Reparations Complaint, CFTC Form 30

ICR 202107-3038-001

OMB: 3038-0115

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2021-07-14
Supplementary Document
2021-07-14
Supplementary Document
2021-07-14
Supporting Statement A
2021-07-14
IC Document Collections
IC ID
Document
Title
Status
229056
Modified
ICR Details
3038-0115 202107-3038-001
Received in OIRA 202103-3038-007
CFTC
Reparations Complaint, CFTC Form 30
Revision of a currently approved collection   No
Regular 07/14/2021
  Requested Previously Approved
36 Months From Approved 11/30/2021
24 15
36 23
0 0

Pursuant to Section 14 of the Commodity Exchange Act, members of the public may apply to the Commission to seek damages against Commission registrants for alleged violations of the Act and/or Commission regulations. The legislative intent of this reparations program was to provide a low-cost, speedy, and effective forum for the resolution of customer complaints and to sanction individuals and firms found to have violated the Act and/or any regulations. In 1984, the Commission promulgated Part 12 of the Commission regulations to administer Section 14. Rule 12.13 provides the standards and procedures for filing a reparations complaint. Specifically, subparagraph (b) describes the form and content requirements of a complaint. CFTC Form 30, created in or about 1984, mirrors the requirements set forth in subparagraph (b). The form was created to assist customers--who are typically pro se and non-lawyers--and also to provide proper notice to respondents of the charges against them. In November 2017, the Commission requested, and was granted, an OMB number to this PRA collection based on Form 30. This request represents both a renewal and revision of the current collection.

US Code: 7 USC 18 Name of Law: CEA
  
None

Not associated with rulemaking

  86 FR 25845 05/11/2021
86 FR 37135 07/14/2021
No

1
IC Title Form No. Form Name
Reparations Complaint, CFTC Form 30

  Total Request 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 24 15 0 9 0 0
Annual Time Burden (Hours) 36 23 0 13 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
Going forward, the Commission estimates the number of potential complainants may increase to 24 once online submission of Form 30 becomes a facilitating factor. The time burden would remain the same at 1.5 hrs. per form, but the increase in potential complainants would increase the total annual time burden.

$0
No
    Yes
    Yes
No
No
No
No
Thuy Dinh 202 418-5128 [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.
07/14/2021


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