[Federal Register Volume 82, Number 88 (Tuesday, May 9, 2017)]
[Proposed Rules]
[Pages 21494-21495]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09318]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Chapter I

RIN 3038-AE55


Project KISS

AGENCY: Commodity Futures Trading Commission.

ACTION: Request for Information.

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SUMMARY: In order to reduce regulatory burdens and costs in the markets 
that the Commodity Futures Trading Commission (``Commission'' or 
``CFTC'') oversees, the Commission is seeking suggestions from the 
public about how the Commission's existing rules, regulations, or 
practices could be applied in a simpler, less burdensome, and less 
costly manner.

DATES: Suggestions must be received on or before September 30, 2017.

ADDRESSES: You may submit suggestions, identified by RIN number 3038-
AE55, by any of the following methods:
     The agency's Web site, at http://comments.cftc.gov. Follow 
the instructions for submitting a Project KISS suggestion through the 
Public Comment Form.
     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.
    Please submit your suggestions using only one method.

FOR FURTHER INFORMATION CONTACT: Michael Gill, Regulatory Reform 
Officer, (202) 418-5713, [email protected], Commodity Futures Trading 
Commission, Three Lafayette Centre, 1151 21st Street NW., Washington, 
DC 20581; or [email protected].

SUPPLEMENTARY INFORMATION: On February 24, 2017, President Donald J. 
Trump issued Executive Order 13777: Enforcing the Regulatory Reform 
Agenda (``E.O. 13777''). E.O. 13777 directs federal agencies, among 
other things, to designate a Regulatory Reform Officer and establish a 
Regulatory Reform Task Force. Although the CFTC, as an independent 
federal agency,\1\ is not bound by E.O. 13777, the Commission is 
nevertheless commencing an agency-wide review of its rules, 
regulations, and practices to make them simpler, less burdensome, and 
less costly. This initiative is called Project KISS, which stands for 
``Keep It Simple Stupid.'' \2\ In support of these efforts, the 
Commission has approved the solicitation of suggestions from the public 
regarding how the Commission's existing rules, regulations, or 
practices could be applied in a simpler, less burdensome, and less 
costly manner. The public may submit Project KISS suggestions through 
the Public Comment Form on the Commission's Web site, at http://comments.cftc.gov.
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    \1\ Independent federal agencies exist outside of the federal 
executive departments headed by a Cabinet secretary and the 
Executive Office of the President. See Humphrey's Executor v. United 
States, 295 U.S. 602 (1935); 5 U.S.C. 104.
    \2\ See Remarks of Acting Chairman J. Christopher Giancarlo 
before the 42nd Annual International Futures Industry Conference in 
Boca Raton, FL, Mar. 15, 2017, available at http://www.cftc.gov/PressRoom/SpeechesTestimony/opagiancarlo-20.
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    The Commission is not asking the public to identify rules for 
revocation, suspension, annulment, withdrawal, limitation, amendment, 
modification, conditioning or repeal. The submission of a Project KISS 
suggestion will not constitute a petition for issuance, amendment, or 
repeal of a rule pursuant to Sec.  13.2 of the Commission's 
regulations,\3\ nor will it constitute a request for an exemptive, no-
action, or interpretive letter pursuant to Sec.  140.99 of the 
Commission's regulations.\4\ The Commission will treat Project KISS 
suggestions like the Commission treats other correspondence that it 
receives. Submission of a Project KISS suggestion may not result in 
Commission action.
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    \3\ 17 CFR 13.2.
    \4\ 17 CFR 140.99.
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    All suggestions must be submitted in English, or if not, 
accompanied by an English translation. Suggestions 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 to submit 
information that you believe is exempt from disclosure under the 
Freedom of Information Act in your suggestion(s), please submit your 
suggestion(s) via Mail or Hand Delivery/Courier and also submit a 
petition for confidential treatment of the exempt information according 
to the procedures established in Sec.  145.9 of the Commission's 
regulations.\5\
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    \5\ 17 CFR 145.9.

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[[Page 21495]]

    The Commission reserves the right, but shall have no obligation, to 
review, pre-screen, filter, redact, refuse or remove any or all of your 
suggestion(s) from http://www.cftc.gov that it may deem to be 
inappropriate for publication, such as a suggestion containing obscene 
language. Any suggestions that contain comments on the merits of an 
outstanding proposed rulemaking will be retained in the public comment 
file for that rulemaking and considered as required under the 
Administrative Procedure Act and other applicable laws. All suggestions 
that have been redacted or removed that contain comments on the merits 
of an outstanding proposed 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 
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accessible under the Freedom of Information Act.

    Issued in Washington, DC, on May 3, 2017, by the Commission.
Robert N. Sidman,
Deputy Secretary of the Commission.

Appendix to Project KISS--Commission Voting Summary

    On this matter, Acting Chairman Giancarlo and Commissioner Bowen 
voted in the affirmative. No Commissioner voted in the negative.

[FR Doc. 2017-09318 Filed 5-8-17; 8:45 am]
 BILLING CODE 6351-01-P