[Federal Register Volume 87, Number 19 (Friday, January 28, 2022)]
[Notices]
[Pages 4568-4569]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01715]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities Under OMB Review

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act of 1995 
(``PRA''), this notice announces that the Information Collection 
Request (``ICR'') abstracted below has been forwarded to the Office of 
Information and Regulatory Affairs (``OIRA''), of 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.

DATES: Comments must be submitted on or before February 28, 2022.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be submitted within 30 days of this 
notice's publication to OIRA, at https://www.reginfo.gov/public/do/PRAMain. Please find this particular information collection by 
selecting ``Currently under 30-day Review--Open for Public Comments'' 
or by using the website's search function. Comments can be entered 
electronically by clicking on the ``comment'' button next to the 
information collection on the ``OIRA Information Collections Under 
Review'' page, or the ``View ICR--Agency Submission'' page. A copy of 
the supporting statement for the collection of information discussed 
herein may be obtained by visiting https://www.reginfo.gov/public/do/PRAMain.
    In addition to the submission of comments to https://Reginfo.gov as 
indicated above, a copy of all comments submitted to OIRA may also be 
submitted to the Commodity Futures Trading Commission (the 
``Commission'' or ``CFTC'') by clicking on the ``Submit Comment'' box 
next to the descriptive entry for OMB Control No. 3038-0104, at https://comments.cftc.gov/FederalRegister/PublicInfo.aspx.
    Or by either of the following methods:
    <bullet> Mail: Christopher Kirkpatrick, Secretary of the 
Commission, Commodity Futures Trading Commission, Three Lafayette 
Centre, 1155 21st Street NW, Washington, DC 20581.
    <bullet> Hand Delivery/Courier: Same as Mail above.
    All comments must be submitted in English, or if not, accompanied 
by an English translation. Comments submitted to the Commission should 
include 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.\1\ 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

[[Page 4569]]

be inappropriate for publication, such as obscene language. All 
submissions that have been redacted or removed that contain comments on 
the merits of the ICR 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.
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    \1\ 17 CFR 145.9.

FOR FURTHER INFORMATION CONTACT: Melissa A. D'Arcy, Special Counsel, 
Division of Clearing and Risk, Commodity Futures Trading Commission, 
(202) 418-5086; email: <a href="/cdn-cgi/l/email-protection#9bf6fffae9f8e2dbf8fdeff8b5fcf4ed"><span class="__cf_email__" data-cfemail="660b020714051f260500120548010910">[email protected]</span></a>, and refer to OMB Control No. 
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3038-0104.

SUPPLEMENTARY INFORMATION:
    Title: Clearing Exemption for Swaps Between Certain Affiliated 
Entities (OMB Control No. 3038-0104). This is a request for an 
extension of a currently approved information collection.
    Abstract: Section 2(h)(1)(A) of the Commodity Exchange Act requires 
certain entities to submit for clearing certain swaps if they are 
required to be cleared by the Commission. Commission regulation 50.52 
permits certain affiliated entities to elect not to clear inter-
affiliate swaps that otherwise would be required to be cleared, 
provided that they meet certain conditions. The rule further requires 
the reporting of certain information if the inter-affiliate exemption 
from clearing is elected. The Commission will use the information 
described in this collection and reported pursuant to Commission 
regulation 50.52 to monitor the use of the inter-affiliate exemption 
from the Commission's swap clearing requirement and to assess any 
potential market risks associated with such exemption.
    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. On November 23, 2021, the 
Commission published in the Federal Register notice of the proposed 
extension of this information collection and provided 60 days for 
public comment on the proposed extension, 86 FR 66537 (``60-Day 
Notice'') The Commission did not receive any relevant comments on the 
60-Day Notice.
    Burden Statement: The Commission is revising its estimate of the 
burden for this collection for counterparties to swaps between certain 
affiliated entities that elect the inter-affiliate exemption under 
Commission regulation 50.52. The respondent burden for this collection 
is estimated to be as follows:
    Estimated Number of Respondents: 200.
    Estimated Average Burden Hours per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 200 hours.
    Frequency of Collection: Annually; on occasion.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: January 25, 2022.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2022-01715 Filed 1-27-22; 8:45 am]
BILLING CODE 6351-01-P


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