Agency Information Collection Activities Under OMB Review

Issuing agencies

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.

Full Text

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<title>Federal Register, Volume 91 Issue 203 (Thursday, October 22, 2026)</title>
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[Federal Register Volume 91, Number 203 (Thursday, October 22, 2026)]
[Notices]
[Pages 66690-66692]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-21579]


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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 Information Collection Request (ICR)

[[Page 66691]]

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.

DATES: Comments must be submitted on or before November 23, 2026.

ADDRESSES: You may submit comments, specifically referencing ``OMB 
Control No. 3038-0097,'' 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: Daniel O'Connell, Special Counsel, 
Division of Clearing and Risk, Commodity Futures Trading Commission, 
(202) 418-5583; email: <a href="/cdn-cgi/l/email-protection#14707b777b7a7a71787854777260773a737b62"><span class="__cf_email__" data-cfemail="096d666a6667676c6565496a6f7d6a276e667f">[email&#160;protected]</span></a>, and refer to OMB Control No. 
3038-0097.

SUPPLEMENTARY INFORMATION: 
    Title: Process for Review of Swaps for Mandatory Clearing (OMB 
Control No. 3038-0097). This is a request for extension of a currently 
approved information collection.
    Abstract: The Commodity Exchange Act and Commission regulations 
require a derivatives clearing organization (DCO) that wishes to accept 
a swap for clearing to be eligible to clear the swap and to submit the 
swap to the Commission for a determination as to whether the swap is 
required to be cleared. Commission Regulation 39.5 sets forth the 
process for these submissions. The Commission will use the information 
in this collection to determine whether a DCO that wishes to accept a 
swap for clearing is eligible to clear the swap and whether the swap 
should be required to be cleared. 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.
    On July 28, 2026, the Commission published in the Federal Register 
notice of the proposed extension of this information collection and 
provided 60 days for public comment on the proposed extension, 91 FR 
47225 (``60-Day Notice''). The Commission received one comment from an 
anonymous submitter regarding its PRA burden estimates.\1\ The comment 
asked how the Commission modeled or concluded that each registered DCO 
will submit one swap submission per year at an estimated 40 hours per 
submission.
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    \1\ Anonymous Commenter Letter.
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    The Commission's estimate of one submission per DCO per year is 
intended to account for variations in the number of swap submissions 
received by year by DCO. Some DCOs may be required to file multiple 
swap submissions in connection with the launch of new clearing 
initiatives, while other DCOs may not file any swap submissions in a 
given year.
    The Commission's estimate of 40 hours per DCO submission is based 
on the Commission's experience reviewing the submissions. It considers 
the scope of topics the submissions must address, the level of detail 
typically provided by DCOs, the Commission's possible engagement with 
DCOs regarding submissions, and the nature of the information that may 
be sought by Commission staff. Generally, DCOs also have aggregated and 
presented information about new cleared swaps in other contexts, such 
as public marketing materials or as part of ongoing DCO supervision.
    The comment also sought the Commission's rationale for its estimate 
that the regulation does not entail separate operation and maintenance 
costs for DCOs. The regulation requires only the provision of certain 
swap information that is part of other rule submissions done in the 
ordinary course of launching new cleared swap offerings. DCOs typically 
comply with this regulation along with other required Commission 
reporting and notifications.
    Burden Statement: The respondent burden for this collection is 
estimated to be as follows:
    Estimated Number of Respondents: 24.
    Estimated Average Burden Hours per Respondent: 40.
    Estimated Total Annual Burden Hours: 960.
    Frequency of Collection: On occasion. A DCO is only required to 
make a one-time submission before it first accepts a swap for clearing.

[[Page 66692]]

    There are no capital costs or operating and maintenance costs 
associated with this collection.

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

    Dated: October 19, 2026.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2026-21579 Filed 10-21-26; 8:45 am]
BILLING CODE 6351-01-P


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