FR Doc E8-27345[Federal Register: November 18, 2008 (Volume 73, Number 223)]
[Notices]
[Page 68421-68422]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18no08-77]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0052, Establishing Procedures for Designated
Contract Markets and Applicants Seeking Designation, Comment Request
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 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 the expected costs and burden; it
includes the actual data collection instruments [if any].
DATES: Comments must be submitted on or before December 18, 2008.
FOR FURTHER INFORMATION OR A COPY, CONTACT: Riva Spear Adriance,
Division Of Market Oversight, U.S. Commodity Futures Trading
Commission, 1155 21st Street, NW., Washington, DC 20581, (202) 418-
5494; Fax: (202) 418-5527; e-mail: [email protected] and refer to OMB
Control No. 3038-0052.
SUPPLEMENTARY INFORMATION:
Title: Part 38--Designated Contract Markets, OMB Control No. 3038-
0052. This is a request for extension of a currently approved
information collection.
Abstract: Designated contract markets are fully regulated commodity
futures and options exchanges. Such markets, prior to registration and
on an ongoing basis, must demonstrate compliance with the criteria for
designation (set forth in Section 5(b) of the Commodity Exchange Act, 7
U.S.C. 7(b)), the core principles for operation (set forth in Section
5(d) of the Act, 7 U.S.C. 7(d)), and the provisions of Part 38 of the
Commission's regulations, 17 CFR Part 38. Part 38 of the Commission's
regulations governs the activities of designated contract markets. The
information collected thereunder is necessary for the Commission to
evaluate whether entities operating as, or applying to become,
designated contract markets are in compliance with the designation
criteria and the core principles delineated in the Act and the
Commission's regulations adopted thereunder. Appendix A to Part 38
provides guidance to applicants on how the specific conditions for
initial designation may be met by an applicant. Appendix B to Part 38
provides guidance to applicants on how designated contract markets can
remain in compliance with the core principles.
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
Commission's regulations were initially 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 September 12, 2008 (73 FR 52959). No
comments were received in response to this publication.
The Commission estimates the burden of this collection of
information as follows:
[[Page 68422]]
Estimated Annual Reporting Burden
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Estimated
Estimated Reports Total annual average number Annual
Report number of annually by responses of hours per reporting
respondents each response burden
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Designation and Compliance......................................... 13 NA NA 300 3900
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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 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.
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.
3038-0052 in any correspondence.
Riva Spear Adriance, Division Of Market Oversight, U.S. Commodity
Futures Trading Commission, 1155 21st Street, NW., Washington, DC
20581, (202) 418-5494; Fax: (202) 418-5527; e-mail: [email protected],
and Office of Information and Regulatory Affairs, Office of Management
and Budget, Attention: Desk Officer for CFTC, 725 17th Street, NW.,
Washington, DC 20503.
Dated: November 13, 2008.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E8-27345 Filed 11-17-08; 8:45 am]
BILLING CODE 6351-01-P
Last Updated: November 18, 2008