Federal Register, Volume 84 Issue 119 (Thursday, June 20, 2019) 
[Federal Register Volume 84, Number 119 (Thursday, June 20, 2019)]
[Pages 28789-28790]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-13083]



Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


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 July 22, 2019.

ADDRESSES: Comments regarding the burden estimated 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 the notice's
publication, by either of the following methods. Please identify the
comments by OMB Control No. 3038-0080.
     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.
     Through the Commission's website at http://comments.cftc.gov/. Follow the instructions for submitting comments
through the website.
     By mail addressed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; or
     By Hand Delivery/Courier to the same address.
    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. 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 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.

    \1\ 17 CFR 145.9.

    A copy of the supporting statements for the collection of
information discussed herein may be obtained by visiting http://RegInfo.gov.

FOR FURTHER INFORMATION CONTACT: Pamela M. Geraghty, Special Counsel,
Division of Swap Dealer and Intermediary Oversight, Commodity Futures
Trading Commission, (202) 418-5634, email: [email protected], and
refer to OMB Control No. 3038-0080.

[[Page 28790]]

    Title: Annual Report for Chief Compliance Officer of Registrants
(OMB Control No. 3038-0080). This is a request for an extension of a
currently approved information collection.
    Abstract: On April 3, 2012, the Commission adopted Commission
regulation 3.3 (Chief Compliance Officer) \2\ under sections 4d(d) and
4s(k) \3\ of the Commodity Exchange Act (``CEA''). Commission
regulation 3.3 requires each futures commission merchant (``FCM''),\4\
swap dealer (``SD''),\5\ and major swap participant (``MSP'') \6\ to
designate, by filing a form 8-R, a chief compliance officer who is
responsible for developing and administering policies and procedures
that fulfill certain duties of the FCM, SD, or MSP and that are
reasonably designed to ensure the registrant's compliance with the CEA
and Commission regulations; establishing procedures for the remediation
of noncompliance issues identified by the chief compliance officer;
establishing procedures for the handling, management response,
remediation, retesting, and closing of noncompliance issues; preparing,
signing, certifying and filing with the Commission an annual compliance
report that contains the information specified in the regulations;
amending the annual report if material errors or omissions are
identified; and maintaining records of the registrant's compliance
policies and procedures and records related to the annual report. The
information collection obligations imposed by Commission regulation 3.3
are essential to ensuring that FCMs, SDs, and MSPs maintain
comprehensive policies and procedures that promote compliance with the
CEA and Commission regulations. In particular, the Commission believes
that, among other things, these obligations (i) promote compliance
behavior through periodic self-evaluation, (ii) inform the Commission
of possible compliance weaknesses, (iii) assist the Commission in
determining whether the registrant remains in compliance with the CEA
and Commission regulations, and (iv) help the Commission to assess
whether the registrant has mechanisms in place to adequately address
compliance problems that could lead to a failure of the registrant.

    \2\ 17 CFR 3.3.
    \3\ 7 U.S.C. 6d(d) and 6s(k).
    \4\ For the definition of FCM, see section 1a(28) of the CEA and
Commission regulation 1.3(p). 7 U.S.C. 1a(28) and 17 CFR 1.3(p).
    \5\ For the definition of SD, see section 1a(49) of the CEA and
Commission regulation 1.3(ggg). 7 U.S.C. 1a(49) and 17 CFR 1.3(ggg).
    \6\ For the definitions of MSP, see section 1a(33) of the CEA
and Commission regulation 1.3(hhh). 7 U.S.C. 1a(33) and 17 CFR

    Burden Statement: In light of the current number of Commission-
registered FCMs, SDs, and MSPs, the Commission revised its estimate of
the burden for this collection. Accordingly, the respondent burden for
this collection is estimated to be as follows:
    Number of Registrants: 171.
    Estimated Average Burden Hours per Registrant: 1,006.
    Estimated Aggregate Burden Hours: 172,026.
    Frequency of Recordkeeping/Third-party Disclosure: Annually or on
    There are no capital or operating and maintenance costs associated
with this collection.

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

    Dated: June 14, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-13083 Filed 6-19-19; 8:45 am]