[Federal Register: September 24, 1998 (Volume 63, Number 185)]
[Page 51059]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



Public Information Collection Requirement

AGENCY: Commodity Futures Trading Commission.

ACTION: Off-Exchange Agricultural Trade Options.


SUMMARY: The Commodity Futures Trading Commission is planning to renew
information collection 3038-0048, Off-Exchange Agricultural Trade
Options, which is due to expire January 31, 1999. The Commission has
removed the prohibition on off-exchange trade options on the
agricultural commodities enumerated in the Commodity Exchange Act
pursuant to a three-year pilot program. This information collection
contains the recordkeeping and reporting requirements needed to ensure
regulatory compliance with Commission rules relating to this issue. In
compliance with the Paperwork Reduction Act of 1995, the Commission
solicits comments to:

    (1) evaluate whether the collection of information is necessary
for the proper performance of the functions of the agency, including
the validity of the methodology and assumptions used; (2) evaluate
the accuracy of the agency's estimate of the burden of the
collection of information including the validity of the methodology
and assumptions used; (3) enhance the quality, utility, and clarity
of the information to be collected; and (4) minimize the burden of
the collection of the 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.

DATES: Comments must be receive on or before [].

ADDRESSES: Persons wishing to comment on this information collection
should contact the CFTC Clearance Officer, 1155 21st Street NW,
Washington, DC 20581, (202) 418-5160.
    Title: Off-Exchange Agricultural Trade Options.
    Control Number: 3038-0048.
    Action: Extension.
    Respondents: Agricultural Trade Option Merchants.
    Estimated Annual Burden: 32,060.

                                                                         Estimated #                  Est. avg.
               Respondents                     Regulation (17 CFR)           of          Annual       hours per
                                                                         respondents    responses     response
ATMs.....................................  Parts 3 and 32.............        3,610         5,915        32,060

    Issued in Washington, D.C. on September 21, 1998.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 98-25620 Filed 9-23-98; 8:45 am]

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