[Federal Register Volume 83, Number 187 (Wednesday, September 26, 2018)]
[Notices]
[Pages 48605-48606]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-20948]


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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 October 26, 2018.

ADDRESSES: Comments regarding the burden estimate 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 this notice's 
publication by either of the following methods. Please identify the 
comments by ``OMB Control No. 3038-0076.''
     By email addressed to: [email protected] or
     By mail addressed 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.
    A copy of all comments submitted to OIRA should be sent to the 
Commodity Futures Trading Commission (the ``Commission'') by either of 
the following methods. The copies should refer to ``OMB Control No. 
3038-0076.''
     By mail addressed to: Christopher Kirkpatrick, Secretary 
of the Commission, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581;
     By Hand Delivery/Courier to the same address; or
     Through the Commission's website at https://comments.cftc.gov. Please follow the instructions for submitting 
comments through the website.

A copy of the supporting statement for the collection of information 
discussed herein may be obtained by visiting https://RegInfo.gov.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
https://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\ 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 https://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 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.
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    \1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Eileen Chotiner, Senior Compliance 
Analyst, Division of Clearing and Risk, Commodity Futures Trading 
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Commission, (202) 418-5467; email: [email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Part 39, Risk Management Requirements for Derivatives 
Clearing Organizations, (OMB Control No. 3038-0076). This is a request 
for extension and revision of a currently approved information 
collection.
    Abstract: Commission Regulations 39.12, 39.13, 39.14, 39.15, 39.16 
and 39.18 establish risk management requirements for registered 
derivatives clearing organizations (``DCOs''). Regulation 39.3 requires 
any person seeking to register as a DCO to submit a completed Form DCO 
as provided in the appendix to part 39, accompanied by all applicable 
exhibits. The Commission will use the information in this collection to 
assess compliance of DCOs and DCO applicants with requirements for DCOs 
prescribed in the Commodity Exchange Act and Commission regulations.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid OMB control number. On July 13, 2018, the Commission 
published in the Federal Register notice of the proposed extension of 
this information collection and provided 60 days for public comment on 
the proposed extension, 83 FR 32638 (``60-Day Notice''). The Commission 
did not receive any relevant comments on the 60-Day Notice.
    Burden Statement: For this collection, the Commission is revising 
its burden estimate for 16 registered DCOs and 3 potential DCO 
applicants, as follows:
    1. Collection 3038-0076--Derivatives Clearing Organization 
Applicants Reporting Requirement (Regulation 39.3 and Form DCO).

[[Page 48606]]



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                                                                                   Estimated
                                                  Reports        Total annual    average number  Estimated total
  Estimated number of respondents per year      annually by       responses       of hours per    annual burden
                                                    each                            response          hours
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3...........................................               1                3              400             1200
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    2. Collection 3038-0076--Event-Specific System Safeguards Reporting 
Requirements for Derivatives Clearing Organizations (Regulations 
39.18(g) and (h)).

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                                                                                   Estimated
                                                  Reports        Total annual    average number  Estimated total
  Estimated number of respondents per year      annually by       responses       of hours per    annual burden
                                                    each                            response          hours
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16..........................................               2               32              0.1              3.2
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    3. Collection 3038-0076--Recordkeeping Requirements for Derivatives 
Clearing Organizations.

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                                                                                   Estimated
                                                  Reports        Total annual    average number  Estimated total
  Estimated number of respondents per year      annually by       responses       of hours per    annual burden
                                                    each                            response          hours
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16..........................................               1               16               50              800
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    Types of Respondents/Affected Entities: Derivatives clearing 
organizations (DCOs) and applicants for registration as a DCO.
    Estimated annual number of respondents: 19.\2\
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    \2\ Includes 16 currently registered DCOs (an increase of 2 
since the last extension in 2015) and 3 potential applicants.
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    Estimated average burden hours per response: 9.\3\
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    \3\ Since burden hours vary widely within the collection, this 
is the average of burden hours per response for the collection as a 
whole (aggregate of 450.1 hours/aggregate of 51 responses = 8.82 
hours, rounded to 9).
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    Estimated total annual burden hours: 2003.\4\
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    \4\ This figure reflects the burden hours aggregated from tables 
1, 2, and 3 (1200 + 3.2 + 800) = 2003.
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    Frequency of Collection: On occasion.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: September, 21, 2018.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2018-20948 Filed 9-25-18; 8:45 am]
 BILLING CODE 6351-01-P