82 FR 23765 - Project KISS

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 82, Issue 99 (May 24, 2017)

Page Range		23765-23766
FR Document		2017-10622

This is a correction to a Request for Information published by the Commodity Futures Trading Commission (``Commission'' or ``CFTC'') in the Federal Register of May 9, 2017 regarding the submission by the public of suggestions about how the Commission's existing rules, regulations, or practices could be applied in a simpler, less burdensome, and less costly manner. This correction changes the web address to which suggestions may be submitted. The incorrect web address appeared in two places in the original document. To avoid any confusion and to ensure the public has all necessary information in one place, the Request for Information is being republished in full with the corrected web address.

Federal Register, Volume 82 Issue 99 (Wednesday, May 24, 2017)

[Federal Register Volume 82, Number 99 (Wednesday, May 24, 2017)]
[Proposed Rules]
[Pages 23765-23766]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-10622]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Chapter I

RIN 3038-AE55


Project KISS

AGENCY: Commodity Futures Trading Commission.

ACTION: Request for Information; Correction.

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SUMMARY: This is a correction to a Request for Information published by 
the Commodity Futures Trading Commission (``Commission'' or ``CFTC'') 
in the Federal Register of May 9, 2017 regarding the submission by the 
public of suggestions about how the Commission's existing rules, 
regulations, or practices could be applied in a simpler, less 
burdensome, and less costly manner. This correction changes the web 
address to which suggestions may be submitted. The incorrect web 
address appeared in two places in the original document. To avoid any 
confusion and to ensure the public has all necessary information in one 
place, the Request for Information is being republished in full with 
the corrected web address.

DATES: Suggestions must be received on or before September 30, 2017.

ADDRESSES: You may submit suggestions, identified by RIN number 3038-
AE55, by any of the following methods:
     The agency's Web site, at www.cftc.gov/projectkiss. Follow 
the instructions for submitting a Project KISS suggestion through the 
Public Comment Form.
     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.

Please submit your suggestions using only one method.

FOR FURTHER INFORMATION CONTACT: Michael Gill, Regulatory Reform 
Officer, (202) 418-5713, [email protected], Commodity Futures Trading 
Commission, Three Lafayette Centre, 1151 21st Street NW., Washington, 
DC 20581; or [email protected].

SUPPLEMENTARY INFORMATION: On February 24, 2017, President Donald J. 
Trump issued Executive Order 13777: Enforcing the Regulatory Reform 
Agenda (``EO 13777''). EO 13777 directs federal agencies, among other 
things, to designate a Regulatory Reform Officer and establish a 
Regulatory Reform Task Force. Although the CFTC, as an independent 
federal agency,\1\ is not bound by EO 13777, the Commission is 
nevertheless commencing an agency-wide review of its rules, 
regulations, and practices to make them simpler, less burdensome, and 
less costly. This initiative is called Project KISS, which stands for 
``Keep It Simple Stupid.'' \2\ In support of these efforts, the 
Commission has approved the solicitation of suggestions from the public 
regarding how the Commission's existing rules, regulations, or 
practices could be applied in a simpler, less burdensome, and less 
costly manner. The public may submit Project KISS suggestions through 
the Public Comment Form on the

[[Page 23766]]

Commission's Web site, at www.cftc.gov/projectkiss.
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    \1\ Independent federal agencies exist outside of the federal 
executive departments headed by a Cabinet secretary and the 
Executive Office of the President. See Humphrey's Executor v. United 
States, 295 U.S. 602 (1935); 5 U.S.C. 104.
    \2\ See Remarks of Acting Chairman J. Christopher Giancarlo 
before the 42nd Annual International Futures Industry Conference in 
Boca Raton, FL, Mar. 15, 2017, available at http://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo-20.
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    The Commission is not asking the public to identify rules for 
revocation, suspension, annulment, withdrawal, limitation, amendment, 
modification, conditioning or repeal. The submission of a Project KISS 
suggestion will not constitute a petition for issuance, amendment, or 
repeal of a rule pursuant to Sec.  13.2 of the Commission's 
regulations,\3\ nor will it constitute a request for an exemptive, no-
action, or interpretive letter pursuant to Sec.  140.99 of the 
Commission's regulations.\4\ The Commission will treat Project KISS 
suggestions like the Commission treats other correspondence that it 
receives. Submission of a Project KISS suggestion may not result in 
Commission action.
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    \3\ 17 CFR 13.2.
    \4\ 17 CFR 140.99.
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    All suggestions must be submitted in English, or if not, 
accompanied by an English translation. Suggestions will be posted as 
received to www.cftc.gov. You should submit only information that you 
wish to make available publicly. If you wish to submit information that 
you believe is exempt from disclosure under the Freedom of Information 
Act in your suggestion(s), please submit your suggestion(s) via Mail or 
Hand Delivery/Courier and also submit a petition for confidential 
treatment of the exempt information according to the procedures 
established in Sec.  145.9 of the Commission's regulations.\5\
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    \5\ 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 
suggestion(s) from www.cftc.gov that it may deem to be inappropriate 
for publication, such as a suggestion containing obscene language. Any 
suggestions that contain comments on the merits of an outstanding 
proposed rulemaking will be retained in the public comment file for 
that rulemaking and considered as required under the Administrative 
Procedure Act and other applicable laws. All suggestions that have been 
redacted or removed that contain comments on the merits of an 
outstanding proposed 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.

