[Federal Register Volume 66, Number 215 (Tuesday, November 6, 2001)]
[Notices]
[Page 56081]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-27775]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), 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; it 
includes the actual data collection instruments [if any].

DATES: Comments must be submitted on or before December 6, 2001.

FOR FURTHER INFORMATION OR A COPY CONTACT: Lawrence B. Patent, Division 
of Trading and Markets, Commodity Futures Trading Commission, 1155 21st 
Street, NW., Washington, DC 20581, (202) 418-5439; FAX: (202) 418-5528; 
email: [email protected] and refer to OMB Control No. 3038-0026.

SUPPLEMENTARY INFORMATION:
    Title: Gross Margining of Omnibus Accounts (OMB Control No. 3038-
0026). This is a request for extension of a currently approved 
information collection.
    Abstract: Commission Regulation 1.58 requires futures commission 
merchants to carry omnibus accounts on a gross, rather than a net, 
basis. This rule is promulgated pursuant to the Commission's rulemaking 
authority contained in Sections 5 and 5a of the Commodity Exchange Act, 
7 U.S.C. 7 and 7a (2000).
    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. The OMB control numbers for the 
CFTC's regulations were published on December 30, 1981, See 46 FR 63035 
(Dec. 30, 1981). The Federal Register notice with a 60-day comment 
period soliciting comments on this collection of information was 
published on October 5, 2001 (66 FR 51025).
    Burden statement: The respondent burden for this collection is 
estimated to average .08 hours per response. These estimates include 
the time needed to review instructions; develop, acquire install, and 
utilize technology and systems for the purposes of collecting, 
validating, and verifying information, processing and maintaining 
information and disclosing and providing information; adjust the 
existing ways to comply with any previously applicable instructions and 
requirements; train personnel to be able to respond to a collection of 
information; and transmit or otherwise disclose the information.
    Respondents/Affected Entities: 225.
    Estimated number of responses: 3,900.
    Estimated total annual burden on respondents: 300 hours.
    Frequency of collection: On occasion.
    Send comments regarding the burden estimated or any other aspect of 
the information collection, including suggestions for reducing the 
burden, to the addresses listed below. Please refer to OMB Control No. 
3038-0026 in any correspondence.

Lawrence B. Patent, Division of Trading and Markets, Commodity Futures 
Trading Commission, 1155 21st Street, NW., Washington, DC 20581
        and
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Attention: Desk Officer for CFTC, 725 17th Street, Washington, 
DC 20503.

    Dated: October 31, 2001.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 01-27775 Filed 11-5-01; 8:45 am]
BILLING CODE 6351-01-M