82 FR 55591 - Agency Information Collection Activities: Notice of Intent To Renew Collection 3038-0026, Gross Collection of Exchange-Set Margins for Omnibus Accounts

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 82, Issue 224 (November 22, 2017)

Page Range		55591-55592
FR Document		2017-25304

The Commodity Futures Trading Commission (CFTC) is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act of 1995 (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 requirements relating to Gross Collection of Exchange-Set Margins for Omnibus Accounts.

Federal Register, Volume 82 Issue 224 (Wednesday, November 22, 2017)

[Federal Register Volume 82, Number 224 (Wednesday, November 22, 2017)]
[Notices]
[Pages 55591-55592]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-25304]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0026, Gross Collection of Exchange-Set Margins 
for Omnibus Accounts

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (CFTC) is announcing 
an opportunity for public comment on the proposed renewal of a 
collection of certain information by the agency. Under the Paperwork 
Reduction Act of 1995 (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 requirements relating to Gross 
Collection of Exchange-Set Margins for Omnibus Accounts.

DATES: Comments must be submitted on or before January 22, 2018.

ADDRESSES: You may submit comments, identified by OMB Control Number 
3038-0026, 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: Mark Bretscher, Division of Swap 
Dealer and Intermediary Oversight, Commodity Futures Trading 
Commission, (312) 596-0529; email: [email protected].

SUPPLEMENTARY INFORMATION: Under the PRA,\1\ 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(c) 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,

[[Page 55592]]

before submitting the collection to OMB for approval. 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 
number. To comply with this requirement, the CFTC is publishing notice 
of the proposed collection of information listed below.
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    \1\ 44 U.S.C. 3501 et seq.
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    Title: Gross Collection of Exchange-Set Margins for Omnibus 
Accounts, OMB Control Number 3038-0026. This is a request for extension 
of a currently approved information collection.
    Abstract: Commission Regulation 1.58 requires that FCMs margin 
omnibus accounts on a gross, rather than a net, basis. The regulation 
provides that the carrying FCM need not collect margin for positions 
traded by a person through an omnibus account in excess of the amount 
that would be required if the same person, instead of trading through 
an omnibus account, maintained its own account with the carrying FCM. 
To prevent abuse of this exception to the regulation, a carrying FCM 
must obtain and maintain a written representation from the originating 
FCM or foreign broker that the particular positions held in the omnibus 
account are part of a hedge or spread transaction. This collection of 
information is necessary in order to provide documentation that can be 
inspected with regard to questions of proper compliance with gross 
margining requirements. This rule is promulgated pursuant to the 
Commission's rulemaking authority contained in Sections 4c, 4d, 4f, 4g 
and 8a of the Commodity Exchange Act, 7 U.S.C. 6c, 6d, 6f, 6g and 12a.
    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 publically. 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 Commissions regulations.\2\
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    \2\ 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 any 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 Commission is revising its estimate of the 
burden due to the reduced number of futures commission merchants in the 
industry. The respondent burden for this collection is estimated to be 
as follows:
     Estimated number of respondents: 57.
     Reports annually by each respondent: 4.
     Total annual responses: 228.
     Estimated average number of hours per response: 0.08.
     Estimated Total Annual Burden Hours: 18.
     Frequency of Collection: 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: November 17, 2017.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2017-25304 Filed 11-21-17; 8:45 am]
 BILLING CODE 6351-01-P

