Ownership and Control
Reports, Forms 102/102S, 40/40S, and 71 (Trader and Account
Identification Reports)
Extension without change of a currently approved collection
No
Regular
11/13/2023
Requested
Previously Approved
36 Months From Approved
01/31/2024
660,412
660,412
188,980
188,080
0
18,898,000
The Commodity Futures Trading
Commission adopted rules and related forms to enhance its
identification of futures and swap market participants. The
information collections included in this renewal (“OCR information
collections”) are part of the Commodity Futures Trading
Commission’s (“CFTC”) implementation of §§ 4a, 4c(b), 4g, and 4i of
the Commodity Exchange Act (“Act”). These sections in the Act
authorize and require the CFTC to regulate various financial
markets, including futures, swaps, and commodities. The information
contained in the OCR information collections is necessary for the
CFTC to carry out these regulatory functions, including information
necessary for the CFTC’s market surveillance function.
There are no program changes.
The Commission is updating its burden hour estimates as described
in Attachment A. In addition, during the prior renewal cycle, the
labor costs associated with reported burden hours were entered into
ROCIS as a separate cost burden ($). Per the instructions on page
40 of the ROCIS User Guide, which provides that agencies "do not
report as a dollar cost any burden reported in hours" on the ICR
Summary of Burden worksheet, the entry for these labor costs
associated with the reported burden hours have been removed. The
labor costs associated with the reported burden hours are provided
in Attachment A of the Supporting Statement. There are no
additional capital costs or operating and maintenance costs
associated with this collection.
$454,955
No
Yes
Yes
No
Yes
No
No
Kenny Wright 202 326-2907
kwright@ftc.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.