81 FR 64141 - Agency Information Collection Activities Under OMB Review

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 81, Issue 181 (September 19, 2016)

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 81, Number 181 (Monday, September 19, 2016)]
[Notices]
[Page 64141]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22481]


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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 October 19, 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. 3038-0102. 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 
Control No. 3038-0102, 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 submitted through the Commission'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 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: Melissa D'Arcy, Special Counsel, 
Division of Clearing and Risk, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; 
(202) 418-5086; email: [email protected], and refer to OMB Control No. 
3038-0102.

SUPPLEMENTARY INFORMATION: 
    Title: ``Clearing Exemption for Certain Swaps Entered into by 
Cooperatives,'' (OMB Control No. 3038-0102). This is a request for 
extension of a currently approved information collection.
    Abstract: Section 2(h)(1)(A) of the Commodity Exchange Act requires 
certain entities to submit for clearing certain swaps if they are 
required to be cleared by the Commission. Commission regulation 50.51 
permits certain cooperatives to elect not to clear certain swaps that 
otherwise would be required to be cleared, provided that they meet 
certain conditions. The rule further requires the reporting of certain 
information if the exemption for cooperatives is elected. This 
collection pertains to information the Commission needs to monitor use 
of the cooperative exemption and assess market risk in connection 
therewith. 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.
    Burden Statement: The Commission is revising its estimate of the 
burden for this collection to reflect the current number of respondents 
and respondent burden. The respondent burden for this collection is 
estimated to be as follows:
    Respondents/Affected Entities: Parties electing the cooperative 
exemption under Commission regulation 50.51.
    Estimated Number of Respondents: 25.
    Estimated Average Burden Hours per Respondent: 1 hour.
    Estimated Total Annual Burden Hours on Respondents: 25 hours.
    Frequency of Collection: Annually; on occasion.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: September 14, 2016.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2016-22481 Filed 9-16-16; 8:45 am]
 BILLING CODE 6351-01-P