a database containing the (1) To receive in the form and manner COMMISSION
pertinent information contained in the prescribed by NFA, and conduct
subject filings. Moreover, NFA will reviews of, the notices of swap Agency Information Collection
make physical copies of any of the valuation disputes specified in Activities Under OMB Review
documents encompassed by this Order Regulation 23.502(c), as described
above; and AGENCY: Commodity Futures Trading
available to the Commission,
Commission.
Commission staff, the Department of (2) To maintain and serve as the
Justice, the Securities and Exchange ACTION: Notice.
official custodian of those Commission
Commission, and all applicable records. SUMMARY: In compliance with the
prudential regulators promptly. Paperwork Reduction Act of 1995
In light of NFA’s experience in NFA shall perform these functions in
accordance with the standards (‘‘PRA’’), this notice announces that the
receiving and reviewing disclosure Information Collection Request (‘‘ICR’’)
documents on behalf of the established by the Act and the
regulations and orders promulgated abstracted below has been forwarded to
Commission, the Commission has the Office of Management and Budget
determined to delegate to NFA the thereunder, and shall provide the
Commission with such summaries and (‘‘OMB’’) for review and comment. The
responsibility to receive and review ICR describes the nature of the
notices of swap valuation disputes periodic reports regarding those records
and their contents as the Commission or information collection and its expected
required to be filed pursuant to costs and burden.
Regulation 23.502(c), to provide the the Director of DSIO may determine are
necessary for the effective oversight of DATES: Comments must be submitted on
Commission with such summaries and
periodic reports as the Commission, this program. or before February 22, 2016.
through the Director of DSIO, may ADDRESSES: Comments regarding the
These determinations are based, in
determine are necessary for the effective burden estimated or any other aspect of
part, on the Commission’s authority to the information collection, including
oversight of SDs and MSPs, and to delegate to NFA portions of the
maintain and serve as the official suggestions for reducing the burden,
Commission’s responsibilities under the may be submitted directly to the Office
custodian of records for those CEA, in furtherance of carrying out
documents. This determination is based of Information and Regulatory Affairs
these responsibilities in the most (‘‘OIRA’’) in OMB, within 30 days of the
upon NFA’s representations regarding efficient and cost-effective manner, and
procedures for maintaining and notice’s publication, by email at
upon NFA’s representations concerning OIRAsubmissions@omb.eop.gov. Please
safeguarding all such records. In the standards and procedures to be
maintaining the Commission’s records identify the comments by OMB Control
followed and the reports to be generated No. 3038–0080. Please provide the
pursuant to this Order, NFA shall be in administering these functions.
subject to all other requirements and Commodity Futures Trading
obligations imposed on it by the This Order does not, however, Commission (‘‘CFTC’’ or
Commission in existing or future orders authorize NFA to render ‘‘no-action’’ ‘‘Commission’’) with a copy of all
or regulations. In this regard, NFA shall positions, exemptions or interpretations submitted comments at the address
also implement such additional with respect to applicable disclosure, listed below. Please refer to OMB
procedures (or modify existing reporting, recordkeeping and Reference No. 3038–0080, found on
procedures) as are acceptable to the registration requirements. http://reginfo.gov. Comments may also
Commission and as are necessary and Nothing in this Order or in CEA be mailed to the Office of Information
acceptable to the Commission to Sections 8a(10) or 17(o) shall affect the and Regulatory Affairs, Office of
accomplish the following: Ensure the Commission’s authority to review NFA’s Management and Budget, Attention:
security and integrity of the records in performance of Commission functions Desk Officer for the Commodity Futures
NFA’s custody; facilitate prompt access listed above. Trading Commission, 725 17th Street
to those records by the Commission and NW., Washington, DC 20503, or through
NFA is authorized to perform all the Agency’s Web site at http://
its staff, particularly as described in functions specified herein until such
other Commission orders or rules; comments.cftc.gov. Follow the
time as the Commission orders instructions for submitting comments
facilitate disclosure of public or otherwise. Nothing in this Order shall
nonpublic information in those records through the Web site.
