Agency Information Collection Activities Under OMB Review
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Abstract
In compliance with the Paperwork Reduction Act of 1995 ("PRA"), this notice announces that the Information Collection Request ("ICR") abstracted below has been forwarded to the Office of Information and Regulatory Affairs ("OIRA"), of 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. A Federal Register Notice with a 60-day comment period soliciting comments on the ICR was published on March 5, 2026.
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<title>Federal Register, Volume 91 Issue 99 (Friday, May 22, 2026)</title>
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[Federal Register Volume 91, Number 99 (Friday, May 22, 2026)]
[Notices]
[Pages 30289-30291]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-10290]
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COMMODITY FUTURES TRADING COMMISSION
Agency Information Collection Activities Under OMB Review
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice.
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SUMMARY: In compliance with the Paperwork Reduction Act of 1995
(``PRA''), this notice announces that the
[[Page 30290]]
Information Collection Request (``ICR'') abstracted below has been
forwarded to the Office of Information and Regulatory Affairs
(``OIRA''), of 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. A Federal Register Notice
with a 60-day comment period soliciting comments on the ICR was
published on March 5, 2026.
DATES: Comments must be submitted on or before June 22, 2026.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be submitted within 30 days of this
notice's publication to OIRA, at <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>. Please find this particular information collection by
selecting ``Currently under 30-day Review--Open for Public Comments''
or by using the website's search function. Comments can be entered
electronically by clicking on the ``comment'' button next to the
information collection on the ``OIRA Information Collections Under
Review'' page, or the ``View ICR--Agency Submission'' page. A copy of
the supporting statement for the collection of information discussed
herein may be obtained by visiting <a href="https://www.reginfo.gov/public/do/PRAMain">https://www.reginfo.gov/public/do/PRAMain</a>.
In addition to the submission of comments to <a href="https://Reginfo.gov">https://Reginfo.gov</a> as
indicated above, a copy of all comments submitted to OIRA may also be
submitted to the Commodity Futures Trading Commission (the
``Commission'' or ``CFTC'') by any of the following methods:
<bullet> <a href="http://Regulations.gov">Regulations.gov</a>: Go to <a href="https://www.regulations.gov">https://www.regulations.gov</a> and
press the ``Search'' button, then proceed as follows:
1. Under Refine Documents Results--check the box to ``Only show
documents open for comment'';
2. Under Agency--select ``See More'' and check the box for
``Commodity Futures Trading Commission,'' then press the Apply button;
3. Identify this notice in the list of CFTC documents open for
comment, press the ``Comment'' button to open the submission form, and
follow the instructions on the form.
Alternatively, if you are viewing this notice on
<a href="http://www.federalregister.gov">www.federalregister.gov</a>, click the ``Submit A Public Comment'' button
at the top of the page to open the comment form. Follow the
instructions on the form to submit your comment to <a href="http://Regulations.gov">Regulations.gov</a>.
<bullet> Mail: Send to--Christopher Kirkpatrick, Secretary of the
Commission, Commodity Futures Trading Commission, Three Lafayette
Centre, 1155 21st Street NW, Washington, DC 20581.
<bullet> Hand Delivery/Courier: Address to--CFTC Comment
Submission, Attn: Christopher Kirkpatrick, Secretary of the Commission,
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st
Street NW, Washington, DC 20581.
Please submit your comments using only one of these methods. To
avoid possible delays with mail or in-person deliveries, submissions
through <a href="http://Regulations.gov">Regulations.gov</a> are encouraged.
All comments must be submitted in English or, if not, accompanied
by an English translation. Do not include in your comment text or
attachments any personal identifying information or business
information that you do not want published online. Comments (regardless
of submission method) will be published without review for, and without
removal of, any personal identifying information or information your
business may consider confidential.
If you wish to submit confidential information for the Commission's
consideration, please contact the CFTC personnel listed in this Notice
under FOR FURTHER INFORMATION CONTACT before making any submission.
Please also carefully review the Commission's procedures in 17 CFR
145.9 for requesting confidential treatment under the Freedom of
Information Act (FOIA) of information submitted to the Commission.
The CFTC reserves the right, but shall have no obligation, to
review, pre-screen, filter, or redact all or any part of your comment
submission. The CFTC also reserves the right, without further
notification, to refuse to publish or to remove from public view all or
any part of your submission to the extent it contains content
inappropriate for publication in a comment file, such as--without
limitation--obscene language, threats of violence, solicitations for
commercial sales or illegal activity, or obvious spam. If a submission
that is refused for or withdrawn from publication because of
inappropriate content also contains comments on the merits of this
notice, such submission will be retained in the record for the matter
and will be considered as required under the Administrative Procedure
Act, the Paperwork Reduction Act, and other applicable laws, and may be
accessible under the FOIA.
FOR FURTHER INFORMATION CONTACT: Michelle Ghim, Office of the General
Counsel, Commodity Futures Trading Commission, 202-418-5000. Three
Lafayette Centre, 1155 21st Street NW, Washington, DC 20581; email:
<a href="/cdn-cgi/l/email-protection#036562606243606577602d646c75"><span class="__cf_email__" data-cfemail="4620272527062520322568212930">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Qualification Information for Candidates to Advisory
Committees and Subcommittees. This is a request for an extension of a
currently approved information collection.
