The Commodity Exchange Act requires
the registration of industry professionals, both foreign and
domestic. The rules also require a registrant to provide their
customers with a standard statement describing some of the risks of
trading futures and options. In the attached Federal Register
notice, the Commodity Futures Trading Commission is proposing to
adopt amendments to Commission Rules 30.5 and 30.6. The amendments
will revise the procedure by which persons may obtain an exemption
from registration under Rule 30.5 and will require CPOs and CTAs to
provide U.S. customers with certain disclosure.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.