Federal Register, Volume 80 Issue 136 (Thursday, July 16, 2015)
[Federal Register Volume 80, Number 136 (Thursday, July 16, 2015)]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-17428]
COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
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 August 17, 2015.
ADDRESSES: Comments regarding the burden estimated or any other aspect
of the information collection, including suggestions for reducing the
burden, 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. 3038-0009. Please provide the
Commission with a copy of all submitted comments at the address listed
below. Please refer to OMB Reference No. 3038-0009, 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 to: Hannah Ropp, Surveillance
Analyst, Division of Market Oversight, Commodity Futures Trading
Commission, 1155 21st Street NW., Washington, DC 20581.
Comments may be also be submitted, regarding the burden estimated
or any other aspect of the information collection, including
suggestions for reducing the burden, by any of the following methods:
The Agency's Web site, via its Comments Online process:
http://comments.cftc.gov. Follow the instructions for submitting
comments through the Web site.
Mail: Christopher Kirkpatrick, Secretary, 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.
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 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.
A copy of the supporting statements for the collection of
information discussed above may be obtained by visiting RegInfo.gov.
All comments must be submitted in English, or if not, accompanied by an
English translation. Comments will be posted as received to
FOR FURTHER INFORMATION CONTACT: Hannah Ropp, Surveillance Analyst,
Division of Market Oversight; phone: (202) 418-5228; fax: (202) 418-
5507; email: [email protected]; and refer to OMB Control No. 3038-0009.
SUPPLEMENTARY INFORMATION: This is a request for an extension of a
previously approved collection--Extension.
Title: Large Trader Reports (OMB Control No. 3038-0009). This is a
request for extension of a currently approved information collection.
Abstract: The reporting rules covered by OMB control number 3038-
0009 (``the Collection'') are structured to ensure that the Commission
receives adequate information to carry out its market and financial
surveillance programs. The market surveillance programs analyze market
information to detect and prevent market disruptions and enforce
speculative position limits. The financial surveillance programs
combine market information with financial data to assess the financial
risks presented by large customer positions to Commission registrants
and clearing organizations.
Previously, all reporting rules contained in parts 15 through 19
and 21 of the Commission's regulations were covered by the Collection;
however, a recent rulemaking action relocated several recordkeeping and
reporting burdens from this collection to a new collection, OMB Control
Number 3038-0103. Specifically, that rulemaking appropriated the
information collection burdens associated with Commission regulations
Sec. Sec. 17.01, 18.04, and 18.05. Accordingly, this renewal will
update the Collection's current burden estimates and officially remove
the duplicative burdens from the Collection.
The reporting rules are implemented by the Commission partly
pursuant to the authority of sections 4a, 4c(b), 4g, and 4i of the
Commodity Exchange Act (``Act''). Section 4a of the Act permits the
Commission to set, approve exchange-set, and enforce speculative
position limits. Section 4c(b) of the Act gives the Commission plenary
authority to regulate transactions that involve commodity options.
Section 4g of the Act imposes reporting and recordkeeping obligations
on registered entities and registrants (including futures commission
merchants, introducing brokers, floor brokers, or floor traders), and
requires each registrant to file such reports as the Commission may
require on proprietary and customer positions executed on any board of
trade in the United States or elsewhere. Lastly, section 4i of the Act
requires the filing of such reports as the Commission may require when
positions made or obtained on designated contract markets or
derivatives transaction execution facilities equal or exceed
Burden Statement: The respondent burden for this collection is
estimated to be 0.26 hours per response, on average. These estimates
include the time to locate the information related to the exemptions
and to file necessary exemption paperwork.
Respondents/Affected Entities: Large Traders, Clearing Members,
Contract Markets, and other entities affected by Commission regulations
Sec. Sec. 16.00 and 17.00 as well as parts 19 and 21.
Estimated number of respondents: 453.
Estimated total annual burden on respondents: 18,348 hours.
Frequency of collection: Periodically.
There are no capital costs or operating and maintenance costs
associated with this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: July 13, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-17428 Filed 7-15-15; 8:45 am]
BILLING CODE 6351-01-P