PRA 3038-0086 Federal Register

PRA 3038-0086 Federal Register.pdf

Swap Data Repositories; Registration and Regulatory Requirements

PRA 3038-0086 Federal Register

OMB: 3038-0086

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Federal Register / Vol. 80, No. 16 / Monday, January 26, 2015 / Notices

agency. Under the Paperwork Reduction
Act (‘‘PRA’’), 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.
This notice solicits comments on
reporting requirements relating to
financial resource requirements for
derivatives clearing organizations.
DATES: Comments must be submitted on
or before March 27, 2015.
ADDRESSES: You may submit comments,
identified by ‘‘Risk Management
Requirements for Derivatives Clearing
Organizations,’’ by any of the following
methods:
• The Agency’s Web site, at http://
comments.cftc.gov. Follow the
instructions for submitting comments
through the Web site.
• 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.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments
through the Portal.
Please submit your comments using
only one method.
FOR FURTHER INFORMATION CONTACT:
Eileen Chotiner, Division of Clearing
and Risk, Commodity Futures Trading
Commission, Three Lafayette Centre,
1155 21st Street NW., Washington, DC
20581; (202) 418–5467; email:
[email protected], and refer to OMB
Control No. 3038–0076.
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
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 Commission is
publishing notice of the proposed

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extension of the collection of
information listed below.
Title: Risk Management Requirements
for Derivatives Clearing Organizations
(OMB Control No. 3038–0076). This is
a request for extension of a currently
approved information collection.
Abstract: Part 39 of the Commission’s
regulations establishes risk management
requirements for derivatives clearing
organizations (‘‘DCOs’’), which are
required to be registered with the
Commission. Part 39 also establishes
procedures for registration of DCOs. The
Commission will use the information in
this collection to assess compliance of
DCOs and DCO applicants with
requirements for DCOs prescribed in the
Commodity Exchange Act and
Commission regulations.
With respect to the 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
• 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.
All comments must be submitted in
English, or if not, accompanied by an
English translation. Comments will be
posted as received to http://
www.cftc.gov. You should submit 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 § 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 http://www.cftc.gov that it may
deem to be inappropriate for
publication, such as obscene language.
All submissions that have been redacted
1 17

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CFR 145.9.

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or removed that contain comments on
the merits of the Information Collection
Request (‘‘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.
Burden Statement: The respondent
burden for this collection is estimated to
be 10 hours per response.
Respondents/Affected Entities:
Derivatives clearing organizations and
applicants for registration as a
derivatives clearing organization.
Estimated number of respondents: 17.
Estimated total annual burden on
respondents: 1,903.
Frequency of collection: On occasion.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 20, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015–01183 Filed 1–23–15; 8:45 am]
BILLING CODE 6351–01–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0086, Swap Data
Repositories; Registration and
Regulatory Requirements
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:

The Commodity Futures
Trading Commission (‘‘Commission’’ or
‘‘CFTC’’) is announcing an opportunity
for public comment on the proposed
collection of certain information by the
agency. Under the Paperwork Reduction
Act (‘‘PRA’’), 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.
This notice solicits comments on
requirements relating to Swap Data
Repositories (‘‘SDRs’’), including initial
registration as an SDR, maintaining
registration as an SDR, swap data
reporting, and swap data recordkeeping.
DATES: Comments must be submitted on
or before March 27, 2015.
ADDRESSES: You may submit comments,
identified by ‘‘Renewal of Collection
Pertaining to Swap Data Repositories;
Registration and Reporting
Requirements’’ by any of the following
methods:
• The Agency’s Web site, at http://
comments.cftc.gov. Follow the
SUMMARY:

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emcdonald on DSK67QTVN1PROD with NOTICES

Federal Register / Vol. 80, No. 16 / Monday, January 26, 2015 / Notices
instructions for submitting comments
through the Web site.
• 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.
• Federal eRulemaking Portal: http://
www.regulations.gov. Follow the
instructions for submitting comments
through the Portal.
Please submit your comments using
only one method.
FOR FURTHER INFORMATION CONTACT:
Benjamin DeMaria, Division of Market
Oversight, Commodity Futures Trading
Commission, 1155 21st Street NW.,
Washington, DC 20581; (202) 418–5988;
email: [email protected], and refer to
OMB Control No. 3038–0086.
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
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
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.
Title: Swap Data Repositories;
Registration and Regulatory
Requirements (OMB Control No. 3038–
0086). This is a request for extension of
a currently approved information
collection.
Abstract: Section 728 of the DoddFrank Wall Street Reform and Consumer
Protection Act, Public Law 111–203,
124 Stat. 1376 (2010), specifically
requires the CFTC to establish certain
standards for the governance,
registration, and statutory duties
applicable to SDRs. The CFTC
established these standards in part 49 of
the CFTC’s regulations.
With respect to the 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;

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18:48 Jan 23, 2015

Jkt 235001

• 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.
All comments must be submitted in
English, or if not, accompanied by an
English translation. Comments will be
posted as received to http://
www.cftc.gov. You should submit 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 § 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 http://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 Information Collection
request (‘‘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.
Burden Statement: The CFTC
estimates that the total annual
respondent burden is:
Registration
Respondents/Affected Entities: Swap
Data Repositories.
Estimated number of respondents: 6.
Estimated burden per response: 400
hours initially, 45 hours ongoing.
Frequency of collection: Annual and
occasional.
Total annual respondent burden:
2,400 hours initially, 270 hours ongoing.
Reporting
Respondents/Affected Entities: Swap
Data Repositories.
Estimated number of respondents: 6.
Estimated burden per response:
40,725 hours initially, 15,325 hours
ongoing.
1

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Frequency of collection: Ongoing.
Total annual respondent burden:
244,350 hours initially, 91,950 hours
ongoing.
Recordkeeping
Respondents/Affected Entities: Swap
Data Repositories.
Estimated number of respondents: 6.
Estimated burden per response: 300
hours initially, 254 hours ongoing.
Frequency of collection: Ongoing.
Total annual respondent burden:
1,800 hours initially, 1,524 hours
ongoing.
Disclosure
Respondents/Affected Entities: Swap
Data Repositories.
Estimated number of respondents: 6.
Estimated burden per response: 100
hours initially, 1 hour ongoing.
Frequency of collection: Occasional.
Total annual respondent burden: 600
hours initially, 6 hours ongoing.
Authority: 44 U.S.C. 3501 et seq.
Dated: January 20, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015–01207 Filed 1–23–15; 8:45 am]
BILLING CODE 6351–01–P

DEPARTMENT OF DEFENSE
Office of the Secretary
[Docket ID: DoD–2015–OS–0004]

Proposed Collection; Comment
Request
Office of the Assistant
Secretary of Defense for Personnel and
Readiness, DoD.
ACTION: Notice.
AGENCY:

In compliance with the
Paperwork Reduction Act of 1995, the
Office of the Assistant Secretary of
Defense for Personnel and Readiness
announces a proposed public
information collection and seeks public
comment on the provisions thereof.
Comments are invited on: (a) Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; (b) the accuracy of the
agency’s estimate of the burden of the
proposed information collection; (c)
ways to enhance the quality, utility, and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the information collection on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
DATES: Consideration will be given to all
comments received by March 27, 2015.
SUMMARY:

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