Federal Register, Volume 79 Issue 189 (Tuesday, September 30, 2014)  
[Federal Register Volume 79, Number 189 (Tuesday, September 30, 2014)]
[Page 58751]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23263]



Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0062, Regulation Pertaining to Financial 
Integrity of the Forex Market Place

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: The Commodity Futures Trading Commission (Commission or 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''), 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 reporting by retail foreign exchange dealers 
who fail to maintain required capital, reporting to customers, risk 
assessment filings and recordkeeping requirements.

DATES: Comments must be submitted on or before December 1, 2014.

ADDRESSES: You may submit comments, identified by ``Regulation 
Pertaining to Financial Integrity of the Forex Market Place'' by any of 
the following methods:
     The Agency's Web site, at http://comments.cftc.gov. Follow 
the instructions for submitting comments through the Web site.
     Mail: Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW., Washington, DC 20581.
     Hand Delivery/Courier: Same as Mail, above.
     Federal eRulemaking Portal: http://www.regulations.gov/search/index.jsp. Follow the instructions for submitting comments 
through the Portal. Please submit your comments using only one method.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
http://www.cftc.gov. You should submit only information that you wish 
to make available publicly. If you wish the Commission to consider 
information that you believe is exempt from disclosure under the 
Freedom of Information Act, a petition for confidential treatment of 
the exempt information may be submitted according to the procedures 
established in Sec.  145.9 of the Commission's regulations.\1\

    \1\ 17 CFR 145.9.

    The Commission reserves the right, but shall have no obligation, to 
review, pre-screen, filter, redact, refuse or remove any or all of your 
submission from http://www.cftc.gov that it may deem to be 
inappropriate for publication, such as obscene language. All 
submissions that have been redacted or removed that contain comments on 
the merits of the ICR will be retained in the public comment file and 
will be considered as required under the Administrative Procedure Act 
and other applicable laws, and may be accessible under the Freedom of 
Information Act.
    Comments may also be submitted to the Office of Management and 
Budget (OMB), Office of Information and Regulatory Affairs, Attention: 
Desk Officer for CFTC, 725 17th Street NW., Washington, DC 20503; or 
Fax: 202-395-5806.

FOR FURTHER INFORMATION CONTACT: Mark Bretscher, Division of Swap 
Dealer and Intermediary Oversight, Commodity Futures Trading 
Commission, 525 W. Monroe, Suite 1100, Chicago, IL 60661; (312) 596-
0529; email: [email protected], and refer to OMB Control No. 3038-

SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain 
approval from 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 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 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.
    Title: Regulation Pertaining to Financial Integrity of the Forex 
Market Place.
    Abstract: Pursuant to Amendments to the Commodity Exchange Act 
found in the Food, Conservation, and Energy Act of 2008, Public Law 
110-246, 122 Stat. 1651, 2189-2204 (2008), the Commission promulgated a 
comprehensive set of rules applicable to intermediaries and 
counterparties engaged in the offer and sale of off-exchange forex 
contracts to retail customers. New requirements under Part 5 included 
reporting by retail foreign exchange dealers who fail to maintain 
required capital, reporting to customers, risk assessment filings and 
recordkeeping requirements.
    Burden Statement: The respondent burden for this collection is 
estimated to be 0.87 hours per response.
    Respondents/Affected Entities: Retail Foreign Exchange Dealers, 
Futures Commission Merchants, Introducing Brokers, and other 
counterparties to forex transactions.
    Estimated Number of Respondents: 60.
    Estimated Total Annual Burden on Respondents: 2830 hours.
    Frequency of Collection: Annual and on occasion.

    Dated: September 25, 2014.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014-23263 Filed 9-29-14; 8:45 am]