Federal Register Notice

FR Notice.pdf

Regulation of Domestic Exchange-Traded Options

Federal Register Notice

OMB: 3038-0007

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Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices
membership terms for the Ecosystem
Sciences and Management Working
Group and (3) Update from the Research
and Development Portfolio Review Task
Force and discussion of next actions.
For the latest agenda, please visit the
SAB Web site at http://
www.sab.noaa.gov.
Dr.
Cynthia Decker, Executive Director,
Science Advisory Board, NOAA, Rm.
11230, 1315 East-West Highway Silver
Spring, Maryland 20910. (Phone: (301)
734–1156, Fax: (301) 713–1459, Email:
[email protected]).

FOR FURTHER INFORMATION CONTACT:

Dated: December 28, 2011.
Terry Bevels,
Acting Chief Financial Officer/Chief
Administrative Officer, Office of Oceanic and
Atmospheric Research, National Oceanic and
Atmospheric Administration.
[FR Doc. 2011–33774 Filed 1–4–12; 8:45 am]
BILLING CODE 3510–KD–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Rules Relating to Regulation
of Domestic Exchange-Traded Options
Commodity Futures Trading
Commission.
ACTION: Extension of an existing
collection.
AGENCY:

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

SUMMARY:

• 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
• Ways to minimize the burden of
collection of information on those who
are to respond, including through the
use of appropriate automated electronic,
mechanical, or other technological
collection techniques or other forms of
information technology; e.g., permitting
electronic submission of responses.

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
rules related to risk disclosure
concerning exchange traded commodity
options.
DATES: Comments must be submitted on
or before March 5, 2012.
ADDRESSES: Comments may be mailed to
William Penner, Division of Clearing
and Intermediary Oversight, U.S.
Commodity Futures Trading
Commission, 1155 21st Street NW.,
Washington, DC 20581.
FOR FURTHER INFORMATION CONTACT:
Ryne Miller, (202) 418–5921; Fax: (202)
418–5536; email: [email protected].
SUPPLEMENTARY INFORMATION: 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:

Rules Relating to Regulation of
Domestic Exchange-Traded Options,
OMB Control Number 3038–0007—
Extension
The rules require futures commission
merchants and introducing brokers: (1)
To provide their customers with
standard risk disclosure statements
concerning the risk of trading
commodity interests; and (2) to retain
all promotional material and the source
of authority for information contained
therein. The purpose of these rules is to
ensure that customers are advised of the
risks of trading commodity interests and
to avoid fraud and misrepresentation.
This information collection contains the
recordkeeping and reporting
requirements needed to ensure
regulatory compliance with Commission
rules relating to this issue.
The Commission estimates the burden
of this collection of information as
follows:

ESTIMATED ANNUAL REPORTING BURDEN
Estimated number
of respondents
or recordkeepers
per year

emcdonald on DSK5VPTVN1PROD with NOTICES

Regulation

Reporting:
38.3, 38.4, 40.2 and 40.3 (Procedure for designation or self-certification) ......................................
33.7—(Risk disclosure) ...................

13.00
120.00

Subtotal (Reporting requirements) ..................................

133.00

Recordkeeping:
33.8—(Retention of promotional
material) ......................................

170.00

Reports annually
by each
respondent

2.00
115.00

Total annual
responses

Estimated
average number
of hours
per response

26.00
13,800.00

25.00
0.08

13,826.00

1.00

170.00

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650
1,104.00
1,754.00

25.00

Subtotal (Recordkeeping requirements)

VerDate Mar<15>2010

Estimated
total number
of hours of annual
burden in fiscal
year

05JAN1

4,250.00

478

Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices
ESTIMATED ANNUAL REPORTING BURDEN—Continued
Estimated number
of respondents
or recordkeepers
per year

Regulation

Grand total (Reporting and
recordkeeping) .....................

303.00

There are no capital costs or operating
and maintenance costs associated with
this collection.
Dated: December 30, 2011.
Sauntia S. Warfield,
Assistant Secretary of the Commission.
[FR Doc. 2011–33841 Filed 1–4–12; 8:45 am]
BILLING CODE P

CONSUMER PRODUCT SAFETY
COMMISSION
Sunshine Act Meeting Notice
Wednesday, January 11,
2012; 10 a.m.–11 a.m.
PLACE: Hearing Room 420, Bethesda
Towers, 4330 East West Highway,
Bethesda, Maryland.
STATUS: Closed to the Public.
TIME AND DATE:

