3170-00XX 30-day FRN (published)

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Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices

Title: Customer Clearing
Documentation and Timing of
Acceptance for Clearing (OMB Control
No. 3038–0092). This is a request for
extension of a currently approved
information collection.
Abstract: Section 4d(c) of the
Commodity Exchange Act (‘‘CEA’’) (7
U.S.C. 6d(c)), as amended by the DoddFrank Wall Street and Reform Consumer
Protection Act (‘‘Dodd-Frank Act’’),
directs the Commission to require
futures commission merchants
(‘‘FCMs’’) to implement conflict of
interest procedures that address such
issues the Commission determines to be
appropriate. Similarly, CEA section
4s(j)(5) (7 U.S.C. 6s(j)(5)), as added by
the Dodd-Frank Act, requires swap
dealers (‘‘SDs’’) and major swap
participants (‘‘MSPs’’) to implement
conflict of interest procedures that
address such issues the Commission
determines to be appropriate. CEA
section 4s(j)(5) also requires SDs and
MSPs to ensure that any persons
providing clearing activities or making
determinations as to accepting clearing
customers are separated by appropriate
informational partitions from persons
whose involvement in pricing, trading,
or clearing activities might bias their
judgment or contravene the core
principle of open access. CEA section
4s(j)(6) prohibits an SD or MSP from
adopting any process or taking any
action that results in any unreasonable
restraint on trade or imposes any
material anticompetitive burden on
trading or clearing, unless necessary or
appropriate to achieve the purposes of
the Act. CEA section 2(h)(1)(B)(ii) (7
U.S.C. 2(h)(1)(B)(ii)) requires that
derivatives clearing organization
(‘‘DCO’’) rules provide for the
nondiscriminatory clearing of swaps
executed bilaterally or through an
unaffiliated designated contract market
or swap execution facility.
To address these provisions, the
Commission promulgated regulations
that prohibit arrangements involving
FCMs, SDs, MSPs, and DCOs that would
(a) disclose to an FCM, SD, or MSP the
identity of a customer’s original
executing counterparty; 2 (b) limit the
number of counterparties with whom a
customer may enter into a trade; 3 (c)
restrict the size of the position a
customer may take with any individual
counterparty, apart from an overall
credit limit for all positions held by the
customer at the FCM; 4 (d) impair a
customer’s access to execution of a trade
on terms that have a reasonable
CFR 1.72(a), 23.608(a), and 39.12(a)(1)(vi).
CFR 1.72(b), 23.608(b), and 39.12(a)(1)(vi).
4 17 CFR 1.72(c), 23.608(c), and 39.12(a)(1)(vi).

relationship to the best terms available; 5
or (e) prevent compliance with specified
time frames for acceptance of trades into
clearing set forth in Commission
regulations §§ 1.74(b), 23.610(b), or
39.12(b)(7).6 Additionally, the
Commission requires, through
regulation § 39.12(b)(7)(i)(B), DCOs to
coordinate with clearing members to
establish prompt processing of trades.
Regulations §§ 1.74(a) and 23.610(a)
require reciprocal coordination by
FCMs, SDs, and MSPs that are clearing
members.
Under the above regulations, SDs,
MSPs, FCMs, and DCOs are required to
develop and maintain written customer
clearing documentation and trade
processing procedures. Maintenance of
contracts, policies, and procedures is
prudent business practice. All SDs,
MSPs, FCMs, and DCOs maintain
documentation consistent with these
regulations. The regulations are crucial
both for effective risk management and
for the efficient operation of trading
venues among SDs, MSPs, FCMs, and
DCOs. Each of these entities has a
general recordkeeping obligation for
these requirements under the
Commission’s regulations (17 CFR 39.20
for DCOs; 17 CFR 23.606 for SDs and
MSPs; and 17 CFR 1.73 for FCMs).
As indicated below, the information
collection burden arising from the
regulations primarily is restricted to the
costs associated with the affected
registrants’ obligation to maintain
records related to clearing
documentation between the customer
and the customer’s clearing member,
and trade processing procedures
between DCOs and FCMs, SDs, and
MSPs. The information collection
obligations are necessary to implement
certain provisions of the CEA, including
ensuring that registrants exercise
effective risk management and for the
efficient operation of trading venues
among SDs, MSPs, FCMs, and DCOs.
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

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CFR 1.72(d), 23.608(d), and 39.12(a)(1)(vi).
CFR 1.72(e), 23.608(e), and 39.12(a)(1)(vi).

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• 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.7
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 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 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 respondent
burden for this collection is estimated to
be as follows:
Estimated Number of Respondents:
180.
Estimated Average Burden Hours per
Respondent: 40.
Estimated Total Annual Burden
Hours per Respondent: 7,200.
Frequency of Collection: As needed.
There are no capital costs or operating
and maintenance costs associated with
this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 22, 2023.
Christopher Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2023–18364 Filed 8–24–23; 8:45 am]
BILLING CODE 6351–01–P

CONSUMER FINANCIAL PROTECTION
BUREAU
[Docket No. CFPB–2023–0042]

Agency Information Collection
Activities: Comment Request
Consumer Financial Protection
Bureau.
ACTION: Notice and request for comment.
AGENCY:

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CFR 145.9.

