Agency Information Collection Activities: Notice of Intent To Extend Collection 3038-0026, Gross Collection of Exchange-Set Margins for Omnibus Accounts

Issuing agencies

Abstract

The Commodity Futures Trading Commission (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 extension of information collection requirements relating to Gross Collection of Exchange-Set Margins for Omnibus Accounts of CFTC Regulation 1.58.

Full Text

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<title>Federal Register, Volume 91 Issue 216 (Tuesday, November 10, 2026)</title>
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[Federal Register Volume 91, Number 216 (Tuesday, November 10, 2026)]
[Notices]
[Pages 72534-72535]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-22889]


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COMMODITY FUTURES TRADING COMMISSION


Agency Information Collection Activities: Notice of Intent To 
Extend Collection 3038-0026, Gross Collection of Exchange-Set Margins 
for Omnibus Accounts

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (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 extension of information 
collection requirements relating to Gross Collection of Exchange-Set 
Margins for Omnibus Accounts of CFTC Regulation 1.58.

DATES: Comments must be submitted on or before January 11, 2027.

ADDRESSES: You may submit comments, specifically referencing ``Notice 
of Intent to Extend Collection 3038-0026: Gross Collection of Exchange-
Set Margins for Omnibus Accounts,'' 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

[[Page 72535]]

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 proposal, such submission will 
be retained in the record for the matter and will be considered as 
required under the Administrative Procedure Act and other applicable 
laws, and may be accessible under the FOIA.

FOR FURTHER INFORMATION CONTACT: Jennifer Narvaez, Attorney Advisor, 
Market Participants Division, Commodity Futures Trading Commission, 
(202) 418-5152, <a href="/cdn-cgi/l/email-protection#cda7a3acbfbbaca8b78daeabb9aee3aaa2bb"><span class="__cf_email__" data-cfemail="73191d12010512160933101507105d141c05">[email&#160;protected]</span></a>, and refer to OMB Control No. 3038-
0026.

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(c) 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 CFTC is publishing 
notice of the proposed 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.
    Title: Gross Collection of Exchange-Set Margins for Omnibus 
Accounts (OMB Control Number 3038-0026). This is a request for 
extension of a currently approved information collection.
    Abstract: Commission Regulation 1.58 requires that FCMs margin 
omnibus accounts on a gross, rather than a net, basis. The regulation 
provides that the carrying FCM need not collect margin for positions 
traded by a person through an omnibus account in excess of the amount 
that would be required if the same person, instead of trading through 
an omnibus account, maintained its own account with the carrying FCM. 
To prevent abuse of this exception to the regulation, a carrying FCM 
must maintain a written representation from the originating FCM or 
foreign broker that the particular positions held in the omnibus 
account are part of a hedge or spread transaction. This rule is 
promulgated pursuant to the Commission's rulemaking authority contained 
in Sections 4c, 4d, 4f, 4g and 8a of the Commodity Exchange Act, 7 
U.S.C. 6c, 6d, 6f, 6g and 12a (2000).
    With respect to the following collection of information, the CFTC 
invites comments on:
    <bullet> 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;
    <bullet> 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;
    <bullet> Ways to enhance the quality, usefulness, and clarity of 
the information to be collected; and
    <bullet> 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.
    Burden Statement: The Commission is revising its estimate of the 
burden due to the increased number of futures commission merchants in 
the industry. The respondent burden for this collection is estimated to 
be as follows:
    <bullet> Estimated Number of Respondents: 74.
    <bullet> Total Annual Responses: 296.
    <bullet> Estimated Total Annual Burden Hours: 24.
    <bullet> Frequency of Collection: 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: November 6, 2026.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2026-22889 Filed 11-9-26; 8:45 am]
BILLING CODE 6351-01-P


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