30-Day FR Notice

17414

Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices

Futures Trading Commission, (202)
418–5140; email: [email protected],
and refer to OMB Control No. 3038–
0090.

srobinson on DSK5SPTVN1PROD with NOTICES

SUPPLEMENTARY INFORMATION:

Title: Adaption of Regulations to
Incorporate Swaps—Records of
Transactions (OMB Control No. 3038–
0090). This is a request for an extension
and revision of a currently approved
information collection.
Abstract: The Commission recently
amended Regulation 1.35(a) to change
and clarify several of the existing
recordkeeping requirements that apply
to certain registrants and market
participants. Records of Commodity
Interest and Related Cash or Forward
Transactions, 80 FR 80247 (Dec. 24,
2015). Specifically, the amendment to
Regulation 1.35: (1) Excludes members
of designated contract markets
(‘‘DCMs’’) and members of swap
execution facilities (‘‘SEFs’’) that are not
registered or required to register with
the Commission (‘‘Unregistered
Members’’) from the requirement to
keep written communications that lead
to the execution of a commodity interest
transaction and related cash or forward
transactions; (2) excludes Unregistered
Members from the requirement to
maintain records in a particular form
and manner; (3) excludes Unregistered
Members from the requirement to retain
text messages; (4) excludes commodity
trading advisors (‘‘CTAs’’) that are
members of a DCM or of a SEF from the
requirement to record oral
communications that lead to the
execution of a transaction; and (5)
clarifies the form and manner
requirements that apply to required
records.
In Agency Information Collection
Activities: Proposed Collection Revision,
Comment Request: Final Rule for
Records of Commodity Interest and
Related Cash or Forward Transactions,
80 FR 80327 (Dec. 24, 2015), the
Commission addressed the PRA
implications of this amendment of
Regulation 1.35. First, the Commission
estimated that changing Regulation
1.35(a) to exclude Unregisted Members
from the requirement to keep written
communications that lead to transaction
execution will decrease the information
collection burden under the rule by
approximately one-half hour per week
per entity. Second, the Commission
estimated that excluding Unregistered
Members from the requirement to
maintain records in a particular form
and manner will decrease the
information collection burden by
approximately one-half hour per month
per entity. Third, the Commission

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estimated that excluding Unregistered
Members from the requirement to retain
text messages will decrease the
information collection burden by
approximately approximately one-half
hour per month per entity. In
connection with these estimates, the
Commission estimated that there are
approximately 3,200 Unregistered
Members that will have their
recordkeeping obligations reduced as a
result of these three changes to
Regulation 1.35(a). Next, the
Commission estimated that excluding
CTAs that are members of a DCM or of
a SEF from the requirement to record
oral communications that lead to
transaction execution will decrease the
information collection burden by
approximately one-half hour per week
per entity. In connection with this
estimate, the Commission estimated that
there are approximately 1,175 CTAs that
will have their recordkeeping
obligations reduced as a result of this
change to Regulation 1.35(a). Finally,
the Commission noted that because the
revised form and manner requirements
are a clarification of the prior
requirements, the revised requirements
do not increase or decrease the
information collection burden.
In the Agency Information Collection
Activities: Proposed Collection Revision,
Comment Request: Final Rule for
Records of Commodity Interest and
Related Cash or Forward Transactions,
the Commission requested comments
on, among other things, its estimates
regarding the modified information
collection burdens associated with the
changes to Regulation 1.35(a). The
Commission did not receive any
comments that addressed any of its
estimates or any other aspect of the
information collection.
Burden Statement: The amendment of
Regulation 1.35 reduces the
recordkeeping burdens of Unregistered
Members and of CTAs that are members
of a DCM or of a SEF. For each
respondent that is an Unregistered
Member, the Commission estimates that
the amendment reduces the annual
recordkeeping burden by a total of 38
hours. For each respondent that is a
CTA, the Commission estimates that the
amendment reduces the annual
recordkeeping burden by a total of 26
hours.
The Commission estimates the burden
of this collection of information as
follows:
Respondents/Affected Entities:
Futures Commission Merchants, Retail
Foreign Exchange Dealers, Introducing
Brokers, and Members of a DCM or of
a SEF.

