Federal Register / Vol. 82, No. 179 / Monday, September 18, 2017 / Notices 43527 

Assessment and Fishery Evaluation 

document, future meeting planning, and 

administrative items. Public comment 

may be taken at the discretion of the 

CPSMT Chair. 

Although non-emergency issues not 

contained in the meeting agenda may be 

discussed, those issues may not be the 

subject of formal action during this 

meeting. Action will be restricted to 

those issues specifically listed in this 

document and any issues arising after 

publication of this document that 

require emergency action under section 

305(c) of the Magnuson-Stevens Fishery 

Conservation and Management Act, 

provided the public has been notified of 

the intent to take final action to address 

the emergency. 

Special Accommodations 

This meeting is physically accessible 

to people with disabilities. Requests for 

sign language interpretation or other 

auxiliary aids should be directed to Mr. 

Dale Sweetnam; email: dale.sweetnam@

noaa.gov; phone: (858) 546–7170 at least 

10 days prior to the meeting date. 

Dated: September 13, 2017. 

Tracey L. Thompson, 

Acting Deputy Director, Office of Sustainable 

Fisheries, National Marine Fisheries Service. 

[FR Doc. 2017–19746 Filed 9–15–17; 8:45 am] 

BILLING CODE 3510–22–P 

COMMODITY FUTURES TRADING 

COMMISSION 

Agency Information Collection 

Activities: Notice of Intent To Renew 

Collection Number 3038–0062, OffExchange Foreign Currency 

Transactions 

AGENCY: Commodity Futures Trading 

Commission. 

ACTION: Notice. 

SUMMARY: The Commodity Futures 

Trading Commission (‘‘CFTC’’ or 

‘‘Commission’’) is announcing an 

opportunity for public comment on the 

proposed renewal of a collection of 

certain information by the agency. 

Under the Paperwork Reduction Act 

(‘‘PRA’’), Federal agencies are required 

to publish notice in the Federal Register 

concerning each proposed collection of 

information, including each proposed 

extension of an existing collection of 

information, and to allow 60 days for 

public comment. This notice solicits 

comments on the collections of 

information provided for by part 5 of the 

Commission’s regulations under the 

Commodity Exchange Act (‘‘CEA’’) 

relating to off-exchange foreign currency 

transactions. 

DATES: Comments must be submitted on 

or before November 17, 2017. 

ADDRESSES: You may submit comments, 

identified by ‘‘Off-Exchange Foreign 

Currency Transactions,’’ and Collection 

Number 3038–0062 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: 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. Please submit your 

comments using only one method. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov/. Follow the 

instructions for submitting comments 

through the Portal. 

Please submit your comments using 

only one method. 

All comments must be submitted in 

English, or if not, accompanied by an 

English translation. Comments will be 

posted as received to http://

www.cftc.gov. 

FOR FURTHER INFORMATION CONTACT: 

Lauren Bennett, Special Counsel, 202– 

418–5290, lbennett@cftc.gov, Division of 

Swap Dealer and Intermediary 

Oversight, Commodity Futures Trading 

Commission. 

SUPPLEMENTARY INFORMATION: Under the 

PRA, Federal agencies must obtain 

approval from the Office of Management 

and Budget (OMB) for each collection of 

information they conduct or sponsor. 

‘‘Collection of Information’’ is defined 

in 44 U.S.C. 3502(3) and 5 CFR 1320.3 

and includes agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. Section 

3506(c)(2)(A) of the PRA, 44 U.S.C. 

3506(c)(2)(A), requires Federal agencies 

to provide a 60-day notice in the 

Federal Register concerning each 

proposed collection of information 

before submitting the collection to OMB 

for approval. To comply with this 

requirement, the CFTC is publishing 

notice of the proposed collection of 

information listed below. 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. 

Title: Off-Exchange Foreign Currency 

Transactions (OMB Control No. 3038– 

0062). This is a request for an extension 

of a currently approved information 

collection. 

