[Federal Register Volume 81, Number 126 (Thursday, June 30, 2016)]
[Notices]
[Pages 42668-42669]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-15472]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0005, Rules Relating to the Operations and 
Activities of Commodity Pool Operators and Commodity Trading Advisors 
and to Monthly Reporting by Futures Commission Merchants

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 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 
reporting and recordkeeping by Commodity Pool Operators and Commodity 
Trading Advisors.

DATES: Comments must be submitted on or before August 29, 2016.

ADDRESSES: You may submit comments, identified by ``Renewal of 
Collection Relating to the Operations and Activities of Commodity Pool 
Operators and Commodity Trading Advisors and to Monthly Reporting by 
Futures Commission Merchants'' by any of the following methods:
     The Agency's Web site, at http://comments.cftc.gov/. 
Follow the 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: Amanda Olear, Associate Director, 
Division of Swap Dealer and Intermediary Oversight, Commodity Futures 
Trading Commission, 1155 21st St. NW., Washington, DC 20581, (202) 418-
5283; email: [email protected], and refer to OMB Control No. 3038-0005.

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: Rules Relating to the Operations and Activities of Commodity 
Pool Operators and Commodity Trading Advisors and to Monthly Reporting 
by Futures Commission Merchants (OMB Control No. 3038-0005). This is a 
request for extension of a currently approved information collection.
    Abstract: Pursuant to the Commodity Exchange Act, as amended by the 
Dodd-Frank Wall Street Reform and Consumer Protection Act (``Dodd-Frank 
Act''), Public Law 111-203, 124 Stat. 1376 (2010), the Commission 
promulgated rules and forms relating to registration and compliance 
with the Commission regulations applicable to intermediaries, and 
employees and principals thereof, operating in the futures, options, 
swaps, and retail forex markets. As part of the Commission's rulemaking 
effort, the

[[Page 42669]]

Commission amended the compliance regime for Commodity Pool Operators, 
which is part of a previously approved information collection, through 
the adoption of a compliance regime applicable to Commodity Pool 
Operators of Registered Investment Companies, 78 FR 52308 (Aug. 22, 
2013).
    The disclosure, filing, and recordkeeping requirements within part 
4 of the Commission's regulations were established to assist customers, 
to facilitate the Commission and the National Futures Association 
(``NFA'') in monitoring compliance with the part 4 rules, and to enable 
the Commission to better monitor the market risks posed by the 
Commission's registrants. The information collections are necessary to 
enable the Commission and NFA to accomplish the purposes of the 
compliance regime set forth in part 4 enumerated above.
    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 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 respondent burden for this collection is 
estimated to be 4 hours \2\ per response.
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    \2\ This has been rounded down from 4.0348.
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    Respondents/Affected Entities: Commodity Pool Operators, Commodity 
Trading Advisors.
    Estimated Number of Respondents: 48,046.
    Estimated Total Annual Burden Hours on Respondents: 276,060 
hours.\3\
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    \3\ The estimated total burden hours for the collections have 
been rounded down slightly, based on the estimated burden hour per 
response of 4.0348.
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    Frequency of Collection: Periodically.

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

    Dated: June 24, 2016.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2016-15472 Filed 6-29-16; 8:45 am]
BILLING CODE 6351-01-P