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  • FR Doc E8-27345[Federal Register: November 18, 2008 (Volume 73, Number 223)]


    [Page 68421-68422]

    From the Federal Register Online via GPO Access []





    Agency Information Collection Activities: Notice of Intent To

    Renew Collection 3038-0052, Establishing Procedures for Designated

    Contract Markets and Applicants Seeking Designation, Comment Request

    AGENCY: Commodity Futures Trading Commission.

    ACTION: Notice.


    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 the expected costs and burden; it

    includes the actual data collection instruments [if any].

    DATES: Comments must be submitted on or before December 18, 2008.


    Division Of Market Oversight, U.S. Commodity Futures Trading

    Commission, 1155 21st Street, NW., Washington, DC 20581, (202) 418-

    5494; Fax: (202) 418-5527; e-mail: and refer to OMB

    Control No. 3038-0052.


    Title: Part 38--Designated Contract Markets, OMB Control No. 3038-

    0052. This is a request for extension of a currently approved

    information collection.

    Abstract: Designated contract markets are fully regulated commodity

    futures and options exchanges. Such markets, prior to registration and

    on an ongoing basis, must demonstrate compliance with the criteria for

    designation (set forth in Section 5(b) of the Commodity Exchange Act, 7

    U.S.C. 7(b)), the core principles for operation (set forth in Section

    5(d) of the Act, 7 U.S.C. 7(d)), and the provisions of Part 38 of the

    Commission's regulations, 17 CFR Part 38. Part 38 of the Commission's

    regulations governs the activities of designated contract markets. The

    information collected thereunder is necessary for the Commission to

    evaluate whether entities operating as, or applying to become,

    designated contract markets are in compliance with the designation

    criteria and the core principles delineated in the Act and the

    Commission's regulations adopted thereunder. Appendix A to Part 38

    provides guidance to applicants on how the specific conditions for

    initial designation may be met by an applicant. Appendix B to Part 38

    provides guidance to applicants on how designated contract markets can

    remain in compliance with the core principles.

    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

    Commission's regulations were initially 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 September 12, 2008 (73 FR 52959). No

    comments were received in response to this publication.

    The Commission estimates the burden of this collection of

    information as follows:

    [[Page 68422]]

    Estimated Annual Reporting Burden



    Estimated Reports Total annual average number Annual

    Report number of annually by responses of hours per reporting

    respondents each response burden


    Designation and Compliance......................................... 13 NA NA 300 3900


    Burden means the total time, effort, or financial resources

    expended by persons to generate, maintain, retain, disclose or provide

    information to or for a federal agency. This includes 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.

    Send comments regarding the burden estimated or any other aspect of

    the information collection, including suggestions for reducing the

    burden, to the addresses listed below. Please refer to OMB Control No.

    3038-0052 in any correspondence.

    Riva Spear Adriance, Division Of Market Oversight, U.S. Commodity

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

    20581, (202) 418-5494; Fax: (202) 418-5527; e-mail:,

    and Office of Information and Regulatory Affairs, Office of Management

    and Budget, Attention: Desk Officer for CFTC, 725 17th Street, NW.,

    Washington, DC 20503.

    Dated: November 13, 2008.

    David A. Stawick,

    Secretary of the Commission.

    [FR Doc. E8-27345 Filed 11-17-08; 8:45 am]

    BILLING CODE 6351-01-P

    Last Updated: November 18, 2008