[Federal Register: December 27, 2006 (Volume 71, Number 248)]
[Notices]               
[Page 77740]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr27de06-46]                         


[[Page 77740]]

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COMMODITY FUTURES TRADING COMMISSION

 
Agency Information Collection Activities: Notice of Intent to 
Renew Collection 3038-0019, Stocks of Grain in Licenses Warehouses

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``the Commission'' 
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, and to allow 60 days for comment in 
response to the notice. This notice solicits comments on requirements 
relating to information collected to assist the Commission in the 
prevention of market manipulation.

DATES: Comments must be submitted on or before insert date February 20 
2007.

ADDRESSES: Comments may be mailed to Gary J. Martinaitis, Division 
Economic Analysis, U.S. Commodity Futures Trading Commission, 1155 21st 
Street NW., Washington, DC 20581.

FOR FURTHER INFORMATION CONTACT: Gary J. Martinaitis, (202) 418-5527; 
e-mail: gmartinaitis@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 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 Commission is publishing notice of the proposed 
collection of information listed below.
    With respect to the following collection of information, the 
Commission 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 of, 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 
electronic, mechanical, or other technological collection techniques or 
other forms of information technology; e.g., permitting electronic 
submission of responses.

Stocks of Grain in Licensed Warehouses, OMB Control No. 3038-0019--
Extension

    Under Commission Rule 1.44, 17 CFR 1.44, contract markets must 
require operators of warehouses regular for delivery to keep records on 
stocks of commodities and make reports on call by the Commission. The 
rules is designed to assist the Commission in prevention of market 
manipulation and is promulgated pursuant to the Commission's rulemaking 
authority contained in section 5a of the Commodity Exchange Act, 7 
U.S.C. 7a.
    The Commission estimates the burden of the collection of 
information as follows:

                                                            Estimated Annual Reporting Burden
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                                                                      Annual number     Frequency of     Total annual      Hours per
                           17 CFR section                             of respondents      response        responses         response       Total hours
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17 CFR 1.42 & 1.43.................................................               3           Weekly              156              1.0              156
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    There are no capital costs or operating and maintenance costs 
associated with this collection.
    This estimated is based on the number of exchanges providing such 
weekly data to the Commission and the number of elevator operators from 
which the exchanges collect the data.

    Dated: December 20, 2006.
Eileen A. Donovan,
Acting Secretary of the Commission.
[FR Doc. 06-9869 Filed 12-26-06; 8:45 am]

BILLING CODE 6351-01-M