Federal Register, Volume 85 Issue 47 (Tuesday, March 10, 2020) 
[Federal Register Volume 85, Number 47 (Tuesday, March 10, 2020)]
[Pages 13876-13877]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04817]



Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0093, Part 40, Provisions Common to Registered

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: The Commodity Futures Trading Commission (``Commission'' or
``CFTC'') is announcing an opportunity for public comment on the

[[Page 13877]]

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, and to allow 60 days for public comment. This notice
solicits comments on collections of information provided for by Part 40
of the Commission's regulations, Provisions Common to Registered

DATES: Comments must be submitted on or before May 11, 2020.

ADDRESSES: You may submit comments, identified by OMB Control No. 3038-
0093 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 and identify that
it is for the renewal of Collection Number 3038-0093.
    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.

FOR FURTHER INFORMATION CONTACT: Jeanette Curtis, Special Counsel,
Division of Market Oversight, Commodity Futures Trading Commission,
(202) 418-5092; email: [email protected], or Philip Raimondi, Special
Counsel, Division of Market Oversight, Commodity Futures Trading
Commission, (202) 418-5717; 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. 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: Part 40, Provisions Common to Registered Entities (OMB
Control No. 3038-0093). This is a request for extension of a currently
approved information collection.
    Abstract: This collection of information involves the collection
and submission to the Commission of information from registered
entities concerning new products, rules, and rule amendments pursuant
to the procedures outlined in Sec. Sec.  40.2, 40.3, 40.5, 40.6, and
40.10 found in 17 CFR part 40.
    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.
    Burden Statement: Registered entities must comply with
certification and approval requirements which include an explanation
and analysis when seeking to implement new products, rules, and rule
amendments, including changes to product terms and conditions. The
Commission's regulations Sec. Sec.  40.2, 40.3, 40.5, 40.6 and 40.10
provide procedures for the submission of rules and rule amendments by
designated contract markets, swap execution facilities, derivatives
clearing organizations, and swap data repositories. They establish the
procedures for submitting the ``written certification'' required by
Section 5c of the Act. In connection with a product or rule
certification, the registered entity must provide a concise explanation
and analysis of the submission and its compliance with statutory
provisions of the Act. Accordingly, new rules or rule amendments must
be accompanied by concise explanations and analyses of the purposes,
operations, and effects of the submissions. This information may be
submitted as part of the same submission containing the required
``written certification.'' The Commission estimates the average burden
of this collection of information as follows:
     Rules 40.2, 40.3, 40.5, and 40.6
    Estimated Number of Respondents: 70.
    Annual Responses by each Respondent: 100.
    Estimated Hours per Response: 2.
    Estimated Total Hours per Year: 14,000.
     Rule 40.10
    Estimated Number of Respondents: 3.
    Annual Responses by each Respondent: 2.
    Estimated Hours per Response: 5.
    Estimated Total Hours per Year: 30.

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

    Dated: March 5, 2020.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2020-04817 Filed 3-9-20; 8:45 am]