58252 Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices 

2 17 CFR 1.72(a), 23.608(a), and 39.12(a)(1)(vi). 

3 17 CFR 1.72(b), 23.608(b), and 39.12(a)(1)(vi). 

4 17 CFR 1.72(c), 23.608(c), and 39.12(a)(1)(vi). 

5 17 CFR 1.72(d), 23.608(d), and 39.12(a)(1)(vi). 

6 17 CFR 1.72(e), 23.608(e), and 39.12(a)(1)(vi). 7 17 CFR 145.9. 

Title: Customer Clearing 

Documentation and Timing of 

Acceptance for Clearing (OMB Control 

No. 3038–0092). This is a request for 

extension of a currently approved 

information collection. 

Abstract: Section 4d(c) of the 

Commodity Exchange Act (‘‘CEA’’) (7 

U.S.C. 6d(c)), as amended by the DoddFrank Wall Street and Reform Consumer 

Protection Act (‘‘Dodd-Frank Act’’), 

directs the Commission to require 

futures commission merchants 

(‘‘FCMs’’) to implement conflict of 

interest procedures that address such 

issues the Commission determines to be 

appropriate. Similarly, CEA section 

4s(j)(5) (7 U.S.C. 6s(j)(5)), as added by 

the Dodd-Frank Act, requires swap 

dealers (‘‘SDs’’) and major swap 

participants (‘‘MSPs’’) to implement 

conflict of interest procedures that 

address such issues the Commission 

determines to be appropriate. CEA 

section 4s(j)(5) also requires SDs and 

MSPs to ensure that any persons 

providing clearing activities or making 

determinations as to accepting clearing 

customers are separated by appropriate 

informational partitions from persons 

whose involvement in pricing, trading, 

or clearing activities might bias their 

judgment or contravene the core 

principle of open access. CEA section 

4s(j)(6) prohibits an SD or MSP from 

adopting any process or taking any 

action that results in any unreasonable 

restraint on trade or imposes any 

material anticompetitive burden on 

trading or clearing, unless necessary or 

appropriate to achieve the purposes of 

the Act. CEA section 2(h)(1)(B)(ii) (7 

U.S.C. 2(h)(1)(B)(ii)) requires that 

derivatives clearing organization 

(‘‘DCO’’) rules provide for the 

nondiscriminatory clearing of swaps 

executed bilaterally or through an 

unaffiliated designated contract market 

or swap execution facility. 

To address these provisions, the 

Commission promulgated regulations 

that prohibit arrangements involving 

FCMs, SDs, MSPs, and DCOs that would 

(a) disclose to an FCM, SD, or MSP the 

identity of a customer’s original 

executing counterparty; 2 (b) limit the 

number of counterparties with whom a 

customer may enter into a trade; 3 (c) 

restrict the size of the position a 

customer may take with any individual 

counterparty, apart from an overall 

credit limit for all positions held by the 

customer at the FCM; 4 (d) impair a 

customer’s access to execution of a trade 

on terms that have a reasonable 

relationship to the best terms available; 5

or (e) prevent compliance with specified 

time frames for acceptance of trades into 

clearing set forth in Commission 

regulations §§ 1.74(b), 23.610(b), or 

39.12(b)(7).6 Additionally, the 

Commission requires, through 

regulation § 39.12(b)(7)(i)(B), DCOs to 

coordinate with clearing members to 

establish prompt processing of trades. 

Regulations §§ 1.74(a) and 23.610(a) 

require reciprocal coordination by 

FCMs, SDs, and MSPs that are clearing 

members. 

