[Federal Register Volume 85, Number 47 (Tuesday, March 10, 2020)]
[Notices]
[Pages 13876-13877]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04817]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Renew Collection 3038-0093, Part 40, Provisions Common to Registered 
Entities

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``Commission'' or 
``CFTC'') is announcing an opportunity for public comment on the 
proposed

[[Page 13877]]

collection of certain information by the agency. Under the Paperwork 
Reduction Act (``PRA''), Federal agencies are required to publish 
notice in the Federal Register concerning each proposed collection of 
information, including each proposed extension of an existing 
collection, and to allow 60 days for public comment. This notice 
solicits comments on collections of information provided for by Part 40 
of the Commission's regulations, Provisions Common to Registered 
Entities.

DATES: Comments must be submitted on or before May 11, 2020.

ADDRESSES: You may submit comments, identified by OMB Control No. 3038-
0093 by any of the following methods:
     The Agency's website, at http://comments.cftc.gov/. Follow 
the instructions for submitting comments through the website.
     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 comments using only one method and identify that 
it is for the renewal of Collection Number 3038-0093.
    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\
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    \1\ 17 CFR 145.9.
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    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.

FOR FURTHER INFORMATION CONTACT: Jeanette Curtis, Special Counsel, 
Division of Market Oversight, Commodity Futures Trading Commission, 
(202) 418-5092; email: [email protected], or Philip Raimondi, Special 
Counsel, Division of Market Oversight, Commodity Futures Trading 
Commission, (202) 418-5717; email: [email protected].

SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq., 
Federal agencies must obtain approval from the Office of Management and 
Budget (OMB) for each collection of information they conduct or 
sponsor. ``Collection of Information'' is defined in 44 U.S.C. 3502(3) 
and 5 CFR 1320.3 and includes agency requests or requirements that 
members of the public submit reports, keep records, or provide 
information to a third party. Section 3506(c)(2)(A) of the PRA, 44 
U.S.C. 3506(c)(2)(A), requires Federal agencies to provide a 60-day 
notice in the Federal Register concerning each proposed collection of 
information before submitting the collection to OMB for approval. To 
comply with this requirement, the CFTC is publishing notice of the 
proposed collection of information listed below. 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.
    Title: Part 40, Provisions Common to Registered Entities (OMB 
Control No. 3038-0093). This is a request for extension of a currently 
approved information collection.
    Abstract: This collection of information involves the collection 
and submission to the Commission of information from registered 
entities concerning new products, rules, and rule amendments pursuant 
to the procedures outlined in Sec. Sec.  40.2, 40.3, 40.5, 40.6, and 
40.10 found in 17 CFR part 40.
    With respect to the collection of information, the CFTC invites 
comments on:
     Whether the proposed collection of information is 
necessary for the proper performance of the functions of the 
Commission, including whether the information will have a practical 
use;
     The accuracy of the Commission's estimate of the burden of 
the proposed collection of information, including the validity of the 
methodology and assumptions used;
     Ways to enhance the quality, usefulness, and clarity of 
the information to be collected; and
     Ways to minimize the burden of collection of information 
on those who are to respond, including through the use of appropriate 
automated electronic, mechanical, or other technological collection 
techniques or other forms of information technology; e.g., permitting 
electronic submission of responses.
    Burden Statement: Registered entities must comply with 
certification and approval requirements which include an explanation 
and analysis when seeking to implement new products, rules, and rule 
amendments, including changes to product terms and conditions. The 
Commission's regulations Sec. Sec.  40.2, 40.3, 40.5, 40.6 and 40.10 
provide procedures for the submission of rules and rule amendments by 
designated contract markets, swap execution facilities, derivatives 
clearing organizations, and swap data repositories. They establish the 
procedures for submitting the ``written certification'' required by 
Section 5c of the Act. In connection with a product or rule 
certification, the registered entity must provide a concise explanation 
and analysis of the submission and its compliance with statutory 
provisions of the Act. Accordingly, new rules or rule amendments must 
be accompanied by concise explanations and analyses of the purposes, 
operations, and effects of the submissions. This information may be 
submitted as part of the same submission containing the required 
``written certification.'' The Commission estimates the average burden 
of this collection of information as follows:
     Rules 40.2, 40.3, 40.5, and 40.6
    Estimated Number of Respondents: 70.
    Annual Responses by each Respondent: 100.
    Estimated Hours per Response: 2.
    Estimated Total Hours per Year: 14,000.
     Rule 40.10
    Estimated Number of Respondents: 3.
    Annual Responses by each Respondent: 2.
    Estimated Hours per Response: 5.
    Estimated Total Hours per Year: 30.

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

    Dated: March 5, 2020.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2020-04817 Filed 3-9-20; 8:45 am]
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