[Federal Register Volume 87, Number 20 (Monday, January 31, 2022)]
[Pages 4870-4871]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01810]



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 
Information and Regulatory Affairs (``OIRA''), of 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 March 2, 2022.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be submitted within 30 days of this 
notice's publication to OIRA, at https://www.reginfo.gov/public/do/PRAMain. Please find this particular information collection by 
selecting ``Currently under 30-day Review--Open for Public Comments'' 
or by using the website's search function. Comments can be entered 
electronically by clicking on the ``comment'' button next to the 
information collection on the ``OIRA Information Collections Under 
Review'' page, or the ``View ICR--Agency Submission'' page. A copy of 
the supporting statement for the collection of information discussed 
herein may be obtained by visiting https://www.reginfo.gov/public/do/PRAMain.
    In addition to the submission of comments to https://Reginfo.gov as 
indicated above, a copy of all comments submitted to OIRA may also be 
submitted to the Commodity Futures Trading Commission (the 
``Commission'' or ``CFTC'') by clicking on the ``Submit Comment'' box 
next to the descriptive entry for OMB Control No. 3038-0074, at https:/

[[Page 4871]]

    Or by either of the following methods:
     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.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments submitted to the Commission should 
include 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 https://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.

FOR FURTHER INFORMATION CONTACT: Duane Andresen, Associate Director, 
Division of Market Oversight, Commodity Futures Trading Commission, 
(202) 418-5492; email: [email protected], and refer to OMB Control No. 

    Title: Core Principles and Other Requirements for Swap Execution 
Facilities (OMB Control No. 3038-0074). This is a request for an 
extension of a currently approved information collection.
    Abstract: Title VII of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act (``Dodd-Frank Act'') added new section 5h to 
the Commodity Exchange Act (``CEA'') to impose requirements concerning 
the registration and operation of swap execution facilities (``SEFs''), 
which the Commission has incorporated in Part 37 of its regulations as 
well as other Parts of the Commission's regulations. The information 
collections under this Control Number are necessary for the Commission 
to evaluate whether SEFs, or entities applying to become SEFs, comply 
with the CEA's statutory core principle requirements and part 37 of the 
Commission regulations.
    The final rule, 86 FR 9224 (Feb. 11, 2021), provides relief from 
certain Part 37 requirements that SEFs found in practice to be 
operationally unworkable or unnecessarily burdensome. The Commission 
revised information collection number 3038-0074 to reflect the adoption 
of amendments to Part 37 of its regulations, but does not believe the 
amended regulations, as adopted, would impose any other new collections 
of information that require approval of OMB under the PRA.
    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. On November 2, 2021, 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, 86 FR 60448 (``60-Day Notice'') The Commission 
did not receive any relevant comments on the 60-Day Notice.
    Burden Statement: The Commission is revising its burden estimate 
for this collection, Core Principles and Other Requirements for Swap 
Execution Facilities (OMB Control No. 3038-0074). The respondent burden 
for this collection is estimated to be as follows:
    Estimated Number of Respondents: 20.
    Estimated Average Burden Hours per Respondent: 387 hours.
    Estimated Total Annual Burden Hours: 7,740 hours.
    Frequency of Collection: Once (annually).
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: January 25, 2022.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2022-01810 Filed 1-28-22; 8:45 am]