2017-09318
Federal Register, Volume 82 Issue 88 (Tuesday, May 9, 2017)
[Federal Register Volume 82, Number 88 (Tuesday, May 9, 2017)]
[Proposed Rules]
[Pages 21494-21495]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09318]
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COMMODITY FUTURES TRADING COMMISSION
17 CFR Chapter I
RIN 3038-AE55
Project KISS
AGENCY: Commodity Futures Trading Commission.
ACTION: Request for Information.
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SUMMARY: In order to reduce regulatory burdens and costs in the markets
that the Commodity Futures Trading Commission (``Commission'' or
``CFTC'') oversees, the Commission is seeking suggestions from the
public about how the Commission's existing rules, regulations, or
practices could be applied in a simpler, less burdensome, and less
costly manner.
DATES: Suggestions must be received on or before September 30, 2017.
ADDRESSES: You may submit suggestions, identified by RIN number 3038-
AE55, by any of the following methods:
The agency's Web site, at http://comments.cftc.gov. Follow
the instructions for submitting a Project KISS suggestion through the
Public Comment Form.
Mail: 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.
Please submit your suggestions using only one method.
FOR FURTHER INFORMATION CONTACT: Michael Gill, Regulatory Reform
Officer, (202) 418-5713, [email protected], Commodity Futures Trading
Commission, Three Lafayette Centre, 1151 21st Street NW., Washington,
DC 20581; or [email protected].
SUPPLEMENTARY INFORMATION: On February 24, 2017, President Donald J.
Trump issued Executive Order 13777: Enforcing the Regulatory Reform
Agenda (``E.O. 13777''). E.O. 13777 directs federal agencies, among
other things, to designate a Regulatory Reform Officer and establish a
Regulatory Reform Task Force. Although the CFTC, as an independent
federal agency,\1\ is not bound by E.O. 13777, the Commission is
nevertheless commencing an agency-wide review of its rules,
regulations, and practices to make them simpler, less burdensome, and
less costly. This initiative is called Project KISS, which stands for
``Keep It Simple Stupid.'' \2\ In support of these efforts, the
Commission has approved the solicitation of suggestions from the public
regarding how the Commission's existing rules, regulations, or
practices could be applied in a simpler, less burdensome, and less
costly manner. The public may submit Project KISS suggestions through
the Public Comment Form on the Commission's Web site, at http://comments.cftc.gov.
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\1\ Independent federal agencies exist outside of the federal
executive departments headed by a Cabinet secretary and the
Executive Office of the President. See Humphrey's Executor v. United
States, 295 U.S. 602 (1935); 5 U.S.C. 104.
\2\ See Remarks of Acting Chairman J. Christopher Giancarlo
before the 42nd Annual International Futures Industry Conference in
Boca Raton, FL, Mar. 15, 2017, available at http://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo-20.
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The Commission is not asking the public to identify rules for
revocation, suspension, annulment, withdrawal, limitation, amendment,
modification, conditioning or repeal. The submission of a Project KISS
suggestion will not constitute a petition for issuance, amendment, or
repeal of a rule pursuant to Sec. 13.2 of the Commission's
regulations,\3\ nor will it constitute a request for an exemptive, no-
action, or interpretive letter pursuant to Sec. 140.99 of the
Commission's regulations.\4\ The Commission will treat Project KISS
suggestions like the Commission treats other correspondence that it
receives. Submission of a Project KISS suggestion may not result in
Commission action.
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\3\ 17 CFR 13.2.
\4\ 17 CFR 140.99.
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All suggestions must be submitted in English, or if not,
accompanied by an English translation. Suggestions 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 to submit
information that you believe is exempt from disclosure under the
Freedom of Information Act in your suggestion(s), please submit your
suggestion(s) via Mail or Hand Delivery/Courier and also submit a
petition for confidential treatment of the exempt information according
to the procedures established in Sec. 145.9 of the Commission's
regulations.\5\
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\5\ 17 CFR 145.9.
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[[Page 21495]]
The Commission reserves the right, but shall have no obligation, to
review, pre-screen, filter, redact, refuse or remove any or all of your
suggestion(s) from http://www.cftc.gov that it may deem to be
inappropriate for publication, such as a suggestion containing obscene
language. Any suggestions that contain comments on the merits of an
outstanding proposed rulemaking will be retained in the public comment
file for that rulemaking and considered as required under the
Administrative Procedure Act and other applicable laws. All suggestions
that have been redacted or removed that contain comments on the merits
of an outstanding proposed 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
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accessible under the Freedom of Information Act.
Issued in Washington, DC, on May 3, 2017, by the Commission.
Robert N. Sidman,
Deputy Secretary of the Commission.
Appendix to Project KISS--Commission Voting Summary
On this matter, Acting Chairman Giancarlo and Commissioner Bowen
voted in the affirmative. No Commissioner voted in the negative.
[FR Doc. 2017-09318 Filed 5-8-17; 8:45 am]
BILLING CODE 6351-01-P