39506 Federal Register / Vol. 87, No. 126 / Friday, July 1, 2022 / Notices 

1 17 CFR 145.9. 

2Rounded off from 250.7714033. 

3This figure is derived from 250.7714033 (burden 

hours per respondent) × 1,133 respondents = 

284,124. 

4For example, FCMs have both daily and 

monthly financial reporting obligations, annual 

certified financial and compliance report 

obligations, and periodic notice requirements. 

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: 

Jennifer Bauer, Special Counsel, Market 

Participants Division, Commodity 

Futures Trading Commission, Three 

Lafayette Centre, 1155 21st Street NW, 

Washington, DC 20581; (202) 418–5472; 

email: jbauer@cftc.gov. 

SUPPLEMENTARY INFORMATION:

Title: Regulations and Forms 

Pertaining to the Financial Integrity of 

the Marketplace (OMB Control No. 

3038–0024). This is a request for an 

extension of a currently approved 

information collection. 

Abstract: The Commission is the 

independent federal regulatory agency 

charged with providing various forms of 

customer protection so that users of the 

commodity markets can be assured of 

the financial integrity of the markets 

and the intermediaries that they employ 

in their trading activities. Part 1 of the 

Commission’s regulations requires, 

among other things, that commodity 

brokers—known as futures commission 

merchants (‘‘FCMs’’), or Introducing 

Brokers (‘‘IBs’’), comply with certain 

minimum financial requirements. In 

order to monitor compliance with these 

financial standards, the Commission has 

required FCMs and IBs to file financial 

reports with the Commission and with 

the designated self-regulatory 

organization of which they are members 

as well as to report to the Commission 

should certain financial requirements 

drop below prescribed minimums. 

In 2008, the U.S. Congress passed the 

Food, Conservation, and Energy Act of 

2008, Public Law 110–246, 122 Stat. 

1651, 2189–2204 (2008), also known as 

the Farm Bill. The Farm Bill provided 

the Commission with new authority 

with regard to the regulation of offexchange retail forex transactions. 

Among other things, it directed the 

Commission to draft rules effectuating 

registration provisions for a new 

category of registrant—the retail foreign 

exchange dealer (‘‘RFED’’). Under the 

terms of the legislation, RFEDs are 

subject to the same capital requirements 

as FCMs that are engaged in retail forex 

transactions, and, therefore, subject to 

the same reporting requirements. 

Accordingly, this collection was 

amended to reflect the financial 

reporting requirements of the new 

category of registrant, RFEDs. 

In 2010, the U.S. Congress passed the 

Wall Street Reform and Consumer 

Protection Act (the ‘‘Dodd-Frank Act’’), 

Public Law 111–203, 124 Stat. 1376 

(2010), giving the Commission the 

authority to regulate certain swap 

markets and participants in those 

markets. Section 731 of the Dodd-Frank 

Act, amended the Commodity Exchange 

Act (‘‘CEA’’), 7 U.S.C. 1 et seq., to add, 

as section 4s(e) thereof, provisions 

concerning the setting of capital and 

initial and variation margin 

requirements for swap dealers (‘‘SDs’’) 

and major swap participants (‘‘MSPs’’). 

In 2016 and 2020 respectively, the 

Commission finalized the Margin 

Requirements for Uncleared Swaps for 

Swap Dealers and Major Swap 

Participants rule and the Capital 

Requirements for Swap Dealers and 

Major Swap Participants rule to 

implement those requirements. 

Specifically, such rules include 

financial reporting and recordkeeping, 

as well as application processes for 

model approval for both capital and 

margin models for SDs and MSPs that 

do not have a prudential regulator 

(‘‘Covered Swap Entities’’ or ‘‘CSEs’’). 

