60 day FRN

3038-0024-60-day FRN(2008)[1].pdf

Regulations and Forms Pertaining to Financial Integrity of the Market Place

60 day FRN

OMB: 3038-0024

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Federal Register / Vol. 73, No. 249 / Monday, December 29, 2008 / Notices

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities Under OMB Review
AGENCY: Notice of Intent to Renew
Currently Approved Collection: 3038–
0024.
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.
DATES: Comments must be submitted on
or before February 27, 2009.

dwashington3 on PROD1PC60 with NOTICES

FOR FURTHER INFORMATION OR A COPY
CONTACT: Mark H. Bretscher, Division

of
Clearing and Intermediary Oversight,
CFTC, (312) 596–0529; FAX: (312) 596–
0714; e-mail: [email protected] and
refer to OMB Control No. 3038–0024.
SUPPLEMENTARY INFORMATION:
Title: Regulations and Forms
Pertaining to the Financial Integrity of
the Marketplace (OMB Control No.
3038–0024). This is a request for
extension of a currently approved
information collection.
Abstract: The commodity futures
markets play a vital role in the
furthering of global commerce by
providing commercial users and
speculators with a price discovery
mechanism for the commodities traded
on such markets and by providing
commercial users of the markets with a
mechanism for hedging their goods and
services against price risks. The
Commodity Futures Trading
Commission is the independent federal
regulatory agency charged with
providing various forms of customer
protection so that users of the markets
can be assured of the financial integrity
of the markets and the intermediaries
that they employ in their trading
activities. Among the financial
safeguards the Commission has imposed
on commodity brokerages, technically
futures commission merchants (FCMs)
and introducing brokers (IBs), are
minimum capital standards and, for
FCMs, a requirement that they segregate
and separately account for the funds
they receive from their commodity
customers. In order to monitor
compliance with such financial
standards, the Commission has required
FCMs and IBs to file financial reports
with the Commission and with the selfregulatory organizations (SROs) of
which they are members. (See
Commission Rule 1.10, 17 CFR 1.10.)

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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).
Burden statement: The respondent
burden for this collection is estimated to
average .50 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:
Futures Commission Merchants,
Introducing Brokers.
Estimated Number of respondents:
2,078.
Estimated total annual burden or
respondents: 21,138.50 hours.
Frequency of collection: On occasion,
monthly, annually, semi-annually.
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. 3038–0024 in any
correspondence. Mark H. Bretscher,
Division of Clearing and Intermediary
Oversight, U.S. Commodity Futures
Trading Commission, 525 W. Monroe
Street, Suite 1100, Chicago, Illinois
60661 and Office of Information and
Regulatory Affairs, Office of
Management and Budget, Attention:
Desk Officer for CFTC, 725 17th Street,
Washington, DC 20503.
Dated: December 19, 2008.
David Stawick,
Secretary of the Commission.
[FR Doc. E8–30905 Filed 12–24–08; 8:45 am]
BILLING CODE 6351–01–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0048, Off-Exchange
Agricultural Trade Options
AGENCY: Commodity Futures Trading
Commission.
ACTION: Notice.

PO 00000

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SUMMARY: The Commodity Futures
Trading Commission (CFTC) is
announcing an opportunity for public
comment on the proposed collection of
certain information by the agency.
Under the Paperwork Reduction Act of
1995 (PRA), 44 U.S.C. 3501 et seq.,
Federal agencies are required to publish
notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of an existing collection of
information, and to allow 60 days for
public comment in response to the
notice. This notice solicits comments on
requirements relating to off-exchange
agricultural trade options.
DATES: Comments must be submitted on
or before February 27, 2009.
ADDRESSES: Comments may be mailed to
David Van Wagner, Division of Market
Oversight, U.S. Commodity Futures
Trading Commission, 1155 21st Street,
NW., Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT:
David Van Wagner, (202) 418–5481;
FAX: (202) 418–5527; e-mail:
[email protected].

Under the
PRA, Federal agencies must obtain
approval from the Office of Management
and Budget (OMB) for each collection of
information they conduct or sponsor.
‘‘Collection of information’’ is defined
in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) and includes agency requests
or requirements that members of the
public submit reports, keep records, or
provide information to a third party.
Section 3506(c)(2)(A) of the PRA, 44
U.S.C. 3506(c)(2)(A), requires Federal
agencies to provide a 60-day notice in
the Federal Register concerning each
proposed collection of information,
including each proposed extension of an
existing collection of information,
before submitting the collection to OMB
for approval. To comply with this
requirement, the CFTC is publishing
notice of the proposed collection of
information listed below.
With respect to the following
collection of information, the CFTC
invites comments on:
• Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Commission, including whether the
information will have a practical use;
• The accuracy of the Commission’s
estimate of the burden of the proposed
collection of information, including the
validity of the methodology and
assumptions used;
• Ways to enhance the quality,
usefulness, and clarity of the
information to be collected; and

SUPPLEMENTARY INFORMATION:

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File Typeapplication/pdf
File TitleDocument
SubjectExtracted Pages
AuthorU.S. Government Printing Office
File Modified2009-01-06
File Created2008-12-24

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