[Federal Register: March 11, 2002 (Volume 67, Number 47)]
[Notices]
[Page 10895-10896]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr11mr02-50]

=======================================================================
-----------------------------------------------------------------------

COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To
Renew Collection 3038-0009, Large Trader Reports

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Community Futures Trading Commission (CFTC) is announcing
an opportunity for public comment on the proposed collection of certain
information by the agency. Under the Paperwork Reduction Act of 1995
(PRA), 44 U.S.C. 3501 et seq., Federal agencies are required to publish
notice in the Federal Register concerning each proposed collection of
information, including each proposed extension of an existing
collection of information, and to allow 60 days for public comment in
response to the notice. This notice solicits comments on large trader
reports.

DATES: Comments must be submitted on or before May 10, 2002.

ADDRESSES: Comments may be mailed to Judith E. Payne, Division of
Economic Analysis, U.S. Commodity Futures Trading Commission, 1155 21st
Street, NW, Washington, DC 20581.

FOR FURTHER INFORMATION CONTACT: Judith E. Payne, (202) 418-5268; FAX:
(202) 418-5527; e-mail: [email protected]

SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain
approval from the Office of Management and Budget (OMB) for each
collection of information they conduct or sponsor. ``Collection of
information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) and
includes agency requests or requirements that members of the public
submit reports, keep records, or provide information to a third party.
Section 3506(c)(2)(A) of the PRA, 44 U.S.C. 3506(c)(2)(A), requires
Federal agencies to provide a 60-day notice in the Federal Register
concerning each proposed collection of information, including each
proposed extension of an existing collection of information, before
submitting the collection to OMB for approval. To comply with this
requirement, the CFTC is publishing

[[Page 10896]]

notice of the proposed collection of information listed below.
    With respect to the following collection of information, the CFTC
invites comments on:
    � 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;
    � 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;
    � Ways to enhance the quality, usefulness, and clarity of
the information to be collected; and
    � Ways to 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.

Large Trader Reports, OMB control number 3038-0009--Extension

    Parts 15 through 21 of the Commission's regulations under the
Commodity Exchange Act (Act) require large trader reports from clearing
members, futures commission merchants, and foreign brokers and traders.
These rules are designed to provide the Commission with information to
effectively conduct its market surveillance program, which includes the
detection and prevention of price manipulation and enforcement of
speculative position limits.
    The Commission estimates the burden of this collection of
information as follows:

                                        Estimated Annual Reporting Burden
----------------------------------------------------------------------------------------------------------------
                                               Annual number     Total annual      Hours per
               17 CFR section                  of respondents     responses         response       Total hours
----------------------------------------------------------------------------------------------------------------
Parts 15-21.................................           4,731           69,392             0.35           24,435
----------------------------------------------------------------------------------------------------------------

    There are no capital costs or operating and maintenance costs
associated with this collection.

    Dated: March 5, 2002.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 02-5779 Filed 3-08-02; 8:45 am]
BILLING CODE 6351-01-M