2025-08155
[Federal Register Volume 90, Number 89 (Friday, May 9, 2025)]
[Notices]
[Pages 19686-19687]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-08155]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Notice of Intent To
Extend Collection 3038-0061: Daily Trade and Supporting Data Reports
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: The Commodity Futures Trading Commission (CFTC or Commission)
is announcing an opportunity for public comment on the proposed renewal
of a 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 proposed extension of an existing collection of
information, and to allow 60 days for public comment. This notice
solicits comments on the daily trade and supporting data reports that
are submitted to CFTC related to reporting requirements on Reporting
Markets, including Designated Contract Markets.
DATES: Comments must be submitted on or before July 8, 2025.
ADDRESSES: You may submit comments, identified by ``OMB Control No.
3038-0061,'' by any of the following methods:
The Agency's website, at https://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: Owen Kopon, Associate Director,
Division of Market Oversight, Commodity Futures Trading Commission,
(202) 418-5360; email: [email protected].
[[Page 19687]]
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 proposed extension of the existing 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: Regulation 16.02--Daily Trade and Supporting Data Reports
(OMB Control No. 3038-0061). This is a request for extension of a
currently approved information collection.
Abstract: Commission Rule 16.02 requires Reporting Markets to
report transaction-level trade data and related order information for
each executed transaction. The Commission uses the transaction-level
trade data and related order information to discharge its regulatory
responsibilities, including the responsibilities to prevent market
manipulations and commodity price distortions and ensure the financial
integrity of its jurisdictional markets.
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
use;
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
https://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\
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\1\ 17 CFR 145.9.
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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 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 estimates that up to 20 Reporting
Markets could provide daily trade and supporting data reports to the
Commission in the future. The CFTC believes that Reporting Markets
incur an average burden of two hours to compile and submit each report
made pursuant to Commission Rule 16.02. Reporting Markets submit an
average of 250 reports annually. The estimated total annual time-burden
for all Reporting Markets is 10,000 hours. The respondent burden for
this collection is estimated to be as follows:
Estimated Number of Respondents: 20.
Estimated Average Burden Hours per Respondent: 500 hours.
Estimated Total Annual Burden Hours: 10,000 hours.
Frequency of Collection: Daily.
There are no capital costs or operating and maintenance costs
associated with this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: May 6, 2025.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2025-08155 Filed 5-8-25; 8:45 am]
BILLING CODE 6351-01-P