[Federal Register Volume 78, Number 208 (Monday, October 28, 2013)]
[Notices]
[Pages 64202-64204]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-25335]


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COMMODITY FUTURES TRADING COMMISSION


Quantitative Messaging Research

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or 
``Commission'') is announcing an opportunity for public comment on a 
proposed collection of information by

[[Page 64203]]

the agency. Under the Paperwork Reduction Act (``PRA''), 44 U.S.C. 3501 
et seq., Federal agencies are required to publish notice in the Federal 
Register concerning each proposed collection of information and to 
allow 30 days for public comment. The CFTC's Office of Consumer 
Outreach (OCO) develops campaigns to change consumer behaviors so that 
consumers can better avoid fraud as defined under the Commodities 
Exchange Act. The CFTC is posing survey questions to the public. This 
survey will include screening questions to identify the correct 
respondents and questions to determine optimal messages to help 
consumers identify, avoid, and report financial fraud as part of a 
consumer-facing anti-fraud campaign. This survey will follow 
qualitative message testing research (for which CFTC received fast-
track OMB approval) and is necessary to identify, with statistical 
validation, which of these messages most effectively help consumers to 
identify, avoid, and report financial fraud.

DATES: Comments must be received on or before November 27, 2013.

ADDRESSES: You may submit comments, regarding the burden estimated or 
any other aspect of the information collection, including suggestions 
for reducing the burden to the Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
CFTC, 725 17th Street NW., Washington, DC 20503, and by any of the 
following methods:
    Agency Web site, via its Comments Online process: http://comments.cftc.gov. Follow the instructions for submitting comments 
through the Web site.
    Mail: Send to Melissa D. Jurgens, Secretary of the Commission, 
Commodity Futures Trading Commission, 1155 21st Street NW., Washington, 
DC 20581.
    Hand delivery/Courier: Same as Mail above.
    Federal eRulemaking Portal: http://www.regulations.gov/search/index.jsp. Follow the instructions for submitting comments.
    Please submit your comments using only one method and identify that 
it is for the ``Quantitative Messaging Research.''
    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 Sec.  145.9 of the Commission's regulations.\1\
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    \1\ 17 CFR 145.9.
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    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 rulemaking 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.

FOR FURTHER INFORMATION CONTACT: Nisha Smalls, Consumer Education & 
Outreach Specialist, 202-418-5000, [email protected], Office of 
Consumer Outreach, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1151 21st Street NW., Washington, DC 20581.

SUPPLEMENTARY INFORMATION: Under the PRA, federal agencies must obtain 
approval from the Office of Management and Budget (``OMB'') for each 
collection of information they collect or sponsor. The collection of 
information is defined in 44 U.S.C. 3502(3) as the obtaining, causing 
to be obtained, soliciting of facts or opinions by or for an agency, 
regardless of form or format from ten or more persons. An agency may 
not conduct or sponsor, and a person is not required to respond to, a 
collection of information unless it displays a valid OMB control 
number. The Commission is submitting this collection of information to 
OMB for approval and assigning of a collection number, pursuant to 5 
CFR 1320.10.
    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 for 
each proposed collection of information before submitting the 
collection to OMB for approval. Under OMB regulations, which implement 
provisions of the PRA, certain facts or opinions submitted in response 
to general solicitations of comments from the public, published in the 
Federal Register or other publications, 5 CFR 1320.3(h)(4), or facts or 
opinions obtained or solicited at or in connection with public hearings 
or meetings, 5 CFR 1320.3(h)(8), are excluded from the OMB approval 
process.
    In 2010, the Dodd-Frank Act \2\ expanded the Commission's authority 
to, among other matters related to regulatory oversight, establish 
funding of consumer education initiatives under its new Whistleblower 
authority.\3\ Under this new authority, the Commission established an 
OCO to, among other efforts, survey the public regarding consumer 
education initiatives.\4\ This notice announces a public survey. The 
survey will include screening questions to identify the correct 
respondents and questions to determine optimal messages to help 
consumers identify, avoid, and report financial fraud as part of a 
consumer-facing anti-fraud campaign. This survey will follow 
qualitative message testing research (for which CFTC received fast-
track OMB approval) and is necessary to identify, with statistical 
validation, which of these messages most effectively help consumers to 
identify, avoid, and report financial fraud.
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    \2\ See Dodd-Frank Wall Street Reform and Consumer Protection 
Act, Public Law 111-203,124 Stat. 1376 (2010). The text of the Dodd-
Frank Act may be accessed at http://www.cftc.gov/LawRegulation/DoddFrankAct/index.htm.
    \3\ See 7 U.S.C. 26.
    \4\ See 17 CFR 165.12.
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    The OCO will use the information collected in the survey to develop 
effective methods to inform the public on how best to detect and report 
financial fraud. This will be done by creating a final summary report 
that combines key findings from both the survey as well as other 
qualitative research.
    Findings from the summary report will be used to inform a 
directional document to be used by the OCO that will include 
recommendations on primary messages, support points, content, overall 
tone, phrasing and imagery of outreach efforts on financial fraud, as 
well as how to use these messages in various communications channels 
(e.g. online, print, radio, TV and collateral materials).
    The survey will be administered using an online survey tool. The 
online modality approach will allow presentation of test material to 
participants in a more convenient and time-efficient manner than other 
collection methods such as mall intercepts. The online method also 
allows for a quicker turnaround for data collection. No other 
collection methods will be used.
    The screening questions will take about 1 minute to complete. It is 
anticipated that 2,200 people will be screened. The survey will take 15 
minutes. 1,100 people will take the 15 minute survey. Based on these

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assumptions, the total burden hours will be 330 hours. This estimate 
includes the time to prepare the survey and transmit it to the 
Commission. The Commission estimates the average burden of this 
collection of information as follows:

                                                         Estimated Annual Reporting Burden Hours
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                                      Annual              Frequency                       Hours per              Total
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17 C.F.R..........................      2,200  1 response per respondent.....  1 minute per response.........      2,200  36.7 hours--$96.36 per burden
                                                                                                                           hour.
17 C.F.R..........................      1,100  1 response per respondent.....  15 minutes per response.......      1,100  293.3 hours--$96.36 per burden
                                                                                                                           hour.
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    Issued in Washington, DC, on October 23, 2013, by the 
Commission.
Melissa D. Jurgens,
Secretary of the Commission.
[FR Doc. 2013-25335 Filed 10-25-13; 8:45 am]
BILLING CODE 6351-01-P