[Federal Register Volume 64, Number 169 (Wednesday, September 1, 1999)]
[Notices]
[Page 47773]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-22736]
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COMMODITY FUTURES TRADING COMMISSION
Public Information Collection Requirement
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice of intent to renew information collection 3038-0043--
Rules relating to review of National Futures Association Decisions in
Disciplinary, Membership Denial, Registration, and Member
Responsibility Actions.
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SUMMARY: The Commodity Futures Trading Commission is planning to renew
information collection 3038-0043, Rules Relating to Review of National
Futures Association Decisions in Disciplinary, Membership Denial,
Registration, and Member Responsibility Actions, which is due to expire
November 30, 1999. 17 CFR part 171 rules require a registered futures
association to provide fair and orderly procedures for membership and
disciplinary actions. The Commission's review of decisions of
registered futures associations in disciplinary, membership denial,
registration, and member responsibility actions is governed by Section
17(h)(2) of the Commodity Exchange Act, 7 U.S.C. Section 21(h)(2)
(1994). The rules establish procedures and standards for Commission
review of such actions, and the reporting requirements included in the
procedural rules are either directly required by Section 17 of the Act
or are necessary to the type of appellate review role Congress intended
the Commission to undertake when it adopted that provision.
In compliance with the Paperwork Reduction Act of 1995, the
Commission solicits comments to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of the agency, including the
validity of the methodology and assumptions used;
(2) Evaluate the accuracy of the agency's estimate of the burden of
the collection of information including the validity of the methodology
and assumptions used;
(3) Enhance the quality, utility, and clarity of the information to
be collected; and
(4) Minimize the burden of the collection of the 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.
DATES: Comments must be received on or before November 1, 1999.
ADDRESS: Persons wishing to comment on this information collection
should contact the CFTC Clearance Officer, 1155 21st Street NW,
Washington, DC 20581, (202) 418-5160.
Title: Rules Relating to Review of National Futures Association
Decisions in Disciplinary, Membership Denial, Registration, and Member
Responsibility Actions.
Control number: 3038-0043.
Action: Extension.
Respondents: National Futures Association and parties to Part 171
proceedings.
Estimated Annual Burden: 126 hours.
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Estimated
Respondents Regulation (17 CFR) number of Annual Est. avg. hours
respondents responses per response
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National Futures association and Part 171............... 14 55 3.5
parties to Part 171 proceedings.
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Issued in Washington, D.C. on August 26, 1999.
Catherine D. Dixon,
Assistant Secretary of the Commission.
[FR Doc. 99-22736 Filed 8-31-99; 8:45 am]
BILLING CODE 6351-01-M
