2018-20948
Federal Register, Volume 83 Issue 187 (Wednesday, September 26, 2018)
[Federal Register Volume 83, Number 187 (Wednesday, September 26, 2018)]
[Notices]
[Pages 48605-48606]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-20948]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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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 October 26, 2018.
ADDRESSES: Comments regarding the burden estimate 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 this notice's
publication by either of the following methods. Please identify the
comments by ``OMB Control No. 3038-0076.''
By email addressed to: [email protected] or
By mail addressed 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.
A copy of all comments submitted to OIRA should be sent to the
Commodity Futures Trading Commission (the ``Commission'') by either of
the following methods. The copies should refer to ``OMB Control No.
3038-0076.''
By mail addressed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581;
By Hand Delivery/Courier to the same address; or
Through the Commission's website at https://comments.cftc.gov. Please follow the instructions for submitting
comments through the website.
A copy of the supporting statement for the collection of information
discussed herein may be obtained by visiting https://RegInfo.gov.
All comments must be submitted in English, or if not, accompanied
by an English translation. Comments will be posted as received to
https://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\ 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 https://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.
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\1\ 17 CFR 145.9.
FOR FURTHER INFORMATION CONTACT: Eileen Chotiner, Senior Compliance
Analyst, Division of Clearing and Risk, Commodity Futures Trading
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Commission, (202) 418-5467; email: [email protected].
SUPPLEMENTARY INFORMATION:
Title: Part 39, Risk Management Requirements for Derivatives
Clearing Organizations, (OMB Control No. 3038-0076). This is a request
for extension and revision of a currently approved information
collection.
Abstract: Commission Regulations 39.12, 39.13, 39.14, 39.15, 39.16
and 39.18 establish risk management requirements for registered
derivatives clearing organizations (``DCOs''). Regulation 39.3 requires
any person seeking to register as a DCO to submit a completed Form DCO
as provided in the appendix to part 39, accompanied by all applicable
exhibits. The Commission will use the information in this collection to
assess compliance of DCOs and DCO applicants with requirements for DCOs
prescribed in the Commodity Exchange Act and Commission regulations.
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. On July 13, 2018, the Commission
published in the Federal Register notice of the proposed extension of
this information collection and provided 60 days for public comment on
the proposed extension, 83 FR 32638 (``60-Day Notice''). The Commission
did not receive any relevant comments on the 60-Day Notice.
Burden Statement: For this collection, the Commission is revising
its burden estimate for 16 registered DCOs and 3 potential DCO
applicants, as follows:
1. Collection 3038-0076--Derivatives Clearing Organization
Applicants Reporting Requirement (Regulation 39.3 and Form DCO).
[[Page 48606]]
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Estimated
Reports Total annual average number Estimated total
Estimated number of respondents per year annually by responses of hours per annual burden
each response hours
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3........................................... 1 3 400 1200
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2. Collection 3038-0076--Event-Specific System Safeguards Reporting
Requirements for Derivatives Clearing Organizations (Regulations
39.18(g) and (h)).
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Estimated
Reports Total annual average number Estimated total
Estimated number of respondents per year annually by responses of hours per annual burden
each response hours
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16.......................................... 2 32 0.1 3.2
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3. Collection 3038-0076--Recordkeeping Requirements for Derivatives
Clearing Organizations.
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Estimated
Reports Total annual average number Estimated total
Estimated number of respondents per year annually by responses of hours per annual burden
each response hours
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16.......................................... 1 16 50 800
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Types of Respondents/Affected Entities: Derivatives clearing
organizations (DCOs) and applicants for registration as a DCO.
Estimated annual number of respondents: 19.\2\
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\2\ Includes 16 currently registered DCOs (an increase of 2
since the last extension in 2015) and 3 potential applicants.
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Estimated average burden hours per response: 9.\3\
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\3\ Since burden hours vary widely within the collection, this
is the average of burden hours per response for the collection as a
whole (aggregate of 450.1 hours/aggregate of 51 responses = 8.82
hours, rounded to 9).
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Estimated total annual burden hours: 2003.\4\
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\4\ This figure reflects the burden hours aggregated from tables
1, 2, and 3 (1200 + 3.2 + 800) = 2003.
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Frequency of Collection: On occasion.
There are no capital costs or operating and maintenance costs
associated with this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: September, 21, 2018.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2018-20948 Filed 9-25-18; 8:45 am]
BILLING CODE 6351-01-P