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2012-26625

  • Federal Register, Volume 77 Issue 210 (Tuesday, October 30, 2012)[Federal Register Volume 77, Number 210 (Tuesday, October 30, 2012)]

    [Notices]

    [Pages 65675-65676]

    From the Federal Register Online via the Government Printing Office [www.gpo.gov]

    [FR Doc No: 2012-26625]

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    COMMODITY FUTURES TRADING COMMISSION

    Financial Education Content Needs Survey

    AGENCY: Commodity Futures Trading Commission, Office of Consumer

    Outreach.

    ACTION: Notice.

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    SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or

    ``Commission'') is announcing an opportunity for public comment on a

    proposed collection of 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 and to allow 60 days for public comment. The Commission's

    Office of Consumer Outreach would like to distribute a survey designed

    to collect data from employees at organizations that provide financial

    education information to their constituents. The information collected

    will assist the CFTC's Office of Consumer Outreach in determining how

    to provide its financial education content to these employees and

    organizations. This notice solicits comments on the reporting

    requirements that are part of the proposed survey.

    DATES: Comments must be received on or before December 31, 2012.

    ADDRESSES: You may submit comments, regarding the burden estimated or

    any other aspect of the information collection, including suggestions

    for reducing the burden, by any of the following methods:

    Agency Web site, via its Comments Online process: http://comments.cftc.gov. Follow the instructions for submitting comments

    through the Web site.

    Mail: Send to Sauntia Warfield, Assistant Secretary,

    Commodity Futures Trading Commission, 1155 21st Street NW., Washington,

    DC 20581.

    Hand delivery/Courier: Same as Mail above.

    Federal eRulemaking Portal: http://www.regulations.gov/search/index.jsp. Follow the instructions for submitting comments.

    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. 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 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.

    FOR FURTHER INFORMATION CONTACT: Nisha Smalls, Consumer Education &

    Outreach Specialist, 202-418-5000, consumers@cftc.gov, Office of

    Consumer Outreach, Commodity Futures Trading Commission, Three

    Lafayette Centre, 1151 21st Street NW., Washington, DC 20581.

    SUPPLEMENTARY INFORMATION: Under the PRA, federal agencies must obtain

    approval from the Office of Management and Budget (``OMB'') for each

    collection of information they collect or sponsor. ``Collection of

    information'' is defined in 44 U.S.C. 3502(3) as ``the obtaining,

    causing to be obtained, soliciting * * * facts or opinions by or for

    any agency, regardless of form or format [from] ten or more persons.''

    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.

    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 for

    each proposed collection of information before submitting the

    collection to OMB for approval. Under OMB regulations, which implement

    provisions of the PRA, certain ``facts or opinions that are submitted

    in response to a general solicitation of comments from the public,

    published in the Federal Register or other publications,'' 5 CFR

    1320.3(h)(4), or ``facts or opinions obtained or solicited at or in

    connection with public hearings or meetings,'' 5 CFR 1320.3(h)(8), are

    excluded from the OMB approval process. The Federal Register notice

    with a 60-day comment period soliciting comments on this collection of

    information was published on August 16, 2012 (77 FR 49428). The

    Commission received no comments on this collection of information.

    In accordance with 7 U.S.C. 26, the CFTC is posing survey questions

    to the public. Questions included in the survey will inquire as to how

    often the respondents would like to receive content from CFTC, the

    format in which the respondents would like to receive information, and

    the topics the information should cover.

    The Office of Consumer Outreach develops campaigns to change

    consumer behaviors, so that consumers can better avoid fraud as defined

    under the Commodities Exchange Act. The first campaign from the Office

    of Consumer Outreach involves utilizing government and non-profit

    agency distribution methods to provide anti-fraud information to

    consumers. This survey will assist the Office of Consumer Outreach in

    determining how the government and non-profit agencies would like to

    receive the anti-fraud information from the CFTC. The respondent burden

    for this collection is estimated to be 10 minutes per response. This

    estimate includes the time to prepare the written or electronic

    [[Page 65676]]

    survey and transmit it to the Commission. The Commission estimates the

    average burden of this collection of information as follows:

    Estimated Annual Reporting Burden Hours

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    17 CFR........... Annual 500....... Frequency 1 Hours per 10 Total 500....... 83.3 hours $0.

    response per minutes per

    respondent. response Cost

    is $0.

    17 CFR........... 500.............. At this time 10 minutes...... 500............. $0.

    only one

    response is

    required.

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    Issued by the Commission this 25th day of October 2012.

    Sauntia S. Warfield,

    Assistant Secretary of the Commission.

    [FR Doc. 2012-26625 Filed 10-29-12; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: October 31, 2012



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