24972 Federal Register / Vol. 87, No. 81 / Wednesday, April 27, 2022 / Notices 

1 17 CFR 145.9. 

2An 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 conrol number. See 46 FR 63035 (Dec. 30, 

1981). 3 17 CFR 23.500–23.505. 

4 7 U.S.C. 6s(f), (g) & (i). 

5For the definition of SD, see Section 1a(49) of 

the CEA and Commission regulation 1.3; 7 U.S.C. 

1a(49) and 17 CFR 1.3. 

6For the definitions of MSP, see Section 1a(33) 

of the CEA and Commission regulation 1.3; 7 U.S.C. 

1a(33) and 17 CFR 1.3. 

the challenges that the grant application 

process can pose for disadvantaged 

communities, NTIA seeks to make this 

process more equitable for all of its 

potential applicants for the broadband 

grant programs enacted in the 

Infrastructure Act, including those with 

limited resources and/or technical 

expertise. In order to do so, NTIA 

created new forms for use in the 

application process which will provide 

structured questions and guidance 

concerning the kind of discrete and 

structured data required for successful 

applications. The new forms will create 

greater efficiencies in the NTIA grant 

program, which will likely result in 

enhanced timing and information 

accuracy beneficial to program 

applicants. NTIA believes that a 

significant number of these prospective 

applicants will be Tribal governments or 

other entities associated with 

disadvantaged communities. NTIA 

further believes that the abovediscussed new forms will offer these 

applicants greater opportunities for 

meaningful participation in the 

Broadband programs than they would 

otherwise enjoy while lessening overall 

application review burdens. 

Affected Public: Entities applying for 

Infrastructure Act Broadband Grant 

Program funding. 

Frequency: Once per application. 

Respondent’s Obligation: Mandatory 

for entities applying for Infrastructure 

Act Broadband Grant Program funding. 

Legal Authority: Infrastructure 

Investment and Jobs Act (Infrastructure 

Act), 2021, Public Law 117–58, 135 Stat. 

429. 

This information collection request 

may be viewed at www.reginfo.gov. 

Follow the instructions to view the 

Department of Commerce collections 

currently under review by OMB. 

Written comments and 

recommendations for the proposed 

information collection should be 

submitted within 30 days of the 

publication of this notice on the 

following website 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 and 

entering the title of the collection. 

Sheleen Dumas, 

Department PRA Clearance Officer, Office of 

the Chief Information Officer, Commerce 

Department. 

[FR Doc. 2022–08919 Filed 4–26–22; 8:45 am] 

BILLING CODE 3510–60–P 

COMMODITY FUTURES TRADING 

COMMISSION 

Agency Information Collection 

Activities Under OMB Review 

AGENCY: Commodity Futures Trading 

Commission. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act of 1995 

(‘‘PRA’’), this notice announces that the 

information collection request 

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 information 

collection request describes the nature 

of the information collection and its 

expected costs and burden. 

DATES: Comments must be submitted on 

or before May 27, 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://www.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 these 

collections, at https://comments.

cftc.gov/FederalRegister/PublicInfo.

aspx. 

Or by either of the following methods: 

• Mail: Christopher Kirkpatrick, 

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. 

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 § 145.9 

of the Commission’s regulations.1 The 

Commission reserves the right, but shall 

have no obligation, to review, prescreen, 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 

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. 

FOR FURTHER INFORMATION CONTACT: 

Jacob Chachkin, Associate Chief 

Counsel, Market Participants Division, 

Commodity Futures Trading 

Commission, (202) 418–5496; email: 

jchachkin@cftc.gov. 

SUPPLEMENTARY INFORMATION: 

Title: Confirmation, Portfolio 

Reconciliation, Portfolio Compression, 

and Swap Trading Relationship 

Documentation Requirements for Swap 

Dealers and Major Swap Participants 

(OMB Control Nos. 3038–0068, 3038– 

0083, 3038–0088). This is a request for 

an extension of currently approved 

information collections.2

Abstract: On September 11, 2012 the 

Commission adopted Commission 

Regulations 23.500–23.505 

(Confirmation, Portfolio Reconciliation, 

Portfolio Compression, and Swap 

Trading Relationship Documentation 

Requirements for Swap Dealers and 

Major Swap Participants) 3 under 

sections 4s(f), (g) and (i) 4 of the 

Commodity Exchange Act (‘‘CEA’’). 