Matter To Be Considered
Compliance Status Report
The Commission staff will brief the
Commission on the status of compliance
matters.
For a recorded message containing the
latest agenda information, call (301)
504–7948.
FOR FURTHER INFORMATION CONTACT:
Todd A. Stevenson, Office of the
Secretary, U.S. Consumer Product
Safety Commission, 4330 East West
Highway, Bethesda, MD 20814, (301)
504–7923.
Dated: January 3, 2012.
Todd A Stevenson,
Secretary.
[FR Doc. 2012–64 Filed 1–3–12; 4:15 pm]
BILLING CODE 6355–01–P

CONSUMER PRODUCT SAFETY
COMMISSION
emcdonald on DSK5VPTVN1PROD with NOTICES

[Docket No. CPSC–2011–0087]

Petition Requesting Exception From
the Lead Content Limits; Reopening of
the Comment Period
U.S. Consumer Product Safety
Commission.
ACTION: Comment request.
AGENCY:

VerDate Mar<15>2010

14:51 Jan 04, 2012

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Reports annually
by each
respondent

Total annual
responses

13,996.00

The Consumer Product Safety
Commission (‘‘Commission’’ or ‘‘CPSC’’
or ‘‘we’’ or ‘‘us’’) has received a petition
requesting an exception from the 100
ppm lead content limit under section
101(b) of the Consumer Product Safety
Improvement Act of 2008 (‘‘CPSIA’’), as
amended by Public Law 112–28. We are
reopening the comment period for 30
days.
DATES: Submit comments by February 6,
2012.
ADDRESSES: You may submit comments,
identified by Docket No. CPSC–2011–
0087, by any of the following methods:
SUMMARY:

Electronic Submissions
Submit electronic comments in the
following way:
Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments.
To ensure timely processing of
comments, the Commission is no longer
accepting comments submitted by
electronic mail (email), except through:
http://www.regulations.gov.
Written Submissions
Submit written submissions in the
following way:
Mail/Hand delivery/Courier (for
paper, disk, or CD–ROM submissions),
preferably in five copies, to: Office of the
Secretary, U.S. Consumer Product
Safety Commission, Room 502, 4330
East West Highway, Bethesda, MD
20814; telephone (301) 504–7923.
Instructions: All submissions received
must include the agency name and
petition number for this rulemaking. All
comments received may be posted
without change, including any personal
identifiers, contact information, or other
personal information provided, to:
http://www.regulations.gov. Do not
submit confidential business
information, trade secret information, or
other sensitive or protected information
electronically. Such information should
be submitted in writing.
Docket: For access to the docket to
read background documents or
comments received, go to: http://www.
regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Kristina Hatlelid, Ph.D., M.P.H.,

PO 00000

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Estimated
average number
of hours
per response

Fmt 4703

Sfmt 4703

Estimated
total number
of hours of annual
burden in fiscal
year
6,004.00

Directorate for Health Sciences,
Consumer Product Safety Commission,
4330 East West Highway, Bethesda, MD
20814; email: [email protected].
SUPPLEMENTARY INFORMATION: Under
section 101(a) of the CPSIA, consumer
products designed or intended primarily
for children 12 years old and younger
that contain lead content in excess of
100 ppm manufactured after August 12,
2011, are considered to be banned
hazardous substances under the Federal
Hazardous Substances Act (‘‘FHSA’’).
Section 101(b)(1) of the CPSIA
provides for a functional purpose
exception from lead content limits
under certain circumstances. The
exception allows us, on our own
initiative, or upon petition by an
interested party, to exclude a specific
product, class of product, material, or
component part from the lead limits
established for children’s products
under the CPSIA if, after notice and a
hearing, we determine that: (i) The
product, class of product, material, or
component part requires the inclusion
of lead because it is not practicable or
not technologically feasible to
manufacture such product, class of
product, material, or component part, as
the case may be, in accordance with
section 101(a) of the CPSIA by removing
the excessive lead or by making the lead
inaccessible; (ii) the product, class of
product, material, or component part is
not likely to be placed in the mouth or
ingested, taking into account normal
and reasonably foreseeable use and
abuse of such product, class of product,
material, or component part by a child;
and (iii) an exception for the product,
class of product, material, or component
part will have no measurable adverse
effect on public health or safety, taking
into account normal and reasonably
foreseeable use and abuse. Under
section 101(b)(1)(B) of the CPSIA, there
is no measurable adverse effect on
public health or safety if the exception
will result in no measurable increase in
blood lead levels of a child. Given the
highly technical nature of the
information sought, including data on
the lead content of the product and test
methods used to obtain those data, we
believe that the notice and solicitation

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