2018-24770
Federal Register, Volume 83 Issue 220 (Wednesday, November 14, 2018)
[Federal Register Volume 83, Number 220 (Wednesday, November 14, 2018)]
[Notices]
[Pages 56827-56828]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-24770]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0043, Rules Relating To Review of National
Futures Association Decisions in Disciplinary, Membership Denial,
Registration, and Member Responsibility Actions
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: The Commodity Futures Trading Commission (``CFTC'') is
announcing an opportunity for public comment on the renewal of a
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 rules relating to review of National
Futures Association decisions in disciplinary, membership denial,
registration, and member responsibility actions.
DATES: Comments must be submitted on or before January 14, 2019.
ADDRESSES: You may submit comments, identified by ``OMB Control No.
3038-0043'' by any of the following methods:
[[Page 56828]]
The Agency's website, at http://comments.cftc.gov/. Follow
the instructions for submitting comments through the website.
Mail: Christopher J. 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.
Please submit your comments using only one method. 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.
FOR FURTHER INFORMATION CONTACT: Melissa Chiang, Assistant General
Counsel, Office of General Counsel, Commodity Futures Trading
Commission, (202) 418-5578; email: [email protected].
SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq.,
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: Rules Relating to Review of National Futures Association
Decisions in Disciplinary, Membership Denial, Registration, and Member
Responsibility Actions (OMB Control No. 3038-0043). This is a request
for extension of a currently approved information collection.
Abstract: 17 CFR part 171 require a registered futures association
to provide fair and orderly procedures for membership and disciplinary
actions. The Commission's review of decisions of registered futures
associations in disciplinary, membership denial, registration, and
member responsibility actions is governed by Section 17(h)(2) of the
Commodity Exchange Act, 7 U.S.C. 21(h)(2). The rules establish
procedures and standards for Commission review of such actions, and the
reporting requirements included in the procedural rules are either
directly required by Section 17 of the Commodity Exchange Act or are
necessary to the type of appellate review role Congress intended the
Commission to undertake when it adopted that provision. 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. The OMB control numbers for the CFTC's regulations were
published on December 30, 1981. See 46 FR 63035 (Dec. 30, 1981).
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
use;
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\
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\1\ 17 CFR 145.9.
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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 respondent burden for this collection is
estimated to average 1 hour per response. This estimate includes the
time needed to transmit decisions of disciplinary, membership denial,
registration, and member responsibility actions to the Commission for
review. The total estimated burden of 3 hours is determined by the
following:
Respondents/Affected Entities: Individuals or entities filing
appeals from disciplinary and membership decisions by National Futures
Association.
Estimated number of respondents per year: 1.
Estimated number of responses: 3.
Estimated total annual burden on respondents: 3 hours (1 hour/each
response x 3).
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: November 8, 2018.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2018-24770 Filed 11-13-18; 8:45 am]
BILLING CODE 6351-01-P