2015-26421
Federal Register, Volume 80 Issue 201 (Monday, October 19, 2015)
[Federal Register Volume 80, Number 201 (Monday, October 19, 2015)]
[Notices]
[Pages 63202-63203]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-26421]
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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 November 18, 2015.
ADDRESSES: Comments regarding the burden estimated or any other aspect
of the information collection, including suggestions for reducing the
burden, may be submitted directly to the Office of Information and
Regulatory Affairs (``OIRA'') in OMB, within 30 days of the notice's
publication, by email at [email protected]. Please identify
the comments by OMB Control No. 3038-0079. Please provide the
Commission with a copy of all submitted comments at the address listed
below. Please refer to OMB Reference No. 3038-0079, 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 to the
[[Page 63203]]
Commission through the Agency's Web site at http://comments.cftc.gov.
Follow the instructions for submitting comments through the Web site.
Comments may also be mailed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW., Washington, DC 20581 or by Hand
Deliver/Courier at the same address.
A copy of the supporting statements for the collection of
information discussed above may be obtained by visiting http://reginfo.gov. 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.
FOR FURTHER INFORMATION CONTACT: Jacob Chachkin, Special Counsel,
Division of Swap Dealer and Intermediary Oversight, Commodity Futures
Trading Commission, (202) 418-5496, email: [email protected], and
refer to OMB Control No. 3038-0079.
SUPPLEMENTARY INFORMATION:
Title: Conflict of Interest Policies and Procedures by Swap Dealers
and Major Swap Participants (OMB Control No. 3038-0079). This is a
request for an extension of a currently approved information
collection.
Abstract: On April 3, 2012, the Commission adopted Commission
regulation 23.605 (Conflicts of interest policies and procedures) under
section 4s(j)(5) \1\ of the Commodity Exchange Act (``CEA'').
Commission regulation 23.605 requires, among other things, that swap
dealers (``SD'') \2\ and major swap participants (``MSP'') \3\ adopt
and implement conflicts of interest procedures and disclosures,
establish written policies and procedures reasonably designed to ensure
compliance with the conflicts of interest and disclosure obligations
within the regulations, and maintain specified records related to those
requirements.\4\ The Commission believes that the information
collection obligations imposed by Commission regulation 23.605 are
essential to ensuring that SDs and MSPs develop and maintain the
conflicts of interest systems, procedures and disclosures required by
the CEA and Commission regulations, and to the effective evaluation of
these registrants' actual compliance with the CEA and Commission
regulations.
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\1\ 7 U.S.C. 6s(j)(5).
\2\ For the definition of SD, see section 1a(49) of the CEA and
Commission regulation 1.3(ggg). 7 U.S.C. 1a(49) and 17 CFR 1.3(ggg).
\3\ For the definitions of MSP, see section 1a(33) of the CEA
and Commission regulation 1.3(hhh). 7 U.S.C. 1a(33) and 17 CFR
1.3(hhh).
\4\ See 17 CFR 23.605.
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Burden Statement: The respondent burden for this collection is
estimated to be as follows:
Number of Registrants: 125.
Estimated Average Burden Hours Per Registrant: 44.5.
Estimated Aggregate Burden Hours: 5,562.5.
Frequency of Recordkeeping/Third-party Disclosure: As applicable.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: October 13, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-26421 Filed 10-16-15; 8:45 am]
BILLING CODE 3651-01-P