30-Day FRN

2018-18532a.pdf

Customer Clearing Documentation and Timing of Acceptance for Clearing

30-Day FRN

OMB: 3038-0092

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Federal Register / Vol. 83, No. 166 / Monday, August 27, 2018 / Notices
COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities Under OMB Review
Commodity Futures Trading
Commission.
ACTION: Notice.

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AGENCY:

SUMMARY: In compliance with the
Paperwork Reduction Act of 1995
(PRA), 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 September 26, 2018.
ADDRESSES: Comments regarding the
burden estimated or any other aspect of
the information collection, including
suggestions for reducing the burden,
may be submitted directly to the Office
of Information and Regulatory Affairs
(OIRA) in OMB, within 30 days of this
notice’s publication, by either of the
following methods. Please identify the
comments by ‘‘OMB Control No. 3038–
0092.’’
• By email addressed to:
[email protected], or
• By mail addressed to: the Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Attention: Desk Officer for the
Commodity Futures Trading
Commission, 725 17th Street NW,
Washington, DC 20503.
A copy of all comments submitted to
OIRA should be sent to the Commodity
Futures Trading Commission (the
‘‘Commission’’) by either of the
following methods. The copies should
refer to ‘‘OMB Control No. 3038–0092.’’
• Through the Commission’s website
at http://comments.cftc.gov. Follow the
instructions for submitting comments
through the website.
• By mail addressed to: Christopher
Kirkpatrick, Secretary of the
Commission, Commodity Futures
Trading Commission, Three Lafayette
Centre, 1155 21st Street NW,
Washington, DC 20581; or
• By Hand Delivery/Courier to the
same address.
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. You should submit
only information that you wish to make
available publicly. If you wish the
Commission to consider information

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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, prescreen, filter, redact 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
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.
A copy of the supporting statements
for the collection of information
discussed herein may be obtained by
visiting http://RegInfo.gov.
FOR FURTHER INFORMATION CONTACT:
Christopher Hower, Special Counsel,
Division of Clearing and Risk,
Commodity Futures Trading
Commission, (202) 418–6703; email:
[email protected], and refer to OMB
Control No. 3038–0092.
SUPPLEMENTARY INFORMATION:
Title: Customer Clearing
Documentation and Timing of
Acceptance for Clearing (OMB Control
No. 3038–0092). This is a request for
extension of a currently approved
information collection.
Abstract: Section 4d(c) of the CEA, as
amended by the Dodd-Frank Act, directs
the Commission to require futures
commission merchants to implement
conflict of interest procedures that
address such issues the Commission
determines to be appropriate. Similarly,
section 4s(j)(5), as added by the DoddFrank Act, requires swap dealers and
major swap participants to implement
conflict of interest procedures that
address such issues the Commission
determines to be appropriate. Section
4s(j)(5) also requires swap dealers and
major swap participants to ensure that
any persons providing clearing activities
or making determinations as to
accepting clearing customers are
separated by appropriate informational
partitions from persons whose
involvement in pricing, trading, or
clearing activities might bias their
judgment or contravene the core
principle of open access. Section 4s(j)(6)
of the CEA prohibits a swap dealer and
major swap participant from adopting
1 17

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CFR 145.9.

