[Federal Register Volume 82, Number 16 (Thursday, January 26, 2017)]
[Notices]
[Page 8514]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01706]



[[Page 8514]]

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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 of 1995 (PRA), 
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.

DATES: Comments must be submitted on or before February 27, 2017.

ADDRESSES: Comments regarding the burden estimated or any other aspect 
of the information collection, including suggestions for reducing the 
burden, may be submitted directly to the Office of Information and 
Regulatory Affairs (OIRA) in OMB, within 30 days of the notice's 
publication, by email at [email protected]. Please identify 
the comments by OMB Control No. 3038-0005. Please provide the 
Commission with a copy of all submitted comments at the address listed 
below. Please refer to OMB Control No. 3038-0005, found on http://reginfo.gov. Comments may also be mailed to the Office of Information 
and Regulatory Affairs, Office of Management and Budget, Attention: 
Desk Officer for the Commodity Futures Trading Commission, 725 17th 
Street NW., Washington, DC 20503, and to Christopher Kirkpatrick, 
Secretary of the Commission, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581 or 
by Hand Delivery/Courier at the same address; or through the Agency's 
Web site at http://comments.cftc.gov. Follow the instructions for 
submitting comments through the Web site.
    A copy of the supporting statements for the collection of 
information discussed above may be obtained by visiting http://
RegInfo.gov. 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.

FOR FURTHER INFORMATION CONTACT: Christopher Cummings, Special Counsel, 
Division of Swap Dealer and Intermediary Oversight, Commodity Futures 
Trading Commission, (202) 418-6700; email: [email protected], and 
refer to OMB Control No. 3038-0005.

SUPPLEMENTARY INFORMATION: 
    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 comment on amendment of a currently approved information 
collection.
    Abstract: The CFTC has amended Regulation 4.22(d) to permit a CPO 
that meets certain requirements to present and compute required Annual 
Reports in accordance with specified accounting principles, standards 
or practices other than United States generally accepted accounting 
principles (U.S. GAAP). At the same time, the CFTC amended Regulation 
4.27(c)(2) to permit a CPO that claims relief under Regulation 4.22(d) 
as amended to use the same alternative accounting principles, standards 
or practices in presenting and computing the financial information that 
the CPO is required to report on a quarterly basis to the CFTC in Form 
CPO-PQR. The instructions to Form CPO-PQR, however, specify that all 
financial information in the form must be presented and computed in 
accordance with U.S. GAAP. Accordingly, the CFTC proposed to amend the 
instructions to Form CPO-PQR to permit use of alternative accounting 
principles, standards or practices by CPOs that claim relief under 
Regulation 4.22(d), as amended.
    With respect to the collection of information, the CFTC sought 
comments on whether the proposed amendment to Collection 3038-0005 is 
necessary for the proper performance of the functions of the CFTC, 
including whether the information will have a practical use, and 
whether the proposed amendment will increase the burden on CPOs who are 
required to file Form CPO-PQR. The Commission did not receive any 
comments on the 60-day Federal Register notice, 81 FR 85209, dated 
November 25, 2016.
    Burden Statement: The Commission is not revising its estimate of 
the burden for this collection as a result of the amendment to the 
instructions to Form CPO-PQR because the requirements to provide 
financial information remains substantively unchanged. There are no 
capital costs or operating and maintenance costs associated with the 
collection.

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

    Dated: January 19, 2017.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2017-01706 Filed 1-25-17; 8:45 am]
 BILLING CODE 6351-01-P