Federal Register, Volume 84 Issue 68 (Tuesday, April 9, 2019) 
[Federal Register Volume 84, Number 68 (Tuesday, April 9, 2019)]
[Pages 14097-14098]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06938]



Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0009, Large Trader Reports

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: The Commodity Futures Trading Commission (CFTC) is announcing
an opportunity for public comment on the proposed collection of certain
information by the agency. Under the Paperwork Reduction Act of 1995
(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 in response to the notice. This
notice solicits comments on large trader reports and related forms.

DATES: Comments must be submitted on or before June 10, 2019.

ADDRESSES: You may submit comments, identified by OMB Control No. 3038-
0009 by any of the following methods:
     The Agency's website, at http://comments.cftc.gov/. Follow
the instructions for submitting comments through the website.
     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.
    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: Jonathan Lave, Associate Director,
Division of Market Oversight, Commodity Futures Trading Commission,
(202) 418-5983; 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(c) 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, including each
proposed extension of an existing 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: 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.
    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. 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
(FCMs), 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
Commission-set levels.
    With respect to the following 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

[[Page 14098]]

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.
    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 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 be 0.26 hour per response, on average. These estimates
include the time to locate the information related to the exemptions
and to file necessary exemption paperwork. There are approximately
74,418 responses annually, thus the estimated total annual burden on
respondents is 19,676 hours.
    Respondents/Affected Entities: Large Traders, Clearing Members,
Contract Markets, and other entities affected by Commission regulations
16.00 and 17.00 as well as Parts 19 and 21.
    Estimated number of respondents: 480.
    Estimated total annual burden on respondents: 19,676 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: April 3, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-06938 Filed 4-8-19; 8:45 am]