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any process or taking any action that
results in any unreasonable restraint on
trade or imposes any material
anticompetitive burden on trading or
clearing, unless necessary or
appropriate to achieve the purposes of
the Act. Section 2(h)(1)(B)(ii) of the CEA
requires that derivatives clearing
organization rules provide for the nondiscriminatory clearing of swaps
executed bilaterally or through an
unaffiliated designated contract market
or swap execution facility.
Pursuant to these provisions, the
Commission adopted § 1.71(d)(1)
relating to FCMs and § 23.605(d)(1)
relating to swap dealers and major swap
participants. These regulations prohibit
swap dealers and major swap
participants from interfering or
attempting to influence the decisions of
affiliated FCMs with regard to the
provision of clearing services and
activities and prohibit FCMs from
permitting them to do so. Also, § 23.607
prohibits a swap dealer and major swap
participant from adopting any process
or taking any action that results in any
unreasonable restraint on trade or
imposes any material anticompetitive
burden on trading or clearing, unless
necessary or appropriate to achieve the
purposes of the Act. Additionally,
§ 39.12(b)(2) requires that derivatives
clearing organization rules provide for
the non-discriminatory clearing of
swaps executed bilaterally or through an
unaffiliated designated contract market
or swap execution facility. Sections
1.71(f) and 23.605(f) provide that
records be maintained pursuant to
Commission Regulation 1.31.
As discussed further below, the
additional information collection
burden arising from the proposed
regulations primarily is restricted to the
costs associated with the affected
registrants’ obligation to maintain
records related to clearing
documentation between the customer
and the customer’s clearing member.
The information collection obligations
imposed by the regulations are
necessary to implement certain
provisions of the CEA, including
ensuring that registrants exercise
effective risk management and for the
efficient operation of trading venues
among SDs, MSPs, FCMs, and DCOs.
Burden Statement: The Commission
is revising its estimate of the burden for
this collection, which include 101 Swap
Dealers, Major Swap Participants, 65
Futures Commission Merchants and 16
Derivatives Clearing Organizations. The
respondent burden for this collection is
estimated to be as follows:
Estimated Number of Respondents:
182.

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Federal Register / Vol. 83, No. 166 / Monday, August 27, 2018 / Notices

Estimated Average Burden Hours per
Respondent: 18.1 hours.
Estimated Total Annual Burden
Hours: 3,296 hours.
Frequency of Collection: Daily,
annually, or as needed.
There are no capital costs or operating
and maintenance costs associated with
this collection.
Authority: 44 U.S.C. 3501 et seq.
Dated: August 22, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.

cancellation of its meeting on August
23, 2018. Accordingly, the Advisory
Committee Management Officer for the
Department of Defense, pursuant to 41
CFR 102–3.150(b), waives the 15calendar day notification requirement.
The DAC–IPAD meeting that
published in the Federal Register on
Friday, August 10, 2018 (83 FR 39730–
39731) has been cancelled. A notice
announcing the re-scheduled meeting
will publish at a later date in the
Federal Register.
Dated: August 22, 2018.
Aaron T. Siegel,
Alternate OSD Federal Register Liaison
Officer, Department of Defense.

[FR Doc. 2018–18532 Filed 8–24–18; 8:45 am]
BILLING CODE 6351–01–P

[FR Doc. 2018–18522 Filed 8–24–18; 8:45 am]

DEPARTMENT OF DEFENSE

BILLING CODE 5001–06–P

Office of the Secretary
DEPARTMENT OF DEFENSE

Defense Advisory Committee on
Investigation, Prosecution, and
Defense of Sexual Assault in the
Armed Forces; Notice of Federal
Advisory Committee Meeting;
Cancellation

Office of the Secretary
Reserve Forces Policy Board; Notice
of Federal Advisory Committee
Meeting

General Counsel of the
Department of Defense, Defense
Advisory Committee on Investigation,
Prosecution, and Defense of Sexual
Assault in the Armed Forces,
Department of Defense.
ACTION: Notice of Federal Advisory
Committee meeting; cancellation.
AGENCY:

On Friday, August 10, 2018,
the Department of Defense published a
notice that announced a meeting of the
Defense Advisory Committee on
Investigation, Prosecution, and Defense
of Sexual Assault in the Armed Forces
(DAC–IPAD). The meeting was to have
taken place on Thursday, August 23,
2018. Subsequent to the publication of
that notice, the Department of Defense
cancelled the meeting of August 23,
2018 due to a lack of quorum for the
meeting.
FOR FURTHER INFORMATION CONTACT:
Dwight Sullivan, 703–695–1055 (Voice),
[email protected] (Email).
Mailing address is DACIPAD, One
Liberty Center, 875 N Randolph Street,
Suite 150, Arlington, Virginia 22203.
Website: http://dacipad.whs.mil/. The
most up-to-date changes to the meeting
agenda can be found on the website.
SUPPLEMENTARY INFORMATION: Due to
circumstances beyond the control of the
Department of Defense (DoD) and the
Designated Federal Officer, the Defense
Advisory Committee on Investigation,
Prosecution, and Defense of Sexual
Assault in the Armed Forces was unable
to provide public notification required
by 41 CFR 102–3.150(a) concerning the
SUMMARY:

