2012-19037

Federal Register, Volume 77 Issue 150 (Friday, August 3, 2012)[Federal Register Volume 77, Number 150 (Friday, August 3, 2012)]
[Notices]
[Pages 46411-46412]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-19037]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice; Information Collection 3038-0043, Rules Relating to 
Review of National Futures Association Decisions in Disciplinary, 
Membership Denial, Registration, and Member Responsibility Actions

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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), 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; it 
includes the actual data collection instruments [if any].

DATES: Comments must be submitted on or before September 4, 2012.

ADDRESSES: Send comments regarding the burden estimated or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to the addresses below. Please

[[Page 46412]]

refer to OMB Control No. 3038-0043 in any correspondence. Comments may 
be mailed to Gail B. Scott, Office of General Counsel, U.S. Commodity 
Futures Trading Commission, 1155 21st Street NW., Washington, DC 20581.

and

    Office of Information and Regulatory Affairs, Office of Management 
and Budget, Attention: Desk Officer for CFTC, 725 17th Street, 
Washington, DC 20503. Comments may also be submitted 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: David A. Stawick, 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.
    Please submit your comments using only one method and identity that 
it is for the renewal of 3038-0043.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
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\ See 17 CFR 145.9.
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    For Further Information or a Copy Contact: Gail B. Scott at CFTC, 
(202) 418-5139; FAX: (202) 418-5524; email: [email protected] and refer 
to OMB Control No. 3038-0043.

SUPPLEMENTARY INFORMATION: 
    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 rules 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 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). The Federal Register notice with a 60-day comment 
period soliciting comments on this collection of information was 
published on June 1, 2012 (77 FR 32593).
    Burden Statement: The respondent burden for this collection is 
estimated to average .5 hours 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 estimated burden of .5 is determined by the following:
    Respondents/Affected Entities: 25.
    Estimated number of responses: 51.3.
    Estimated total annual burden on respondents: 25.6 hours.
    Frequency of collection: on occasion.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

    Issued in Washington, DC on July 31, 2012.
Sauntia S. Warfield,
Assistant Secretary of the Commission.
[FR Doc. 2012-19037 Filed 8-2-12; 8:45 am]
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