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


[Page 68421-68422]

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





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: [email protected] 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: [email protected],

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]


Last Updated: November 18, 2008