[Federal Register: August 14, 2007 (Volume 72, Number 156)]


[Page 45420-45421]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]





Agency Information Collection Activities: Notice of Intent To

Renew Collection 3038-0025, Practice by Former Members and Employees of

the Commission

AGENCY: Commodity Futures Trading Commission.

[[Page 45421]]

ACTION: Notice.


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 requirements

relating to practice before the Commission by former members and

employees of the Commission.

DATES: Comments must be submitted on or before October 15, 2007.

ADDRESSES: Comments may be mailed to John P. Dolan, Office of the

General Counsel, U.S. Commodity Futures Trading Commission, 1155 21st

Street, NW., Washington, DC 20581.

FOR FURTHER INFORMATION CONTACT: John P. Dolan at (202) 418-5120; FAX:

(202) 418-5524; e-mail: [email protected]

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 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


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.

Practice by Former Members and Employees of the Commission, OBM Control

Number 3038-0025--Extension

Commission Rule 140.735-6 governs the practice before the

Commission of former members and employees of the Commission and is

intended to ensure that the Commission is aware of any existing

conflict of interest. The rule generally requires former members and

employees who are employed or retained to represent any person before

the Commission within two years of the termination of their CFTC

employment to file a brief written statement with the Commission's

Office of General Counsel. The proposed rule was promulgated pursuant

to the Commission's rulemaking authority contained in Section 8a(5) of

the Commodity Exchange Act, 7 U.S.C. 12a(5) (1994).

The Commission estimates the burden of this collection of

information as follows:

Estimated Annual Reporting Burden


Annual number Frequency of Total annual Hours per

17 CFR section of respondents response responses response Total hours


17 CFR 140.735-6................................................... 3 1.5 4.5 .10 0.45


There are no capital costs or operating and maintenance costs

associated with this collection.

This estimate is based on the number of responses received over the

last three years.

Dated: August 8, 2007.

David A. Stawick,

Secretary of the Commission.

[FR Doc. 07-3951 Filed 8-13-07; 8:45 am]


Last Updated: August 14, 2007