2015-30561
Federal Register, Volume 80 Issue 232 (Thursday, December 3, 2015)
[Federal Register Volume 80, Number 232 (Thursday, December 3, 2015)]
[Notices]
[Pages 75663-75664]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30561]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0061, Daily Trade and Supporting Data Reports
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or
``Commission'') is announcing an opportunity for public comment on the
proposed 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 daily trade and
supporting data reports that are submitted to CFTC pursuant to
Commission Rule 16.02. This part imposes reporting requirements on
Reporting Markets, including Designated Contract Markets.
DATES: Comments must be submitted on or before February 1, 2016.
ADDRESSES: You may submit comments, identified by ``Renewal of
Collection Pertaining to Regulation 16.02 Daily Trade and Supporting
Data Reports 3038-0061'', by any of the following methods:
Agency Web site: http://comments.cftc.gov/. Follow the
instructions for submitting comments through the Web site.
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. You should submit only information that you wish to make
available publicly. If you wish the CFTC 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 CFTC's regulations.\1\
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\1\ 17 CFR 145.9.
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The CFTC 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 Information Collection Request will be retained in
the public comment file and will be considered as required under
applicable law, and may be accessible under the Freedom of Information
Act.
FOR FURTHER INFORMATION CONTACT: Thomas Guerin, Division of Market
Oversight, Commodity Futures Trading Commission, 1155 21st Street NW.,
Washington, DC 20581; (202) 734-4194, email: [email protected], and
refer to OMB Control No. 3038-0061.
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. To comply with this requirement,
the CFTC is publishing notice of the proposed collection of information
listed below.
Title: Regulation 16.02 Daily Trade and Supporting Data Reports
(OMB Control No. 3038-0061). This is a request for extension of a
currently approved information collection.
Abstract: The collection of information is needed to ensure that
the CFTC has access to transaction-level trade data and related order
information for each transaction executed on a Reporting Market. The
Commission analyzes the daily trade and supporting data reports that
are submitted pursuant to 17 CFR 16.02 to conduct financial, market and
trade practice surveillance. The Commission uses the collection of
information to discharge its regulatory responsibilities, including the
responsibilities to prevent market manipulations and commodity price
distortions and ensure the financial integrity of its jurisdictional
markets.
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 CFTC,
including whether the information will have a practical use;
The accuracy of the CFTC'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.
Burden Statement: CFTC Regulation 16.02 results in information
collection requirements within the meaning of the PRA. This regulation
previously required Reporting Markets to incur one-time costs to
establish systems and processes associated with providing the required
reports to the CFTC on a daily basis. With respect to the ongoing
reporting burden associated with submitting the required 16.02 reports,
the CFTC believes that Reporting Markets incur an average burden of two
hours to compile and submit each report made pursuant to 16.02.
Reporting Markets submit an average of 250 reports annually. The
estimated total annual time-burden for all Reporting Markets is 15,000
hours.
Respondents/Affected Entities: Reporting Markets.
Estimated number of respondents: 30.
Estimated total annual burden on respondents: 15,000 hours.
Frequency of collection: Ongoing.
There are no capital costs or operating and maintenance costs
associated with this collection.
Authority: 44 U.S.C. 3501 et seq.
[[Page 75664]]
Dated: November 27, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015-30561 Filed 12-2-15; 8:45 am]
BILLING CODE 6351-01-P