2023-20904
[Federal Register Volume 88, Number 185 (Tuesday, September 26, 2023)]
[Notices]
[Pages 65972-65973]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-20904]
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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 October 26, 2023.
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
[[Page 65973]]
``Commission'' or ``CFTC'') by clicking on the ``Submit Comment'' box
next to the descriptive entry for OMB Control No. 3038-0097, at https://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: Daniel O'Connell, Special Counsel,
Division of Clearing and Risk, Commodity Futures Trading Commission,
(202) 418-5583; email: [email protected], and refer to OMB Control No.
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3038-0097.
SUPPLEMENTARY INFORMATION:
Title: Process for Review of Swaps for Mandatory Clearing (OMB
Control No. 3038-0097). This is a request for extension of a currently
approved information collection.
Abstract: The Commodity Exchange Act and Commission regulations
require a derivatives clearing organization (DCO) that wishes to accept
a swap for clearing to be eligible to clear the swap and to submit the
swap to the Commission for a determination as to whether the swap is
required to be cleared. Commission Regulation 39.5 sets forth the
process for these submissions. The Commission will use the information
in this collection to determine whether a DCO that wishes to accept a
swap for clearing is eligible to clear the swap and whether the swap
should be required to be cleared. 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 June 28,
2023, 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, 88 FR 41932 (``60-Day
Notice''). The Commission did not receive any relevant comments that
addressed its PRA burden estimates.
Burden Statement: The respondent burden for this collection is
estimated to be as follows:
Estimated Number of Respondents: 15.
Estimated Average Burden Hours per Respondent: 40.
Estimated Total Annual Burden Hours: 600.
Frequency of Collection: On occasion. A DCO is only required to
make a one-time submission before it first accepts a swap for clearing.
There are no capital costs or operating and maintenance costs
associated with this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: September 21, 2023.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2023-20904 Filed 9-25-23; 8:45 am]
BILLING CODE 6351-01-P