Federal Register, Volume 80 Issue 152 (Friday, August 7, 2015)  
[Federal Register Volume 80, Number 152 (Friday, August 7, 2015)]
[Pages 47477-47478]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-19402]



Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0096, Swap Data Recordkeeping and Reporting 

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. This 
notice solicits comments on the swap data recordkeeping and reporting 
requirements codified in 17 CFR part 45. This part imposes 
recordkeeping and reporting requirements on the following entities: 
Swap Data Repositories (``SDRs''), Swap Execution Facilities 
(``SEFs''), Designated Contract Markets (``DCMs''), Derivatives 
Clearing Organizations (``DCOs''), Swap Dealers (``SDs''), Major Swap 
Participants (``MSPs)'', and swap counterparties that are neither swap 
dealers nor major swap participants (``non-SD/MSP counterparties'').

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

ADDRESSES: You may submit comments, identified by ``Renewal of 
Collection Pertaining to Swap Data Recordkeeping and Reporting 
Requirements,'' or Renewal 3038-0096, 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: Thomas Guerin, Division of Market 
Oversight, Commodity Futures Trading Commission, 1155 21st Street NW., 
(202) 734-4194; email: [email protected], and refer to OMB Control No. 

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: Swap Data Recordkeeping and Reporting Requirements (OMB 
Control No. 3038-0096). This is a request for extension of a currently 
approved information collection.
    Abstract: The collection of information is needed to ensure that 
the CFTC and other regulators have access to complete data concerning 
swaps, as required by the Commodity Exchange Act as amended by the 
Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 
111-203, 124 Stat. 1376 (2010). The data would be reported to and 
maintained in SDRs, where it would not be disclosed publicly, but would 
be available to the CFTC and other financial regulators for fulfillment 
of various regulatory mandates. The information is for use by 
government entities to provide oversight and supervision and to ensure 
compliance with statutes and regulations relating to swaps.
    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 
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 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 Act.
    Burden Statement: The total annual time burden for this collection 
is estimated to be 445,910 hours. This estimate includes the time to 
comply with swap data recordkeeping and reporting requirements codified 
in 17 CFR part 45. Provisions of CFTC

[[Page 47478]]

Regulations 45.2, 45.3, 45.4, 45.5, 45.6, 45.7, and 45.14 result in 
information collection requirements within the meaning of the PRA. To 
the extent that the recordkeeping and reporting requirements codified 
in 17 CFR part 45 overlap with the requirements of other rulemakings 
for which the CFTC prepared and submitted an information collection 
burden estimate to OMB, the burden associated with the requirements are 
not being accounted for in the burden estimate for information 
collections under 17 CFR part 45 to avoid unnecessary duplication of 
information collection burdens.
    Respondents/Affected Entities: SDRs, SEFs, DCMS, DCOs, SDs, MSPs, 
and non-SD/MSP counterparties.
    Estimated number of respondents: 30,210.
    Estimated total annual burden on respondents: 445,910 hours.
    Frequency of collection: Ongoing.

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

    Dated: August 3, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-19402 Filed 8-6-15; 8:45 am]