Agency Information Collection Activities: Notice of Intent To Extend Collection Number 3038-0080: Annual Report for Chief Compliance Officer of Registrants, 15139-15140 [2025-05982]

Download as PDF Federal Register / Vol. 90, No. 66 / Tuesday, April 8, 2025 / Notices in § 145.9 of the Commission’s regulations.9 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 FOIA. Burden Statement: The Commission is revising its estimate of the burden for this collection to reflect the current number of respondents. The respondent burden for this collection is estimated to be as follows: Estimated Number of Respondents: 106. Estimated Average Burden Hours per Respondent: 2,096. Estimated Total Annual Burden Hours: 222,176. Frequency of Collection: As applicable. There are no capital costs or operating and maintenance costs associated with this collection. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 2, 2025. Robert Sidman, Deputy Secretary of the Commission. [FR Doc. 2025–05967 Filed 4–7–25; 8:45 am] BILLING CODE 6351–01–P COMMODITY FUTURES TRADING COMMISSION Agency Information Collection Activities: Notice of Intent To Extend Collection Number 3038–0080: Annual Report for Chief Compliance Officer of Registrants Commodity Futures Trading Commission. ACTION: Notice. AGENCY: The Commodity Futures Trading Commission (‘‘Commission’’ or ‘‘CFTC’’) 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 khammond on DSK9W7S144PROD with NOTICES SUMMARY: 9 17 CFR 145.9, 74 FR 17395 (Apr. 15, 2009). VerDate Sep<11>2014 16:14 Apr 07, 2025 Jkt 265001 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 3.3 (Chief Compliance Officer). Comments must be submitted on or before June 9, 2025. ADDRESSES: You may submit comments, identified by ‘‘OMB Control No. 3038– 0080’’ by any of the following methods: • The Agency’s Website, at https:// comments.cftc.gov/. Follow the instructions for submitting comments through the website. • 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. All comments must be submitted in English, or if not, accompanied by an English translation. Comments will be posted as received to https://www.cftc.gov. FOR FURTHER INFORMATION CONTACT: Catherine Brescia, Attorney Advisor, Market Participants Division, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; (202) 418–6236; email: cbrescia@ cftc.gov. SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq., 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 Commission is publishing notice of the proposed extension of the existing 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 DATES: PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 15139 displays a currently valid OMB control number.1 Title: Annual Report for Chief Compliance Officer of Registrants (OMB Control No. 3038–0080). This is a request for an extension of a currently approved information collection. Abstract: On April 3, 2012, the Commission adopted Regulation 3.3 (Chief Compliance Officer) 2 under sections 4d(d) and 4s(k) 3 of the Commodity Exchange Act (‘‘CEA’’). Commission Regulation 3.3 requires each swap dealer (‘‘SD’’), major swap participant (‘‘MSP’’), and futures commission merchant (‘‘FCM’’) to designate, by filing Form 8–R, a chief compliance officer (‘‘CCO’’) who is responsible for: (1) administering each registrant’s policies and procedures relating to its business as a SD, MSP, or FCM that are required to be established pursuant to the CEA and Commission regulations; (2) taking reasonable steps to resolve material conflicts of interest relating to the registrant’s business as a SD, MSP, or FCM; (3) taking reasonable steps to ensure compliance with the CEA and Commission regulations relating to the registrant’s business as a SD, MSP, or FCM; (4) taking reasonable steps to ensure the registrant establishes, maintains, and reviews written policies and procedures reasonably designed to remediate noncompliance issues identified by the CCO; (5) taking reasonable steps to ensure the registrant establishes procedures reasonably designed for the handling, management response, remediation, retesting, and resolution of noncompliance issues; (6) preparing, signing, certifying, furnishing to the board of directors, senior officers, and (if applicable) audit committee, and filing with the Commission, an annual compliance report that contains the information specified in Commission regulation 3.3(e). Commission regulation 3.3 also requires that SDs, MSPs, and FCMs: (1) amend the annual report if material errors or omissions are identified; (2) request that the Commission grant an extension of time to furnish the annual report, if failure to timely furnish could not be eliminated without unreasonable effort or expense; and (3) maintain records of the registrant’s compliance policies and procedures and records related to the annual report. The information collection obligations imposed by Commission Regulation 3.3 are essential to ensuring that SDs, MSPs, 1 44 U.S.C. 3512, 5 CFR 1320.5(b)(2)(i) and 1320.8 (b)(3)(vi). See also 46 FR 63035 (Dec. 30, 1981). 