    Dated: May 19, 2017.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2017-10622 Filed 5-23-17; 8:45 am]
 BILLING CODE 6351-01-P

Federal Register / Vol. 82, No. 99 / Wednesday, May 24, 2017 / Proposed Rules 23765

divestiture specified in paragraphs (e) § 5601.104 Prohibited outside one place, the Request for Information is
through (f) of this section. employment. being republished in full with the
(3) Disqualification pending An employee shall not engage in corrected web address.
divestiture. Pending divestiture of outside employment, either on a paid or DATES: Suggestions must be received on
prohibited securities, an employee must unpaid basis, with or for an entity on or before September 30, 2017.
disqualify himself or herself, in the prohibited securities list described
accordance with § 2635.402 of this title, in § 5601.102(b)(1)(i)–(b)(1)(vi). ADDRESSES: You may submit
from participation in particular matters suggestions, identified by RIN number
which, as a result of continued § 5601.105 Prior approval for outside 3038–AE55, by any of the following
employment. methods:
ownership of the prohibited securities,
would affect the financial interests of (a) Prior approval for outside • The agency’s Web site, at
the employee, or those of the spouse or employment. An employee who wishes www.cftc.gov/projectkiss. Follow the
dependent child of the employee. to engage in outside employment, either instructions for submitting a Project
(g) Waivers. The DAEO may grant a on a paid or unpaid basis, shall obtain KISS suggestion through the Public
written waiver from this section based the prior written approval of the DAEO. Comment Form.
on a determination that the waiver is A request for such approval shall be • Mail: Christopher Kirkpatrick,
not inconsistent with 5 CFR part 2635 submitted in writing with sufficient Secretary of the Commission,
of this title or otherwise prohibited by description of the employment to enable Commodity Futures Trading
law and that, under the particular the DAEO to give approval based on an Commission, Three Lafayette Centre,
circumstances, application of the informed determination that the outside 1155 21st Street, NW., Washington, DC
prohibition is not necessary to avoid the employment is not expected to involve 20581.
appearance of an employee’s misuse of conduct prohibited by statute or Federal • Hand Delivery/Courier: Same as
position or loss of impartiality, or to regulation, including paragraph (a) of Mail, above.
otherwise ensure confidence in the this section and part 2635 of this title.
The DAEO shall provide a copy of any Please submit your suggestions using
impartiality and objectivity with which
written approvals for outside only one method.
the Commission’s programs are
administered, or in the case of a special employment to the employee’s FOR FURTHER INFORMATION CONTACT:
Government employee, divestiture supervisor. Michael Gill, Regulatory Reform Officer,
would result in substantial financial (b) Scope of approval. An employee (202) 418–5713, mgill@cftc.gov,
hardship. A waiver under this must submit a new request for approval Commodity Futures Trading
paragraph must be in writing and may upon either a significant change in the Commission, Three Lafayette Centre,
impose conditions, such as requiring nature or scope of the outside 1151 21st Street NW., Washington, DC
execution of a written disqualification. employment or a change in the 20581; or KISS@cftc.gov.
employee’s Commission position or SUPPLEMENTARY INFORMATION: On
§ 5601.103 Notice of disqualification when assigned responsibilities.
seeking employment. February 24, 2017, President Donald J.
[FR Doc. 2017–10613 Filed 5–23–17; 8:45 am] Trump issued Executive Order 13777:
(a) An employee who has been
BILLING CODE 7710–FW–P Enforcing the Regulatory Reform
assigned to or is supervising work on a
Agenda (‘‘EO 13777’’). EO 13777 directs
particular matter that affects the
federal agencies, among other things, to
financial interests of a prospective
COMMODITY FUTURES TRADING designate a Regulatory Reform Officer
employer and who is required, in
COMMISSION and establish a Regulatory Reform Task
accordance with § 2635.604(a) of this
Force. Although the CFTC, as an
title, to disqualify himself or herself 17 CFR Chapter I independent federal agency,1 is not
from participation in that matter shall
RIN 3038–AE55 bound by EO 13777, the Commission is
provide written notice of
nevertheless commencing an agency-
disqualification to the DAEO within 3
Project KISS wide review of its rules, regulations,
business days. The DAEO shall inform
and practices to make them simpler, less
the employee’s supervisor that the AGENCY: Commodity Futures Trading burdensome, and less costly. This
employee is disqualified from the Commission. initiative is called Project KISS, which
matter. Public filers must comply with ACTION: Request for Information; stands for ‘‘Keep It Simple Stupid.’’ 2 In
the notification requirements set forth in Correction. support of these efforts, the Commission
§ 2635.607 of this title even when not
SUMMARY: This is a correction to a
has approved the solicitation of
required to disqualify from participation
Request for Information published by suggestions from the public regarding
in a particular matter. Employees who
the Commodity Futures Trading how the Commission’s existing rules,
file a notification statement in
Commission (‘‘Commission’’ or regulations, or practices could be
compliance with § 2635.607 of this title
‘‘CFTC’’) in the Federal Register of May applied in a simpler, less burdensome,
are not required to file a separate notice
9, 2017 regarding the submission by the and less costly manner. The public may
under this section.
(b) An employee may withdraw public of suggestions about how the submit Project KISS suggestions through
written notice under paragraph (a) of Commission’s existing rules, the Public Comment Form on the
this section upon determining that regulations, or practices could be
mstockstill on DSK30JT082PROD with PROPOSALS

