[Federal Register Volume 84, Number 247 (Thursday, December 26, 2019)]
[Pages 70963-70964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-27704]



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 January 27, 2020.

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. 3038-0096.''
     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.
     By mail addressed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581;

[[Page 70964]]

     By Hand Delivery/Courier to the same address; or
     Through the Commission's website at http://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 http://RegInfo.gov.
    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 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.

    \1\ 17 CFR 145.9.

Director, Division of Market Oversight, Commodity Futures Trading
Commission, (202) 418-5785, email: [email protected], and refer to OMB
Control No. 3038-0096.

    Title: Swap Data Recordkeeping and Reporting Requirements (OMB
Control No. 3038-0096). This is a request for extension of a currently
approved information collection.
    Abstract: The collection of information is needed to ensure that
the CFTC and other regulators have access to swap data as required by
the Commodity Exchange Act, as amended by the Dodd-Frank Wall Street
Reform and Consumer Protection Act (``Dodd-Frank Act''). The Dodd-Frank
Act directed the CFTC to adopt rules providing for the reporting of
data relating to swaps. In 2012, the CFTC adopted Regulation 45, which
imposes recordkeeping and reporting requirements relating to pre-
enactment and historical swaps.
    On September 25, 2019, 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, 84 FR 50413 (``60-Day Notice'') The Commission did not
receive any comments on the 60-Day Notice.
    Burden Statement: Provisions of CFTC Regulations 45.2, 45.3, 45.4,
45.5, 45.6, 45.7, and 45.14 result in information collection
requirements within the meaning of the PRA. With respect to the ongoing
reporting and recordkeeping burdens associated with swaps, the CFTC
believes that swap dealers (``SDs''), major swap participants
(``MSPs''), and non-SD/MSP counterparties incur an annual time-burden
of 2,279,312 hours. This time-burden represents a proportion of the
burden respondents incur to operate and maintain their swap data
recordkeeping and reporting systems. The respondent burden for this
collection is estimated to be as follows:
    Estimated Number of Respondents: 1,732.
    Estimated Average Burden Hours per Respondent: 1,316.
    Estimated Total Annual Burden Hours: 2,279,312 hours.
    Frequency of Collection: Ongoing.
    There are no capital costs or operating and maintenance costs
associated with this collection.

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

    Dated: December 18, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-27704 Filed 12-23-19; 8:45 am]