Federal Register / Vol. 82, No. 224 / Wednesday, November 22, 2017 / Notices 55591

in 44 U.S.C. 3502(3) and 5 CFR 1320.3 • Minimize the burden of collection ACTION: Notice.
and includes agency requests or of information on those who are to
requirements that members of the public respond, including through the use of SUMMARY: The Commodity Futures
submit reports, keep records, or provide appropriate automated electronic, Trading Commission (CFTC) is
information to a third party. Section mechanical, or other technological announcing an opportunity for public
3506(c)(2)(A) of the PRA, 44 U.S.C. collection techniques or other forms of comment on the proposed renewal of a
3506(c)(2)(A), requires Federal agencies information technology; e.g., permitting collection of certain information by the
to provide a 60-day notice in the electronic submission of responses. agency. Under the Paperwork Reduction
Federal Register concerning each All comments must be submitted in Act of 1995 (PRA), Federal agencies are
proposed collection of information English, or if not, accompanied by an required to publish notice in the
before submitting the collection to OMB English translation. Comments will be Federal Register concerning each
for approval. To comply with this posted as received to http:// proposed collection of information,
requirement, the CFTC is publishing www.cftc.gov. You should submit only including each proposed extension of an
notice of the proposed collection of information that you wish to make existing collection of information, and
information listed below. available publicly. If you wish the to allow 60 days for public comment.
Title: ‘‘Copies of Crop and Market Commission to consider information This notice solicits comments on
Information Reports,’’ OMB Control No. that you believe is exempt from requirements relating to Gross
3038–0015. This is a request for disclosure under the Freedom of Collection of Exchange-Set Margins for
extension of a currently approved Information Act, a petition for Omnibus Accounts.
information collection. confidential treatment of the exempt DATES: Comments must be submitted on
Affected Entities: Entities potentially information may be submitted according or before January 22, 2018.
affected by this action include future to the procedures established in § 145.9 ADDRESSES: You may submit comments,
commission merchants (‘‘FCMs’’) and of the Commission’s regulations.1 identified by OMB Control Number
members of contract markets. The Commission reserves the right, 3038–0026, by any of the following
Abstract: The information collected but shall have no obligation, to review, methods:
pursuant to this rule, 17 CFR 1.40, is in pre-screen, filter, redact, refuse, or • The Agency’s Web site, at http://
the public interest and is necessary for remove any or all of your submission comments.cftc.gov/. Follow the
market surveillance. Manipulation of from http://www.cftc.gov that it may instructions for submitting comments
commodity futures prices is a violation deem to be inappropriate for through the Web site.
of the Commodity Exchange Act (Act). publication, such as obscene language. • Mail: Christopher Kirkpatrick,
Section 9(a)(2) of the Act (7 U.S.C. All submissions that have been redacted Secretary of the Commission,
13(a)(2)) prohibits the dissemination of or removed that contain comments on Commodity Futures Trading
false or misleading or knowingly the merits of the ICR will be retained in Commission, Three Lafayette Centre,
inaccurate reports that affect or tend to the public comment file and will be 1155 21st Street NW., Washington, DC
affect the prices of commodities. In considered as required under the 20581.
order to facilitate the enforcement of Administrative Procedure Act and other • Hand Delivery/Courier: Same as
this provision, Commission regulation applicable laws, and may be accessible Mail above.
1.40 requires that members of an under the Freedom of Information Act. • Federal eRulemaking Portal: http://
Burden statement: The respondent www.regulations.gov/. Follow the
exchange and FCMs provide upon
burden for this collection is estimated to instructions for submitting comments
request copies of any report published
average 0.17 hours per response. through the Portal.
or given general circulation which • Respondents/Affected Entities: 15.
concerns crop or market information Please submit your comments using
• Estimated Number of Responses:
that affects or tends to affect the price only one method.
15.
of any commodity. • Estimated Total Annual Burden on FOR FURTHER INFORMATION CONTACT:
An agency may not conduct or Respondents: 2.5 hours. Mark Bretscher, Division of Swap Dealer
sponsor, and a person is not required to • Frequency of Collection: On and Intermediary Oversight, Commodity
respond to, a collection of information occasion. Futures Trading Commission, (312)
unless it displays a currently valid OMB 596–0529; email: mbretscher@cftc.gov.
Authority: 44 U.S.C. 3501 et seq.
control number. The OMB control SUPPLEMENTARY INFORMATION: Under the
numbers for the CFTC’s regulations Dated: November 17, 2017.
PRA,1 Federal agencies must obtain
were published on December 30, 1981. Robert N. Sidman, approval from the Office of Management
See 46 FR 63035 (Dec. 30, 1981). Deputy Secretary of the Commission. and Budget (OMB) for each collection of
The Commission would like to solicit [FR Doc. 2017–25307 Filed 11–21–17; 8:45 am] information they conduct or sponsor.
comments to: BILLING CODE 6351–01–P ‘‘Collection of information’’ is defined
• Evaluate whether the proposed in 44 U.S.C. 3502(3) and 5 CFR
collection of information is necessary 1320.3(c) and includes agency requests
for the proper performance of the COMMODITY FUTURES TRADING or requirements that members of the
functions of the Commission, including COMMISSION public submit reports, keep records, or
whether the information will have a provide information to a third party.
practical use; Agency Information Collection
asabaliauskas on DSKBBXCHB2PROD with NOTICES

