60 Day FRN 0096

Federal Register / Vol. 80, No. 152 / Friday, August 7, 2015 / Notices
Procedure Act and other applicable
laws, and may be accessible under the
Freedom of Information Act.
Burden Statement: The respondent
burden for this collection is estimated to
require between 10 minutes and one
hour per response.
Respondents/Affected Entities: Nonfinancial end-users.
Estimated number of respondents:
1,092.
Estimated total average annual
burden on respondents: 633 hours.
Frequency of collection: On occasion;
annually.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 3, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015–19401 Filed 8–6–15; 8:45 am]
BILLING CODE 6351–01–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent To Renew
Collection 3038–0096, Swap Data
Recordkeeping and Reporting
Requirements
Commodity Futures Trading
Commission.
ACTION: Notice.
The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) is announcing an
opportunity for public comment on the
proposed 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 and to allow 60 days for
public comment. This notice solicits
comments on the swap data
recordkeeping and reporting
requirements codified in 17 CFR part
45. This part imposes recordkeeping
and reporting requirements on the
following entities: Swap Data
Repositories (‘‘SDRs’’), Swap Execution
Facilities (‘‘SEFs’’), Designated Contract
Markets (‘‘DCMs’’), Derivatives Clearing
Organizations (‘‘DCOs’’), Swap Dealers
(‘‘SDs’’), Major Swap Participants
(‘‘MSPs)’’, and swap counterparties that
are neither swap dealers nor major swap
participants (‘‘non-SD/MSP
counterparties’’).

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SUMMARY:

Comments must be submitted on
or before October 6, 2015.
ADDRESSES: You may submit comments,
identified by ‘‘Renewal of Collection
Pertaining to Swap Data Recordkeeping

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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.
Title: Swap Data Recordkeeping and
Reporting Requirements (OMB Control
No. 3038–0096). This is a request for
extension of a currently approved
information collection.
Abstract: The collection of
information is needed to ensure that the
CFTC and other regulators have access
to complete data concerning swaps, as
required by the Commodity Exchange
Act as amended by the Dodd-Frank Wall
Street Reform and Consumer Protection
Act, Public Law 111–203, 124 Stat. 1376
(2010). The data would be reported to
and maintained in SDRs, where it
would not be disclosed publicly, but
would be available to the CFTC and
other financial regulators for fulfillment
of various regulatory mandates. The

SUPPLEMENTARY INFORMATION:

AGENCY:

DATES:

and Reporting Requirements,’’ or
Renewal 3038–0096, 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.
• Federal eRulemaking Portal: http://
www.regulations.gov/. Follow the
instructions for submitting comments
through the Portal.
Please submit your comments using
only one method.
FOR FURTHER INFORMATION CONTACT:
Thomas Guerin, Division of Market
Oversight, Commodity Futures Trading
Commission, 1155 21st Street NW.,
(202) 734–4194; email: tguerin@cftc.gov,
and refer to OMB Control No. 3038–
0096.

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47477

information is for use by government
entities to provide oversight and
supervision and to ensure compliance
with statutes and regulations relating to
swaps.
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.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 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 total annual
time burden for this collection is
estimated to be 445,910 hours. This
estimate includes the time to comply
with swap data recordkeeping and
reporting requirements codified in 17
CFR part 45. Provisions of CFTC
1 17

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CFR 145.9.

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47478

Federal Register / Vol. 80, No. 152 / Friday, August 7, 2015 / Notices

Regulations 45.2, 45.3, 45.4, 45.5, 45.6,
45.7, and 45.14 result in information
collection requirements within the
meaning of the PRA. To the extent that
the recordkeeping and reporting
requirements codified in 17 CFR part 45
overlap with the requirements of other
rulemakings for which the CFTC
prepared and submitted an information
collection burden estimate to OMB, the
burden associated with the
requirements are not being accounted
for in the burden estimate for
information collections under 17 CFR
part 45 to avoid unnecessary
duplication of information collection
burdens.
Respondents/Affected Entities: SDRs,
SEFs, DCMS, DCOs, SDs, MSPs, and
non-SD/MSP counterparties.
Estimated number of respondents:
30,210.
Estimated total annual burden on
respondents: 445,910 hours.
Frequency of collection: Ongoing.
Authority: 44 U.S.C. 3501 et seq.
Dated: August 3, 2015.
Robert N. Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2015–19402 Filed 8–6–15; 8:45 am]
BILLING CODE 6351–01–P

COMMODITY FUTURES TRADING
COMMISSION
Agency Information Collection
Activities: Notice of Intent to Renew
Collection Number 3038–0079, Conflict
of Interest Policies and Procedures by
Swap Dealers and Major Swap
Participants
Commodity Futures Trading
Commission.
ACTION: Notice.
AGENCY:

The Commodity Futures
Trading Commission (‘‘CFTC’’ or
‘‘Commission’’) is announcing an
opportunity for public comment on the
proposed 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 mandated by Commission
regulation 23.605 (Conflicts of interest
policies and procedures).
DATES: Comments must be submitted on
or before October 6, 2015.

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SUMMARY:

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Jkt 235001

You may submit comments,
identified by ‘‘Conflict of Interest
Policies and Procedures by Swap
Dealers and Major Swap Participants,’’
and Collection Number 3038–0079 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.
• 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 www.cftc.gov.
FOR FURTHER INFORMATION CONTACT:
Jacob Chachkin, Special Counsel,
Division of Swap Dealer and
Intermediary Oversight, Commodity
Futures Trading Commission, (202)
418–5496; email: jchachkin@cftc.gov.
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,
including each proposed extension of an
existing 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.
Title: Conflict of Interest Policies and
Procedures by Swap Dealers and Major
Swap Participants (OMB Control No.
3038–0079). This is a request for an
extension of a currently approved
information collection.
Abstract: On April 3, 2012 the
Commission adopted Commission
regulation 23.605 (Conflicts of interest
policies and procedures) 1 under section
ADDRESSES:

1 17

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CFR 23.605.

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4s(j)(5) 2 of the Commodity Exchange
Act (‘‘CEA’’). Commission regulation
23.605 requires, among other things,
that swap dealers (‘‘SD’’) 3 and major
swap participants (‘‘MSP’’) 4 adopt and
implement conflicts of interest
procedures and disclosures, establish
written policies and procedures
reasonably designed to ensure
compliance with the conflicts of interest
and disclosure obligations within the
regulations, and maintain specified
records related to those requirements.5
The Commission believes that the
information collection obligations
imposed by Commission regulation
23.605 are essential (i) to ensuring that
SDs and MSPs develop and maintain
the conflicts of interest systems,
procedures and disclosures required by
the CEA, and Commission regulations,
and (ii) to the effective evaluation of
these registrants’ actual compliance
with the CEA and Commission
regulations.
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.
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.6
27

U.S.C. 6s(j)(5).
the definition of SD, see section 1a(49) of
the CEA and Commission regulation 1.3(ggg). 7
U.S.C. 1a(49) and 17 CFR 1.3(ggg).
4 For the definitions of MSP, see section 1a(33) of
the CEA and Commission regulation 1.3(hhh). 7
U.S.C. a(33) and 17 CFR 1.3(hhh).
5 See 17 CFR 23.605.
6 17 CFR 145.9.
3 For

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