Agency Information Collection Activities Under OMB Review

COMMODITY FUTURES TRADING COMMISSION

Agency Information Collection Activities Under OMB Review

AGENCY:

Commodity Futures Trading Commission.

ACTION:

Extension of an Existing Collection—3038-0007.

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; it includes the actual data collection instruments [if any].

DATES:

Comments must be submitted on or before February 20, 2009.

FOR FURTHER INFORMATION OR A COPY CONTACT:

William Penner, Division of Clearing and Intermediary Oversight, U.S. Commodity Futures Trading Commission, 1155 21st Street, NW., Washington, DC 20581, (202) 418-5407; Fax: (202) 418-5536; e-mail:

wpenner@cftc.gov

and refer to OMB Control No. 3038-0007.

SUPPLEMENTARY INFORMATION:

Title:

Rules Relating to Regulation of Domestic Exchange-Traded Options (OMB Control No. 3038-0007). This is a request for extension of a currently approved information collection.

Abstract:

Rules Relating to Regulation of Domestic Exchange—Traded Options, OMB Control No. 3038-0007—Extension.

The rules require futures commission merchants and introducing brokers (1) to provide their customers with

standard risk disclosure statements concerning the risk of trading commodity interests; and (2) to retain all promotional material and the source of authority for information contained therein. The purpose of these rules is to ensure that customers are advised of the risks of trading commodity interests and to avoid fraud and misrepresentation. The rules also contain procedures for contract market designation and product review and approval. These rules are promulgated pursuant to the Commission's rulemaking authority contained in sections 2, 3, 4, 4c, 4d, 4f, 5, and 8(a)(5) of the Act, 7 U.S.C. 2, 5, 6, 6c, 6d, 6f, 7, and 12(a)(5).

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). The

Federal Register

notice with a 60-day comment period soliciting comments on this collection of information was published on November 12, 2008 (73 FR 66846).

Burden statement:

The respondent burden for this collection is estimated to average .10 hours per response.

Respondents/Affected Entities:

413.

Estimated number of responses:

20,376.

Estimated total annual burden on respondents:

7,885 hours.

Frequency of collection:

On occasion.

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. 3038-0007 in any correspondence.

William Penner, Division of Clearing and Intermediary Oversight, Commodity Futures Trading Commission, 1155 21st Street, NW., Washington, DC 20581, and

Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for CFTC, 725 17th Street, Washington, DC 20503.

Dated: January 12, 2009.

David A. Stawick,

Secretary of the Commission.

[FR Doc. E9-1146 Filed 1-16-09; 8:45 am]

BILLING CODE 6351-01-P