[Federal Register: February 8, 2006 (Volume 71, Number 26)]
[Notices]
[Page 6455-6456]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr08fe06-53]

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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0043, Rules Relating To Review of National
Futures Association Decisions in Disciplinary, Membership Denial,
Registration, and Member Responsibility Actions

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (CFTC) is announcing
an opportunity for public comment on the proposed collection of certain
information by the agency. Under the Paperwork Reduction Act of 1995
(PRA), 44 U.S.C. 3501 et seq., 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 in
response to the notice. This notice solicits comments on rules relating
to review of National Futures Association decisions in disciplinary,
membership denial, registration, and member responsibility actions.

DATES: Comments must be submitted on or before April 10, 2006.

ADDRESSES: 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.

FOR FURTHER INFORMATION CONTACT: Gail Scott, (202) 418-5139; FAX: (202)
418-5524; e-mail: gscott@cftc.gov.

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(c) 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

[[Page 6456]]

proposed collection of information, including each proposed extension
of an existing 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.
    With respect to the following 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
Commission, including whether the information will have a practical
use;
    • The accuracy of the Commission'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.

Rules Relating To Review of National Futures Association Decisions in
Disciplinary, Membership Denial, Registration, and Member
Responsibility Actions, OMB Control Number 3038-0043--Extension

    These rules establish procedures and standards for Commission
review of registered futures association procedures for membership and
disciplinary actions.
    The Commission estimates the burden of this collection of
information as follows:

                                        Estimated Annual Reporting Burden
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                                Annual  number
                                      of          Frequency of     Total annual      Hours per      Total hours
                                  respondents       response         responses       response
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17 CFR Part 171...............              25  On occasion.....            51.3              .5            25.6
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    There are no capital costs or operating and maintenance costs
associated with this collection.

    Dated: February 3, 2006.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 06-1154 Filed 2-7-06; 8:45 am]

BILLING CODE 6351-01-M