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Under Secretary of Defense for
Personnel and Readiness, Reserve
Forces Policy Board, Department of
Defense.
ACTION: Notice of Federal Advisory
Committee meeting.
AGENCY:

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SUMMARY: The Department of Defense
(DoD) is publishing this notice to
announce that the following Federal
Advisory Committee meeting of the
Reserve Forces Policy Board (RFPB) will
take place.
DATES: The RFPB will hold an open
meeting to the public Wednesday,
September 12, 2018 from 8:30 a.m. to
4:30 p.m.
ADDRESSES: The address for the Open
Session of the meeting is the Army Navy
Country Club, 1700 Army Navy Drive,
Arlington, VA 22202.
FOR FURTHER INFORMATION CONTACT:
Alexander Sabol, (703) 681–0577
(Voice), 703–681–0002 (Facsimile),
[email protected] (Email).
Mailing address is Reserve Forces Policy
Board, 5113 Leesburg Pike, Suite 601,
Falls Church, VA 22041. Website:
http://rfpb.defense.gov/. The most upto-date changes to the meeting agenda
can be found on the website.
SUPPLEMENTARY INFORMATION: This
meeting is being held under the
provisions of the Federal Advisory
Committee Act (FACA) of 1972 (5
U.S.C., Appendix, as amended), the
Government in the Sunshine Act of
1976 (5 U.S.C. 552b, as amended), and
41 CFR 102–3.140 and 102–3.150.

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FOR FURTHER INFORMATION CONTACT:
Alexander Sabol, (703) 681–0577
(Voice), 703–681–0002 (Facsimile),
[email protected] (Email).
Mailing address is Reserve Forces Policy
Board, 5113 Leesburg Pike, Suite 601,
Falls Church, VA 22041. Website:
http://rfpb.defense.gov/. The most upto-date changes to the meeting agenda
can be found on the website and the
Federal Register.
Purpose of the Meeting: The purpose
of the meeting is to obtain, review and
evaluate information related to
strategies, policies, and practices
designed to improve and enhance the
capabilities, efficiency, and
effectiveness of the Reserve
Components.
Agenda: The RFPB will hold an open
meeting to the public Wednesday,
September 12, 2018 from 8:30 a.m. to
4:30 p.m. The meeting will focus on
discussions with the Acting Assistant
Secretary of Defense Manpower and
Reserve Affairs who will discuss the
Secretary of Defense’s goals, readiness
objectives, and challenges for the
‘‘Operational Reserve’’ as part of the
Total Force, and personnel initiatives
pertaining to the Reserve Components.
The Deputy Chief of Staff for
Manpower, Personnel and Services,
Headquarters U.S. Air Force; the Deputy
Chief of Staff, G–1, Headquarters,
Department of the Army; the Director,
Military Personnel Plans and Policy
(OPNAV N13), Chief of Naval
Operations; the Director, Manpower
Management Division, Manpower and
Reserve Affairs, Headquarters, U.S.
Marine Corps; and the Acting Director,
Reserve and Military Personnel,
Headquarters, U.S. Coast Guard who
will discuss their Service’s recruiting
and retention issues, personnel
readiness, and plans to adapt their
personnel system to meet the future
Total Force challenges. The Director of
Manpower and Legislation and Systems,
Personnel and Readiness will provide
the progress on the Department of
Defense’s Duty Status Reform efforts.
The Director, Defense POW/MIA
Accounting Agency will discuss the
Department of Defense’s POW/MIA
Accounting Agency’s initiatives to
achieve their goal of providing families
and the nation with the fullest possible
accounting of missing personnel from
past conflicts. And the Board meeting
will conclude with a briefing from the
Chair of the RFPB’s Subcommittee on
the Subcommittee on Ensuring a Ready,
Capable, Available and Sustainable
Operational Reserve on the RFPB on the
subcommittee’s review and proposed
recommendation to the Secretary of

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