Federal Register, Volume 84 Issue 223 (Tuesday, November 19, 2019) 
[Federal Register Volume 84, Number 223 (Tuesday, November 19, 2019)]
[Page 63861]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-24948]


[[Page 63861]]



Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0013, Exemptions From Speculative Limits

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 renewal of an information collection 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 proposed extension of an existing
collection of information, and to allow 60 days for public comment.
This notice solicits comments on the Commission's regulation pertaining
to the requirements of qualified persons filing for exemptive relief
from aggregation of positions.

DATES: Comments must be submitted on or before January 21, 2020.

ADDRESSES: You may submit comments indicating for ``OMB Control No.
3038-0013'' 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.

FOR FURTHER INFORMATION CONTACT: Steven Haidar, Division of Market
Oversight, Commodity Futures Trading Commission, (202) 418-5611; email:
[email protected], and refer to OMB Control No. 3038-0013.

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, 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 collection of information. 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.
    Title: Exemptions from Speculative Limits (OMB Control No. 3038-
0013). This is a request for an extension of a currently approved
information collection.
    Abstract: Commission rule 150.4 provides that all persons holding a
greater than 10 percent ownership or equity interest in another entity
can avail themselves of an exemption in rule 150.4(b)(2) to
disaggregate the positions of the owned entity. To claim the exemption,
a person needs to meet certain criteria and file a notice with the
Commission in accordance with the provisions of the rule. The rules
establish reporting and recordkeeping requirements. Rule 150.4(b)(2)
(would establish an exemption for a person to disaggregate the
positions of a separately organized entity); 150.4(b)(5) (would expand
the exemption for independent account controllers to include additional
eligible participants); and 150.4(b)(8) (provides an exemption from
aggregation where the sharing of information between persons would
cause either person to violate federal law).
    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 Commission's burden estimate for this
collection remains unchanged. The respondent burden for this collection
is estimated to be as follows:
    Estimated Number of Respondents: 240.
    Estimated Total Annual Responses: 340.
    Estimated Average Burden Hours per Response: 20.15.
    Estimated Total Annual Burden Hours: 6,850.
    Frequency of Collection: Once.
    There are no capital costs or operating and maintenance costs
associated with this collection.

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

    Dated: November 13, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-24948 Filed 11-18-19; 8:45 am]