Separately, in 2013, the Commission 

finalized rules in an effort to prevent 

unauthorized usage of customer funds 

by FCMs and RFEDs. The final rules 

included modifications to the reporting 

requirements required by the 

Commission which resulted in changes 

to the financial statements filed by 

FCMs and RFEDs, and made some of the 

recordkeeping requirements already 

contained in this OMB Collection 

Number 3038–0024 into reporting 

requirements. These rules added 

additional recordkeeping requirements 

by FCMs to assure the segregation of 

customer funds. This collection, OMB 

Control No. 3038–0024, is needed for 

the Commission to continue its financial 

monitoring of its registrants. 

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 April 29, 2022, 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, 87 

FR 25468 (‘‘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 to reflect the current 

number of respondents and estimated 

burden hours. The Commission is 

revising its estimate of the burden for 

this collection for approximately 61 

FCMs and RFEDs, 53 CSEs and 1,019 

IBs. The respondent burden for this 

collection is estimated to be as follows: 

Estimated Number of Respondents: 

1,133. 

Estimated Average Burden Hours per 

Respondent: 251 hours.2

Estimated Total Annual Burden 

Hours: 284,124 hours.3

Frequency of Collection: At various 

intervals.4

There are no capital costs or operating 

and maintenance costs associated with 

this collection. 

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

Dated: June 27, 2022. 

Robert Sidman, 

Deputy Secretary of the Commission. 

[FR Doc. 2022–14086 Filed 6–30–22; 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 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 87, No. 126 / Friday, July 1, 2022 / Notices 39507 

1 17 CFR 145.9. 

2The Commission notes that the terms 

‘‘registered’’ and ‘‘designated’’ are used 

interchangeably and mean the same thing. 

3 7 U.S.C. 1 et seq. 

4See Dodd-Frank Wall Street Reform and 

Consumer Protection Act, Public Law 111–203, tit. 

VII, 124 Stat. 1376 (2010) (codified as amended in 

various sections of 7 U.S.C.), available at https://

www.cftc.gov/sites/default/files/idc/groups/public/ 

@lrfederalregister/documents/file/2013-12242a.pdf. 

5Section 38.707 specifically references Part 9. 

Accordingly, the Commission’s previous 

information collection estimates under Part 38 have 

included compliance with Part 9 to the extent 

applicable to DCMs. The Commission is referencing 

DCMs’ compliance obligations with Part 9 for the 

sake of clarity, but this does not represent a new 

or modified information collection. 

6The Commission notes that § 38.605 

incorporates and references § 1.52. Accordingly, the 

Commission’s previous information collection 

estimates under Part 38 have included compliance 

with § 1.52 to the extent applicable to DCMs. The 

Commission is referencing DCMs’ compliance 

obligations with § 1.52 for the sake of clarity, but 

this does not represent a new or modified 

information collection. 

7For the collections related to Commission 

regulation 38.251(g), the Commission notes that the 

number of registered, active DCMs has decreased 

from 17 to 16. This decrease is reflected below for 

collections related to Commission regulation 

38.251(g). However, despite this decrease, the total 

information collection burdens for OMB control 

number 3038–0052 will increase. 

(‘‘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 August 1, 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. 3038–0052, 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: 

Roger Smith, Associate Chief Counsel, 

Division of Market Oversight, 

Commodity Futures Trading 

Commission, Three Lafayette Centre, 

1155 21st Street NW, Washington, DC 

20581; 202–418–5344; email: rsmith@

cftc.gov. 

SUPPLEMENTARY INFORMATION:

Title: Core Principles & Other 

Requirements for DCMs (OMB Control 

No. 3038–0052). This is a request for a 

revision and extension of a currently 

approved information collection. 

Abstract: The regulations governing 

designated contract markets (‘‘DCMs’’) 

originally were adopted pursuant to the 

Commodity Futures Modernization Act 

of 2000, which amended section 5 of the 

Commodity Exchange Act (‘‘CEA’’) to 

impose requirements concerning the 

registration 2 and operation of DCMs.3

The DCM statutory framework 

subsequently was revised as a result of 

further amendments to the CEA under 

Title VII of the Dodd-Frank Wall Street 

Reform and Consumer Protection Act 

(‘‘Dodd-Frank Act’’).4 Part 38 of the 

Commission’s regulations governs the 

activities of DCMs. The information 

collected pursuant to Part 38 is 

necessary for the Commission to 

evaluate whether entities operating as, 

or applying to become, DCMs comply 

with the Part 38 and other Commission 

requirements and the CEA’s statutory 

requirements. 

