83 FR 56827 - Agency Information Collection Activities: Notice of Intent To Renew Collection 3038-0043, Rules Relating To Review of National Futures Association Decisions in Disciplinary, Membership Denial, Registration, and Member Responsibility Actions

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 83, Issue 220 (November 14, 2018)

The Commodity Futures Trading Commission (``CFTC'') is announcing an opportunity for public comment on the renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act (``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 rules relating to review of National Futures Association decisions in disciplinary, membership denial, registration, and member responsibility actions.

[Federal Register Volume 83, Number 220 (Wednesday, November 14, 2018)]
[Notices]
[Pages 56827-56828]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-24770]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0043, Rules Relating To Review of National 
Futures Association Decisions in Disciplinary, Membership Denial, 
Registration, and Member Responsibility Actions

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 renewal of a 
collection of certain information by the agency. Under the Paperwork 
Reduction Act (``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 rules relating to review of National 
Futures Association decisions in disciplinary, membership denial, 
registration, and member responsibility actions.

DATES: Comments must be submitted on or before January 14, 2019.

ADDRESSES: You may submit comments, identified by ``OMB Control No. 
3038-0043'' by any of the following methods:

[[Page 56828]]

     The Agency's website, at http://comments.cftc.gov/. Follow 
the instructions for submitting comments through the website.
     Mail: Christopher J. 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 comments using only one method. 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 Chiang, Assistant General 
Counsel, Office of General Counsel, Commodity Futures Trading 
Commission, (202) 418-5578; email: [email protected].

SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq., 
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 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 before submitting the collection to OMB for approval. To 
comply with this requirement, the CFTC is publishing notice of the 
proposed collection of information listed below.
    Title: Rules Relating to Review of National Futures Association 
Decisions in Disciplinary, Membership Denial, Registration, and Member 
Responsibility Actions (OMB Control No. 3038-0043). This is a request 
for extension of a currently approved information collection.
    Abstract: 17 CFR part 171 require a registered futures association 
to provide fair and orderly procedures for membership and disciplinary 
actions. The Commission's review of decisions of registered futures 
associations in disciplinary, membership denial, registration, and 
member responsibility actions is governed by Section 17(h)(2) of the 
Commodity Exchange Act, 7 U.S.C. 21(h)(2). The rules establish 
procedures and standards for Commission review of such actions, and the 
reporting requirements included in the procedural rules are either 
directly required by Section 17 of the Commodity Exchange Act or are 
necessary to the type of appellate review role Congress intended the 
Commission to undertake when it adopted that provision. 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. The OMB control numbers for the CFTC's regulations were 
published on December 30, 1981. See 46 FR 63035 (Dec. 30, 1981).
    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 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\
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    \1\ 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 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.
    Burden Statement: The respondent burden for this collection is 
estimated to average 1 hour per response. This estimate includes the 
time needed to transmit decisions of disciplinary, membership denial, 
registration, and member responsibility actions to the Commission for 
review. The total estimated burden of 3 hours is determined by the 
following:
    Respondents/Affected Entities: Individuals or entities filing 
appeals from disciplinary and membership decisions by National Futures 
Association.
    Estimated number of respondents per year: 1.
    Estimated number of responses: 3.
    Estimated total annual burden on respondents: 3 hours (1 hour/each 
response x 3).
    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 8, 2018.
 Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2018-24770 Filed 11-13-18; 8:45 am]
 BILLING CODE 6351-01-P