2 17 CFR 3.3. 3 7 U.S.C. 6d(d) and 6s(k). E:\FR\FM\08APN1.SGM 08APN1 khammond on DSK9W7S144PROD with NOTICES 15140 Federal Register / Vol. 90, No. 66 / Tuesday, April 8, 2025 / Notices and FCMs maintain comprehensive policies and procedures that promote compliance with the CEA and Commission regulations. In particular, the Commission believes that, among other things, these obligations (i) promote compliance behavior through periodic self-evaluation, (ii) inform the Commission of possible compliance weaknesses, (iii) assist the Commission in determining whether the registrant remains in compliance with the CEA and Commission regulations, and (iv) help the Commission to assess whether the registrant has mechanisms in place to adequately address compliance problems that could lead to a failure of the registrant. 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 (‘‘FOIA’’), 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.4 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 4 17 CFR 145.9, 74 FR 17395 (Apr. 15, 2009). VerDate Sep<11>2014 16:14 Apr 07, 2025 Jkt 265001 Procedure Act and other applicable laws and may be accessible under FOIA. Burden Statement: The Commission is not revising its estimate of the burden for this collection. The number of respondents from the previous renewal remains unchanged. There are 166 currently registered respondents. There are no currently registered MSPs. The respondent burden for this collection is estimated to be as follows: Number of Registrants: 166. Estimated Average Burden Hours per Registrant: 1,006. Estimated Aggregate Burden Hours: 166,996. Frequency of Recordkeeping: Annually or on occasion. There are no capital costs or operating and maintenance costs associated with this collection. (Authority: 44 U.S.C. 3501 et seq.) Dated: April 2, 2025. Robert Sidman, Deputy Secretary of the Commission. [FR Doc. 2025–05982 Filed 4–7–25; 8:45 am] BILLING CODE 6351–01–P DEPARTMENT OF DEFENSE Office of the Secretary [Docket ID: DoD–2024–OS–0130] Submission for OMB Review; Comment Request Office of the Under Secretary of Defense for Acquisition and Sustainment (OUSD(A&S)), Department of Defense (DoD). ACTION: 30-Day information collection notice. AGENCY: The DoD has submitted to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act. DATES: Consideration will be given to all comments received by May 8, 2025. 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. FOR FURTHER INFORMATION CONTACT: Reginald Lucas, (571) 372–7574, whs.mc-alex.esd.mbx.dd-dodinformation-collections@mail.mil. SUPPLEMENTARY INFORMATION: SUMMARY: PO 00000 Frm 00008 Fmt 4703 Sfmt 4703 Title; Associated Form; and OMB Number: Defense Community Infrastructure Program Notice of Federal Opportunity; OMB Control Number 0704–0607. Type of Request: Revision. Number of Respondents: 150. Responses per Respondent: 1. Annual Responses: 150. Average Burden per Response: 15 hours. Annual Burden Hours: 2,250. Needs and Uses: Section 2391(d) of Title 10, United States Code (10 U.S.C. 2391), authorizes the Secretary of Defense to, ‘‘make grants, conclude cooperative agreements, and supplement funds available under Federal programs administered by agencies other than the DoD, for projects owned by a State or local government, or a not-for-profit, member-owned utility service to address deficiencies in community infrastructure supportive of a military installation.’’ The Consolidated Appropriations Act for Fiscal Year 2021 (Pub. L. 116–260) provided $60 million to the Office of Local Defense Community Cooperation for the Defense Community Infrastructure Program (DCIP). This information collection supports the awarding of grants under DCIP via the initial grant proposal package prepared in accordance to a Federal Funding Opportunity Announcement posted on the Grants.gov website. The criteria established for the selection of community infrastructure projects reflects projects consisting of some combination of attributes that will enhance: (i) projects that will enhance military value; (ii) projects that contribute to the training of cadets enrolled in an independent Reserve Officer Training Corps program at a covered educational institution; (iii) project that will enhance military installation resilience; and/or, (iv) projects that will enhance military family quality of life (including whether the impact of the community infrastructure on alleviating installation commuter workforce issues and the benefit of schools or other local infrastructure located off of a military installation that will support members of the armed forces and their dependents residing in the community) at a military installation. Affected Public: State, Local or Tribal Government; Not-for-profit Institutions. Frequency: Annually. Respondent’s Obligation: Voluntary. DoD Clearance Officer: Mr. Reginald Lucas. E:\FR\FM\08APN1.SGM 08APN1