Collection 3038–0052 was created in 

response to the Part 38 regulatory 

requirements for DCMs. In general, 

OMB Control Number 3038–0052 covers 

all information collections in Part 38, 

including Subpart A and the DCM core 

principles (i.e., Subparts B through X) as 

well as the related appendices thereto 

(i.e., Appendix A—Form DCM; 

Appendix B—Guidance on, and 

Acceptable Practices in, Compliance 

with Core Principles; and Appendix C— 

Demonstration of Compliance That a 

Contract Is Not Readily Susceptible to 

Manipulation). Further, this OMB 

control number, 3038–0052, also 

includes all information collections 

related to Part 9 (‘‘Rules Relating to 

Review of Exchange Disciplinary, 

Access Denial or Other Adverse 

Actions’’) to the extent Part 9 is 

applicable to DCMs.5 This collection 

also includes the requirements under 

regulation 38.251(g) in connection with 

the reporting of specific market 

disruption events to the Commission. 

This OMB control number, 3038– 

0052, also includes collections under 

regulation 1.52 regarding the Enhanced 

Protections Afforded Customer and 

Customer Funds Held by Futures 

Clearing Merchants and Derivatives 

Clearing Organizations. Commission 

regulation 1.52 imposes information 

collection burdens on DCMs.6

Additionally, this OMB control 

number, 3038–0052, also includes 

collections under regulation 38.1051(n) 

that relate to system safeguards and 

cybersecurity testing requirements and 

requires DCMs to provide the 

Commission with annual trading 

volume information. 

For the majority of collections under 

OMB control number 3038–0052, the 

Commission notes that the number of 

registered, active DCMs has increased 

from 14 to 16. This increase in the 

number of registered DCMs will 

increase the total information collection 

burdens for OMB control number 3038– 

0052 as shown below.7

An agency may not conduct or 

sponsor, and a person is not required to 


khammond on DSKJM1Z7X2PROD with NOTICES
39508 Federal Register / Vol. 87, No. 126 / Friday, July 1, 2022 / Notices 

respond to, a collection of information 

unless it displays a currently valid OMB 

control number. On April 28, 2022, 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, 87 

FR 25228 (‘‘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 to reflect the current 

number of respondents and estimated 

burden hours. The respondent burden 

for this collection is estimated to be as 

follows: 

• Regulatory & Core Principle 

Compliance Part 38 (Subparts A–W) and 

related Appendices: 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 330. 

Estimated Total Annual Burden 

Hours: 5,280. 

Frequency of Collection: per Trading 

Day. 

• § 1.52 (Examination Program and 

Audit of Program): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 49. 

Estimated Total Annual Burden 

Hours: 784. 

Frequency of Collection: Annually. 

• Core Principle 16 ‘‘Conflicts of 

Interest’’ and Related Acceptable 

Practices (Annual Assessment Report): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 70. 

Estimated Total Annual Burden 

Hours: 1,120. 

Frequency of Collection: Annually. 

• § 38.1101 et al (Quarterly Financial 

Reports): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 40. 

Estimated Total Annual Burden 

Hours: 640. 

Frequency of Collection: Quarterly. 

• § 38.1051(n) (Required Production 

of Annual Trading Volume): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 0.5. 

Estimated Total Annual Burden 

Hours: 8. 

Frequency of Collection: Annually. 

• § 38.3 and Form DCM (DCM 

Registration): 

Estimated Number of Respondents: 4. 

Estimated Average Burden Hours per 

Respondent: 300. 

Estimated Total Annual Burden 

Hours: 1,200 hours. 

Frequency of Collection: As 

applicable. 

