[Federal Register: July 17, 2002 (Volume 67, Number 137)]
[Notices]
[Page 46958-46959]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17jy02-58]

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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 (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 its expected costs and burden; it
includes the actual data collection instruments [if any].

DATES: Comments must be submitted on or before August 16, 2002.

FOR FURTHER INFORMATION OR A COPY CONTACT: Lawrence B. Patent, Division
of Trading and Markets, U.S. Commodity Futures Trading Commission, 1155
21st Street, NW., Washington, DC 20581, (202) 418-5439; FAX: (202) 418-
5536; email: [email protected] and refer to OMB Control No. 3038-0021.

SUPPLEMENTARY INFORMATION:
    Title: Regulation of Domestic Exchange-Traded Options (OMB Control
No. 3038-0007). This is a request for extension of a currently approved
information collection.
    Abstract: Regulation of Domestic Exchange-Traded Options, OMB
Control No. 3038-0007--Extension
    The rules require futures commission merchants and introducing
brokers (1) to provide their customers with standard risk disclosure
statements concerning the risk of trading commodity interests; and (2)
to retain all promotional material and the source of authority for
information contained therein. The purpose of these rules is to ensure
that customers are advised of the risks of trading commodity interests
and to avoid fraud and misrepresentation.

[[Page 46959]]

These rules are promulgated pursuant to the Commission's rulemaking
authority contained in Sections 4a(a), 4i, and 8a(5) of the Act, 7
U.S.C. 6a(1), 6i, and 12a(5).
    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 Federal Register notice with a 60-day comment
period soliciting comments on this collection of information was
published on June 27, 2002 (67 FR 43285).
    Burden statement: The respondent burden for this collection is
estimated to average .39 hours per response.
    Respondents/Affected Entities: 415.
    Estimated number of responses: 20,380.
    Estimated total annual burden on respondents: 7,985 hours.
    Frequency of collection: On occasion.
    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.
3038-0007 in any correspondence.
    Lawrence B. Patent, Division of Trading and Markets, Commodity
Futures Trading Commission, 1155 21st Street, NW., Washington, DC 20581
and Office of Information and Regulatory Affairs, Office of Management
and Budget, Attention: Desk Officer for CFTC, 725 17th Street,
Washington, DC 20503.

    Dated: July 11, 2002.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 02-17976 Filed 7-16-02; 8:45 am]
BILLING CODE 6351-01-M