Agencies

[Federal Register Volume 90, Number 66 (Tuesday, April 8, 2025)]
[Notices]
[Pages 15139-15140]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-05982]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Extend Collection Number 3038-0080: Annual Report for Chief Compliance 
Officer of Registrants

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Commodity Futures Trading Commission (``Commission'' or 
``CFTC'') 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 mandated by Commission Regulation 3.3 (Chief Compliance 
Officer).

DATES: Comments must be submitted on or before June 9, 2025.

ADDRESSES: You may submit comments, identified by ``OMB Control No. 
3038-0080'' by any of the following methods:
     The Agency's Website, at https://comments.cftc.gov/. 
Follow the instructions for submitting comments through the website.
     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. All comments 
must be submitted in English, or if not, accompanied by an English 
translation. Comments will be posted as received to https://www.cftc.gov.

FOR FURTHER INFORMATION CONTACT: Catherine Brescia, Attorney Advisor, 
Market Participants Division, Commodity Futures Trading Commission, 
Three Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; 
(202) 418-6236; email: [email protected].

SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq., 
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 Commission is publishing 
notice of the proposed extension of the existing 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.\1\
---------------------------------------------------------------------------

    \1\ 44 U.S.C. 3512, 5 CFR 1320.5(b)(2)(i) and 1320.8 (b)(3)(vi). 
See also 46 FR 63035 (Dec. 30, 1981).
---------------------------------------------------------------------------

    Title: Annual Report for Chief Compliance Officer of Registrants 
(OMB Control No. 3038-0080). This is a request for an extension of a 
currently approved information collection.
    Abstract: On April 3, 2012, the Commission adopted Regulation 3.3 
(Chief Compliance Officer) \2\ under sections 4d(d) and 4s(k) \3\ of 
the Commodity Exchange Act (``CEA''). Commission Regulation 3.3 
requires each swap dealer (``SD''), major swap participant (``MSP''), 
and futures commission merchant (``FCM'') to designate, by filing Form 
8-R, a chief compliance officer (``CCO'') who is responsible for: (1) 
administering each registrant's policies and procedures relating to its 
business as a SD, MSP, or FCM that are required to be established 
pursuant to the CEA and Commission regulations; (2) taking reasonable 
steps to resolve material conflicts of interest relating to the 
registrant's business as a SD, MSP, or FCM; (3) taking reasonable steps 
to ensure compliance with the CEA and Commission regulations relating 
to the registrant's business as a SD, MSP, or FCM; (4) taking 
reasonable steps to ensure the registrant establishes, maintains, and 
reviews written policies and procedures reasonably designed to 
remediate noncompliance issues identified by the CCO; (5) taking 
reasonable steps to ensure the registrant establishes procedures 
reasonably designed for the handling, management response, remediation, 
retesting, and resolution of noncompliance issues; (6) preparing, 
signing, certifying, furnishing to the board of directors, senior 
officers, and (if applicable) audit committee, and filing with the 
Commission, an annual compliance report that contains the information 
specified in Commission regulation 3.3(e). Commission regulation 3.3 
also requires that SDs, MSPs, and FCMs: (1) amend the annual report if 
material errors or omissions are identified; (2) request that the 
Commission grant an extension of time to furnish the annual report, if 
failure to timely furnish could not be eliminated without unreasonable 
effort or expense; and (3) maintain records of the registrant's 
compliance policies and procedures and records related to the annual 
report.
---------------------------------------------------------------------------

    \2\ 17 CFR 3.3.
    \3\ 7 U.S.C. 6d(d) and 6s(k).
---------------------------------------------------------------------------

    The information collection obligations imposed by Commission 
Regulation 3.3 are essential to ensuring that SDs, MSPs,

[[Page 15140]]

and FCMs maintain comprehensive policies and procedures that promote 
compliance with the CEA and Commission regulations. In particular, the 
Commission believes that, among other things, these obligations (i) 
promote compliance behavior through periodic self-evaluation, (ii) 
inform the Commission of possible compliance weaknesses, (iii) assist 
the Commission in determining whether the registrant remains in 
compliance with the CEA and Commission regulations, and (iv) help the 
Commission to assess whether the registrant has mechanisms in place to 
adequately address compliance problems that could lead to a failure of 
the registrant.
    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 
(``FOIA''), a petition for confidential treatment of the exempt 
information may be submitted according to the procedures established in 
Sec.  145.9 of the Commission's regulations.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 145.9, 74 FR 17395 (Apr. 15, 2009).
---------------------------------------------------------------------------

    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 FOIA.
    Burden Statement: The Commission is not revising its estimate of 
the burden for this collection. The number of respondents from the 
previous renewal remains unchanged. There are 166 currently registered 
respondents. There are no currently registered MSPs. The respondent 
burden for this collection is estimated to be as follows:
    Number of Registrants: 166.
    Estimated Average Burden Hours per Registrant: 1,006.
    Estimated Aggregate Burden Hours: 166,996.
    Frequency of Recordkeeping: Annually or on occasion.
    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: April 2, 2025.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2025-05982 Filed 4-7-25; 8:45 am]
BILLING CODE 6351-01-P
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