Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices 477 

membership terms for the Ecosystem 

Sciences and Management Working 

Group and (3) Update from the Research 

and Development Portfolio Review Task 

Force and discussion of next actions. 

For the latest agenda, please visit the 

SAB Web site at http:// 

www.sab.noaa.gov. 

FOR FURTHER INFORMATION CONTACT: Dr. 

Cynthia Decker, Executive Director, 

Science Advisory Board, NOAA, Rm. 

11230, 1315 East-West Highway Silver 

Spring, Maryland 20910. (Phone: (301) 

734–1156, Fax: (301) 713–1459, Email: 

Cynthia.Decker@noaa.gov). 

Dated: December 28, 2011. 

Terry Bevels, 

Acting Chief Financial Officer/Chief 

Administrative Officer, Office of Oceanic and 

Atmospheric Research, National Oceanic and 

Atmospheric Administration. 

[FR Doc. 2011–33774 Filed 1–4–12; 8:45 am] 

BILLING CODE 3510–KD–P 

COMMODITY FUTURES TRADING 

COMMISSION 

Agency Information Collection 

Activities: Rules Relating to Regulation 

of Domestic Exchange-Traded Options 

AGENCY: Commodity Futures Trading 

Commission. 

ACTION: Extension of an existing 

collection. 

SUMMARY: The Commodity Futures 

Trading Commission (CFTC) is 

announcing an opportunity for public 

comment on the proposed collection of 

certain information by the agency. 

Under the Paperwork Reduction Act of 

1995 (PRA), 44 U.S.C. 3501 et seq., 

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 of 

information, and to allow 60 days for 

public comment in response to the 

notice. This notice solicits comments on 

rules related to risk disclosure 

concerning exchange traded commodity 

options. 

DATES: Comments must be submitted on 

or before March 5, 2012. 

ADDRESSES: Comments may be mailed to 

William Penner, Division of Clearing 

and Intermediary Oversight, U.S. 

Commodity Futures Trading 

Commission, 1155 21st Street NW., 

Washington, DC 20581. 

FOR FURTHER INFORMATION CONTACT: 

Ryne Miller, (202) 418–5921; Fax: (202) 

418–5536; email: rmiller@cftc.gov. 

SUPPLEMENTARY INFORMATION: Under the 

PRA, 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(c) 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, 

including each proposed extension of an 

existing 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. 

With respect to the following 

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. 

Rules Relating to Regulation of 

Domestic Exchange-Traded Options, 

OMB Control Number 3038–0007— 

Extension 

The rules require futures commission 

merchants and introducing brokers: (1) 

To provide their customers with 

standard risk disclosure statements 

concerning the risk of trading 

commodity interests; and (2) to retain 

all promotional material and the source 

of authority for information contained 

therein. The purpose of these rules is to 

ensure that customers are advised of the 

risks of trading commodity interests and 

to avoid fraud and misrepresentation. 

This information collection contains the 

recordkeeping and reporting 

requirements needed to ensure 

regulatory compliance with Commission 

rules relating to this issue. 

The Commission estimates the burden 

of this collection of information as 

follows: 

ESTIMATED ANNUAL REPORTING BURDEN

Regulation 

Estimated number 

of respondents 

or recordkeepers 

per year 

Reports annually 

by each 

respondent 

Total annual 

responses 

Estimated 

average number 

of hours 

per response 

Estimated 

total number 

of hours of annual 

burden in fiscal 

year 

Reporting: 

38.3, 38.4, 40.2 and 40.3 (Procedure for designation or self-certification) ...................................... 13.00 2.00 26.00 25.00 650 

33.7—(Risk disclosure) ................... 120.00 115.00 13,800.00 0.08 1,104.00 

Subtotal (Reporting requirements) .................................. 133.00 13,826.00 1,754.00 

Recordkeeping: 

33.8—(Retention of promotional 

material) ...................................... 170.00 1.00 170.00 25.00 4,250.00 

Subtotal (Recordkeeping requirements) 


emcdonald on DSK5VPTVN1PROD with NOTICES
478 Federal Register / Vol. 77, No. 3 / Thursday, January 5, 2012 / Notices 

ESTIMATED ANNUAL REPORTING BURDEN—Continued 

Regulation 

Estimated number 

of respondents 

or recordkeepers 

per year 

Reports annually 

by each 

respondent 

Total annual 

responses 

Estimated 

average number 

of hours 

per response 

Estimated 

total number 

of hours of annual 

burden in fiscal 

year 

Grand total (Reporting and 

recordkeeping) ..................... 303.00 13,996.00 6,004.00 

There are no capital costs or operating 

and maintenance costs associated with 

this collection. 

Dated: December 30, 2011. 

Sauntia S. Warfield, 

Assistant Secretary of the Commission. 

[FR Doc. 2011–33841 Filed 1–4–12; 8:45 am] 

BILLING CODE P 

CONSUMER PRODUCT SAFETY 

COMMISSION 

Sunshine Act Meeting Notice 

TIME AND DATE: Wednesday, January 11, 

2012; 10 a.m.–11 a.m. 

