[Federal Register Volume 85, Number 32 (Tuesday, February 18, 2020)]
[Notices]
[Pages 8849-8850]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-03056]


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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 he 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 March 19, 2020.

ADDRESSES: Comments regarding the burden estimate or any other aspect 
of the information collection, including

[[Page 8850]]

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. 3038-0055.''
     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 (``CFTC'' or ``Commission'') by 
either of the following methods. The copies should refer to ``OMB 
Control No. 3038-0055.''
     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 http://comments.cftc.gov. Please follow the instructions for submitting 
comments through the website.
    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 
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 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: Jacob Chachkin, Special Counsel, 
Division of Swap Dealer and Intermediary Oversight, Commodity Futures 
Trading Commission, (202) 418-5496, email: [email protected], and 
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refer to OMB Control No. 3038-0055.

SUPPLEMENTARY INFORMATION: 
    Title: Privacy of Consumer Financial Information (OMB Control No. 
3038-0055). This is a request for an extension of a currently approved 
information collection.
    Abstract: Section 124 of the Commodity Futures Modernization Act of 
2000 \2\ amended the Commodity Exchange Act (the ``Act'') and added a 
new Section 5g \3\ to the Act to (i) add that futures commission 
merchants, commodity trading advisors, commodity pool operators, and 
introducing brokers that are subject to CFTC jurisdiction with respect 
to any financial activity shall be treated as a financial institution 
for purposes of Title V, Subtitle A of the Gramm-Leach-Bliley Act 
(``GLB Act''), (ii) treat the Commission as a Federal functional 
regulator for purposes of applying the provisions of the GLB Act, and 
(iii) direct the Commission to prescribe regulations under Title V of 
the GLB Act. The Commission adopted regulations for these entities 
under part 160 and later extended them to retail foreign exchange 
dealers, swap dealers, and major swap participants.\4\ Part 160 
requires those subject to the regulations, among other things, to 
provide privacy and opt out notices to customers and to adopt 
appropriate policies and procedures to safeguard customer records and 
information.
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    \2\ Section 124, Appendix E of Public Law 106-554, 114 Stat. 
2763 (2000).
    \3\ 7 U.S.C. 7b-2.
    \4\ 17 CFR part 160. See Privacy of Customer Information, 66 FR 
21235 (April 27, 2001); Regulation of Off-Exchange Retail Foreign 
Exchange Transactions and Intermediaries, 75 FR 55409 (Sept. 10, 
2010); and Privacy of Consumer Financial Information; Conforming 
Amendments Under Dodd-Frank Act, 76 FR 43874 (July 22, 2011).
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    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 December 11, 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 67724 (``60-Day 
Notice''). The Commission did not receive any relevant comments on the 
60-Day Notice.
    Burden Statement: The respondent burden for this collection is 
estimated to be as follows:
    Estimated Number of Respondents: 2,789.
    Estimated Average Burden Hours per Respondent: 3.0326.
    Estimated Total Annual Burden Hours: 8,458.
    Frequency of Collection: 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: February 11, 2020.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2020-03056 Filed 2-14-20; 8:45 am]
BILLING CODE 6351-01-P