prevent the Commission from exercising Comments may also be mailed to:
when permitted by Commission orders
the authority delegated herein. NFA Christopher Kirkpatrick, Secretary of the
or rules and keep logs as required by the
may submit to the Commission for Commission, Commodity Futures
asabaliauskas on DSK9F6TC42PROD with NOTICES
Commission concerning disclosure of
decision any specific matter regarding Trading Commission, Three Lafayette
nonpublic information; and otherwise
the functions delegated to it, and Centre, 1155 21st Street NW.,
safeguard the confidentiality of the
Commission staff will be available to Washington, DC 20581 or by Hand
records. NFA shall also make such
discuss with NFA staff issues relating to Delivery/Courier at the same address.
reports regarding those notices as shall
the implementation of this Order. A copy of the supporting statements
described in sections 8(a), 8(e), and 8a(6) of the Act,
Nothing in this Order affects the for the collection of information
so that any such information will not be disclosed applicability of any previous Orders discussed above may be obtained by
inadvertently or without authority.’’). issued by the Commission. visiting http://reginfo.gov. All
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![3392 Federal Register / Vol. 81, No. 13 / Thursday, January 21, 2016 / Notices
comments must be submitted in Commission regulations. In particular, via email to: Gordon_W_Weynand@
English, or if not, accompanied by an the Commission believes that, among ceq.eop.gov.
English translation. Comments will be other things, these obligations (i) FOR FURTHER INFORMATION CONTACT:
posted as received to http:// promote compliance behavior through Gordon Weynand, Office of Federal
www.cftc.gov. periodic self-evaluation, (ii) inform the Sustainability, White House Council on
FOR FURTHER INFORMATION CONTACT: Commission of possible compliance Environmental Quality, Gordon_W_
Jacob Chachkin, Special Counsel, weaknesses, (iii) assist the Commission Weynand@ceq.eop.gov.
Division of Swap Dealer and in determining whether the registrant
SUPPLEMENTARY INFORMATION:
Intermediary Oversight, Commodity remains in compliance with the CEA
Application Information: Only non-
Futures Trading Commission, (202) and Commission regulations, and (iv)
government entities that are not-for-
418–5496, email: jchachkin@cftc.gov, help the Commission to assess whether
profit corporations or entities are
and refer to OMB Control No. 3038– the registrant has mechanisms in place
eligible for co-sponsorship of the 2016
0080. to adequately address compliance
GreenGov Symposium. Potential co-
problems that could lead to a failure of
SUPPLEMENTARY INFORMATION: sponsors could include, but are not
the registrant.
Title: Annual Report for Chief limited to, registered 501(c)3
Burden Statement: In light of the
Compliance Officer of Registrants (OMB organizations and academic institutions.
current number of Commission-
Control No. 3038–0080). This is a Eligible entities interested in co-
registered FCMs, SDs, and MSPs, the
request for an extension of a currently sponsoring the 2016 GreenGov
Commission revised its estimate of the
approved information collection. Symposium effort should demonstrate
Abstract: On April 3, 2012, the burden for this collection. Accordingly,
the respondent burden for this and provide relevant information on:
Commission adopted Commission • Alignment of their organization’s
regulation 3.3 (Chief Compliance collection is estimated to be as follows:
Number of Registrants: 178. mission and goals with the mission and
Officer) 1 under sections 4d(d) and goals of CEQ and the Office of Federal
Estimated Average Burden Hours per
4s(k) 2 of the Commodity Exchange Act Sustainability and with the general
Registrant: 1,006.
