60 Day FRN

(2016) 60 Day FRN - 0102.pdf

Clearing Exemption for Certain Swaps Entered into by Cooperatives

60 Day FRN

OMB: 3038-0102

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Federal Register / Vol. 81, No. 126 / Thursday, June 30, 2016 / Notices
minutes; attachment of gillnet tags: 1
minute; initial lobster area designations:
5 minutes; requests for additional tags:
2 minutes; and notification of lost tags:
3 minutes; requests for state quota
transfers in the bluefish, summer
flounder and scup fisheries: 1 hour;
GOM cod trip limit exemption: 5
minutes; vessel owner single letter
option: 5 minutes.
Burden Hours: 18,125.
Needs and Uses: This request is for
extension of a current information
collection.
Under the Magnuson-Stevens Fishery
Conservation and Management Act, the
Secretary of Commerce has the
responsibility for the conservation and
management of marine fishery
resources. Much of this responsibility
has been delegated to NOAA’s National
Marine Fisheries Service (NMFS).
Under this stewardship role, the
Secretary was given certain regulatory
authorities to ensure the most beneficial
uses of these resources. One of the
regulatory steps taken to carry out the
conservation and management
objectives is to collect information from
users of the resources.
The Secretary has enacted rules to
issue permits to individuals and
organizations participating in federally
controlled fisheries. Permits are
necessary to: (1) Register fishermen,
fishing vessels, fish dealers and
processors; (2) list the characteristics of
fishing vessels and/or dealer/processor
operations; (3) exercise influence over
compliance (e.g., withhold issuance
pending collection of unpaid penalties);
(4) maintain contact lists for the
dissemination of important information
to the industry; (5) register participants
to be considered for limited entry; and
(6) provide a universe for data collection
samples. Identification of fishery
participants, their gear types, vessels,
and expected activity levels is an
effective and necessary tool in the
enforcement of fishery regulations.
This collection also includes the
requirement for participants in certain
fisheries to use onboard vessel
monitoring systems (VMS) and to notify
NMFS before fishing trips for the
purpose of observer placement. Other
permitting in this collection includes
the written request to participate in any
of the various exemption programs
offered in the Greater Atlantic region.
Exemption programs may allow a vessel
to fish in an area that is limited to
vessels of a particular size, using a
certain gear type, or fishing for a
particular species. This collection also
contains paperwork required for vessel
owners to request gillnet and lobster

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trap tags through the Greater Atlantic
region permit office.
Lastly, vessel owners that own
multiple vessels, but would like to
request communication from NMFS be
consolidated into one mailing (and not
separate mailings for each vessel), may
request the single letter vessel owner
option to improve efficiency of their
business practice.
Affected Public: Business or other forprofit organizations; individuals or
households; state, local or tribal
governments.
Frequency: On occasion, weekly,
monthly, annual and every three years.
Respondent’s Obligation: Mandatory.
This information collection request
may be viewed at reginfo.gov. Follow
the instructions to view Department of
Commerce collections currently under
review by OMB.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to
[email protected] or fax
to (202) 395–5806.
Dated: June 27, 2016.
Sarah Brabson,
NOAA PRA Clearance Officer.
BILLING CODE 3510–22–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0102, Clearing
Exemption for Certain Swaps Entered
Into by Cooperatives
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:

The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) is announcing an
opportunity for public comment on the
proposed collection renewal 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 and to allow 60 days for
public comment. This notice solicits
comments on the reporting
requirements related to Commission
regulation 50.51, which permits certain
cooperatives to elect not to clear certain
swaps that otherwise would be required
to be cleared, provided that they meet
certain conditions.

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Comments must be submitted on
or before August 29, 2016.
ADDRESSES: You may submit comments,
identified by ‘‘Clearing Exemption for
Certain Swaps Entered into by
Cooperatives,’’ or OMB Control No.
3038–0102, by any of the following
methods:
• The Commission’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.
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.
DATES:

FOR FURTHER INFORMATION CONTACT:

[FR Doc. 2016–15522 Filed 6–29–16; 8:45 am]

SUMMARY:

42667

Melissa A. D’Arcy, Special Counsel,
Division of Clearing and Risk,
Commodity Futures Trading
Commission, Three Lafayette Centre,
1155 21st Street NW., Washington, DC
20581; (202) 418–5086; email: mdarcy@
cftc.gov.
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: Clearing Exemption for Certain
Swaps Entered into by Cooperatives
(OMB Control No. 3038–0102). This is
a request for an extension of a currently
approved information collection.
Abstract: Section 2(h)(1)(A) of the
Commodity Exchange Act requires
certain entities to submit for clearing

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mstockstill on DSK3G9T082PROD with NOTICES

42668

Federal Register / Vol. 81, No. 126 / Thursday, June 30, 2016 / Notices

certain swaps if they are required to be
cleared by the Commission.
Commission regulation 50.51 permits
certain cooperatives to elect not to clear
certain swaps that otherwise would be
required to be cleared, provided that
they meet certain conditions. The rule
further requires the reporting of certain
information if the exemption for
cooperatives is elected. This collection
pertains to information the Commission
needs to monitor use of the exemption
and assess market risk in connection
therewith.
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.
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 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 Commission
is revising its estimate of the burden for
this collection to update the estimated
1 17

CFR 145.9.

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number of respondents and the
estimated burden hours. The respondent
burden for this collection is estimated to
be as follows:
Respondents/Affected Entities: Parties
electing the cooperative exemption
under Commission regulation 50.51.
Estimated number of respondents: 25.
Estimated average burden hours per
Respondent: 1 hour.
Estimated total annual burden hours
on respondents: 25 hours.
Frequency of collection: Annually; on
occasion.
There are no capital costs or operating
and maintenance costs associated with
this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: June 24, 2016.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2016–15473 Filed 6–29–16; 8:45 am]
BILLING CODE 6351–01–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0005, Rules Relating
to the Operations and Activities of
Commodity Pool Operators and
Commodity Trading Advisors and to
Monthly Reporting by Futures
Commission Merchants
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:

The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) 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
reporting and recordkeeping by
Commodity Pool Operators and
Commodity Trading Advisors.
DATES: Comments must be submitted on
or before August 29, 2016.
ADDRESSES: You may submit comments,
identified by ‘‘Renewal of Collection
Relating to the Operations and
Activities of Commodity Pool Operators
and Commodity Trading Advisors and
to Monthly Reporting by Futures
Commission Merchants’’ by any of the
following methods:
SUMMARY:

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• 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:
Amanda Olear, Associate Director,
Division of Swap Dealer and
Intermediary Oversight, Commodity
Futures Trading Commission, 1155 21st
St. NW., Washington, DC 20581, (202)
418–5283; email: [email protected], and
refer to OMB Control No. 3038–0005.
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: Rules Relating to the Operations
and Activities of Commodity Pool
Operators and Commodity Trading
Advisors and to Monthly Reporting by
Futures Commission Merchants (OMB
Control No. 3038–0005). This is a
request for extension of a currently
approved information collection.
Abstract: Pursuant to the Commodity
Exchange Act, as amended by the DoddFrank Wall Street Reform and Consumer
Protection Act (‘‘Dodd-Frank Act’’),
Public Law 111–203, 124 Stat. 1376
(2010), the Commission promulgated
rules and forms relating to registration
and compliance with the Commission
regulations applicable to intermediaries,
and employees and principals thereof,
operating in the futures, options, swaps,
and retail forex markets. As part of the
Commission’s rulemaking effort, the

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