98-25620. Public Information Collection Requirement

[Federal Register Volume 63, Number 185 (Thursday, September 24, 1998)]
[Notices]
[Page 51059]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-25620]


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COMMODITY FUTURES TRADING COMMISSION


Public Information Collection Requirement

AGENCY: Commodity Futures Trading Commission.

ACTION: Off-Exchange Agricultural Trade Options.

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SUMMARY: The Commodity Futures Trading Commission is planning to renew 
information collection 3038-0048, Off-Exchange Agricultural Trade 
Options, which is due to expire January 31, 1999. The Commission has 
removed the prohibition on off-exchange trade options on the 
agricultural commodities enumerated in the Commodity Exchange Act 
pursuant to a three-year pilot program. This information collection 
contains the recordkeeping and reporting requirements needed to ensure 
regulatory compliance with Commission rules relating to this issue. 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 receive on or before [].

ADDRESSES: Persons wishing to comment on this information collection 
should contact the CFTC Clearance Officer, 1155 21st Street NW, 
Washington, DC 20581, [phone].
    Title: Off-Exchange Agricultural Trade Options.
    Control Number: 3038-0048.
    Action: Extension.
    Respondents: Agricultural Trade Option Merchants.
    Estimated Annual Burden: 32,060.

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                                                                         Estimated #                  Est. avg.
               Respondents                     Regulation (17 CFR)           of          Annual       hours per
                                                                         respondents    responses     response
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ATMs.....................................  Parts 3 and 32.............        3,610         5,915        32,060
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    Issued in Washington, D.C. on September 21, 1998.
Jean A. Webb,
Secretary of the Commission.
[FR Doc. 98-25620 Filed 9-23-98; 8:45 am]
BILLING CODE 6351-01-M