Federal Register, Volume 77 Issue 106 (Friday, June 1, 2012)[Federal Register Volume 77, Number 106 (Friday, June 1, 2012)]
[Pages 32593-32594]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-13353]



Agency Information Collection Activities; Notice of Intent To 
Renew Collection: 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.


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 July 31, 2012.

ADDRESSES: Send comments regarding the burden estimated or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to the addresses below. Please refer to OMB 
Control No. 3038-0043 in any correspondence. 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. And
    Office of Information and Regulatory Affairs, Office of Management 
and Budget, Attention: Desk Officer for CFTC, 725 17th Street, 
Washington, DC 20503.
    Comments may also be submitted 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: David A. Stawick, 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. Follow the 
instructions for submitting comments.
    Please submit your comments using only one method and identity that 
it is for the renewal of 3038-0043.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
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\ See 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Gail Scott, Office of General Counsel, 
Commodity Futures Trading Commission, 1155 21st Street NW., Washington, 
DC 20581, (202) 418-5139; FAX: (202) 418-5524; email: [email protected] 
and refer to OMB Control No. 3038-0043.

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:

[[Page 32594]]

     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.

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
                                                  Annual  number                                         Total annual      Hours per
                     17 CFR                      of  respondents         Frequency  of response           responses         response       Total hours
17 CFR part 171................................              25   On occasion........................            51.3               .5             25.6

    There are no capital costs or operating and maintenance costs 
associated with this collection.

    Dated: May 25, 2012.
David A. Stawick,
Secretary of the Commission, Commodity Futures Trading Commission.
[FR Doc. 2012-13353 Filed 5-31-12; 8:45 am]