[Federal Register: August 15, 2007 (Volume 72, Number 157)]
[Notices]
[Page 45759-45760]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr15au07-58]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Proposed Collection;
Comment Request: Proposed Collection; Comment Request: Rules Pertaining
to Contract Markets and Their Members
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501
et seq.), this notice announces that the CFTC is planning to submit the
following proposed Information Collection Request (ICR) to the Office
of Management and Budget (OMB): Rules Pertaining to Contract Markets
and Their Members; [OMB Control Number 3038-0022]. Before submitting
the ICR to OMB for review and approval, the CFTC is soliciting comments
on specific aspects of the proposed information collection as described
below.
DATES: Comments must be submitted on or before October 15, 2007.
ADDRESSES: Comments may be mailed to Riva Spear Adriance, Commodity
Futures Trading Commission, Division of Market Oversight, 202-418-5494,
fax 202-418-5527, e-mail [email protected]. Refer to OMB Control No.
3038-0022.
FOR FURTHER INFORMATION CONTACT: Riva Spear Adriance, 202-418-5494, fax
202-418-5527, e-mail [email protected].
SUPPLEMENTARY INFORMATION: Affected entities: Entities potentially
affected by this action are registered entities (designated contract
markets, registered derivatives transaction execution facilities and
registered derivatives clearing organizations) planning to implement
new rules and rule amendments by either seeking prior approval or (for
most rules) certifying to the Commission that such rules or rule
amendments do not violate the Act or Commission regulations. Rules
40.2, 40.3, 40.4, 40.5 and 40.6 implement these statutory provisions.
[[Page 45760]]
Title: Proposed Collection; Comment Request: Rules Pertaining to
Contract Markets and Their Members.
Abstract: Section 5c(c) of the Commodity Exchange Act, 7 U.S.C. 7a-
2(c), establishes procedures for registered entities (designated
contract markets, registered derivatives transaction execution
facilities and registered derivatives clearing organizations) to
implement new rules and rule amendments by either seeking prior
approval or (for most rules) certifying to the Commission that such
rules or rule amendments do not violate the Act or Commission
regulations. Rules 40.4, 40.5 and 40.6 implement these statutory
provisions.
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 Commission would like to solicit comments to:
Evaluate whether the proposed collection of information is
necessary for the proper performance of the functions of the
Commission, including whether the information will have a practical
use;
Evaluate the accuracy of the Commission's estimate of the
burden of the proposed collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, usefulness, and clarity of the
information to be collected; and
Minimize the burden of collection of 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.
Burden of Statement: The respondent burden for this collection is
estimated to average .83 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: 11,006.
Estimated number of responses: 13,118.
Estimated total Annual Burden on Respondents: 57 hours.
Frequency of Collection: On occasion.
Burden means the total time, effort, or financial resources
expended by persons to generate, maintain, retain, disclose or provide
information to or for a federal agency. This includes the time needed
to review instructions; develop, acquire, install, and utilize
technology and systems for the purpose 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.
Dated: August 9, 2007.
David A. Stawick,
Secretary of the Commission.
[FR Doc. 07-3979 Filed 8-14-07; 8:45 am]
BILLING CODE 6351-01-M
Last Updated: August 15, 2007