Under the above regulations, SDs, 

MSPs, FCMs, and DCOs are required to 

develop and maintain written customer 

clearing documentation and trade 

processing procedures. Maintenance of 

contracts, policies, and procedures is 

prudent business practice. All SDs, 

MSPs, FCMs, and DCOs maintain 

documentation consistent with these 

regulations. The regulations are crucial 

both for effective risk management and 

for the efficient operation of trading 

venues among SDs, MSPs, FCMs, and 

DCOs. Each of these entities has a 

general recordkeeping obligation for 

these requirements under the 

Commission’s regulations (17 CFR 39.20 

for DCOs; 17 CFR 23.606 for SDs and 

MSPs; and 17 CFR 1.73 for FCMs). 

As indicated below, the information 

collection burden arising from the 

regulations primarily is restricted to the 

costs associated with the affected 

registrants’ obligation to maintain 

records related to clearing 

documentation between the customer 

and the customer’s clearing member, 

and trade processing procedures 

between DCOs and FCMs, SDs, and 

MSPs. The information collection 

obligations are necessary to implement 

certain provisions of the CEA, including 

ensuring that registrants exercise 

effective risk management and for the 

efficient operation of trading venues 

among SDs, MSPs, FCMs, and DCOs. 

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. 

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 § 145.9 

of the Commission’s regulations.7

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 https://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. 

Burden Statement: The respondent 

burden for this collection is estimated to 

be as follows: 

Estimated Number of Respondents: 

180. 

Estimated Average Burden Hours per 

Respondent: 40. 

Estimated Total Annual Burden 

Hours per Respondent: 7,200. 

Frequency of Collection: As needed. 

There are no capital costs or operating 

and maintenance costs associated with 

this collection. 

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

Dated: August 22, 2023. 

Christopher Kirkpatrick, 

Secretary of the Commission. 

[FR Doc. 2023–18364 Filed 8–24–23; 8:45 am] 

BILLING CODE 6351–01–P 

CONSUMER FINANCIAL PROTECTION 

BUREAU 

[Docket No. CFPB–2023–0042] 

Agency Information Collection 

Activities: Comment Request 

AGENCY: Consumer Financial Protection 

Bureau. 

ACTION: Notice and request for comment. 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices 58253 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995 

(PRA), the Consumer Financial 

Protection Bureau (CFPB) is requesting 

the Office of Management and Budget’s 

(OMB’s) approval for a new information 

collection titled ‘‘CFPB National AgeFriendly Banking Survey.’’ 

DATES: Written comments are 

encouraged and must be received on or 

before September 25, 2023 to be assured 

of consideration. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. In general, all 

comments received will become public 

records, including any personal 

information provided. Sensitive 

personal information, such as account 

numbers or Social Security numbers, 

should not be included. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be directed to Anthony May, 

Paperwork Reduction Act Officer, at 

(202) 435–7278, or email: CFPB_PRA@

cfpb.gov. If you require this document 

in an alternative electronic format, 

please contact CFPB_Accessibility@

cfpb.gov. Please do not submit 

comments to these email boxes. 

SUPPLEMENTARY INFORMATION: 

Title of Collection: CFPB National 

Age-Friendly Banking Survey. 

OMB Control Number: 3170–00XX. 

Type of Review: New collection. 

Affected Public: Individuals or 

households. 

Estimated Number of Respondents: 

5,528. 

Estimated Total Annual Burden 

Hours: 817. 

Abstract: Older adults are 

increasingly becoming an important 

customer base for banks and credit 

unions. This proposed survey examines 

how banking experiences may vary as 

people age and how they may differ for 

specific subpopulations of older adults 

that face unique challenges related to 

accessibility and quality of banking 

services (such as older adults living in 

rural communities, older adults of color, 

and the oldest segment of the 

population (75 and older)). 

Additionally, the survey will enable the 

CFPB to understand the experiences of 

older adults with banking, including 

challenges and opportunities for 

adoption of ‘‘age-friendly’’ account 

features. The survey will collect 

information on respondents’ 

experiences with their primary bank or 

credit union specifically regarding: 

• Background information about type 

of institution, length and quality of the 

relationship; 

• Importance, availability, and use of 

‘‘age-friendly’’ banking features; 

• Experiences with fraud and scams 

and financial caregiving involving 

accounts with their primary bank; 

• Use and accessibility of banking 

services; and 

• Other aspects of the relationship 

with their primary financial institution, 

including credit and loans. 