• § 38.251(g) (Required Market 

Disruptions Notifications): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 66.4 hours. 

Estimated Total Annual Burden 

Hours: 1,062.4 hours. 

Frequency of Collection: As needed. 

• §§ 38.950 and 38.951 

(Recordkeeping Related to Compliance 

with 38.251(g)): 

Estimated Number of Respondents: 

16. 

Estimated Average Burden Hours per 

Respondent: 25 hours. 

Estimated Total Annual Burden 

Hours: 400 hours. 

Frequency of Collection: As needed. 

• Total Annual Burden for the 

Collection: 10,494.4 hours. 

There are no capital costs or operating 

and maintenance costs associated with 

this collection. 

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

Dated: June 27, 2022. 

Robert Sidman, 

Deputy Secretary of the Commission. 

[FR Doc. 2022–14088 Filed 6–30–22; 8:45 am] 

BILLING CODE 6351–01–P 

DEPARTMENT OF EDUCATION 

[Docket No.: ED–2022–SCC–0036] 

Agency Information Collection 

Activities; Submission to the Office of 

Management and Budget for Review 

and Approval; Comment Request; 2024 

Teaching and Learning International 

Survey (TALIS 2024) Main Study 

Recruitment and Field Test 

AGENCY: Institute of Educational Science 

(IES), Department of Education (ED). 

ACTION: Notice. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, ED is 

proposing a reinstatement with change 

of a previously approved information 

collection. 

DATES: Interested persons are invited to 

submit comments on or before August 1, 

2022. 

ADDRESSES: Written comments and 

recommendations for proposed 

information collection requests should 

be sent within 30 days of publication of 

this notice to https://www.reginfo.gov/ 

public/do/PRAMain. Find this 

information collection request by 

selecting ‘‘Department of Education’’ 

under ‘‘Currently Under Review,’’ then 

check ‘‘Only Show ICR for Public 

Comment’’ checkbox. Reginfo.gov 

provides two links to view documents 

related to this information collection 

request. Information collection forms 

and instructions may be found by 

clicking on the ‘‘View Information 

Collection (IC) List’’ link. Supporting 

statements and other supporting 

documentation may be found by 

clicking on the ‘‘View Supporting 

Statement and Other Documents’’ link. 

Comments may also be sent to 

ICDocketmgr@ed.gov. 

FOR FURTHER INFORMATION CONTACT: For 

specific questions related to collection 

activities, please contact Carrie Clarady, 

202–245–6347. 

SUPPLEMENTARY INFORMATION: The 

Department of Education (ED), in 

accordance with the Paperwork 

Reduction Act of 1995 (PRA) (44 U.S.C. 

3506(c)(2)(A)), provides the general 

public and Federal agencies with an 

opportunity to comment on proposed, 

revised, and continuing collections of 

information. This helps the Department 

assess the impact of its information 

collection requirements and minimize 

the public’s reporting burden. It also 

helps the public understand the 

Department’s information collection 

requirements and provide the requested 

data in the desired format. ED is 

soliciting comments on the proposed 

information collection request (ICR) that 

is described below. The Department of 

Education is especially interested in 

public comment addressing the 

following issues: (1) is this collection 

necessary to the proper functions of the 

Department; (2) will this information be 

processed and used in a timely manner; 

(3) is the estimate of burden accurate; 

(4) how might the Department enhance 

the quality, utility, and clarity of the 

information to be collected; and (5) how 

might the Department minimize the 

burden of this collection on the 

respondents, including through the use 

of information technology. Please note 

that written comments received in 

response to this notice will be 

considered public records. 

Title of Collection: Comment Request; 

2024 Teaching and Learning 

International Survey (TALIS 2024) Main 

Study Recruitment and Field Test. 

OMB Control Number: 1850–0888. 

Type of Review: Reinstatement with 

change of a previously approved 

information collection. 

Respondents/Affected Public: 

Individuals and Households. 


khammond on DSKJM1Z7X2PROD with NOTICES