[Federal Register Volume 64, Number 169 (Wednesday, September 1, 1999)]
[Notices]
[Page 47773]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-22736]


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COMMODITY FUTURES TRADING COMMISSION


Public Information Collection Requirement

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of intent to renew information collection 3038-0043--
Rules relating to review of National Futures Association Decisions in 
Disciplinary, Membership Denial, Registration, and Member 
Responsibility Actions.

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SUMMARY: The Commodity Futures Trading Commission is planning to renew 
information collection 3038-0043, Rules Relating to Review of National 
Futures Association Decisions in Disciplinary, Membership Denial, 
Registration, and Member Responsibility Actions, which is due to expire 
November 30, 1999. 17 CFR part 171 rules require a registered futures 
association to provide fair and orderly procedures for membership and 
disciplinary actions. The Commission's review of decisions of 
registered futures associations in disciplinary, membership denial, 
registration, and member responsibility actions is governed by Section 
17(h)(2) of the Commodity Exchange Act, 7 U.S.C. Section 21(h)(2) 
(1994). The rules establish procedures and standards for Commission 
review of such actions, and the reporting requirements included in the 
procedural rules are either directly required by Section 17 of the Act 
or are necessary to the type of appellate review role Congress intended 
the Commission to undertake when it adopted that provision.
    In compliance with the Paperwork Reduction Act of 1995, the 
Commission solicits comments to:
    (1) Evaluate whether the collection of information is necessary for 
the proper performance of the functions of the agency, including the 
validity of the methodology and assumptions used;
    (2) Evaluate the accuracy of the agency's estimate of the burden of 
the collection of information including the validity of the methodology 
and assumptions used;
    (3) Enhance the quality, utility, and clarity of the information to 
be collected; and
    (4) Minimize the burden of the collection of the 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.

DATES: Comments must be received on or before November 1, 1999.

ADDRESS: Persons wishing to comment on this information collection 
should contact the CFTC Clearance Officer, 1155 21st Street NW, 
Washington, DC 20581, (202) 418-5160.
    Title: Rules Relating to Review of National Futures Association 
Decisions in Disciplinary, Membership Denial, Registration, and Member 
Responsibility Actions.
    Control number: 3038-0043.
    Action: Extension.
    Respondents: National Futures Association and parties to Part 171 
proceedings.
    Estimated Annual Burden: 126 hours.

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                                                                  Estimated
             Respondents                Regulation  (17 CFR)      number of          Annual      Est. avg. hours
                                                                 respondents       responses      per  response
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National Futures association and      Part 171...............              14               55              3.5
 parties to Part 171 proceedings.
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    Issued in Washington, D.C. on August 26, 1999.
Catherine D. Dixon,
Assistant Secretary of the Commission.
[FR Doc. 99-22736 Filed 8-31-99; 8:45 am]
BILLING CODE 6351-01-M