[Federal Register Volume 62, Number 197 (Friday, October 10, 1997)]
[Notices]
[Pages 52977-52978]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-26895]


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COMMODITY FUTURES TRADING COMMISSION


Public Information Collection Requirement

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of intent to renew information collection #3038-0016: 
Compliance with Requirements for Designation as a Contract Market.

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SUMMARY: The Commodity Futures Trading Commission is planning to renew 
information collection 3038-0016, Compliance with Requirements for 
Designation as a Contract Market, which is due to expire on February 
28, 1998. The information collected pursuant to this rule provides a 
basis for determining that the terms and conditions of a futures 
contract reflect current commercial practices and that the contract 
serves an economic purpose. In compliance with the Paperwork Reduction 
Act of 1995, the Commission solicits comments to:

    (1) Evaluate whether the collection of information is necessary 
for the proper performance of the functions of the agency, including 
the validity of the methodology and assumptions used: (2) evaluate 
the accuracy of the agency's estimate of the burden of the 
collection of information including the validity of the methodology 
and assumptions used; (3) enhance the quality, utility, and clarity 
of the information to be collected; and (4) minimize the burden of 
the collection of the 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.

DATES: Comments must be received on or before December 9, 1997.

ADDRESSES: Persons wishing to comment on this information collection 
should contact the CFTC Clearance Officer, 1155 21st Street NW, 
Washington, DC 20581, (202) 418-5160.
    Title: Compliance with Requirements for Designation as a Contract 
Market.
    Control Number: 3038-0016.
    Action: Extension.
    Respondents: Contract Markets.
    Estimated Annual Burden: 500 hours.

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                                                                          Estimated                   Est. avg. 
                       Respondents                         Regulation     number of      Annual      hours. per 
                                                            (17 CFR)     respondents    responses     response  
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Contract Markets........................................          1.50             1             1           250
                                                                   5.2             1             1           250
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[[Page 52978]]

    Issued in Washington, D.C. on October 3, 1997.
Jean A. Webb,
Secretary to the Commission.
[FR Doc. 97-26895 Filed 10-9-97; 8:45 am]
BILLING CODE 6351-01-M