Registration under the Commodity Exchange Act

ICR 202009-3038-004

OMB: 3038-0023

Federal Form Document

ICR Details
3038-0023 202009-3038-004
Active 201912-3038-002
CFTC
Registration under the Commodity Exchange Act
Revision of a currently approved collection   No
Regular
Approved without change 11/23/2020
Retrieve Notice of Action (NOA) 09/24/2020
  Inventory as of this Action Requested Previously Approved
03/31/2023 36 Months From Approved 03/31/2023
89,764 0 77,492
7,856 0 7,469
0 0 0

The Commodity Futures Trading Commission (“Commission” or “CFTC”) amended Form 8-R. Form 8-R is the application form that individuals must use to register with the Commission as an associated person of a futures commission merchant, retail foreign exchange dealer, introducing broker, commodity trading advisor, commodity pool operator, leverage transaction merchant; to register as a floor broker or floor trader; or to be listed as a principal of a firm registrant (such individuals referred to herein collectively, as “applicants”). 17 CFR 3.10(a)(2), 3.11(a), and 3.12(c). Applicants have been required to use Form 8-R since 1977. Revision of Registration Forms and Amendment of Related Rules, 42 FR 23988 (May 11, 1977) (Form 8-R replaced Forms 2-R, 4-R and 94). Form 8-R requests information about the applicant that is necessary to assess the applicant’s fitness to engage in business as a derivatives professional, subject to regulation and oversight by the Commission. In connection with the revision of Form 8-R, the Commission is amending collections 3038-0023 and 3038-0072 to reflect a slight change to the information collection burdens associated with the revised version of Form 8-R.

US Code: 7 USC 13c Name of Law: CEA
   PL: Pub.L. 110 - 246 122 Stat., 1651, 2189-2204 Name of Law: Food Conservation and Energy Act
   US Code: 7 USC 6e, 6f, 6k, 6m, 6n, 6s Name of Law: CEA
   US Code: 7 USC 12a Name of Law: CEA
  
None

Not associated with rulemaking

  85 FR 37922 06/24/2020
85 FR 60134 09/24/2020
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 89,764 77,492 0 12,272 0 0
Annual Time Burden (Hours) 7,856 7,469 0 387 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
The Commodity Futures Trading Commission amended Form 8-R. Form 8-R is the application form that individuals must use to register with the Commission as an associated person of a futures commission merchant, retail foreign exchange dealer, introducing broker, commodity trading advisor, commodity pool operator, leverage transaction merchant; to register as a floor broker or floor trader; or to be listed as a principal of a firm registrant.

$0
No
    Yes
    Yes
No
Yes
No
No
Herminio Castro 202 418-6705 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
09/24/2020


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