2015-07468
Federal Register, Volume 80 Issue 62 (Wednesday, April 1, 2015)
[Federal Register Volume 80, Number 62 (Wednesday, April 1, 2015)]
[Notices]
[Pages 17413-17414]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07468]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act of 1995 (PRA),
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 May 1, 2015.
ADDRESSES: Comments may be submitted directly to OMB within 30 days of
the notice's publication, by email at [email protected].
Please identify comments by ``Swap Data Repositories; Registration and
Reporting Requirements (OMB Control No. 3038-0086).'' Please provide
the Commission with a copy of all submitted comments at the address
listed below. Please refer to OMB Reference No. 3038-0086, found on
http://reginfo.gov. Comments may also be mailed to the Office of
Information and Regulatory Affairs, Office of Management and Budget,
Attention: Desk Officer for the Commodity Futures Trading Commission,
725 17th Street NW., Washington, DC 20503, and Benjamin DeMaria,
Division of Market Oversight, U.S. Commodity Futures Trading
Commission, Three Lafayette Centre, 1155 21st Street NW., Washington,
DC 20581.
Comments may also be submitted, regarding the burden estimated or
any other aspect of the information collection, including suggestions
for reducing the burden, identified by ``Swap Data Repositories;
Registration and Reporting Requirements (OMB Control No. 3038-0086)'',
by any of the following methods:
Agency Web site, via its Comments Online process: http://comments.cftc.gov. Follow the instructions for submitting comments
through the Web site.
Mail: Send to 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.
Federal eRulemaking Portal: http://www.regulations.gov/.
Follow the instructions for submitting comments. Please submit your
comments to the Commission using only one of these methods.
All comments must be submitted in English, or if not, accompanied
by an English translation. Comments will be posted as received to
http://www.cftc.gov. You should submit only information that you wish
to make available publicly. If you wish the Commission to consider
information that 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 set forth in
section 145.9 of the Commission's regulations.\1\
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\1\ Commission regulations referred to herein are found at 17
CFR Ch. I. (2014).
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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 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
rulemaking 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.
FOR FURTHER INFORMATION CONTACT: Benjamin DeMaria, Division of Market
Oversight, U.S. Commodity Futures Trading Commission, Three Lafayette
Centre, 1155 21st Street NW., Washington, DC 20581; (202) 418-5988;
email: [email protected], and refer to OMB Control No. 3038-0086. This
contact can also provide a copy of the ICR.
SUPPLEMENTARY INFORMATION:
Title: ``Swap Data Repositories; Registration and Reporting
Requirements (OMB Control No. 3038-0086).'' This is a request for
renewal of a currently approved information collection.
Abstract: Section 728 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act, Public Law 111-203, 124 Stat. 1376 (2010),
specifically requires the CFTC to establish certain standards for the
governance, registration, and statutory duties applicable to Swap Data
Repositories (SDRs). The CFTC established these standards in part 49 of
the CFTC's regulations.
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 January 26, 2015 (80 FR 3956). No responsive comments have
been received.
Burden statement: The CFTC estimates that the total annual
respondent burden is:
Registration
Respondents/Affected Entities: Swap Data Repositories.
Estimated number of respondents: 6
Estimated burden per respondent: 400 hours initially, 45 hours
ongoing, 5 hours total for all respondents annually for deregistration.
Frequency of collection: Annual and occasional.
Total annual respondent burden: 2400 hours initially, 275 \2\ hours
ongoing.
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\2\ Five hours is being added here to the total annual ongoing
burden for registration that was not included in the 60-day notice
of the renewal for collection 3038-0086 (80 FR 3956, Jan. 26, 2015)
to reflect the estimate that one registered SDR may deregister every
two years. The burden to deregister is estimated at 10 hours per
deregistering entity. The total annual ongoing burden for all SDRs
for registration is now estimated to be 275 hours.
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[[Page 17414]]
Reporting
Respondents/Affected Entities: Swap Data Repositories.
Estimated number of respondents: 6.
Estimated burden per respondent: 40,725 hours initially; 15,325
hours ongoing.
Frequency of collection: Ongoing.
Total annual respondent burden: 244,350 hours initially; 91,950
hours ongoing.
Recordkeeping
Respondents/Affected Entities: Swap Data Repositories.
Estimated number of respondents: 6.
Estimated burden per respondent: 300 hours initially, 254 hours
ongoing.
Frequency of collection: Ongoing.
Total annual respondent burden: 1800 hours initially, 1524 hours
ongoing.
Disclosure
Respondents/Affected Entities: Swap Data Repositories.
Estimated number of respondents: 6.
Estimated burden per respondent: 100 hours initially, 1 hour
ongoing.
Frequency of collection: Occasional.
Total annual respondent burden: 600 hours initially, 6 hours
ongoing.
Authority: 44 U.S.C. 3501 et seq.
Dated: March 27, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015-07468 Filed 3-31-15; 8:45 am]
BILLING CODE 6351-01-P