Federal Register, Volume 80 Issue 15 (Friday, January 23, 2015)  
[Federal Register Volume 80, Number 15 (Friday, January 23, 2015)]
[Pages 3567-3568]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-01105]



Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0072 Registration of Swap Dealers and Major Swap 

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 (``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. This notice solicits comments on requirements relating to the 
registration process for swap dealers and major swap participants.

DATES: Comments must be submitted on or before March 24, 2015.

ADDRESSES: You may submit comments, identified by ``Renewal of 
Collection Pertaining to Registration of Swap Dealers and Major Swap 
Participants'' 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. 
Follow the instructions for submitting comments through the Portal.
    Please submit your comments using only one method.

FOR FURTHER INFORMATION CONTACT: Christopher Cummings, Division of Swap 
Dealer and Intermediary Oversight, Commodity Futures Trading 
Commission, 1125 21st Street NW., Washington, DC 20581; (202) 418-6700; 
email: [email protected], and refer to OMB Control No. 3038-0072.

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 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: Registration of Swap Dealers and Major Swap Participants 
(OMB Control No. 3038-0072). This is a request for extension of a 
currently approved information collection.
    Abstract: Pursuant to Section 731 of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act, Public Law 111-203, 124 Stat. 1376 
(2010) (``Dodd-Frank Act''), the Commission promulgated regulations 
setting forth the procedure whereby persons required by the Dodd-Frank 
Act to register with the Commission as Swap Dealers or Major Swap 
Participants may do so.
    With respect to the collection of information, the Commission 
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.
    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.
    Burden Statement: The Commission estimates that the total annual 
respondent burden for this collection is 629 hours:
    Form 7-R.
    Respondents/Affected Entities: Swap dealers and major swap 
    Estimated number of respondents: 125.
    Estimated burden per response: 1 hour.

[[Page 3568]]

    Estimated total annual burden on respondents: 125 hours.
    Frequency of collection: On occasion and annually.
    Form 8-R.
    Respondents/Affected Entities: 5 principals per each of 125 swap 
dealers and major swap participants.
    Estimated number of respondents: 625.
    Estimated burden per response: 0.8 hour.
    Estimated total annual burden on respondents: 500 hours.
    Frequency of collection: On occasion.
    Form 8-T.
    Respondents/Affected Entities: 1 principal per each of 20 swap 
dealers and major swap participants.
    Estimated number of respondents: 20.
    Estimated burden per response: 0.2 hour.
    Estimated total annual burden on respondents: 4 hours.
    Frequency of collection: On occasion.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: January 16, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015-01105 Filed 1-22-15; 8:45 am]