[Federal Register Volume 84, Number 247 (Thursday, December 26, 2019)]
[Notices]
[Pages 70963-70964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-27704]


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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 January 27, 2020.

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. 3038-0096.''
     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. 
3038-0096.''
     By mail addressed to: Christopher Kirkpatrick, Secretary 
of the Commission, Commodity Futures Trading Commission, Three 
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581;

[[Page 70964]]

     By Hand Delivery/Courier to the same address; or
     Through the Commission's website at http://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 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. 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 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.
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    \1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Meghan Tente, Acting Associate 
Director, Division of Market Oversight, Commodity Futures Trading 
Commission, (202) 418-5785, email: [email protected], and refer to OMB 
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Control No. 3038-0096.

SUPPLEMENTARY INFORMATION: 
    Title: Swap Data Recordkeeping and Reporting Requirements (OMB 
Control No. 3038-0096). This is a request for extension of a currently 
approved information collection.
    Abstract: The collection of information is needed to ensure that 
the CFTC and other regulators have access to swap data as required by 
the Commodity Exchange Act, as amended by the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (``Dodd-Frank Act''). The Dodd-Frank 
Act directed the CFTC to adopt rules providing for the reporting of 
data relating to swaps. In 2012, the CFTC adopted Regulation 45, which 
imposes recordkeeping and reporting requirements relating to pre-
enactment and historical swaps.
    On September 25, 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 50413 (``60-Day Notice'') The Commission did not 
receive any comments on the 60-Day Notice.
    Burden Statement: Provisions of CFTC Regulations 45.2, 45.3, 45.4, 
45.5, 45.6, 45.7, and 45.14 result in information collection 
requirements within the meaning of the PRA. With respect to the ongoing 
reporting and recordkeeping burdens associated with swaps, the CFTC 
believes that swap dealers (``SDs''), major swap participants 
(``MSPs''), and non-SD/MSP counterparties incur an annual time-burden 
of 2,279,312 hours. This time-burden represents a proportion of the 
burden respondents incur to operate and maintain their swap data 
recordkeeping and reporting systems. The respondent burden for this 
collection is estimated to be as follows:
    Estimated Number of Respondents: 1,732.
    Estimated Average Burden Hours per Respondent: 1,316.
    Estimated Total Annual Burden Hours: 2,279,312 hours.
    Frequency of Collection: Ongoing.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: December 18, 2019.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2019-27704 Filed 12-23-19; 8:45 am]
 BILLING CODE 6351-01-P