Federal Register, Volume 80 Issue 152 (Friday, August 7, 2015)  
[Federal Register Volume 80, Number 152 (Friday, August 7, 2015)]
[Pages 47475-47476]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19394]



Agency Information Collection Activities: Proposed Collection, 
Comment Request, Foreign Board of Trade Registration

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or 
``Commission'') 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 and to allow 60 days for public comment. The 
Commission adopted on December 5, 2011, a final rule, as authorized by 
the Wall Street Reform and Consumer Protection Act (``Dodd-Frank 
Act''), requiring foreign boards of trade (``FBOT'') that wish to 
provide their identified members or other participants located in the 
United States with direct access to their electronic trading and order 
matching systems to register with the Commission. This notice solicits 
comments on the reporting requirements applicable to FBOTs that apply 
for registration and to the reporting requirements applicable to 
registered FBOTs as identified in the final rule.

DATES: Comments must be submitted on or before October 6, 2015.

ADDRESSES: You may submit comments, identified by ``FBOT Registration'' 
or PRA collection 3038-0101 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: Duane C. Andresen, Associate Director, 
Division of Market Oversight, Commodity Futures Trading Commission, 
(202) 418-5492; email: [email protected].

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: Information Management Requirements for Registration of 
Foreign Boards of Trade (OMB Control No. 3038-0101). This is a request 
for extension of a currently approved information collection.
    Abstract: Section 738 of the Dodd-Frank Act amended section 4(b) of 
the Commodity Exchange Act to provide that the Commission may adopt 
rules and regulations requiring FBOTs that wish to provide their 
members or other participants located in the United States with direct 
access to the FBOT's electronic trading and order matching system to 
register with the Commission. Pursuant to this authorization, the CFTC 
adopted a final rule requiring FBOTs that wish to permit trading by 
direct access to provide certain information to the Commission in 
applications for registration and, once registered, to provide certain 
information to meet quarterly and annual reporting requirements.
    With respect to the collection of information, the CFTC 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 

[[Page 47476]]

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\ 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 Information Collection 
Request 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 

    \1\ 17 CFR 145.9.

    Burden Statement: The respondent burden for this collection is 
estimated to range from 1000 hours for the submission of a new 
registration application to two to eight hours per response for 
submission of required reports. These estimates include the time to 
locate, compile, validate, and verify and disclose and to ensure such 
information is maintained.
    Respondents/Affected Entities: Foreign Boards of Trade.
    Estimated number of respondents: 271.
    Estimated total annual burden on respondents: 11,756 hours.
    Frequency of collection: Once for new applications, quarterly and 
annually for required reports.

(Authority: 44 U.S.C. 3501 et seq.)

    Dated: August 3, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-19394 Filed 8-6-15; 8:45 am]