2017-22608
Federal Register, Volume 82 Issue 200 (Wednesday, October 18, 2017)
[Federal Register Volume 82, Number 200 (Wednesday, October 18, 2017)]
[Notices]
[Pages 48496-48497]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-22608]
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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 (``PRA''), 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.
DATES: Comments must be submitted on or before November 17, 2017.
ADDRESSES: Comments regarding the burden estimate or any other aspect
of the information collection, including suggestions for reducing the
burden, may be submitted directly to the Office of Information and
Regulatory Affairs (``OIRA'') in OMB within 30 days of this notice's
publication by either of the following methods. Please identify the
comments by ``OMB Control No. 3038-0059.''
By email addressed to: [email protected]; or
By mail addressed to: the Office of Information and
Regulatory Affairs, Office of Management and Budget, Attention Desk
Officer for the Commodity Futures Trading Commission, 725 17th Street
NW., Washington, DC 20503.
A copy of all comments submitted to OIRA should be sent to the
Commodity Futures Trading Commission (``CFTC'' or ``Commission'') by
either of the following methods. The copies should refer to ``OMB
Control No. 3038-0059.''
By submission through the Commission's Web site: http://comments.cftc.gov. Please follow the instructions for submitting
comments through the Web site;
By mail addressed to: Christopher Kirkpatrick, Secretary
of the Commission, Commodity Futures Trading Commission, Three
Lafayette Centre, 1155 21st Street NW., Washington, DC 20581; or
[[Page 48497]]
By hand delivery/courier to: The address listed above for
submission by mail.
A copy of the supporting statements for the collection of
information discussed herein may be obtained by visiting http://RegInfo.gov.
All comments must be submitted in English, or if not, accompanied
by an English translation. Comments 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 the Commission to consider
information that you believe is exempt from disclosure under the
Freedom of Information Act, a petition for confidential treatment of
the exempt information may be submitted according to the procedures
established in Sec. 145.9 of the Commission's regulations.\1\ The
Commission reserves the right, but shall have no obligation, to review,
pre-screen, filter, redact, refuse or remove any or all of your
submission from http://www.cftc.gov that it may deem to be
inappropriate for publication, such as obscene language. All
submissions that have been redacted or removed that contain comments on
the merits of the ICR 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 accessible under the Freedom of
Information Act.
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\1\ 17 CFR 145.9.
FOR FURTHER INFORMATION CONTACT: David Steinberg, Commodity Futures
Trading Commission, phone: 202-418-5102, fax: 202-418-5527, email:
_____________________________________-
[email protected], and refer to OMB Control No. 3038-0059.
SUPPLEMENTARY INFORMATION:
Title: Part 41 Relating to Security Futures Products (OMB Control
No. 3038-0059). This is a request for extension of a currently approved
information collection.
Abstract: Section 4d(c) of the Commodity Exchange Act (``CEA''), 7
U.S.C. 6d(c), requires the CFTC to consult with the Securities and
Exchange Commission (``SEC'') and issue such rules, regulations, or
orders as are necessary to avoid duplicative or conflicting regulations
applicable to firms that are fully registered with the SEC as brokers
or dealers and the CFTC as futures commission merchants involving
provisions of the CEA that pertain to the treatment of customer funds.
The CFTC, jointly with the SEC, issued regulations requiring such
dually-registered firms to make choices as to how its customers'
transactions in security futures products will be treated, either as
securities transactions held in a securities account or as futures
transactions held in a futures account. How an account is treated is
important in the unlikely event of the insolvency of the firm. Only
securities accounts receive insurance protection under provisions of
the Securities Investor Protection Act. By contrast, only futures
accounts are subject to the protections provided by the segregation
requirements of the CEA.
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 August 4, 2017 (82 FR 36384). The Commission did not
receive any comments specifically addressing the 60-Day Notice.
Burden Statement: The respondent burden for this collection is
estimated to average 1.57 hours per response. These estimates include
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.
Respondents/Affected Entities: 44.
Estimated number of responses: 943.
Estimated total annual burden on respondents: 1,482 hours.
Frequency of collection: On occasion.
There are no capital costs or operating and maintenance costs
associated with this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: October 13, 2017.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2017-22608 Filed 10-17-17; 8:45 am]
BILLING CODE 6351-01-P
Last Updated: October 18, 2017