[Federal Register Volume 84, Number 123 (Wednesday, June 26, 2019)]
[Notices]
[Pages 30093-30094]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-13620]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection Number 3038-0084, Regulations Establishing and 
Governing the Duties of Swap Dealers and Major Swap Participants

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 July 26, 2019.

ADDRESSES: Comments regarding the burden estimate or any other aspect 
of

[[Page 30094]]

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 ``Regulations Establishing and Governing the Duties of Swap 
Dealers and Major Swap Participants,'' OMB Control No. 3038-0084.
     By email addressed to: [email protected]; or
     By mail addressed to: 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 one of the 
following methods. The copies should refer to ``OMB Control No. 3038-
0084.''
     Through the Commission's website at https://comments.cftc.gov. Please follow the instructions for submitting 
comments through the website;
     By mail addressed 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 to the same address as specified 
for mail.
    Please submit your comments to the Commission using only one 
method. A copy of the supporting statement for the collection of 
information discussed herein 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 
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 (FOIA), 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 applicable laws, and may be 
accessible under the FOIA.
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    \1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Gregory Scopino, Special Counsel, 
Division of Swap Dealer and Intermediary Oversight, Commodity Futures 
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Trading Commission, (202) 418-5175; email: [email protected].

SUPPLEMENTARY INFORMATION: This notice solicits comments on the 
collections of information mandated by Commission regulations 23.600 
(Risk Management Program), 23.601 (Monitoring of Position Limits), 
23.602 (Diligent Supervision), 23.603 (Business Continuity and Disaster 
Recovery) 23.606 (General Information: Availability for Disclosure and 
Inspection), and 23.607 (Antitrust Considerations).
    Title: Regulations Establishing and Governing the Duties of Swap 
Dealers and Major Swap Participants (OMB Control No. 3038-0084). This 
is a request for an extension and revision of a currently approved 
information collection.
    Abstract: On April 3, 2012 the Commission adopted Commission 
regulations 23.600 (Risk Management Program), 23.601 (Monitoring of 
Position Limits), 23.602 (Diligent Supervision), 23.603 (Business 
Continuity and Disaster Recovery), 23.606 (General Information: 
Availability for Disclosure and Inspection), and 23.607 (Antitrust 
Considerations) \2\ pursuant to section 4s(j) \3\ of the Commodity 
Exchange Act (CEA). These regulations adopted by the Commission 
require, among other things, swap dealers (SD) \4\ and major swap 
participants (MSP) \5\ to develop a risk management program (including 
a plan for business continuity and disaster recovery and policies and 
procedures designed to ensure compliance with applicable position 
limits). The Commission believes that the information collection 
obligations imposed by these regulations are essential to ensuring that 
swap dealers and major swap participants maintain adequate and 
effective risk management programs and policies and procedures to 
ensure compliance with position limits. On April 10, 2019, 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, 84 FR 14350, (``60-Day 
Notice''). The Commission did not receive any comments on the 60-Day 
Notice.
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    \2\ 17 CFR 23.600, 23.601, 23.602, 23.603, 23.606, and 23.607.
    \3\ 7 U.S.C. 6s(j).
    \4\ For the definition of SD, see section 1a(49) of the CEA and 
Commission regulation 1.3. 7 U.S.C. 1a(49) and 17 CFR 1.3.
    \5\ For the definitions of MSP, see section 1a(33) of the CEA 
and Commission regulation 1.3. 7 U.S.C. 1a(33) and 17 CFR 1.3.
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    Burden Statement: The Commission is revising its estimate of the 
burden for this collection to reflect the current number of respondents 
and estimated burden hours. The respondent burden for this collection 
is estimated to be as follows:
    Number of Registrants: 103.
    Estimated Average Burden Hours per Registrant: 1,148.5.
    Estimated Aggregate Burden Hours: 118,295.5.
    Frequency of Recordkeeping: As applicable.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: June 21, 2019.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2019-13620 Filed 6-25-19; 8:45 am]
 BILLING CODE 6351-01-P