60-day FRN

60-Day FR Notice for 3038-0085 (pub 8-13-2018).pdf

Rule 50.50 End-User Notification of Non-Cleared Swap

60-day FRN

OMB: 3038-0085

Document [pdf]
Download: pdf | pdf
39991

Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices
• 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; or
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
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, 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
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:
Jacob Chachkin, Special Counsel,
Division of Swap Dealer and
Intermediary Oversight, Commodity
Futures Trading Commission, (202)
418–5496; email: [email protected],
and refer to OMB Control No. 3038–
0007.
SUPPLEMENTARY INFORMATION:

Title: Regulation of Domestic
Exchange-Traded Options (OMB Control
No. 3038–0007). This is a request for
extension of a currently approved
information collection.
Abstract: The rules require futures
commission merchants (FCMs) and
introducing brokers (IBs): (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
disclosure and recordkeeping
requirements are necessary to monitor
and to verify compliance by FCMs and
IBs with their obligations concerning
disclosure and promotional material.
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless it displays a currently valid OMB
control number. On June 7, 2018, the
Commission published in the Federal
Register notice of the proposed
extension of this information collection
and provided 60 days for public
comment on the proposed extension, 83
FR 26437 (‘‘60-Day Notice’’). The
Commission did not receive any
comments on the 60-Day Notice.
Burden Statement: The Commission
estimates the burden of this collection
of information as follows:

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

Regulation

Reporting:
33.7—(Risk disclosure) .................................................
Recordkeeping:
33.8—(Retention of promotional material) ...................
Grand total (reporting and recordkeeping) ............

There are no capital costs or operating
and maintenance costs associated with
this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 8, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
BILLING CODE 6351–01–P

0.08

11,702.40

1,272.00

1.00

1,272.00

25.00

31,800.00

........................

........................

147,552.00

........................

43,502.40

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Extend
Collection 3038–0085: Rule 50.50 EndUser Notification of Non-Cleared Swap
Commodity Futures Trading
Commission.
ACTION: Notice.

Under the Paperwork Reduction Act
(PRA), Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including proposed
extension of an existing collection of
information, and to allow 60 days for
public comment. This notice solicits
comments on the renewal of the
reporting requirement that is embedded
in the final rule adopting the end-user
exception to the Commission’s swap
clearing requirement.
Comments must be submitted on
or before October 12, 2018.

DATES:

CFR 145.9.

20:42 Aug 10, 2018

Jkt 244001

PO 00000

Estimated total
number of
hours of
annual burden
in fiscal year

146,280.00

The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) is announcing an
opportunity for public comment on the
proposed renewal of a collection of
certain information by the agency.

VerDate Sep<11>2014

Estimated
average
number of
hours per
response

115.00

SUMMARY:

1 17

Total annual
responses

1,272.00

AGENCY:

[FR Doc. 2018–17334 Filed 8–10–18; 8:45 am]

sradovich on DSK3GMQ082PROD with NOTICES

Reports
annually
by each
respondent

Frm 00011

Fmt 4703

Sfmt 4703

E:\FR\FM\13AUN1.SGM

13AUN1

39992

Federal Register / Vol. 83, No. 156 / Monday, August 13, 2018 / Notices

You may submit comments,
identified by ‘‘OMB Control No. 3038–
0085’’ by any of the following methods:
• The Agency’s website, at http://
comments.cftc.gov/. Follow the
instructions for submitting comments
through the website.
• 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.
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.
FOR FURTHER INFORMATION CONTACT:
Melissa D’Arcy, Special Counsel,
Division of Clearing and Risk,
Commodity Futures Trading
Commission, (202) 418–5086; email:
[email protected].
SUPPLEMENTARY INFORMATION: Under the
PRA, 44 U.S.C. 3501 et seq., 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 CFTC is publishing
this notice of the proposed extension of
the currently approved collection of
information listed below. An agency
may not conduct or sponsor, and a
person is not required to respond to, a
collection of information unless it
displays a currently valid OMB control
number.
Title: Rule 50.50 End-User
Notification of Non-Cleared Swap (OMB
Control No. 3038–0085). This is a
request for an extension of a currently
approved information collection.
Abstract: Rule 50.50 specifies the
requirements for eligible end-users who
elect the end-user exception from the
Commission’s swap clearing
requirement, as provided under section
2(h)(7) of the Commodity Exchange Act

sradovich on DSK3GMQ082PROD with NOTICES

ADDRESSES:

VerDate Sep<11>2014

20:42 Aug 10, 2018

Jkt 244001

(‘‘CEA’’). Rule 50.50 requires the
counterparties to report certain
information to a swap data repository
registered with the Commission, or to
the Commission directly, if one or more
counterparties elects the end-user
exception. The rule establishes a
reporting requirement that is required in
order to ensure compliance with the
Commission’s clearing requirement
under section 2(h)(1) of the CEA and is
necessary in order for Commission staff
to prevent abuse of the end-user
exception under section 2(h)(1) of the
CEA and pursuant to Rule 50.50.
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 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:
• Collection 3038–0085—Rule 50.50
End-User Notification of Non-Cleared
1 17

PO 00000

CFR 145.9.

Frm 00012

Fmt 4703

Sfmt 4703

Swap (17 CFR 50.50: Exceptions to the
Clearing Requirement)
The Commission is revising its
estimate of the burden for this collection
for eligible end-users electing the enduser exception. The Commission is
increasing the estimated number of
respondents from 1,092 to 1,815 based
on an observed increase in the number
of entities electing the exception. The
respondent burden for this collection is
estimated to be as follows:
Estimated Number of Respondents:
1,815.
Estimated Average Burden Hours per
Respondent: 0.58.
Estimated Total Annual Burden
Hours: 1,053.
Frequency of Collection: On occasion;
annually.
There are no capital costs or operating
and maintenance costs associated with
this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 8, 2018.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2018–17337 Filed 8–10–18; 8:45 am]
BILLING CODE 6351–01–P

DEPARTMENT OF DEFENSE
Department of the Air Force
Notice of Intent To Prepare an
Environmental Impact Statement for
the Air Force Reserve Command F–
35A Operational Beddown
Department of the United
States Air Force, Department of Defense.
ACTION: Amended notice of intent.
AGENCY:

The Air Force issued a Notice
of Intent to Prepare an Environmental
Impact Statement for the Air Force
Reserve Command F–35A Operational
Beddown Environmental Impact
Statement (Vol. 83, No. 56 Federal
Register, 12568, March 22, 2018) and is
now being amended to correct the
address for courier delivered public
scoping comments.
DATES: The 10-working day resubmittal
period begins on the date of this notice.
ADDRESSES: The address for courier
delivered (e.g., Federal Express or
United Parcel Service) public scoping
comments is: AFCEC/CZN, (ATTN: Mr.
Hamid Kamalpour), 3515 S. General
McMullen Drive, Suite 155, San
Antonio, Texas 78226–1710.
The address for U.S. Postal Service
mail delivery is the same as initially
published on March 22, 2018: AFCEC/
CZN, (ATTN: Mr. Hamid Kamalpour),
2261 Hughes Avenue, Suite 155, JBSASUMMARY:

E:\FR\FM\13AUN1.SGM

13AUN1


File Typeapplication/pdf
File Modified2018-08-11
File Created2018-08-11

© 2024 OMB.report | Privacy Policy