Section 3506(c)(2)(A) of the PRA, 44
• Evaluate the accuracy of the Activities: Notice of Intent To Renew
U.S.C. 3506(c)(2)(A), requires Federal
Commission’s estimate of the burden of Collection 3038–0026, Gross Collection
agencies to provide a 60-day notice in
the proposed collection of information, of Exchange-Set Margins for Omnibus
the Federal Register concerning each
including the validity of the Accounts
proposed collection of information,
methodology and assumptions used; AGENCY:Commodity Futures Trading including each proposed extension of an
• Enhance the quality, usefulness, Commission. existing collection of information,
and clarity of the information to be
collected; and 1 17 CFR 145.9. 1 44 U.S.C. 3501 et seq.

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55592 Federal Register / Vol. 82, No. 224 / Wednesday, November 22, 2017 / Notices

before submitting the collection to OMB posted as received to http:// DEPARTMENT OF DEFENSE
for approval. An agency may not www.cftc.gov. You should submit only
conduct or sponsor, and a person is not information that you wish to make Office of the Secretary
required to respond to, a collection of available publically. If you wish the [Docket ID DOD–2017–OS–0037]
information unless it displays a Commission to consider information
currently valid OMB number. To that you believe is exempt from Notice of Availability for Finding of No
comply with this requirement, the CFTC disclosure under the Freedom of Significant Impact for the
is publishing notice of the proposed Information Act, a petition for Environmental Assessment
collection of information listed below. confidential treatment of the exempt Addressing Divestment of Military
Title: Gross Collection of Exchange- Family Housing at Defense Distribution
information may be submitted according
Set Margins for Omnibus Accounts, Center, Susquehanna
OMB Control Number 3038–0026. This to the procedures established in Section
is a request for extension of a currently 145.9 of the Commissions regulations.2 AGENCY: Defense Logistics Agency
approved information collection. The Commission reserves the right, (DLA), Department of Defense.
Abstract: Commission Regulation 1.58 but shall have no obligation, to review, ACTION: Notice of availability (NOA).
requires that FCMs margin omnibus pre-screen, filter, redact, refuse or
accounts on a gross, rather than a net, remove any or all of your submission SUMMARY: On August 9, 2017, DLA
basis. The regulation provides that the from http://www.cftc.gov that it any published a NOA in the Federal
carrying FCM need not collect margin deem to be inappropriate for Register (82 FR 37199) announcing the
for positions traded by a person through publication, such as obscene language. publication of the Environmental
an omnibus account in excess of the All submissions that have been redacted Assessment (EA) Addressing
amount that would be required if the Divestment of Military Family Housing
or removed that contain comments on
same person, instead of trading through (MFH) at Defense Distribution Center,
the merits of the Information Collection
an omnibus account, maintained its Susquehanna. The EA was available for
Request will be retained in the public
own account with the carrying FCM. To a 30-day public comment period that
comment file and will be considered as ended September 8, 2017. The EA was
prevent abuse of this exception to the
regulation, a carrying FCM must obtain required under the Administrative prepared as required under the National
and maintain a written representation Procedure Act and other applicable Environmental Policy Act (NEPA) of
from the originating FCM or foreign laws, and may be accessible under the 1969. In addition, the EA complied with
broker that the particular positions held Freedom of Information Act. DLA Regulation 1000.22. No comments