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Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices
In accordance with the
Paperwork Reduction Act of 1995
(PRA), the Consumer Financial
Protection Bureau (CFPB) is requesting
the Office of Management and Budget’s
(OMB’s) approval for a new information
collection titled ‘‘CFPB National AgeFriendly Banking Survey.’’
DATES: Written comments are
encouraged and must be received on or
before September 25, 2023 to be assured
of consideration.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to 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. In general, all
comments received will become public
records, including any personal
information provided. Sensitive
personal information, such as account
numbers or Social Security numbers,
should not be included.
FOR FURTHER INFORMATION CONTACT:
Requests for additional information
should be directed to Anthony May,
Paperwork Reduction Act Officer, at
(202) 435–7278, or email: CFPB_PRA@
cfpb.gov. If you require this document
in an alternative electronic format,
please contact CFPB_Accessibility@
cfpb.gov. Please do not submit
comments to these email boxes.
SUPPLEMENTARY INFORMATION:
Title of Collection: CFPB National
Age-Friendly Banking Survey.
OMB Control Number: 3170–00XX.
Type of Review: New collection.
Affected Public: Individuals or
households.
Estimated Number of Respondents:
5,528.
Estimated Total Annual Burden
Hours: 817.
Abstract: Older adults are
increasingly becoming an important
customer base for banks and credit
unions. This proposed survey examines
how banking experiences may vary as
people age and how they may differ for
specific subpopulations of older adults
that face unique challenges related to
accessibility and quality of banking
services (such as older adults living in
rural communities, older adults of color,
and the oldest segment of the
population (75 and older)).
Additionally, the survey will enable the
CFPB to understand the experiences of
older adults with banking, including
challenges and opportunities for
adoption of ‘‘age-friendly’’ account
features. The survey will collect

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information on respondents’
experiences with their primary bank or
credit union specifically regarding:
• Background information about type
of institution, length and quality of the
relationship;
• Importance, availability, and use of
‘‘age-friendly’’ banking features;
• Experiences with fraud and scams
and financial caregiving involving
accounts with their primary bank;
• Use and accessibility of banking
services; and
• Other aspects of the relationship
with their primary financial institution,
including credit and loans.
The survey is supplemented with
existing panelists’ responses to
demographic, geographic, and financial
questions. The results will inform:
• CFPB’s age-friendly banking
educational, regulatory, and policy
work;
• Banks, lenders, and financial
institutions’ initiatives and resources
focused on financial inclusion of older
adults; and
• State, local, and community entities
seeking to strengthen the financial
inclusion component of their ‘‘agefriendly’’ community plans.
The data gathered through this survey
will empower many other
governmental, nonprofit, and other
entities to conduct analysis on topics of
interest relevant to their work. These
entities can apply their findings to
enhance consumer protections and
expand age-friendly banking products
and services nationwide.
Request for Comments: The CFPB
published a 60-day Federal Register
notice on May 22, 2023 (88 FR 32757)
under Docket Number: CFPB–2023–
0035. The CFPB is publishing this
notice and soliciting comments on: (a)
Whether the collection of information is
necessary for the proper performance of
the functions of the CFPB, including
whether the information will have
practical utility; (b) The accuracy of the
CFPB’s estimate of the burden of the
collection of information, including the
validity of the methods and the
assumptions used; (c) Ways to enhance
the quality, utility, and clarity of the
information to be collected; and (d)
Ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
Comments submitted in response to this
notice will be reviewed by OMB as part
of its review of this request. All

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comments will become a matter of
public record.
Anthony May,
Paperwork Reduction Act Officer, Consumer
Financial Protection Bureau.
[FR Doc. 2023–18349 Filed 8–24–23; 8:45 am]
BILLING CODE 4810–AM–P

CONSUMER PRODUCT SAFETY
COMMISSION
Sunshine Act Meetings
Tuesday, August 22,
2023—10:00 a.m. Open; and Tuesday,
August 29, 2023—11:00 a.m. Closed
(See MATTERS TO BE CONSIDERED
for each meeting).
PLACE: The meetings will be held
remotely, and in person at 4330 EastWest Highway, Bethesda, Maryland
20814.
STATUS: Commission Meetings—Open to
the Public (10:00 a.m.) and Closed to the
Public (11:00 a.m.)
MATTERS TO BE CONSIDERED:
Briefing Matter:
Notice of Proposed Rulemaking—
Safety Standard for Nursing Pillows.
To attend virtually, please use the
following link and details below:
https://cpsc.webex.com/cpsc/
j.php?MTID=mf92f68fa850e5
d90839f2d57480973e5.
Join by phone: +1–415–527–5035 US
Toll.
Access code: 276 320 94287.
Briefing Matter:
Closed meeting topic.
CONTACT PERSON FOR MORE INFORMATION:
Alberta E. Mills, Office of the Secretary,
U.S. Consumer Product Safety
Commission, 4330 East-West Highway,
Bethesda, MD 20814, 301–504–7479
(Office) or 240–863–8938 (Cell).
TIME AND DATE:

Dated: August 22, 2023.
Alberta E. Mills,
Commission Secretary.
[FR Doc. 2023–18441 Filed 8–23–23; 11:15 am]
BILLING CODE 6355–01–P

DEPARTMENT OF DEFENSE
Department of the Air Force
Department of the Air Force Scientific
Advisory Board; Notice of Federal
Advisory Committee Meeting
Department of the Air Force
Scientific Advisory Board, Department
of the Air Force.
ACTION: Notice of federal advisory
committee meeting.
AGENCY:

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