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  • Federal Register, Volume 82 Issue 200 (Wednesday, October 18, 2017)

    [Federal Register Volume 82, Number 200 (Wednesday, October 18, 2017)]


    [Pages 48496-48497]

    From the Federal Register Online via the Government Publishing Office []

    [FR Doc No: 2017-22608]




    Agency Information Collection Activities Under OMB Review

    AGENCY: Commodity Futures Trading Commission.

    ACTION: Notice.


    SUMMARY: In compliance with the Paperwork Reduction Act (``PRA''), 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.

    DATES: Comments must be submitted on or before November 17, 2017.

    ADDRESSES: Comments regarding the burden estimate or any other aspect

    of the information collection, including suggestions for reducing the

    burden, may be submitted directly to the Office of Information and

    Regulatory Affairs (``OIRA'') in OMB within 30 days of this notice's

    publication by either of the following methods. Please identify the

    comments by ``OMB Control No. 3038-0059.''

    By email addressed to:; or

    By mail addressed to: the Office of Information and

    Regulatory Affairs, Office of Management and Budget, Attention Desk

    Officer for the Commodity Futures Trading Commission, 725 17th Street

    NW., Washington, DC 20503.

    A copy of all comments submitted to OIRA should be sent to the

    Commodity Futures Trading Commission (``CFTC'' or ``Commission'') by

    either of the following methods. The copies should refer to ``OMB

    Control No. 3038-0059.''

    By submission through the Commission's Web site: Please follow the instructions for submitting

    comments through the Web site;

    By mail addressed to: Christopher Kirkpatrick, Secretary

    of the Commission, Commodity Futures Trading Commission, Three

    Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; or

    [[Page 48497]]

    By hand delivery/courier to: The address listed above for

    submission by mail.

    A copy of the supporting statements for the collection of

    information discussed herein may be obtained by visiting

    All comments must be submitted in English, or if not, accompanied

    by an English translation. Comments will be posted as received to 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\ 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 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.


    \1\ 17 CFR 145.9.

    FOR FURTHER INFORMATION CONTACT: David Steinberg, Commodity Futures

    Trading Commission, phone: 202-418-5102, fax: 202-418-5527, email:

    _____________________________________-, and refer to OMB Control No. 3038-0059.


    Title: Part 41 Relating to Security Futures Products (OMB Control

    No. 3038-0059). This is a request for extension of a currently approved

    information collection.

    Abstract: Section 4d(c) of the Commodity Exchange Act (``CEA''), 7

    U.S.C. 6d(c), requires the CFTC to consult with the Securities and

    Exchange Commission (``SEC'') and issue such rules, regulations, or

    orders as are necessary to avoid duplicative or conflicting regulations

    applicable to firms that are fully registered with the SEC as brokers

    or dealers and the CFTC as futures commission merchants involving

    provisions of the CEA that pertain to the treatment of customer funds.

    The CFTC, jointly with the SEC, issued regulations requiring such

    dually-registered firms to make choices as to how its customers'

    transactions in security futures products will be treated, either as

    securities transactions held in a securities account or as futures

    transactions held in a futures account. How an account is treated is

    important in the unlikely event of the insolvency of the firm. Only

    securities accounts receive insurance protection under provisions of

    the Securities Investor Protection Act. By contrast, only futures

    accounts are subject to the protections provided by the segregation

    requirements of the CEA.

    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 August 4, 2017 (82 FR 36384). The Commission did not

    receive any comments specifically addressing the 60-Day Notice.

    Burden Statement: The respondent burden for this collection is

    estimated to average 1.57 hours per response. These estimates include

    the time needed to review instructions; develop, acquire, install, and

    utilize technology and systems for the purposes of collecting,

    validating, and verifying information, processing and maintaining

    information and disclosing and providing information; adjust the

    existing ways to comply with any previously applicable instructions and

    requirements; train personnel to be able to respond to a collection of

    information; and transmit or otherwise disclose the information.

    Respondents/Affected Entities: 44.

    Estimated number of responses: 943.

    Estimated total annual burden on respondents: 1,482 hours.

    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: October 13, 2017.

    Robert N. Sidman,

    Deputy Secretary of the Commission.

    [FR Doc. 2017-22608 Filed 10-17-17; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: October 18, 2017