80 FR 201 pgs. 63202-63203 - Agency Information Collection Activities Under OMB Review
Type: NOTICEVolume: 80Number: 201Pages: 63202 - 63203
Pages: 63202, 63203FR document: [FR Doc. 2015-26421 Filed 10-16-15; 8:45 am]
Agency: Commodity Futures Trading Commission
Official PDF Version: PDF Version
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY:
Commodity Futures Trading Commission.
ACTION:
Notice.
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 November 18, 2015.
ADDRESSES:
[top] Comments regarding the burden estimated 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 the notice's publication, by email at OIRAsubmissions@omb.eop.gov. Please identify the comments by OMB Control No. 3038-0079. Please provide the Commission with a copy of all submitted comments at the address listed below. Please refer to OMB Reference No. 3038-0079, found on http://reginfo.gov. Comments may also be mailed 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, and to the
Comments may also be mailed to: Christopher Kirkpatrick, Secretary of the Commission, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW., Washington, DC 20581 or by Hand Deliver/Courier at the same address.
A copy of the supporting statements for the collection of information discussed above 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.
FOR FURTHER INFORMATION CONTACT:
Jacob Chachkin, Special Counsel, Division of Swap Dealer and Intermediary Oversight, Commodity Futures Trading Commission, (202) 418-5496, email: jchachkin@cftc.gov, and refer to OMB Control No. 3038-0079.
SUPPLEMENTARY INFORMATION:
Title: Conflict of Interest Policies and Procedures by Swap Dealers and Major Swap Participants (OMB Control No. 3038-0079). This is a request for an extension of a currently approved information collection.
Abstract: On April 3, 2012, the Commission adopted Commission regulation 23.605 (Conflicts of interest policies and procedures) under section 4s(j)(5)1of the Commodity Exchange Act ("CEA"). Commission regulation 23.605 requires, among other things, that swap dealers ("SD")2and major swap participants ("MSP")3adopt and implement conflicts of interest procedures and disclosures, establish written policies and procedures reasonably designed to ensure compliance with the conflicts of interest and disclosure obligations within the regulations, and maintain specified records related to those requirements.4The Commission believes that the information collection obligations imposed by Commission regulation 23.605 are essential to ensuring that SDs and MSPs develop and maintain the conflicts of interest systems, procedures and disclosures required by the CEA and Commission regulations, and to the effective evaluation of these registrants' actual compliance with the CEA and Commission regulations.
Footnotes:
1 7 U.S.C. 6s(j)(5).
2 For the definition of SD, see section 1a(49) of the CEA and Commission regulation 1.3(ggg). 7 U.S.C. 1a(49) and 17 CFR 1.3(ggg).
3 For the definitions of MSP, see section 1a(33) of the CEA and Commission regulation 1.3(hhh). 7 U.S.C. 1a(33) and 17 CFR 1.3(hhh).
4 See 17 CFR 23.605.
Burden Statement: The respondent burden for this collection is estimated to be as follows:
Number of Registrants: 125.
Estimated Average Burden Hours Per Registrant: 44.5.
Estimated Aggregate Burden Hours: 5,562.5.
Frequency of Recordkeeping/Third-party Disclosure: As applicable.
(Authority: 44 U.S.C. 3501 et seq. )
Dated: October 13, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015-26421 Filed 10-16-15; 8:45 am]
BILLING CODE 3651-01-P