Abstract: The CFTC's advisory committees were created to provide
input and make recommendations to the Commission on a variety of
regulatory and market issues that affect the integrity and
competitiveness of U.S. derivatives markets. The committees facilitate
communication between the Commission and U.S. derivatives markets,
trading firms, market participants, and end users. The CFTC currently
has four advisory committees. The Energy and Environmental Markets
Advisory Committee was established by the Dodd-Frank Wall Street Reform
and Consumer Protection Act, Public Law 111-203, and subsequently
codified in the Commodity Exchange Act, 7 U.S.C. 1 et seq., at 7 U.S.C.
2(a)(15), and is not subject to the Federal Advisory Committee Act
(FACA), 5 U.S.C. 1001 et seq. The Agricultural Advisory Committee,
Global Markets Advisory Committee, and the Innovation Advisory
Committee are discretionary committees under the FACA. The Commission
also establishes subcommittees that report to advisory committees as
needed. Advisory committee and subcommittee members are generally
representatives, but depending on the issues to be addressed, the
Commission will appoint special government employees and officials from
other federal agencies from time to time. Representatives provide the
viewpoints of entities or recognizable groups, and they are expected to
represent a particular and known bias. On the other hand, special
government employees are expected to provide their own independent
judgment in committee deliberations and are expected to discuss and
deliberate in a manner that is free from conflicts of interest.\1\
Advisory committee and subcommittee members generally serve 2, 3 or 4-
year terms, and appointments are made following the establishment of a
new subcommittee or as committee or subcommittee vacancies arise.
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\1\ 18 U.S.C. 202(a).
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The CFTC identifies candidates for advisory committee and
subcommittee membership through a variety of
[[Page 30291]]
methods, including public requests for nominations; recommendations
from existing advisory committee members; consultations with
knowledgeable persons outside the CFTC (industry, consumer groups,
other state or federal government agencies, academia, etc.); requests
to be represented received from individuals and organizations; and
Commissioners' and CFTC staff's professional knowledge of those
experienced in the derivatives and underlying commodities markets.
Following the identification process, the CFTC develops a list of
proposed members with the relevant points of view needed to ensure
membership balance. The Commission then votes to appoint individuals,
or specified organizations, to serve.
The collection of information is necessary to support the CFTC
Advisory Committee Program which includes committees, most of which are
governed by the FACA, and subcommittees that report directly to the
advisory committees, as noted above. Pursuant to the FACA, an agency
must ensure that a committee is balanced with respect to the viewpoints
represented and the functions to be performed by that committee.
Consistent with this, in order to select individuals for potential
membership on an advisory committee, the CFTC must determine that
potential members are qualified to serve on an advisory committee and
that the viewpoints are properly balanced on the committee. The CFTC is
also required to ensure that committee members are properly designated
as special government employees or representatives.\2\ While CFTC
subcommittees are not subject to the FACA, the selection process for
subcommittee members who are not already serving on the parent
committee is similar to that of new committee members. Additionally,
the agency follows similar member selection procedures for the agency's
non-FACA committee.
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\2\ See, OGE DO-04X9, DO-04-022, and DO-05-012.
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CFTC staff would use the information collected to determine the
experience and expertise of potential advisory committee and
subcommittee members, ensure that the membership on a committee or
subcommittee is balanced, and ensure that committee and subcommittee
members are properly designated as representatives or special
government employees.
The CFTC seeks to collect the following information: Information
that supports an individual's experience and expertise to serve on an
advisory committee or subcommittee, including letters of interest,
recommendation letters, nomination letters (including self-
nominations), resumes, curriculum vitae or other similar biographical
information document. Additionally, information that ensures membership
balance (e.g., represented viewpoint category) and appropriate
designation of an individual as either a representative or special
government employee.
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.\3\ On March 5, 2026, the Commission
published in the Federal Register a notice of a proposed information
collection and provided 60 days for public comment on the proposed
extension, 91 FR 10799 (``60-Day Notice'').\4\ The Commission did not
receive any relevant comments on the 60-Day Notice.
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\3\ 44 U.S.C. 3512, 5 CFR 1320.5(b)(2)(i) and 1320.8 (b)(3)(vi).
\4\ In its 60-Day Notice, the Commission estimated that the
annual burden associated with this collection totaled 400 annual
burden hours. This estimate was based on an estimate of 400 annual
respondents serving on five Commission advisory committees. Since
the publication of the 60-Day Notice, the total number of Commission
advisory committees has decreased from 5 to 4. As a result of this
reduction and the associated reduction in total respondents, the
Commission is adjusting its burden estimate to 320 hours annually.
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Burden Statement: The respondent burden for this collection is
estimated to be as follows:
Estimated Number of Respondents: 320.
Estimated Average Burden Hours per Respondent: 1.
Estimated Total Annual Burden Hours: 320.
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: May 20, 2026.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2026-10290 Filed 5-21-26; 8:45 am]
BILLING CODE 6351-01-P
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