[Federal Register Volume 77, Number 43 (Monday, March 5, 2012)]
[Notices]
[Pages 13101-13102]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-5222]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice of intent to renew.

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SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), 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; it 
includes the actual data collection instruments (if any).

DATES: Comments must be submitted on or before April 4, 2012.

ADDRESSES: Send comments regarding the burden estimated or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to the addresses below. Please refer to OMB 
Control No. 3038-0021 in any correspondence.

Martin B. White, Office of the General Counsel, Commodity Futures 
Trading Commission, 1155 21st Street NW., Washington, DC 20581;
and
Office of Information and Regulatory Affairs, Office of Management and 
Budget, Attention: Desk Officer for CFTC, 725 17th Street Washington, 
DC 20503.

    Comments may also be submitted by any of the following methods:
    The agency's Web site, at http://comments.cftc.gov. Follow the 
instructions for submitting comments through the Web site.
    Mail: David A. Stawick, Secretary of the Commission, Commodity 
Futures Trading Commission, Three Lafayette Centre, 1155 21st Street 
NW., Washington, DC 20581.
    Hand Delivery/Courier: Same as mail above.
    Federal eRulemaking Portal: http://www.regulations.gov. Follow the 
instructions for submitting comments.
    Please submit your comments using only one method and identity that 
it is for the renewal of 3038-0021.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments will be posted as received to 
www.cftc.gov. 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 
Sec.  145.9 of the Commission's regulations. See 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Martin B. White, Office of the General 
Counsel, Commodity Futures Trading Commission, 1155 21st Street NW., 
Washington, DC 20581, (202) 418-5129; Fax: (202) 418-5567; email: 
<a href="/cdn-cgi/l/email-protection#503d273839243510333624337e373f26"><span class="__cf_email__" data-cfemail="1c716b747568795c7f7a687f327b736a">[email protected]</span></a> and refer to OMB Control No. 3038-0021.

SUPPLEMENTARY INFORMATION: 
    Title: Regulations Governing Bankruptcies of Commodity Brokers (OMB 
Control No. 3038-0021). This is a request for extension of a currently 
approved information collection.
    Abstract: This collection of information involves recordkeeping and 
notice requirements in the CFTC's bankruptcy rules for commodity broker 
liquidations, 17 CFR Part 190. These requirements are intended to 
facilitate the effective, efficient, and fair conduct of liquidation 
proceedings for commodity brokers and to protect the interests of 
customers in these proceedings.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid OMB control number. The OMB control numbers for the 
CFTC's regulations were published on December 30, 1981. See 46 FR 63035 
(Dec. 30, 1981). The Federal Register notice with a 60-day comment 
period soliciting comments on this collection of information was 
published on December 29, 2012 (73 FR 81916).
    Burden statement: Commodity broker liquidations occur at 
unpredictable and irregular intervals; for purposes of estimating 
information collection burden this notice assumes an average of one 
commodity broker liquidation every three years. The CFTC further notes 
that the information collection burden will vary in particular 
commodity broker liquidations depending on the size of the commodity 
broker, the extent to which accounts are able to be quickly 
transferred, and other factors specific to the circumstances of the 
liquidation. The Commission estimates the average burden of this 
collection of information as follows:

Rule 190.02(a)(1)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 2.
    Estimated Hours per Response: .5.
    Estimated Total Hours per Year: .33.

Rule 190.02(a)(2)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 1.
    Estimated Hours per Response: 2.
    Estimated Total Hours per Year: .67.

Rule 190.02(b)(1)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 4.
    Estimated Hours per Response: 1.
    Estimated Total Hours per Year: 1.32.

Rule 190.02(b)(2)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: .1.
    Estimated Total Hours per Year: 330.

Rule 190.02(b)(3)

    Estimated Respondents or Recordkeepers per Year: .05 (rarely if 
ever occurs).
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: .2.
    Estimated Total Hours per Year: 100.

Rule 190.02(b)(4)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10,000.
    Estimated Hours per Response: .2.
    Estimated Total Hours per Year: 660.

Rule 190.02(c)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 10.
    Estimated Hours per Response: 10.
    Estimated Total Hours per Year: 33.

Rule 190.03(a)(1)

    Estimated Respondents or Recordkeepers per Year: .33.

[[Page 13102]]

    Estimated Reports Annually per Respondent or Recordkeeper: 20,000.
    Estimated Hours per Response: .01.
    Estimated Total Hours per Year: 66.

Rule 190.03(a)(2)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 20,000.
    Estimated Hours per Response: .02.
    Estimated Total Hours per Year: 132.

Rule 190.04(b)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 40,000.
    Estimated Hours per Response: .01.
    Estimated Total Hours per Year: 132.

Rule 190.06(b)

    Estimated Respondents or Recordkeepers per Year: .33.
    Estimated Reports Annually per Respondent or Recordkeeper: 1.
    Estimated Hours per Response: 1.
    Estimated Total Hours per Year: .33.

Rule 190.06(d)

    Estimated Respondents or Recordkeepers per Year: 125.
    Estimated Reports Annually per Respondent or Recordkeeper: 1000.
    Estimated Hours per Response: .05.
    Estimated Total Hours per Year: 6250.

Rule 190.10(c)

    Estimated Respondents or Recordkeepers per Year: 125.
    Estimated Reports Annually per Respondent or Recordkeeper: 1000.
    Estimated Hours per Response: .05.
    Estimated Total Hours per Year: 6250.
    There are estimated to be no capital costs or operating and 
maintenance costs associated with this collection.

     Dated February 28, 2012.
David A. Stawick,
Secretary of the Commission.
[FR Doc. 2012-5222 Filed 3-2-12; 8:45 am]
BILLING CODE 6351-01-P


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