The survey is supplemented with 

existing panelists’ responses to 

demographic, geographic, and financial 

questions. The results will inform: 

• CFPB’s age-friendly banking 

educational, regulatory, and policy 

work; 

• Banks, lenders, and financial 

institutions’ initiatives and resources 

focused on financial inclusion of older 

adults; and 

• State, local, and community entities 

seeking to strengthen the financial 

inclusion component of their ‘‘agefriendly’’ community plans. 

The data gathered through this survey 

will empower many other 

governmental, nonprofit, and other 

entities to conduct analysis on topics of 

interest relevant to their work. These 

entities can apply their findings to 

enhance consumer protections and 

expand age-friendly banking products 

and services nationwide. 

Request for Comments: The CFPB 

published a 60-day Federal Register 

notice on May 22, 2023 (88 FR 32757) 

under Docket Number: CFPB–2023– 

0035. The CFPB is publishing this 

notice and soliciting comments on: (a) 

Whether the collection of information is 

necessary for the proper performance of 

the functions of the CFPB, including 

whether the information will have 

practical utility; (b) The accuracy of the 

CFPB’s estimate of the burden of the 

collection of information, including the 

validity of the methods and the 

assumptions used; (c) Ways to enhance 

the quality, utility, and clarity of the 

information to be collected; and (d) 

Ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology. 

Comments submitted in response to this 

notice will be reviewed by OMB as part 

of its review of this request. All 

comments will become a matter of 

public record. 

Anthony May, 

Paperwork Reduction Act Officer, Consumer 

Financial Protection Bureau. 

[FR Doc. 2023–18349 Filed 8–24–23; 8:45 am] 

BILLING CODE 4810–AM–P 

CONSUMER PRODUCT SAFETY 

COMMISSION 

Sunshine Act Meetings 

TIME AND DATE: Tuesday, August 22, 

2023—10:00 a.m. Open; and Tuesday, 

August 29, 2023—11:00 a.m. Closed 

(See MATTERS TO BE CONSIDERED 

for each meeting). 

PLACE: The meetings will be held 

remotely, and in person at 4330 EastWest Highway, Bethesda, Maryland 

20814. 

STATUS: Commission Meetings—Open to 

the Public (10:00 a.m.) and Closed to the 

Public (11:00 a.m.) 

MATTERS TO BE CONSIDERED: 

Briefing Matter: 

Notice of Proposed Rulemaking— 

Safety Standard for Nursing Pillows. 

To attend virtually, please use the 

following link and details below: 

https://cpsc.webex.com/cpsc/

j.php?MTID=mf92f68fa850e5

d90839f2d57480973e5. 

Join by phone: +1–415–527–5035 US 

Toll. 

Access code: 276 320 94287. 

Briefing Matter: 

Closed meeting topic. 

CONTACT PERSON FOR MORE INFORMATION: 

Alberta E. Mills, Office of the Secretary, 

U.S. Consumer Product Safety 

Commission, 4330 East-West Highway, 

Bethesda, MD 20814, 301–504–7479 

(Office) or 240–863–8938 (Cell). 

Dated: August 22, 2023. 

Alberta E. Mills, 

Commission Secretary. 

[FR Doc. 2023–18441 Filed 8–23–23; 11:15 am] 

BILLING CODE 6355–01–P 

DEPARTMENT OF DEFENSE 

Department of the Air Force 

Department of the Air Force Scientific 

Advisory Board; Notice of Federal 

Advisory Committee Meeting 

AGENCY: Department of the Air Force 

Scientific Advisory Board, Department 

of the Air Force. 

ACTION: Notice of federal advisory 

committee meeting. 


ddrumheller on DSK120RN23PROD with NOTICES1