(‘‘CEA’’). Commission regulation 3.3 purpose of the Symposium;
Estimated Aggregate Burden Hours:
requires each futures commission
179,068. • ability to contribute to selection of
merchant (‘‘FCM’’),3 swap dealer Frequency of Recordkeeping/Third- Symposium location(s), associated
(‘‘SD’’),4 and major swap participant party Disclosure: Annually or on logistics, agenda planning, speaker
(‘‘MSP’’) 5 to designate, by filing a form occasion. proposal and selection, and event
8–R, a chief compliance officer who is outreach;
responsible for developing and Authority: 44 U.S.C. 3501 et seq. • experience working successfully
administering policies and procedures Dated: January 15, 2016. with private sector, state and local
that fulfill certain duties of the FCM, Robert N. Sidman, government and academic sector
SD, or MSP and that are reasonably Deputy Secretary of the Commission. stakeholders that would attend a
designed to ensure the registrant’s [FR Doc. 2016–01139 Filed 1–20–16; 8:45 am] GreenGov event;
compliance with the CEA and
BILLING CODE 6351–01–P
• ability to travel to various locations
Commission regulations; establishing within the continental United States, if
procedures for the remediation of necessary to host GreenGov events;
noncompliance issues identified by the • technical and programmatic ability
chief compliance officer; establishing COUNCIL ON ENVIRONMENTAL
to support internet and web based
procedures for the handling, QUALITY
production of GreenGov educational
management response, remediation, events; and,
Opportunity for Sponsorship of the
retesting, and closing of noncompliance
GreenGov Symposium • ability to support both a major
issues; preparing, signing, certifying and multiple day symposium event as well
filing with the Commission an annual AGENCY: Council on Environmental as limited topic specific seminars and
compliance report that contains the Quality. workshops.
information specified in the regulations; ACTION: Notice. GreenGov Symposium Background: GreenGov is a CEQ
amending the annual report if material Call for Co-Sponsors. initiative focused on Federal energy and
errors or omissions are identified; and sustainability efforts. Past GreenGov
maintaining records of the registrant’s SUMMARY: This notice informs the public Symposiums brought sustainability
compliance policies and procedures and of the opportunity for eligible non- leaders and newcomers in the Federal,
records related to the annual report. governmental entities to submit an state, and local government, academic,
The information collection obligations application for co-sponsorship of a non-profit and private sectors together
imposed by Commission regulation 3.3 potential White House Council on to learn from each other, share ideas,
are essential to ensuring that FCMs, Environmental Quality 2016 GreenGov and help develop innovative solutions
SDs, and MSPs maintain comprehensive Symposium. Those interested in to energy and sustainability challenges
policies and procedures that promote becoming co-sponsors should submit an in Federal operations. By design, the
compliance with the CEA and application for co-sponsorship by GreenGov Symposium helps the Federal
February 12, 2016. community save energy, save money,
1 17 CFR 3.3. DATES: To be considered, applications and address sustainability goals and
asabaliauskas on DSK9F6TC42PROD with NOTICES
27 U.S.C. 6d(d) and 6s(k).
3 For the definition of FCM, see section 1a(28) of
for co-sponsorship must be received via targets under Executive Order 13514:
the CEA and Commission regulation 1.3(p). 7 U.S.C. email no later than 5:00 p.m. Eastern Federal Leadership in Environmental,
1a(28) and 17 CFR 1.3(p). Standard Time on February 12, 2016. Energy, and Economic Performance and
4 For the definition of SD, see section 1a(49) of
ADDRESSES: Submit applications and under Executive Order 13693: Planning
the CEA and Commission regulation 1.3(ggg). 7 any supporting materials electronically for Federal Sustainability in the Next
U.S.C. 1a(49) and 17 CFR 1.3(ggg).
5 For the definitions of MSP, see section 1a(33) of to the White House Council on Decade. Historical information on
the CEA and Commission regulation 1.3(hhh). 7 Environmental Quality, Office of GreenGov is available at: http://
U.S.C. 1a(33) and 17 CFR 1.3(hhh). Federal Sustainability, by sending them www.whitehouse.gov//greengov.
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Document Created: 2018-02-02 12:33:36
Document Modified: 2018-02-02 12:33:36
| 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 February 22, 2016. | |
| 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. 3038-0080. | |
| FR Citation | 81 FR 3391 |
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