83 FR 43855 - Agency Information Collection Activities Under OMB Review

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 83, Issue 167 (August 28, 2018)

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 83, Number 167 (Tuesday, August 28, 2018)]
[Notices]
[Pages 43855-43856]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-18533]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

[[Page 43856]]


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 September 27, 2018.

ADDRESSES: Comments regarding the burden estimate 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 either of the following methods. Please identify the 
comments by ``OMB Control No. 3038-0093.''
     By email addressed to: [email protected] or
     By mail addressed 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.
    A copy of all comments submitted to OIRA should be sent to the 
Commodity Futures Trading Commission (the ``Commission'') by any of the 
following methods. The copies should refer to ``OMB Control No. 3038-
0093.''
     By mail addressed to: Christopher Kirkpatrick, Secretary 
of the Commission, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581;
     By Hand Delivery/Courier to the same address; or
     Through the Commission's website at http://comments.cftc.gov. Please follow the instructions for submitting 
comments through the website.
A copy of the supporting statement for the collection of information 
discussed herein 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. You should submit only information that you wish 
to make available publicly. 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 Sec.  145.9 of the Commission's regulations.\1\ 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 may 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 ICR 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.
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    \1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Lois Gregory, Associate Director, 
Division of Market Oversight, Commodity Futures Trading Commission, 
(202) 418-5569, email: [email protected], and refer to OMB Control No. 
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3038-0093.

SUPPLEMENTARY INFORMATION: 
    Title: Part 40--Provisions Common to Registered Entities (OMB 
Control No. 3038-0093). This is a request for extension of a currently 
approved information collection.
    Abstract: This collection of information involves the collection 
and submission to the Commission of information from registered 
entities concerning new products, rules, and rule amendments pursuant 
to the procedures outlined in Sec. Sec.  40.2, 40.3, 40.5, 40.6, and 
40.10 found in 17 CFR part 40.
    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. On June 7, 2018, the Commission 
published in the Federal Register notice of the proposed extension of 
this information collection and provided 60 days for public comment on 
the proposed extension, 83 FR 26436 (``60-Day Notice''). The Commission 
received public comments regarding its burden estimates on the 60-Day 
Notice, and accordingly, has adjusted the burden.
    Burden Statement: Registered entities must comply with 
certification and approval requirements which include an explanation 
and analysis when seeking to implement new products, rules, and rule 
amendments, including changes to product terms and conditions. The 
Commission's regulations Sec. Sec.  40.2, 40.3, 40.5, 40.6 and 40.10 
provide procedures for the submission of rules and rule amendments by 
designated contract markets, swap execution facilities, derivatives 
clearing organizations, and swap data repositories. They establish the 
procedures for submitting the ``written certification'' required by 
Section 5c of the Act. In connection with a product or rule 
certification, the registered entity must provide a concise explanation 
and analysis of the submission and its compliance with statutory 
provisions of the Act. Accordingly, new rules or rule amendments must 
be accompanied by concise explanations and analyses of the purposes, 
operations, and effects of the submissions. This information may be 
submitted as part of the same submission containing the required 
``written certification.''
    Respondents/Affected Entities: Designated Contract Markets, Swap 
Execution Facilities, Derivatives Clearing Organizations, and Swap Data 
Repositories.

 Rules 40.2 and 40.3

    Estimated Number of Respondents: 70.
    Annual Responses by each Respondent: 50.
    Estimated Hours per Response: 21.
    Estimated Total Hours per Year: 73,500.

 Rules 40.5 and 40.6

    Estimated Number of Respondents: 70.
    Annual Responses by each Respondent: 50.
    Estimated Hours per Response: 2.
    Estimated Total Hours per Year: 7,000.

 Rule 40.10

    Estimated Number of Respondents: 2.
    Annual Responses by each Respondent: 2.
    Estimated Hours per Response: 50.
    Estimated Total Hours per Year: 200.

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

    Dated: August 22, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2018-18533 Filed 8-27-18; 8:45 am]
BILLING CODE 6351-01-P