Document headings vary by document type but may contain
                    the following: the agency or agencies that issued and signed a document
the number of the CFR title and the number of each part
                      the document amends, proposes to amend, or is directly
                      related to
the agency docket number / agency internal file number
the RIN which identifies each regulatory action listed in
                      the Unified Agenda of Federal Regulatory and Deregulatory
                      Actions See the
                    Document Drafting Handbook
                    for more details.
 Commodity Futures Trading Commission
 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 yearReporting:38.3, 38.4, 40.2 and 40.3 (Procedure for designation or self-certification)
13.00
2.00
26.00
25.00
65033.7—(Risk disclosure)
120.00
115.00
13,800.00
0.08
1,104.00Subtotal (Reporting requirements)
133.00

13,826.00

1,754.00Recordkeeping:33.8—(Retention of promotional material)
170.00
1.00
170.00
25.00
4,250.00Subtotal (Recordkeeping requirements)( print page 478)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