[Federal Register: September 6, 2005 (Volume 70, Number 171)]
[Page 52996-52997]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



Agency Information Collection Activities Under OMB Review

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; it
includes the actual data collection instruments [if any].

DATES: Comments must be submitted on or before October 6, 2005.

Division of Clearing and Intermediary Oversight, U.S. Commodity Futures
Trading Commission, 1155 21st Street, NW., Washington, DC 20581, (202)
418-5439; FAX: (202) 418-5536; e-mail: [email protected] and refer to
OMB Control No. 3038-0007.

    Title: Rules Relating to Regulation of Domestic Exchange-Traded
Options (OMB Control No. 3038-0007). This is a request for extension of
a currently approved information collection.
    Abstract: Rules Relating to Regulation of Domestic Exchange-Trade
Options, OMB Control No. 3038-0007--Extension.
    The rules require futures commission merchants and introducing
brokers (1)

[[Page 52997]]

to provide their customers with standard risk disclosure statements
concerning the risk of trading commodity interests; and (2) to retain
all promotional material and the source of authority for information
contained therein. The purpose of these rules is to ensure that
customers are advised of the risks of trading commodity interests and
to avoid fraud and misrepresentation. These rules are promulgated
pursuant to the Commission's rulemaking authority contained in Sections
4a(a), 4i, and 8a(5) of the Act, 7 U.S.C. 6a(1), 6i, and 12a(5).
    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 June 27, 2005 (70 FR 36929).
    Burden statement: The respondent burden for this collection is
estimated to average .10 hours per response.
    Respondents/Affected Entities: 415.
    Estimated number of responses: 20,380.
    Estimated total annual burden on respondents: 7,985 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.
3038-0007 in any correspondence.
    Lawrence B. Patent, Division of Clearing and Intermediary
Oversight, 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: August 30, 2005.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 05-17604 Filed 9-2-05; 8:45 am]