[Federal Register: June 16, 2004 (Volume 69, Number 115)]
[Page 33632-33633]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



Agency Information Collection Activities Under OMB Review: Notice
of Intent To Renew Collection 3038-0023, Registration Under the
Commodity Exchange Act

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.


SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501
et seq.), 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 July 16, 2004.

of Clearing and Intermediary Oversight, CFTC, (202) 418-5439; fax:
(202) 418-5547; e-mail: [email protected] and refer to OMB Control No.

    Title: Notice of Registration as a Futures Commission Merchant or
Introducing Broker for Certain Securities Brokers and Dealers, (OMB
Control No. 3038-0023). This is a request for revision and extension of
a currently approved information collection.
    Abstract: The Commodity Exchange Act (Act) authorizes the
Commission to deny, revoke or condition registration under the Act if
an applicant or registrant is subject to various statutory
disqualifications from registration, such as a prior registration
revocation or conviction of a felony or certain misdemeanors. The
registration application, which must be updated as necessary, requires
information about an applicant's or registrant's disciplinary history
so that the person's fitness for registration may be evaluated. In
addition, basic identifying information is required so that a database
will be available to current and prospective customers, the public and
the news media.
    The information on registration applications is used to develop a
database known as BASIC (Background Affiliation Status Information
Center), which is Internet-accessible and consulted frequently by
customers, prospective customers, the general public and the news media
to review data provided by applicants and registrants and to compare it

[[Page 33633]]

information provided by entities making solicitations.
    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. The OMB control numbers for the
CFTC's regulations were published on December 30, 1981. See 46 FR 63035
(Dec. 30, 1981). The Federal Register notice with a 60-day comment
period soliciting comments on this collection of information was
published on April 30, 2004 (69 FR 23732).
    Burden statement: The respondent burden for this collection is
estimated to average .09 hours per response. These estimates include
the time needed to review instructions; develop, acquire, install, and
utilize technology and systems for the purposes of collecting,
validating, and verifying information, processing and maintaining
information and disclosing and providing information; adjust the
existing ways to comply with any previously applicable instructions and
requirements; train personnel to be able to respond to a collection of
information; and transmit or otherwise disclose the information.
    Respondents/Affected Entities: Futures Commission Merchants,
Introducing Brokers, Commodity Trading Advisors, Associated Persons of
each of the foregoing, and Floor Brokers and Floor Traders.
    Estimated number of respondents: 78,215.
    Estimated total annual burden on respondents: .09 hours.
    Frequency of collection: On occasion.
    Send comments regarding the burden estimated or any other aspect of
the information collection, including suggestions for reducing the
burden, to the addresses listed below. Please refer to OMB Control No.
3038-0023 in any correspondence.
    Lawrence B. Patent, Division of Clearing and Intermediary
Oversight, U.S. Commodity Futures Trading Commission, 1155 21st Street,
NW., Washington, DC 20581; and Office of Information and Regulatory
Affairs, Office of Management and Budget, Attention: Desk Officer for
CFTC, 725 17th Street, Washington, DC 20503.

    Dated: June 9, 2004.
Catherine D. Dixon,
Assistant Secretary of the Commission.
[FR Doc. 04-13545 Filed 6-15-04; 8:45 am]