1 Independent federal agencies exist outside of
disqualification from participation in applied in a simpler, less burdensome,
the federal executive departments headed by a
the matter is no longer required. A and less costly manner. This correction Cabinet secretary and the Executive Office of the
withdrawal of disqualification shall be changes the web address to which President. See Humphrey’s Executor v. United
in writing and shall be provided to the suggestions may be submitted. The States, 295 U.S. 602 (1935); 5 U.S.C. 104.
2 See Remarks of Acting Chairman J. Christopher
DAEO. The DAEO shall inform the incorrect web address appeared in two
Giancarlo before the 42nd Annual International
employee’s supervisor that the places in the original document. To Futures Industry Conference in Boca Raton, FL,
employee is no longer disqualified from avoid any confusion and to ensure the Mar. 15, 2017, available at http://www.cftc.gov/
the matter. public has all necessary information in PressRoom/SpeechesTestimony/opagiancarlo-20.

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23766 Federal Register / Vol. 82, No. 99 / Wednesday, May 24, 2017 / Proposed Rules

Commission’s Web site, at Dated: May 19, 2017. interactions with the Postal Service
www.cftc.gov/projectkiss. Christopher J. Kirkpatrick, substantially the same as if those
The Commission is not asking the Secretary of the Commission. interactions were with entities that are
public to identify rules for revocation, [FR Doc. 2017–10622 Filed 5–23–17; 8:45 am] not part of the federal government.
suspension, annulment, withdrawal, BILLING CODE 6351–01–P II. Background
limitation, amendment, modification,
A. The Existing 39 CFR Subpart A of
conditioning or repeal. The submission
POSTAL REGULATORY COMMISSION Part 3000
of a Project KISS suggestion will not
constitute a petition for issuance, The ethics rules contained in 39 CFR
39 CFR Part 3000 subpart A of part 3000 were adopted in
amendment, or repeal of a rule pursuant
to § 13.2 of the Commission’s [Docket No. RM2017–4; Order No. 3907] a 1971 rulemaking, in which the Civil
regulations,3 nor will it constitute a Service Commission promulgated
request for an exemptive, no-action, or Supplemental Standards of Ethical employee conduct regulations on the
interpretive letter pursuant to § 140.99 Conduct Commission’s behalf.2 In 1993, the
of the Commission’s regulations.4 The Commission collaborated with OGE to
AGENCY: Postal Regulatory Commission.
revise the Commission’s ethics rules in
Commission will treat Project KISS ACTION: Proposed rulemaking. 39 CFR subpart A of part 3000. The
suggestions like the Commission treats
SUMMARY: The Commission proposes to ethics rules in 39 CFR subpart A of part
other correspondence that it receives. 3000 retained ‘‘those portions of the
Submission of a Project KISS suggestion delete its existing ethics rules to avoid
duplication and those changes proposed current standards of conduct not
may not result in Commission action. superseded by [OGE’s] amendments to
to by the Commission with the
All suggestions must be submitted in concurrence of the Office of title 5 of the Code of Federal
English, or if not, accompanied by an Government Ethics. Regulations and incorporate[d]
English translation. Suggestions will be DATES: Comments are due: June 23,
provisions of the Supplemental
posted as received to www.cftc.gov. You 2017. Standards of Ethical Conduct for
should submit only information that Employees of the Postal Rate
FOR FURTHER INFORMATION CONTACT: Commission issued in 5 CFR part 5601
you wish to make available publicly. If
David A. Trissell, General Counsel, at with the concurrence of [OGE].’’ 3 The
you wish to submit information that you
202–789–6820. Commission amended the ethics rules
believe is exempt from disclosure under
SUPPLEMENTARY INFORMATION: in 2001 to eliminate a redundant
the Freedom of Information Act in your
suggestion(s), please submit your Table of Contents provision.4
suggestion(s) via Mail or Hand Delivery/ In 2006, the PAEA made several
I. Introduction changes to the Commission’s regulatory
Courier and also submit a petition for II. Background
confidential treatment of the exempt role. Specifically, the PAEA eliminated