Abstract: Part 5 of the Commission’s 

regulations under the CEA establishes 

rules applicable to retail foreign 

exchange dealers (‘‘RFEDs’’), futures 

commission merchants (‘‘FCMs’’), 

introducing brokers (‘‘IBs’’), commodity 

trading advisors (‘‘CTAs’’), and 

commodity pool operators (‘‘CPOs’’) 

engaged in the offer and sale of offexchange forex contracts to retail 

customers. Specifically: 

• Regulation 5.5 requires RFEDs, 

FCMs, and IBs to distribute risk 

disclosure statements to new retail forex 

customers. 

• Regulation 5.6 requires RFEDs and 

FCMs to report any failures to maintain 

the minimum capital required by 

Commission regulations. 

• Regulation 5.8 requires RFEDs and 

FCMs to calculate their total retail forex 

obligation. 

• Regulation 5.10 requires RFEDs to 

maintain and preserve certain risk 

assessment documentation. 

• Regulation 5.11(a)(1) requires 

RFEDs to submit certain risk assessment 

documentation to the Commission 

within 60 days of the effective date of 

their registration. 

• Regulation 5.11(a)(2) requires 

RFEDs to submit certain financial 

documentation to the Commission 

within 105 calendar days of the end of 

each fiscal year. RFEDs must also 

submit additional information, if 

requested, regarding affiliates’ financial 

impact on an RFED’s organizational 

structure. 

• Regulation 5.12(a) requires RFED 

applicants to submit a Form 1–FR–FCM 

concurrently with their registration 

application. 

• Regulation 5.12(b) requires 

registered RFEDs to file a Form 1–FR– 

FCM on a monthly and annual basis. 

• Regulation 5.12(g) states that, in the 

event that an RFED cannot file its Form 

1–FR–FCM for any period within the 

time specified in Regulation 5.12(b), the 

RFED may file an application for an 

extension of time with its self-regulatory 

organization. 

• Regulation 5.13(a) requires RFEDs 

and FCMs to provide monthly account 

statements to their customers. 

• Regulation 5.13(b) requires RFEDs 

and FCMs to provide confirmation 

statements to their customers within 

one business day after the execution of 

any retail forex or forex option 

transaction. 

• Regulation 5.14 requires RFEDs and 

FCMs to maintain current ledgers of 

each transaction affecting its asset, 

liability, income, expense and capital 

accounts. 

• Regulation 5.18(g) requires each 

RFED, FCM, CPO, CTA, and IB subject 


sradovich on DSKBBY8HB2PROD with NOTICES
43528 Federal Register / Vol. 82, No. 179 / Monday, September 18, 2017 / Notices 

1Public Law 110–246, 122 Stat. 1651, 2189–220 

(2008). 

2See Regulation of Off-Exchange Retail Foreign 

Exchange Transactions and Intermediaries, 75 FR 

55410, 55416 (Sept. 10, 2010). 3 17 CFR 145.9. 

to part 5 to maintain a record of all 

communications received that give rise 

to possible violations of the Act, rules, 

regulations or orders thereunder related 

to their retail forex business. 

• Regulation 5.18(i) requires each 

RFED and FCM to prepare and maintain 

on a quarterly basis a calculation of nondiscretionary retail forex customer 

accounts open for any period of time 

during the quarter that were profitable, 

and the percentage of such accounts that 

were not profitable. 

• Regulation 5.18(j) requires the CCO 

of each RFED and FCM to certify 

annually that the firm has in place 

processes to establish, maintain, review, 

modify and test policies and procedures 

reasonably designed to achieve 

compliance with the Act, rules, 

regulations and orders thereunder. 

• Regulation 5.19 requires each 

RFED, FCM, CPO, CTA, and IB subject 

to part 5 to submit to the Commission 

copies of any dispositive or partially 

dispositive decision for which a notice 

of appeal has been filed in any material 

legal proceeding (1) to which the firm is 

a party to or to which its property or 

assets is subject with respect to retail 

forex transactions, or (2) instituted 

against any person who is a principal of 

the firm arising from conduct in such 

person’s capacity as a principal of that 

firm. 

• Regulation 5.20 requires RFEDs, 

FCMs and IBs to submit documentation 

requested pursuant to certain types of 

special calls by the Commission. 

