Federal Register, Volume 79 Issue 231 (Tuesday, December 2, 2014)  
[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Pages 71400-71401]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28382]



Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: In compliance with the Paperwork Reduction Act of 1995 (PRA), 
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 its expected costs and burden.

DATES: Comments must be submitted on or before January 2, 2015.

ADDRESSES: Comments may be submitted directly to the Office of 
Information and Regulatory Affairs (OIRA) in OMB, within 30 days of the 
notice's publication, by email at [email protected]. Please 
identify the comments by OMB Control No. 3038-0062. Please provide the 
Commission with a copy of all submitted comments at the address listed 
below. Please refer to OMB Reference No. 3038-0062, found on http://reginfo.gov. Comments may also be mailed to the Office of Information 
and Regulatory Affairs, Office of Management and Budget, Attention: 
Desk Officer for the Commodity Futures Trading Commission, 725 17th 
Street NW., Washington, DC 20503, and Mark Bretscher, Division of Swap 
Dealer and Intermediary Oversight, Commodity Futures Trading 
Commission, 525 W. Monroe, Suite 1100, Chicago, IL.
    Comments may also be submitted, regarding the burden estimated or 
any other aspect of the information collection, including suggestions 
for reducing the burden, identified by ``Regulation Pertaining to 
Financial Integrity of the Forex Market Place, OMB Control No. 3038-
0062'' 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. 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 
www.cftc.gov. If you wish the Commission to consider information that 
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 set forth in Sec.  145.9 of the 
Commission's regulations.\1\

    \1\ Commission regulations referred to herein are found at 17 
CFR Ch. 1 (2014).

    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 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 this matter 
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.

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-
0062. This contact can also provide a copy of the ICR. A copy of the 
supporting statements for the collection of information discussed above 
may be obtained by visiting RegInfo.gov.

    Title: ``Regulation Pertaining to Financial Integrity of the Forex 
Market Place,'' (OMB Control No. 3038-0062). This is a request for 
extension of a currently approved information collection.
    Abstract: Pursuant to amendments to the Commodity Exchange Act 
found in the Food, Conservation, and Energy Act of 2008, Pub. L. 110-
246, 122 Stat. 1651,

[[Page 71401]]

2189-2204 (2008), the Commodity Futures Trading 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.
    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 
CFTC's regulations were 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 30, 2014 (79 FR 58751).
    Burden Statement: The respondent burden for this collection is 
estimated to average 0.87 hours per response. The total annual cost 
burden per respondent is estimated to be $2,075. The Commission based 
its calculation on an hourly wage rate of $44.01 for a Compliance 

    \2\ In arriving at a wage rate for the hourly costs imposed, 
Commission staff used the National Industry-Specific Occupational 
Employment and Wage Estimates, published in May (2013 Report). The 
hourly rate for a Compliance Officer in the Securities and Commodity 
Exchanges as published in the 2010 Report was $44.01 per hour.

    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: 2,830 hours.
    Frequency of Collection: Annual and on occasion.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: November 26, 2014.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014-28382 Filed 12-1-14; 8:45 am]