[Federal Register Volume 80, Number 16 (Monday, January 26, 2015)]
[Notices]
[Pages 3956-3957]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-01207]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0086, Swap Data Repositories; Registration and 
Regulatory Requirements

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``Commission'' or 
``CFTC'') is announcing an opportunity for public comment on the 
proposed collection of certain information by the agency. Under the 
Paperwork Reduction Act (``PRA''), Federal agencies are required to 
publish notice in the Federal Register concerning each proposed 
collection of information, including each proposed extension of an 
existing collection of information, and to allow 60 days for public 
comment. This notice solicits comments on requirements relating to Swap 
Data Repositories (``SDRs''), including initial registration as an SDR, 
maintaining registration as an SDR, swap data reporting, and swap data 
recordkeeping.

DATES: Comments must be submitted on or before March 27, 2015.

ADDRESSES: You may submit comments, identified by ``Renewal of 
Collection Pertaining to Swap Data Repositories; Registration and 
Reporting Requirements'' by any of the following methods:
     The Agency's Web site, at http://comments.cftc.gov. Follow 
the

[[Page 3957]]

instructions for submitting comments through the Web site.
     Mail: Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW., Washington, DC 20581.
     Hand Delivery/Courier: Same as Mail, above.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments through the Portal.
    Please submit your comments using only one method.

FOR FURTHER INFORMATION CONTACT: Benjamin DeMaria, Division of Market 
Oversight, Commodity Futures Trading Commission, 1155 21st Street NW., 
Washington, DC 20581; (202) 418-5988; email: [email protected], and 
refer to OMB Control No. 3038-0086.

SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain 
approval from the Office of Management and Budget (``OMB'') for each 
collection of information they conduct or sponsor. ``Collection of 
Information'' is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3 and 
includes agency requests or requirements that members of the public 
submit reports, keep records, or provide information to a third party. 
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 
concerning each proposed collection of information before submitting 
the collection to OMB for approval. To comply with this requirement, 
the CFTC is publishing notice of the proposed collection of information 
listed below.
    Title: Swap Data Repositories; Registration and Regulatory 
Requirements (OMB Control No. 3038-0086). This is a request for 
extension of a currently approved information collection.
    Abstract: Section 728 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act, Public Law 111-203, 124 Stat. 1376 (2010), 
specifically requires the CFTC to establish certain standards for the 
governance, registration, and statutory duties applicable to SDRs. The 
CFTC established these standards in part 49 of the CFTC's regulations.
    With respect to the collection of information, the CFTC invites 
comments on:
     Whether the proposed collection of information is 
necessary for the proper performance of the functions of the 
Commission, including whether the information will have a practical 
use;
     The accuracy of the Commission's estimate of the burden of 
the proposed collection of information, including the validity of the 
methodology and assumptions used;
     Ways to enhance the quality, usefulness, and clarity of 
the information to be collected; and
     Ways to minimize the burden of collection of 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.
    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 Information Collection request (``ICR'') 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.
    Burden Statement: The CFTC estimates that the total annual 
respondent burden is:
    Registration
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per response: 400 hours initially, 45 hours 
ongoing.
    Frequency of collection: Annual and occasional.
    Total annual respondent burden: 2,400 hours initially, 270 hours 
ongoing.
    Reporting
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per response: 40,725 hours initially, 15,325 hours 
ongoing.
    Frequency of collection: Ongoing.
    Total annual respondent burden: 244,350 hours initially, 91,950 
hours ongoing.
    Recordkeeping
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per response: 300 hours initially, 254 hours 
ongoing.
    Frequency of collection: Ongoing.
    Total annual respondent burden: 1,800 hours initially, 1,524 hours 
ongoing.
    Disclosure
    Respondents/Affected Entities: Swap Data Repositories.
    Estimated number of respondents: 6.
    Estimated burden per response: 100 hours initially, 1 hour ongoing.
    Frequency of collection: Occasional.
    Total annual respondent burden: 600 hours initially, 6 hours 
ongoing.

    Authority:  44 U.S.C. 3501 et seq.

    Dated: January 20, 2015.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2015-01207 Filed 1-23-15; 8:45 am]
BILLING CODE 6351-01-P