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Estimated number of respondents:
6,000.
Estimated total annual burden on
respondents: 321,449 hours.1
Frequency of collection: Ongoing.
There are no capital costs or operating
and maintenance costs associated with
this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: April 5, 2017.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2017–07183 Filed 4–10–17; 8:45 am]
BILLING CODE 6351–01–P

CONSUMER PRODUCT SAFETY
COMMISSION
[Docket No. CPSC–2010–0055]

Agency Information Collection
Activities; Submission for OMB
Review; Comment Request—Standard
for the Flammability of Mattresses and
Mattress Pads and Standard for the
Flammability (Open Flame) of Mattress
Sets
Consumer Product Safety
Commission.
ACTION: Notice.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995, the
Consumer Product Safety Commission
(Commission or CPSC) announces that
the Commission has submitted to the
Office of Management and Budget
(OMB) a request for extension of
approval of a collection of information
associated with the collection of
information set forth in the Standard for
the Flammability of Mattresses and
Mattress Pads, and the Standard for the
Flammability (Open Flame) of Mattress
Sets, approved previously under OMB
Control No. 3041–0014. In the Federal
Register of January 25, 2017 (82 FR
8409), the CPSC published a notice to
announce the agency’s intention to seek
extension of approval of the collection
of information. The Commission
received no comments. Therefore, by
publication of this notice, the
Commission announces that CPSC has
submitted to the OMB a request for
extension of approval of that collection
of information, without change.

SUMMARY:

1 In the Agency Information Collection Activities:
Proposed Collection Revision, Comment Request:
Final Rule for Records of Commodity Interest and
Related Cash or Forward Transactions, the
Commission mistakenly estimated the total annual
burden on respondents to be 319,707. This estimate
appears to have incorporated a mathematical error.
The correct estimate of the total annual burden on
respondents is, and should have been, 321,449.

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Federal Register / Vol. 82, No. 68 / Tuesday, April 11, 2017 / Notices
Written comments on this
request for extension of approval of
information collection requirements
should be submitted by May 11, 2017.
ADDRESSES: Submit comments about
this request by email: OIRA_
[email protected] or fax: 202–
395–6881. Comments by mail should be
sent to the Office of Information and
Regulatory Affairs, Attn: OMB Desk
Officer for the CPSC, Office of
Management and Budget, Room 10235,
725 17th Street NW., Washington, DC
20503. In addition, written comments
that are sent to OMB also should be
submitted electronically at http://
www.regulations.gov, under Docket No.
CPSC–2010–0055.
FOR FURTHER INFORMATION CONTACT: For
further information contact: Robert H.
Squibb, Consumer Product Safety
Commission, 4330 East West Highway,
Bethesda, MD 20814; (301) 504–7815, or
by email to: [email protected].
SUPPLEMENTARY INFORMATION: CPSC has
submitted the following currently
approved collection of information to
OMB for extension:

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DATES:

A. Background
Approximately 358 firms produce
mattresses.1 The Standard for the
Flammability of Mattresses and Mattress
Pads, 16 CFR part 1632 (part 1632
standard), was promulgated under
section 4 of the Flammable Fabrics Act
(FFA), 15 U.S.C. 1193, to reduce
unreasonable risks of burn injuries and
deaths from fires associated with
mattresses and mattress pads. The part
1632 standard prescribes requirements
to test whether a mattress or mattress
pad will resist ignition from a
smoldering cigarette. The part 1632
standard also requires manufacturers to
perform prototype tests of each
combination of materials and
construction methods used to produce
mattresses or mattress pads and to
obtain acceptable results from such
testing. Manufacturers and importers
must maintain the records and test
results specified under the standard.
The Commission also promulgated
the Standard for the Flammability
(Open Flame) of Mattress Sets, 16 CFR
part 1633 (part 1633 standard), under
section 4 of the FFA to reduce deaths
and injuries related to mattress fires,
particularly those ignited by open-flame
sources, such as lighters, candles, and
1 In the previous information collection, CPSC
used the census data for the North American
Industry Classification System (NAICS) code to
count the number of establishments that produce
mattresses. However, firms may have multiple
establishments associated with them. Accordingly,
CPSC uses the number of firms rather than the
number of establishments.