III. Summary of the Proposed Regulatory
the responsibility to adjudicate omnibus
information according to the procedures Changes
IV. Section-by-Section Analysis of the rate cases each year, which set rates for
established in § 145.9 of the
Proposed Changes to 39 CFR Subpart A all Postal Service products.5 Instead,
Commission’s regulations.5 under the PAEA the Commission,
of Part 3000
The Commission reserves the right, V. Section-by-Section Analysis of the among other responsibilities, approves
but shall have no obligation, to review, Proposed Changes to the Title Identified or denies discrete Postal Service
pre-screen, filter, redact, refuse or in Subchapter A of Chapter III of Title 39 requests to change rates of market
remove any or all of your suggestion(s) VI. Administrative Actions dominant products or competitive
VII. Ordering Paragraphs products.6 Proposed rate changes
from www.cftc.gov that it may deem to
be inappropriate for publication, such as I. Introduction include requests to change rates of
a suggestion containing obscene general applicability, e.g., retail rates
The Postal Regulatory Commission
language. Any suggestions that contain available to the public, and rates not of
(Commission) establishes a rulemaking
comments on the merits of an general applicability, e.g., negotiated
docket to consider amending the
outstanding proposed rulemaking will service agreements (NSAs) with private
Commission’s ethics rules, 39 CFR
be retained in the public comment file parties. See id. Post-PAEA, the
subpart A of part 3000. The Commission
for that rulemaking and considered as Commission must make an Annual
proposes to delete its existing ethics
required under the Administrative Compliance Determination report
rules to avoid duplication of 5 CFR part
Procedure Act and other applicable concerning whether the rates or fees in
2635 and those changes proposed to 5
laws. All suggestions that have been effect for the year satisfied statutory and
CFR part 5601 by the Commission with
regulatory requirements and whether
redacted or removed that contain the concurrence of the Office of
any service standards in effect during
comments on the merits of an Government Ethics (OGE).1 This
outstanding proposed rulemaking will rulemaking also proposes to replace the 2 See 36 FR 5412 (Mar. 23, 1971).
be retained in the public comment file deleted ethics rules with new rules that 3 58 FR 42873 (Aug. 12, 1993).
and will be considered as required reflect the Commission’s current 4 66 FR 32544 (Jun. 15, 2001).

under the Administrative Procedure Act regulatory role under the Postal 5 Public Law 109–435, 120 Stat. 3198, sections
mstockstill on DSK30JT082PROD with PROPOSALS

and other applicable laws, and may be Accountability and Enhancement Act 201–202 (2006) (amending 39 U.S.C. 3621–3622
(PAEA), Public Law 109–435, 120 Stat. (2005) and repealing sections 3623–3624).
accessible under the Freedom of 6 The PAEA introduced the division of Postal
Information Act. 3198 (2006). The proposed rules aim to
Service products into market dominant products
treat employees’ and former employees’ (products delivered under the Postal Service
monopoly) and competitive products (all other
1 See Order No. 3906, Notice of Proposed products). 39 U.S.C. 3621–3622 and 39 CFR part
3 17 CFR 13.2.
Rulemaking on Amendments to Supplemental 3010 (regulation of rates for market dominant
4 17 CFR 140.99. Standards of Ethical Conduct for Employees of the products); 39 U.S.C. 3631–3634 and 39 CFR part
5 17 CFR 145.9. Postal Regulatory Commission, May 19, 2017. 3015 (regulation of rates for competitive products).

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Document Created: 2017-05-24 01:02:58
Document Modified: 2017-05-24 01:02:58

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		Proposed Rules
Action		Request for Information; Correction.
Dates		Suggestions must be received on or before September 30, 2017.
Contact		Michael Gill, Regulatory Reform Officer, (202) 418-5713, [email protected], Commodity Futures Trading Commission, Three Lafayette Centre, 1151 21st Street NW., Washington, DC 20581; or [email protected]
FR Citation		82 FR 23765
RIN Number		3038-AE55