2022-01810
[Federal Register Volume 87, Number 20 (Monday, January 31, 2022)]
[Notices]
[Pages 4870-4871]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01810]
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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 of 1995
(``PRA''), this notice announces that the Information Collection
Request (``ICR'') abstracted below has been forwarded to the Office of
Information and Regulatory Affairs (``OIRA''), of 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 March 2, 2022.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be submitted within 30 days of this
notice's publication to OIRA, at https://www.reginfo.gov/public/do/PRAMain. Please find this particular information collection by
selecting ``Currently under 30-day Review--Open for Public Comments''
or by using the website's search function. Comments can be entered
electronically by clicking on the ``comment'' button next to the
information collection on the ``OIRA Information Collections Under
Review'' page, or the ``View ICR--Agency Submission'' page. A copy of
the supporting statement for the collection of information discussed
herein may be obtained by visiting https://www.reginfo.gov/public/do/PRAMain.
In addition to the submission of comments to https://Reginfo.gov as
indicated above, a copy of all comments submitted to OIRA may also be
submitted to the Commodity Futures Trading Commission (the
``Commission'' or ``CFTC'') by clicking on the ``Submit Comment'' box
next to the descriptive entry for OMB Control No. 3038-0074, at https:/
/
[[Page 4871]]
comments.cftc.gov/FederalRegister/PublicInfo.aspx
Or by either of the following methods:
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.
All comments must be submitted in English, or if not, accompanied
by an English translation. Comments submitted to the Commission should
include 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 https://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: Duane Andresen, Associate Director,
Division of Market Oversight, Commodity Futures Trading Commission,
(202) 418-5492; email: [email protected], and refer to OMB Control No.
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3038-0074.
SUPPLEMENTARY INFORMATION:
Title: Core Principles and Other Requirements for Swap Execution
Facilities (OMB Control No. 3038-0074). This is a request for an
extension of a currently approved information collection.
Abstract: Title VII of the Dodd-Frank Wall Street Reform and
Consumer Protection Act (``Dodd-Frank Act'') added new section 5h to
the Commodity Exchange Act (``CEA'') to impose requirements concerning
the registration and operation of swap execution facilities (``SEFs''),
which the Commission has incorporated in Part 37 of its regulations as
well as other Parts of the Commission's regulations. The information
collections under this Control Number are necessary for the Commission
to evaluate whether SEFs, or entities applying to become SEFs, comply
with the CEA's statutory core principle requirements and part 37 of the
Commission regulations.
The final rule, 86 FR 9224 (Feb. 11, 2021), provides relief from
certain Part 37 requirements that SEFs found in practice to be
operationally unworkable or unnecessarily burdensome. The Commission
revised information collection number 3038-0074 to reflect the adoption
of amendments to Part 37 of its regulations, but does not believe the
amended regulations, as adopted, would impose any other new collections
of information that require approval of OMB under the PRA.
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. On November 2, 2021, the Commission
published in the Federal Register notice of the proposed extension of
this information collection and provided 60 days for public comment on
the proposed extension, 86 FR 60448 (``60-Day Notice'') The Commission
did not receive any relevant comments on the 60-Day Notice.
Burden Statement: The Commission is revising its burden estimate
for this collection, Core Principles and Other Requirements for Swap
Execution Facilities (OMB Control No. 3038-0074). The respondent burden
for this collection is estimated to be as follows:
Estimated Number of Respondents: 20.
Estimated Average Burden Hours per Respondent: 387 hours.
Estimated Total Annual Burden Hours: 7,740 hours.
Frequency of Collection: Once (annually).
There are no capital costs or operating and maintenance costs
associated with this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: January 25, 2022.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2022-01810 Filed 1-28-22; 8:45 am]
BILLING CODE 6351-01-P