[Federal Register: January 21, 2009 (Volume 74, Number 12)]
[Notices]
[Page 3572-3573]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21ja09-58]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
ACTION: Extension of an Existing Collection--3038-0007.
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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 February 20, 2009.
FOR FURTHER INFORMATION OR A COPY CONTACT: William Penner, Division of
Clearing and Intermediary Oversight, U.S. Commodity Futures Trading
Commission, 1155 21st Street, NW., Washington, DC 20581, (202) 418-
5407; Fax: (202) 418-5536; e-mail: [email protected] and refer to OMB
Control No. 3038-0007.
SUPPLEMENTARY INFORMATION:
Title: Rules Relating to Regulation of Domestic Exchange-Traded
Options (OMB Control No. 3038-0007). This is a request for extension of
a currently approved information collection.
Abstract: Rules Relating to 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
[[Page 3573]]
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.
The rules also contain procedures for contract market designation and
product review and approval. These rules are promulgated pursuant to
the Commission's rulemaking authority contained in sections 2, 3, 4,
4c, 4d, 4f, 5, and 8(a)(5) of the Act, 7 U.S.C. 2, 5, 6, 6c, 6d, 6f, 7,
and 12(a)(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 November 12, 2008 (73 FR 66846).
Burden statement: The respondent burden for this collection is
estimated to average .10 hours per response.
Respondents/Affected Entities: 413.
Estimated number of responses: 20,376.
Estimated total annual burden on respondents: 7,885 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.
William Penner, Division of Clearing and Intermediary Oversight,
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: January 12, 2009.
David A. Stawick,
Secretary of the Commission.
[FR Doc. E9-1146 Filed 1-16-09; 8:45 am]
BILLING CODE 6351-01-P
Last Updated: January 30, 2009