83_FR_5789 83 FR 5761 - Agency Information Collection Activities: Notice of Intent To Extend Collection 3038-0095; Large Trader Reporting for Physical Commodity Swaps

83 FR 5761 - Agency Information Collection Activities: Notice of Intent To Extend Collection 3038-0095; Large Trader Reporting for Physical Commodity Swaps

COMMODITY FUTURES TRADING COMMISSION

Federal Register Volume 83, Issue 28 (February 9, 2018)

Page Range5761-5762
FR Document2018-02572

The Commodity Futures Trading Commission (CFTC) is announcing an opportunity for public comment on the proposed extension 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 the information collection requirements set out in part 20 of the Commission's regulations concerning large trader reporting for physical commodity swaps.

Federal Register, Volume 83 Issue 28 (Friday, February 9, 2018)
[Federal Register Volume 83, Number 28 (Friday, February 9, 2018)]
[Notices]
[Pages 5761-5762]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-02572]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Extend Collection 3038-0095; Large Trader Reporting for Physical 
Commodity Swaps

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 extension 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 the information collection 
requirements set out in part 20 of the Commission's regulations 
concerning large trader reporting for physical commodity swaps.

DATES: Comments must be submitted on or before April 10, 2018.

ADDRESSES: You may submit comments, identified by ``3038-0095'' by any 
of the following methods:
     The Agency's website, at http://comments.cftc.gov/. Follow 
the instructions for submitting comments through the website.
     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. 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: Owen J. Kopon, Special Counsel, 
Division of Market Oversight, Commodity Futures Trading Commission, 
(202) 418-5360; email: okopon@cftc.gov.

SUPPLEMENTARY INFORMATION: Under the PRA, 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. An agency may not conduct or 
sponsor, and a person is not required to respond to, a collection of 
information unless it displays a valid OMB control number. To comply 
with this requirement, the CFTC is publishing notice of the proposed 
collection of information listed below.
    Title: Large Trader Reporting for Physical Commodity Swaps, (OMB 
Control No. 3038-0095). This is a request for extension of a currently 
approved information collection.
    Abstract: Part 20 of the Commission's regulations (``Reporting 
Rules'') requires clearing organizations and any persons that are 
``reporting entities'' to file swaps position data with the Commission. 
The Reporting Rules collect clearing member reports from clearing 
organizations. The Reporting Rules also require position reports from 
reporting entities for principal and counterparty positions in cleared 
and uncleared physical commodity swaps. Reporting entities are those 
persons that are either ``clearing members'' or ``swap dealers'' that 
are otherwise not clearing members. For purposes of part 20, reporting 
parties are required to submit data on positions on a futures 
equivalent basis so as to allow the Commission to assess a trader's 
market impact across differently structured but linked derivatives 
instruments and markets. This renewal updates the total requested 
burden based on available reported data.
    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 annual respondent burden for this collection during the renewal 
period is estimated to be as follows:
     Estimated Number of Respondents: 4,824.
     Estimated Average Annual Burden Hours per Respondent: 
1.55.
     Estimated Total Annual Number of Responses: 56,088.

[[Page 5762]]

     Estimated Total Annual Burden Hours: 86,902.
     Type of Respondents: Respondents may include clearing 
organizations, persons that are clearing members or swap dealers that 
are reporting entities, and large swap counterparties.

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

    Dated: February 5, 2018.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2018-02572 Filed 2-8-18; 8:45 am]
 BILLING CODE 6351-01-P



                                                                               Federal Register / Vol. 83, No. 28 / Friday, February 9, 2018 / Notices                                           5761