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matches. The part 1633 standard
requires manufacturers to maintain
certain records to document compliance
with the standard, including
maintaining records concerning
prototype testing, pooling, and
confirmation testing, and quality
assurance procedures and any
associated testing. The required records
must be maintained for as long as
mattress sets based on the prototype are
in production and must be retained for
3 years thereafter. Although some larger
manufacturers may produce mattresses
based on more than 100 prototypes,
most mattress manufacturers base their
complying production on 15 to 20
prototypes. OMB previously approved
the collection of information for 16 CFR
parts 1632 and 1633, under control
number 3041–0014, with an expiration
date of April 30, 2017. The information
collection requirements under the part
1632 standard do not duplicate the
testing and recordkeeping requirements
under the part 1633 standard.
B. Burden Hours
16 CFR 1632: Staff estimates that
there are 358 respondents. It is
estimated that each respondent will
spend 26 hours for testing and record
keeping annually for a total of 9,308
hours (358 firms × 26 hours = 9,308).
The hourly compensation for the time
required for record keeping is $66.19
(U.S. Bureau of Labor Statistics,
‘‘Employer Costs for Employee
Compensation,’’ June 2016, Table 9,
total compensation of all management,
professional, and related occupations in
goods-producing industries: http://
www.bls.gov/ncs). The annualized cost
to respondents would be approximately
$616,097 (9,308 hours × $66.19).
16 CFR 1633: The standard requires
detailed documentation of prototype
identification and testing records, model
and prototype specifications, inputs
used, name and location of suppliers,
and confirmation of test records, if
establishments choose to pool a
prototype. This documentation is in
addition to documentation already
conducted by mattress manufacturers in
their efforts to meet 16 CFR part 1632.
Staff estimates that there are 358
respondents. Based on staff estimates,
the recordkeeping requirements are
expected to require about 4 hours and
44 minutes per establishment, per
qualified prototype. Although some
larger manufacturers reportedly are
producing mattresses based on more
than 100 prototypes, most mattress
manufacturers probably base their
complying production on 15 to 20
prototypes, according to an industry
representative contacted by staff.

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Assuming that establishments qualify
their production with an average of 20
different qualified prototypes,
recordkeeping time is about 94.6 hours
(4.73 hours x 20 prototypes) per
establishment, per year. (Note that
pooling among establishments or using
a prototype qualification for longer than
1 year will reduce this estimate). This
translates to an annual recordkeeping
time cost to all mattress producers of
33,867 hours (94.6 hours x 358 firms).
The hourly compensation for the time
required for record keeping is $66.19
(U.S. Bureau of Labor Statistics,
‘‘Employer Costs for Employee
Compensation,’’ June 2016, Table 9,
total compensation of all management,
professional, and related occupations in
goods-producing industries: http://
www.bls.gov/ncs). The annual total
estimated costs for recordkeeping are
approximately $2,241,657 (33,867 hours
× $66.19).
The total estimated cost to the 358
firms for the burden hours associated
with both 16 CFR part 1632 and 16 CFR
part 1633 is approximately $2.86
million annually.
Dated: April 6, 2017.
Todd A. Stevenson,
Secretary, Consumer Product Safety
Commission.
[FR Doc. 2017–07236 Filed 4–10–17; 8:45 am]
BILLING CODE 6355–01–P

CONSUMER PRODUCT SAFETY
COMMISSION
[Docket No. CPSC–2009–0092]

Agency Information Collection
Activities; Submission for OMB
Review; Comment Request—Clothing
Textiles, Vinyl Plastic Film
Consumer Product Safety
Commission.
ACTION: Notice.
AGENCY:

In accordance with the
requirements of the Paperwork
Reduction Act (PRA) of 1995, the
Consumer Product Safety Commission
(Commission or CPSC) announces that
the Commission has submitted to the
Office of Management and Budget
(OMB) a request for extension of
approval of a collection of information
associated with the Commission’s
Standard for the Flammability of
Clothing Textiles and the Standard for
the Flammability of Vinyl Plastic Film
approved previously under OMB
Control No. 3041–0024. In the Federal
Register of January 25, 2017 (82 FR
8411), the CPSC published a notice to
announce the agency’s intention to seek

SUMMARY:

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