PLACE: Hearing Room 420, Bethesda 

Towers, 4330 East West Highway, 

Bethesda, Maryland. 

STATUS: Closed to the Public. 

Matter To Be Considered 

Compliance Status Report 

The Commission staff will brief the 

Commission on the status of compliance 

matters. 

For a recorded message containing the 

latest agenda information, call (301) 

504–7948. 

FOR FURTHER INFORMATION CONTACT: 

Todd A. Stevenson, Office of the 

Secretary, U.S. Consumer Product 

Safety Commission, 4330 East West 

Highway, Bethesda, MD 20814, (301) 

504–7923. 

Dated: January 3, 2012. 

Todd A Stevenson, 

Secretary. 

[FR Doc. 2012–64 Filed 1–3–12; 4:15 pm] 

BILLING CODE 6355–01–P 

CONSUMER PRODUCT SAFETY 

COMMISSION 

[Docket No. CPSC–2011–0087] 

Petition Requesting Exception From 

the Lead Content Limits; Reopening of 

the Comment Period 

AGENCY: U.S. Consumer Product Safety 

Commission. 

ACTION: Comment request. 

SUMMARY: The Consumer Product Safety 

Commission (‘‘Commission’’ or ‘‘CPSC’’ 

or ‘‘we’’ or ‘‘us’’) has received a petition 

requesting an exception from the 100 

ppm lead content limit under section 

101(b) of the Consumer Product Safety 

Improvement Act of 2008 (‘‘CPSIA’’), as 

amended by Public Law 112–28. We are 

reopening the comment period for 30 

days. 

DATES: Submit comments by February 6, 

2012. 

ADDRESSES: You may submit comments, 

identified by Docket No. CPSC–2011– 

0087, by any of the following methods: 

Electronic Submissions 

Submit electronic comments in the 

following way: 

Federal eRulemaking Portal: http://

www.regulations.gov. Follow the 

instructions for submitting comments. 

To ensure timely processing of 

comments, the Commission is no longer 

accepting comments submitted by 

electronic mail (email), except through: 

http://www.regulations.gov. 

Written Submissions 

Submit written submissions in the 

following way: 

Mail/Hand delivery/Courier (for 

paper, disk, or CD–ROM submissions), 

preferably in five copies, to: Office of the 

Secretary, U.S. Consumer Product 

Safety Commission, Room 502, 4330 

East West Highway, Bethesda, MD 

20814; telephone (301) 504–7923. 

Instructions: All submissions received 

must include the agency name and 

petition number for this rulemaking. All 

comments received may be posted 

without change, including any personal 

identifiers, contact information, or other 

personal information provided, to: 

http://www.regulations.gov. Do not 

submit confidential business 

information, trade secret information, or 

other sensitive or protected information 

electronically. Such information should 

be submitted in writing. 

Docket: For access to the docket to 

read background documents or 

comments received, go to: http://www.

regulations.gov. 

FOR FURTHER INFORMATION CONTACT: 

Kristina Hatlelid, Ph.D., M.P.H., 

Directorate for Health Sciences, 

Consumer Product Safety Commission, 

4330 East West Highway, Bethesda, MD 

20814; email: khatlelid@cpsc.gov. 

SUPPLEMENTARY INFORMATION: Under 

section 101(a) of the CPSIA, consumer 

products designed or intended primarily 

for children 12 years old and younger 

that contain lead content in excess of 

100 ppm manufactured after August 12, 

2011, are considered to be banned 

hazardous substances under the Federal 

Hazardous Substances Act (‘‘FHSA’’). 

Section 101(b)(1) of the CPSIA 

provides for a functional purpose 

exception from lead content limits 

under certain circumstances. The 

exception allows us, on our own 

initiative, or upon petition by an 

interested party, to exclude a specific 

product, class of product, material, or 

component part from the lead limits 

established for children’s products 

under the CPSIA if, after notice and a 

hearing, we determine that: (i) The 

product, class of product, material, or 

component part requires the inclusion 

of lead because it is not practicable or 

not technologically feasible to 

manufacture such product, class of 

product, material, or component part, as 

the case may be, in accordance with 

section 101(a) of the CPSIA by removing 

the excessive lead or by making the lead 

inaccessible; (ii) the product, class of 

product, material, or component part is 

not likely to be placed in the mouth or 

ingested, taking into account normal 

and reasonably foreseeable use and 

abuse of such product, class of product, 

material, or component part by a child; 

and (iii) an exception for the product, 

class of product, material, or component 

part will have no measurable adverse 

effect on public health or safety, taking 

into account normal and reasonably 

foreseeable use and abuse. Under 

section 101(b)(1)(B) of the CPSIA, there 

is no measurable adverse effect on 

public health or safety if the exception 

will result in no measurable increase in 

blood lead levels of a child. Given the 

highly technical nature of the 

information sought, including data on 

the lead content of the product and test 

methods used to obtain those data, we 

believe that the notice and solicitation 


emcdonald on DSK5VPTVN1PROD with NOTICES