                                                  • Burden Statement: The respondent                    instructions for submitting comments                  requested burden based on available
                                                burden for this collection is estimated to              through the Portal.                                   reported data.
                                                be 0.5 hours per response.                                Please submit your comments using                      With respect to the collection of
                                                  • Respondents/Affected Entities:                      only one method. All comments must be                 information, the CFTC invites
                                                Individuals.                                            submitted in English, or if not,                      comments on:
                                                  • Estimated Number of Respondents:                    accompanied by an English translation.                   • Whether the proposed collection of
                                                600 per year.                                           Comments will be posted as received to                information is necessary for the proper
                                                  • Estimated Total Annual Burden on                    http://www.cftc.gov.                                  performance of the functions of the
                                                Respondents: 300 hours.                                                                                       Commission, including whether the
                                                  • Frequency of Collection: Once.                      FOR FURTHER INFORMATION CONTACT:                      information will have a practical use;
                                                (Authority: 44 U.S.C. 3501 et seq.)                     Owen J. Kopon, Special Counsel,                          • The accuracy of the Commission’s
                                                                                                        Division of Market Oversight,                         estimate of the burden of the proposed
                                                  Dated: February 6, 2018.                              Commodity Futures Trading                             collection of information, including the
                                                Robert N. Sidman,                                       Commission, (202) 418–5360; email:                    validity of the methodology and
                                                Deputy Secretary of the Commission.                     okopon@cftc.gov.                                      assumptions used;
                                                [FR Doc. 2018–02615 Filed 2–8–18; 8:45 am]
                                                                                                        SUPPLEMENTARY INFORMATION:        Under the              • Ways to enhance the quality,
                                                BILLING CODE 6351–01–P
                                                                                                        PRA, Federal agencies must obtain                     usefulness, and clarity of the
                                                                                                        approval from the Office of Management                information to be collected; and
                                                                                                        and Budget (OMB) for each collection of                  • Ways to minimize the burden of
                                                COMMODITY FUTURES TRADING                                                                                     collection of information on those who
                                                                                                        information they conduct or sponsor.
                                                COMMISSION                                                                                                    are to respond, including through the
                                                                                                        ‘‘Collection of Information’’ is defined
                                                Agency Information Collection                           in 44 U.S.C. 3502(3) and 5 CFR 1320.3                 use of appropriate automated electronic,
                                                Activities: Notice of Intent To Extend                  and includes agency requests or                       mechanical, or other technological
                                                Collection 3038–0095; Large Trader                      requirements that members of the public               collection techniques or other forms of
                                                Reporting for Physical Commodity                        submit reports, keep records, or provide              information technology; e.g., permitting
                                                Swaps                                                   information to a third party. Section                 electronic submission of responses.
                                                                                                        3506(c)(2)(A) of the PRA, 44 U.S.C.                      All comments must be submitted in
                                                AGENCY: Commodity Futures Trading                       3506(c)(2)(A), requires Federal agencies              English, or if not, accompanied by an
                                                Commission.                                             to provide a 60-day notice in the                     English translation. Comments will be
                                                ACTION: Notice.                                         Federal Register concerning each                      posted as received to http://
                                                                                                        proposed collection of information                    www.cftc.gov. You should submit only
                                                SUMMARY:   The Commodity Futures                                                                              information that you wish to make
                                                Trading Commission (CFTC) is                            before submitting the collection to OMB
                                                                                                        for approval. An agency may not                       available publicly. If you wish the
                                                announcing an opportunity for public                                                                          Commission to consider information
                                                comment on the proposed extension of                    conduct or sponsor, and a person is not
                                                                                                        required to respond to, a collection of               that you believe is exempt from
                                                a collection of certain information by                                                                        disclosure under the Freedom of
                                                the agency. Under the Paperwork                         information unless it displays a valid
                                                                                                        OMB control number. To comply with                    Information Act, a petition for
                                                Reduction Act (‘‘PRA’’), Federal                                                                              confidential treatment of the exempt
                                                agencies are required to publish notice                 this requirement, the CFTC is
                                                                                                        publishing notice of the proposed                     information may be submitted according
                                                in the Federal Register concerning each                                                                       to the procedures established in § 145.9
                                                proposed collection of information,                     collection of information listed below.
                                                                                                           Title: Large Trader Reporting for                  of the Commission’s regulations.1
                                                including each proposed extension of an                                                                          The Commission reserves the right,
                                                existing collection of information, and                 Physical Commodity Swaps, (OMB
                                                                                                                                                              but shall have no obligation, to review,
                                                to allow 60 days for public comment.                    Control No. 3038–0095). This is a
                                                                                                                                                              pre-screen, filter, redact, refuse or
                                                This notice solicits comments on the                    request for extension of a currently
                                                                                                                                                              remove any or all of your submission
                                                information collection requirements set                 approved information collection.
                                                                                                                                                              from http://www.cftc.gov that it may
                                                out in part 20 of the Commission’s                         Abstract: Part 20 of the Commission’s              deem to be inappropriate for
                                                regulations concerning large trader                     regulations (‘‘Reporting Rules’’) requires            publication, such as obscene language.
                                                reporting for physical commodity                        clearing organizations and any persons                All submissions that have been redacted
                                                swaps.                                                  that are ‘‘reporting entities’’ to file               or removed that contain comments on
                                                DATES: Comments must be submitted on                    swaps position data with the                          the merits of the ICR will be retained in
                                                or before April 10, 2018.                               Commission. The Reporting Rules                       the public comment file and will be
                                                ADDRESSES: You may submit comments,
                                                                                                        collect clearing member reports from                  considered as required under the
                                                identified by ‘‘3038–0095’’ by any of the               clearing organizations. The Reporting                 Administrative Procedure Act and other
                                                following methods:                                      Rules also require position reports from              applicable laws, and may be accessible
                                                  • The Agency’s website, at http://                    reporting entities for principal and                  under the Freedom of Information Act.
                                                comments.cftc.gov/. Follow the                          counterparty positions in cleared and
                                                instructions for submitting comments                    uncleared physical commodity swaps.                   Burden Statement
                                                through the website.                                    Reporting entities are those persons that               The annual respondent burden for
                                                  • Mail: Christopher Kirkpatrick,                      are either ‘‘clearing members’’ or ‘‘swap             this collection during the renewal
                                                Secretary of the Commission,                            dealers’’ that are otherwise not clearing             period is estimated to be as follows:
                                                                                                        members. For purposes of part 20,                       • Estimated Number of Respondents:
sradovich on DSK3GMQ082PROD with NOTICES