Commission regulations 23.500–23.505 

require, among other things, that swap 

dealers (‘‘SDs’’) 5 and major swap 

participants (‘‘MSPs’’) 6 develop and 


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Federal Register / Vol. 87, No. 81 / Wednesday, April 27, 2022 / Notices 24973 

7SDs and MSPs are required to maintain all 

records of policies and procedures in accordance 

with Commission regulations 23.203 and, by 

extension, 1.31, including policies, procedures, and 

models used for eligible master netting agreements 

and custody agreements that prohibit custodian of 

margin from re-hypothecating, repledging, reusing, 

or otherwise transferring the funds held by the 

custodian. See 17 CFR 1.31 and 23.203. 1 17 CFR 145.9. 

retain written swap trading relationship 

documentation. The regulations also 

establish requirements for SDs and 

MSPs regarding swap confirmation, 

portfolio reconciliation, and portfolio 

compression. Under the regulations, 

SDs and MSPs are obligated to maintain 

records of the policies and procedures 

required by the rules.7

Confirmation, portfolio reconciliation, 

and portfolio compression are important 

post-trade processing mechanisms for 

reducing risk and improving operational 

efficiency. The information collection 

obligations imposed by the regulations 

are necessary to ensure that each SD and 

MSP maintains the required records of 

their business activities and an audit 

trail sufficient to conduct 

comprehensive and accurate trade 

reconstruction. The information 

collections contained in the regulations 

are also essential to ensuring that SDs 

and MSPs document their swaps, 

reconcile their swap portfolios to 

resolve discrepancies and disputes, and 

wholly or partially terminate some or all 

of their outstanding swaps through 

regular portfolio compression exercises. 

The collections of information are 

mandatory. 

On February 23, 2022, the 

Commission published in the Federal 

Register notice of the proposed 

extension of these information 

collections and provided 60 days for 

public comment on the proposed 

extension, 87 FR 10175 (‘‘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 burdens for 

the collections to reflect the current 

number of respondents and estimated 

burden hours. The respondent burdens 

for the collections are estimated to be as 

follows: 

• OMB Control No. 3038–0068 

(Confirmation, Portfolio 

Reconciliation, and Portfolio 

Compression Requirements for Swap 

Dealers and Major Swap Participants) 

Number of Registrants: 107. 

Estimated Average Burden Hours per 

Registrant: 1,274.5. 

Estimated Aggregate Burden Hours: 

136,371.5. 

Frequency of Recordkeeping: As 

applicable. 

• OMB Control No. 3038–0083 (Orderly 

Liquidation Termination Provision in 

Swap Trading Relationship 

Documentation for Swap Dealers and 

Major Swap Participants) 

Number of Registrants: 107. 

Estimated Average Burden Hours per 

Registrant: 270. 

Estimated Aggregate Burden Hours: 

28,890. 

Frequency of Recordkeeping: As 

applicable. 

• OMB Control No. 3038–0088 (Swap 

Trading Relationship Documentation 

Requirements for Swap Dealers and 

Major Swap Participants) 

Number of Registrants: 107. 

Estimated Average Burden Hours per 

Registrant: 6,284. 

Estimated Aggregate Burden Hours: 

672,388. 

Frequency of Recordkeeping: As 

applicable. 

There are no capital costs or operating 

and maintenance costs associated with 

this collection. 

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

Dated: April 22, 2022. 

Robert Sidman, 

Deputy Secretary of the Commission. 

[FR Doc. 2022–09020 Filed 4–26–22; 8:45 am] 

BILLING CODE 6351–01–P 

COMMODITY FUTURES TRADING 

COMMISSION 

Agency Information Collection 

Activities Under OMB Review 

AGENCY: Commodity Futures Trading 

Commission. 

ACTION: Notice. 

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 May 27, 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. 3038–0075, at https://

comments.cftc.gov/FederalRegister/

PublicInfo.aspx. 

Or by either of the following methods: 

• Mail: Christopher Kirkpatrick, 

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. 

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 § 145.9 

of the Commission’s regulations.1 The 

Commission reserves the right, but shall 

have no obligation, to review, prescreen, 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 

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. 

FOR FURTHER INFORMATION CONTACT: 

Christopher Cummings, Special 

Counsel, Market Participants Division, 

Commodity Futures Trading 

Commission, Three Lafayette Centre, 

1155 21st Street NW, Washington, DC 


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