[Federal Register: June 4, 2003 (Volume 68, Number 107)]
[Page 33478-33479]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0019, Stocks of Grain in Licensed Warehouses

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: The Commodity futures Trading Commission (``the Commission'')
is announcing an opportunity for public comment on the proposed
collection of certain information by the agency. Under the Paperwork
Reduction Act of 1995 (PRA), 44 U.S.C. 3501 et seq., Federal agencies
are required to publish notice in the Federal Register concerning each
proposed collection of information, and to allow 60 days for comment in
response to the notice. This notice solicits comments on requirements
relating to information collected to assist the Commission in the
prevention of market manipulation.

[[Page 33479]]

DATES: Comments must be submitted on or before August 4, 2003.

ADDRESSES: Comments may be mailed to Judith E. Payne, Division Economic
Analysis, U.S. Commodity Futures Trading Commission, 1155 21st Street
NW., Washington, DC 20581.

FOR FURTHER INFORMATION CONTACT: Judith E. Payne, (202) 418-5268; FAX
(202) 418-5527; email: [email protected].
SUPPLEMENTARY INFORMATION: Under the PRA, 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(c) 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 Commission is publishing notice of the proposed
collection of information listed below.
    With respect to the following collection of information, the
Commission invites comments on:
    [sbull] 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;
    [sbull] 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;
    [sbull] Ways to enhance the quality of, usefulness, and clarity of
the information to be collected; and
    [sbull] Ways to minimize the burden of collection of information on
those who are to respond, including through the use of appropriate
electronic, mechanical, or other technological collection techniques or
other forms of information technology; e.g., permitting electronic
submission of responses.

Stocks of Grain in Licensed Warehouses, OMB Control No. 3038-0019--

    Under Commission Rule 1.44, 17 CFR 1.44, contract markets must
require operators of warehouses regular for delivery to keep records on
stocks of commodities and make reports on call by the Commission. The
rule is designed to assist the Commission in prevention of market
manipulation and is promulgated pursuant to the Commission's rulemaking
authority contained in section 5a of the Commodity Exchange Act, 7
U.S.C. 7a.
    The Commission estimates the burden of this collection of
information as follows:

                                                            Estimated Annual Reporting Burden
                                                   Annual number                                         Total annual      Hours per
                 17 CFR section                    of respondents         Frequency of response           responses         response       Total hours
17 CFR 1.42 & 1.43..............................               3   Weekly............................             156              1.0              156

    There are no capital costs or operating and maintenance costs
associated with this collection.
    This estimate is based on the number of exchanges providing such
weekly data to the Commission and the number of elevator operators from
which the exchanges collect the data.

    Dated: May 29, 2003.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 03-13984 Filed 6-3-03; 8:45 am]