                                                Commodity Futures Trading
                                                Commission, Three Lafayette Centre,                     reporting parties are required to submit              4,824.
                                                1155 21st Street NW, Washington, DC                     data on positions on a futures                          • Estimated Average Annual Burden
                                                20581.                                                  equivalent basis so as to allow the                   Hours per Respondent: 1.55.
                                                  • Hand Delivery/Courier: Same as                      Commission to assess a trader’s market                  • Estimated Total Annual Number of
                                                Mail above.                                             impact across differently structured but              Responses: 56,088.
                                                  • Federal eRulemaking Portal: http://                 linked derivatives instruments and
                                                www.regulations.gov/. Follow the                        markets. This renewal updates the total                 1   17 CFR 145.9.



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                                                5762                           Federal Register / Vol. 83, No. 28 / Friday, February 9, 2018 / Notices

                                                  • Estimated Total Annual Burden                         Æ Mail: Defense Procurement and                     DEPARTMENT OF DEFENSE
                                                Hours: 86,902.                                          Acquisition Policy, Attn: Mr. Greg
                                                  • Type of Respondents: Respondents                    Snyder, 3060 Defense Pentagon, Room                   Office of the Secretary
                                                may include clearing organizations,                     5E621, Washington, DC 20301–3060.
                                                persons that are clearing members or                                                                          Charter Amendment of Department of
                                                swap dealers that are reporting entities,               FOR FURTHER INFORMATION CONTACT:               Mr.    Defense Federal Advisory Committees
                                                and large swap counterparties.                          Greg Snyder, Senior Procurement
                                                                                                        Analyst, Office of the Under Secretary of             AGENCY:    Department of Defense.
                                                (Authority: 44 U.S.C. 3501 et seq.)
                                                                                                        Defense for Acquisition and
                                                  Dated: February 5, 2018.                                                                                    ACTION:Amendment of Federal
                                                                                                        Sustainment (OUSD(A&S)), Defense
                                                Robert N. Sidman,                                                                                             Advisory Committee.
                                                                                                        Procurement and Acquisition Policy,
                                                Deputy Secretary of the Commission.                     Contract Policy and International
                                                [FR Doc. 2018–02572 Filed 2–8–18; 8:45 am]              Contracting; telephone 703–614–0719.                  SUMMARY:   The Department of Defense
                                                BILLING CODE 6351–01–P
                                                                                                                                                              (DoD) is publishing this notice to
                                                                                                        SUPPLEMENTARY INFORMATION:      Section               announce that it is amending the charter
                                                                                                        886 of the National Defense                           for the Defense Acquisition University
                                                                                                        Authorization Act for Fiscal Year 2018                Board of Visitors, the Defense Science
                                                DEPARTMENT OF DEFENSE                                   (Pub. L. 115–91), requires DoD to                     Board, the Strategic Environmental
                                                Defense Acquisition Regulations                         develop and make available for public                 Research and Development Program
                                                System                                                  comment a definition of the term                      Scientific Advisory Board, and the
                                                                                                        ‘‘Procurement Administrative Lead                     Threat Reduction Advisory Committee.
                                                [Docket DARS–2018–0005]                                 Time’’ or ‘‘PALT’’ and a plan for
                                                                                                        measuring and publicly reporting data                 FOR FURTHER INFORMATION CONTACT:  Jim
                                                Opportunity for Public Comment on                                                                             Freeman, Advisory Committee
                                                                                                        on PALT for DoD contracts and task
                                                Proposed Definition of ‘‘Procurement                                                                          Management Officer for the Department
                                                Administrative Lead Time’’ or ‘‘PALT’’                  orders above the simplified acquisition
                                                                                                        threshold. DoD is proposing to define                 of Defense, 703–692–5952.
                                                and the Plan for Measuring and
                                                Publically Reporting Data on PALT for                   PALT as ‘‘the time between the date on                SUPPLEMENTARY INFORMATION:    Each
                                                Department of Defense Contracts and                     which the initial solicitation for a                  committee’s charter is being amended in
                                                Task Orders Above the Simplified                        contract or task order of the Department              accordance with the Federal Advisory
                                                Acquisition Threshold                                   of Defense is issued and the date of the              Committee Act (FACA) of 1972 (5