in the omnibus account are part of a Burden Statement: The Commission from the public were received during
hedge or spread transaction. This is revising its estimate of the burden due the EA public comment period.
collection of information is necessary in to the reduced number of futures FOR FURTHER INFORMATION CONTACT: Ira
order to provide documentation that can commission merchants in the industry. Silverberg at 703–767–0705 during
be inspected with regard to questions of The respondent burden for this normal business hours Monday through
proper compliance with gross margining collection is estimated to be as follows: Friday, from 8:00 a.m. to 4:30 p.m.
requirements. This rule is promulgated (EDT) or by email: ira.silverberg@
• Estimated number of respondents:
pursuant to the Commission’s dla.mil.
rulemaking authority contained in 57.
• Reports annually by each SUPPLEMENTARY INFORMATION: DLA
Sections 4c, 4d, 4f, 4g and 8a of the
respondent: 4. consulted with the Pennsylvania State
Commodity Exchange Act, 7 U.S.C. 6c,
Historic Preservation Officer (SHPO) at
6d, 6f, 6g and 12a. • Total annual responses: 228.
With respect to the collection of the Pennsylvania Historical and
information, the CFTC invites • Estimated average number of hours Museum Commission and the Absentee-
comments on: per response: 0.08. Shawnee Tribe of Oklahoma, Cayuga
• Whether the proposed collection of • Estimated Total Annual Burden Nation, Delaware Nation-Oklahoma,
information is necessary for the proper Eastern Shawnee Tribe of Oklahoma,
Hours: 18.
performance of the functions of the Onondaga Nation, Seneca-Cayuga Tribe
• Frequency of Collection: On of Oklahoma, Shawnee Tribe, Tuscarora
Commission, including whether the
occasion. Nation, St. Regis Mohawk Tribe, Seneca
information will have a practical use;
• The accuracy of the Commission’s There are no capital costs or operating Nation of Indians, Tonawanda Band of
estimate of the burden of the proposed and maintenance costs associated with Seneca, and Osage Nation for this
collection of information, including the this collection. Proposed Action. The SHPO determined
validity of the methodology and that the Proposed Action would have no
Authority: 44 U.S.C. 3501 et seq.
assumptions used; effect on historic properties, as
• Ways to enhance the quality, Dated: November 17, 2017. identified on the returned Project
usefulness, and clarity of the Robert N. Sidman, Review Form Request to Initiate SHPO
information to be collected; and Deputy Secretary of the Commission. Consultation on State and Federal
• Ways to minimize the burden of [FR Doc. 2017–25304 Filed 11–21–17; 8:45 am]
Undertakings. The Shawnee Tribe
collection of information on those who provided a response concurring that no
BILLING CODE 6351–01–P
asabaliauskas on DSKBBXCHB2PROD with NOTICES

are to respond, including through the known historic properties would be
use of appropriate automated electronic, adversely impacted by the Proposed
mechanical, or other technological Action. The Shawnee Tribe indicated
collection techniques or other forms of they have no issues or concerns about
information technology; e.g., permitting the Proposed Action, but requested they
electronic submission of responses. be notified in the event that
All comments must be submitted in archaeological materials are
English, or if not, accompanied by an encountered during construction, use,
English translation. Comments will be 2 17 CFR 145.9. or maintenance at the MFH area at

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Document Created: 2017-11-22 00:48:42
Document Modified: 2017-11-22 00:48:42

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 January 22, 2018.
Contact		Mark Bretscher, Division of Swap Dealer and Intermediary Oversight, Commodity Futures Trading Commission, (312) 596-0529; email: [email protected]
FR Citation		82 FR 55591