[Federal Register: December 29, 2008 (Volume 73, Number 249)]
[Notices]               
[Page 79452]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29de08-43]                         


[[Page 79452]]

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COMMODITY FUTURES TRADING COMMISSION

 
Agency Information Collection Activities Under OMB Review

AGENCY: Notice of Intent to Renew Currently Approved Collection: 3038-
0024.
SUMMARY: In compliance with the Paperwork Reduction Act (44 U.S.C. 3501 
et seq.), this notice announces that the Information Collection Request 
(ICR) abstracted below has been forwarded to the Office of Management 
and Budget (OMB) for review and comment. The ICR describes the nature 
of the information collection and its expected costs and burden.

DATES: Comments must be submitted on or before February 27, 2009.

For Further Information or a Copy Contact:  Mark H. Bretscher, Division 
of Clearing and Intermediary Oversight, CFTC, (312) 596-0529; FAX: 
(312) 596-0714; e-mail: Mbretscher@cftc.gov and refer to OMB Control 
No. 3038-0024.

SUPPLEMENTARY INFORMATION: 
    Title: Regulations and Forms Pertaining to the Financial Integrity 
of the Marketplace (OMB Control No. 3038-0024). This is a request for 
extension of a currently approved information collection.
    Abstract: The commodity futures markets play a vital role in the 
furthering of global commerce by providing commercial users and 
speculators with a price discovery mechanism for the commodities traded 
on such markets and by providing commercial users of the markets with a 
mechanism for hedging their goods and services against price risks. The 
Commodity Futures Trading Commission is the independent federal 
regulatory agency charged with providing various forms of customer 
protection so that users of the markets can be assured of the financial 
integrity of the markets and the intermediaries that they employ in 
their trading activities. Among the financial safeguards the Commission 
has imposed on commodity brokerages, technically futures commission 
merchants (FCMs) and introducing brokers (IBs), are minimum capital 
standards and, for FCMs, a requirement that they segregate and 
separately account for the funds they receive from their commodity 
customers. In order to monitor compliance with such financial 
standards, the Commission has required FCMs and IBs to file financial 
reports with the Commission and with the self-regulatory organizations 
(SROs) of which they are members. (See Commission Rule 1.10, 17 CFR 
1.10.)
    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. The OMB control numbers for the 
CFTC's regulations were published on December 30, 1981. See 46 FR 63035 
(Dec. 30, 1981).
    Burden statement: The respondent burden for this collection is 
estimated to average .50 hours per response. These estimates include 
the time needed to review instructions; develop, acquire, install, and 
utilize technology and systems for the purposes of collecting, 
validating, and verifying information, processing and maintaining 
information and disclosing and providing information; adjust the 
existing ways to comply with any previously applicable instructions and 
requirements; train personnel to be able to respond to a collection of 
information; and transmit or otherwise disclose the information.
    Respondents/Affected Entities: Futures Commission Merchants, 
Introducing Brokers.
    Estimated Number of respondents: 2,078.
    Estimated total annual burden or respondents: 21,138.50 hours.
    Frequency of collection: On occasion, monthly, annually, semi-
annually.
    Send comments regarding the burden estimated or any other aspect of 
the information collection, including suggestions for reducing the 
burden, to the addresses listed below. Please refer to OMB Control No. 
3038-0024 in any correspondence. Mark H. Bretscher, Division of 
Clearing and Intermediary Oversight, U.S. Commodity Futures Trading 
Commission, 525 W. Monroe Street, Suite 1100, Chicago, Illinois 60661 
and Office of Information and Regulatory Affairs, Office of Management 
and Budget, Attention: Desk Officer for CFTC, 725 17th Street, 
Washington, DC 20503.

    Dated: December 19, 2008.
David Stawick,
Secretary of the Commission.
[FR Doc. E8-30905 Filed 12-24-08; 8:45 am]

BILLING CODE 6351-01-P