                                                                                                        award of the contract or task order.’’ The            U.S.C., Appendix, as amended) and 41
                                                AGENCY: Defense Acquisition                             Department plans to use Federal                       CFR 102–3.50(d). Pursuant to statutory
                                                Regulations System (DARS), Department                   Procurement Data System—Next                          changes that took effect on February 1,
                                                of Defense (DoD).                                       Generation (FPDS–NG), the                             2018, the DoD disestablished the Office
                                                ACTION: Notice; request for public                      authoritative source for                              of the Under Secretary of Defense for
                                                comments.                                               Governmentwide contract award data,                   Acquisition, Technology, and Logistics
                                                                                                        to measure PALT and make PALT data                    (OUSD(AT&L)), and established the
                                                SUMMARY:   In accordance with section
                                                886 of the National Defense                             available to the public. The Department               Office of the Under Secretary of Defense
                                                Authorization Act for Fiscal Year 2018,                 plans to submit a Change Control Board                for Acquisition and Sustainment
                                                DoD is requesting public comments on                    request to the General Services                       (OUSD(A&S)) and the Office of the
                                                a proposed definition of ‘‘Procurement                  Administration to update FPDS–NG by                   Under Secretary of Defense for Research
                                                Administrative Lead Time’’ or ‘‘PALT’’,                 adding a new data field that reflects                 and Engineering (OUSD(R&E)). The DoD
                                                that will be applied DoD-wide, and                      when the solicitation for a contract or               is amending the charters for each of
                                                DoD’s plan for measuring and publicly                   task order valued above the simplified                these advisory committees to reflect a
                                                reporting data on PALT for DoD                          acquisition threshold is issued. Once                 change in the committee’s DoD Sponsor.
                                                contracts and task orders above the                     the FPDS–NG system is updated                         The USD(A&S) will be the DoD Sponsor
                                                simplified acquisition threshold.                       (estimated to be completed in fiscal year             for the Defense Acquisition University
                                                DATES: Interested parties should submit                 2019), the public will be able to utilize             Board of Visitors, and the Threat
                                                written comments to the address shown                   FPDS–NG to obtain the PALT                            Reduction Advisory Committee. The
                                                below on or before March 12, 2018, to                   information for any contract or task                  USD(R&E) will be the DoD Sponsor for
                                                be considered.                                          order issued by the DoD that is valued                the Defense Science Board, and the
                                                ADDRESSES: Submit comments                              above the simplified acquisition                      Strategic Environmental Research and
                                                identified by ‘‘DARS–2018–0005’’ using                  threshold. The public is invited to                   Development Program Scientific
                                                any of the following methods:                           submit comments on this proposed                      Advisory Board. The amended charter
                                                   Æ Regulations.gov: http://                           definition and the plan as instructed in              and contact information for the
                                                www.regulations.gov. Submit comments                    the addresses section of this notice.                 Designated Federal Officer (DFO) can be
                                                via the Federal eRulemaking portal by                                                                         obtained at http://
                                                                                                        Jennifer L. Hawes,
                                                entering ‘‘DARS–2018–0005’’ under the                                                                         www.facadatabase.gov/.
                                                heading ‘‘Enter keyword or ID’’ and                     Regulatory Control Officer, Defense
                                                                                                        Acquisition Regulations System.                         Dated: February 6, 2018.
                                                selecting ‘‘Search.’’ Select the link
sradovich on DSK3GMQ082PROD with NOTICES




                                                                                                        [FR Doc. 2018–02599 Filed 2–8–18; 8:45 am]            Aaron Siegel,
                                                ‘‘Submit a Comment’’ that corresponds
                                                with ‘‘DARS–2018–0005.’’ Follow the                     BILLING CODE 5001–06–P                                Alternate OSD Federal Register Liaison
                                                instructions provided at the ‘‘Submit a                                                                       Officer, Department of Defense.
                                                Comment’’ screen. Please include your                                                                         [FR Doc. 2018–02634 Filed 2–8–18; 8:45 am]
                                                name, company name (if any), and                                                                              BILLING CODE 5001–06–P
                                                ‘‘DARS–2018–0005’’ on your attached
                                                document.


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Document Created: 2018-02-09 00:12:11
Document Modified: 2018-02-09 00:12:11
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesComments must be submitted on or before April 10, 2018.
ContactOwen J. Kopon, Special Counsel, Division of Market Oversight, Commodity Futures Trading Commission, (202) 418-5360; email: [email protected]
FR Citation83 FR 5761 

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