• Regulation 5.23 requires RFEDs, 

FCMs and IBs to notify the Commission 

regarding bulk transfers and bulk 

liquidations of customer accounts. 

The rules establish reporting and 

recordkeeping requirements that are 

necessary to implement the provisions 

of the Food, Conservation, and Energy 

Act of 2008 1 regarding off-exchange 

transactions in foreign currency with 

members of the public. The rules are 

intended to promote customer 

protection by providing safeguards 

against irresponsible or fraudulent 

business practices.2

With respect to the collection of 

information, the CFTC invites 

comments on: 

• Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Commission, including whether the 

information will have a practical use; 

• The accuracy of the Commission’s 

estimate of the burden of the proposed 

collection of information, including the 

validity of the methodology and 

assumptions used; 

• Ways to enhance the quality, 

usefulness, and clarity of the 

information to be collected; and 

• Ways to minimize the burden of 

collection of 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. 

All comments must be submitted in 

English, or if not, accompanied by an 

English translation. Comments will be 

posted as received to http://

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 § 145.9 

of the Commission’s regulations.3

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 http://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 Information Collection 

Request 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. 

Burden Statement: The Commission 

is revising its estimate of the burden for 

this collection to reflect the current 

number of affected registrants and 

revised burden estimates. Accordingly, 

the respondent burden for this 

collection is estimated to be as follows: 

Number of Registrants: 169. 

Estimated Average Burden Hours per 

Registrant: 777. 

Estimated Aggregate Burden Hours: 

131,259. 

Frequency of Recordkeeping: As 

applicable. 

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

Dated: September 12, 2017. 

Robert N. Sidman, 

Deputy Secretary of the Commission. 

[FR Doc. 2017–19749 Filed 9–15–17; 8:45 am] 

BILLING CODE 6351–01–P 

DEPARTMENT OF DEFENSE 

Department of the Air Force 

Air University Board of Visitors 

Meeting 

AGENCY: Air University Board of 

Visitors, Department of Air Force. 

ACTION: Notice of meeting. 

Under the provisions of the Federal 

Advisory Committee Act of 1972 (5 

U.S.C., Appendix, as amended), the 

Government in the Sunshine Act of 

1976 (5 U.S.C. 552b, as amended), and 

41 CFR 102–3.150, the Department of 

Defense announces that the Air 

University Board of Visitors’ fall 

meeting will take place on Monday, 13 

November 2017, from 8:00 a.m. to 

approximately 5 p.m. and Tuesday, 14 

November, 2017, from 7:30 a.m. to 

approximately 3:00 p.m. Central 

Standard Time. The meeting will be 

held in the Air University Commander’s 

Conference Room located in Building 

800 at Maxwell Air force Base, AL. The 

purpose of this meeting is to provide 

independent advice and 

recommendations on matters pertaining 

to the educational, doctrinal, and 

research policies and activities of Air 

University. 

The agenda will include topics 

relating to the policies, programs, and 

initiatives of Air University educational 

programs and will include an out brief 

from the Air Force Institute of 

Technology and Community College of 

the Air Force Subcommittees. 

Pursuant to 5 U.S.C. 552b, as 

amended, and 41 CFR 102–3.155 all 

sessions of the Air University Board of 

Visitors’ meetings’ will be open to the 

public. Any member of the public 

wishing to provide input to the Air 

University Board of Visitors’ should 

submit a written statement in 

accordance with 41 CFR 102–3.140(c) 

and section 10(a)(3) of the Federal 

Advisory Committee Act and the 

procedures described in this paragraph. 

Written statements can be submitted to 

the Designated Federal Officer at the 

address detailed below at any time. 

Statements being submitted in 

response to the agenda mentioned in 

this notice must be received by the 

Designated Federal Officer at the 

address listed below at least ten 

calendar days prior to the meeting 

which is the subject of this notice. 

Written statements received after this 

date may not be provided to or 

considered by the Air University Board 

of Visitors until its next meeting. The 

Designated Federal Officer will review 

all timely submissions with the Air 


sradovich on DSKBBY8HB2PROD with NOTICES