Agency Information Collection Activities: Notice of Intent To Renew Collection Number 3038-0007, Regulation of Domestic Exchange-Traded Options

CourtCommodity Futures Trading Commission
Citation86 FR 46227
Publication Date18 Aug 2021
Record Number2021-17719
Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices
that there is an observer effect in the
Northeast multispecies fishery. This
observer effect could mean observed
trips are not representative of
unobserved trips. CLF also states that,
without accurate and precise catch data,
managers cannot appropriately apply
the accountability measures that are
designed to prevent overfishing.
Last, CLF states that measures to
protect essential fish habitat, help
rebuild cod stock age structure, account
for sub-populations, and account for
climate change impacts, are critical to
cod recovery. CLF asserts that the
rebuilding plans that have been
implemented for cod do not identify
and protect critical cod spawning areas
or adequately conserve habitat for
juvenile cod. CLF also states that past
management actions have failed to
address truncated cod stock age
structures, which may contribute to
reduced recruitment and decreased
resilience to stressors. CLF asserts that
managing cod as two stocks (Gulf of
Maine and Georges Bank) fails to
account for sub-populations, and that
recent research by the Atlantic Cod
Stock Working Group suggests that at
least three sub-populations exist.
Differences in the characteristics of
these sub-populations, such as
differences in spawning seasonality, are
important for stock recovery. Finally,
CLF states that stock assessments and
management measures for Atlantic cod
must account for impacts to the stock
due to climate change, especially since
temperature and other environmental
conditions have been shown to impact
cod biology.
The CLF petition requests NMFS
implement all of the following
conservation and management
1. 100-percent at-sea monitoring on
all commercial groundfish trips.
2. Measures to prohibit directed
commercial and recreational fishing for
Atlantic cod that:
a. Implement large area closures once
a stock’s incidental limit is caught;
b. Reduce the incidental catch rate
annually, consistent with the current
ABC control rule until overfishing is
c. Prioritize the allocation of
incidental catch to groundfish vessels,
consistent with the current
methodology; and
d. Ensure that any incidental catch
history during the closure of the
directed fishery will not count towards
future potential sector contributions.
3. Area closures to protect all
identified Atlantic cod spawning
locations and favorable habitat for
juvenile and adult cod.
4. A requirement to use modified
groundfish gear, such as haddock
separator trawl or other selective fishing
technology, throughout the U.S. range of
Atlantic cod to reduce incidental cod
5. Additional measures in the
recreational fisheries to reduce the
mortality of incidental catch of Atlantic
In a letter dated June 10, 2020, NMFS
requested the New England Fishery
Management Council consider the
petition. Because Council development
of fishery management measures is the
core of the Magnuson-Stevens Act,
NMFS wanted to ensure that the
Council considered the petition and had
the opportunity to take appropriate
action through the Council process if it
deemed that such action was necessary.
After considering the petition at its June
Council meeting, the Council sent a
letter to NMFS on November 27, 2020,
describing its consideration and
conclusions. The Council concluded
that the petition does not have merit
based on its rejection of CLF’s assertions
underlying its claim that the Council
has failed to take measures necessary to
protect cod and declined to consider a
majority of CLF’s recommended
measures. The Council stated that it
already approved increasing monitoring
requirements in Amendment 23 to the
Northeast Multispecies FMP. Also, it is
important to note that the Council plans
to consider how new cod stock structure
information may affect development of
conservation and management measures
and is advocating for the development
of a new data-limited modeling
approach for the Eastern George Bank
cod. See
for the Council’s
letter and grounds for its decision.
The Magnuson-Stevens Act authorizes
regional fishery management councils to
develop fishery management measures,
and specifically provides the New
England Fishery Management Council
with the authority to manage the Gulf of
Maine and Georges Bank cod stocks. For
the reasons described above and in the
Council’s letter to NMFS, the Council
declined to take additional action on
Atlantic cod after reviewing the
contents of the petition. However, CLF
has provided sufficient information and
support in its request for Secretarial
action to warrant publication of a notice
seeking public comment.
In addition to the petition and
information provided by CLF and the
Council, NMFS will consider comments
received when determining whether to
proceed with the development of
conservation and management measures
suggested by the petition. Upon
determining whether to initiate the
rulemaking suggested by the petition,
the Assistant Administrator for
Fisheries, NOAA, will publish a notice
of the agency’s decision or action in the
Federal Register.
Authority: 16 U.S.C. 1801 et seq.
Dated: August 12, 2021.
Kelly Denit,
Acting Deputy Assistant Administrator for
Regulatory Programs, National Marine
Fisheries Service.
[FR Doc. 2021–17674 Filed 8–17–21; 8:45 am]
Agency Information Collection
Activities: Notice of Intent To Renew
Collection Number 3038–0007,
Regulation of Domestic Exchange-
Traded Options
: Commodity Futures Trading
: Notice; extension of an existing
: The Commodity Futures
Trading Commission (CFTC) is
announcing an opportunity for public
comment on the proposed extension of
a collection of certain information by
the agency. Under the Paperwork
Reduction Act of 1995 (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 in
response to the notice. This notice
solicits comments on rules related to
risk disclosure concerning exchange-
traded commodity options.
: Comments must be submitted on
or before October 18, 2021.
: You may submit comments,
identified by ‘‘OMB Control No. 3038–
0007,’’ by any of the following methods:
The CFTC website, at http:// Follow the
instructions for submitting comments
through the website.
Mail: Christopher Kirkpatrick,
Secretary of the Commission,
Commodity Futures Trading
Commission, Three Lafayette Centre,
1155 21st Street NW, Washington, DC
Delivery/Courier: Same as Mail
Please submit your comments using
only one method and identify that it is
for the extension/renewal of Collection
Number 3038–0007. All comments must
be submitted in English, or if not,
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Federal Register / Vol. 86, No. 157 / Wednesday, August 18, 2021 / Notices
46 FR 63035 (Dec. 30, 1981).
17 CFR 145.9, 74 FR 17395 (Apr. 15, 2009).
accompanied by an English translation.
Comments will be posted as received to
Jacob Chachkin, Associate Chief
Counsel, Market Participants Division,
Commodity Futures Trading
Commission, telephone: (202) 418–
5496; email:
: 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. 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.
To comply with this requirement, the
CFTC is publishing notice of the
proposed extension of an existing
collection of information listed below.
Title: Rules Relating to Regulation of
Domestic Exchange-Traded Options,
OMB Control Number 3038–0007—
Extension of a currently approved
Abstract: The rules require futures
commission merchants (FCMs) and
introducing brokers (IBs): (1) To provide
their customers with standard risk
disclosure statements concerning the
risk of trading commodity interests; and
(2) to retain all promotional material
and the source of authority for
information contained therein. The
purpose of these rules is to ensure that
customers are advised of the risks of
trading commodity interests and to
avoid fraud and misrepresentation. This
information collection contains the
recordkeeping and reporting
requirements needed to ensure
regulatory compliance with Commission
rules relating to this issue. The
disclosure and recordkeeping
requirements are necessary to monitor
and to verify compliance by FCMs and
IBs with their obligations concerning
disclosure and promotional material.
With respect to the above collection of
information, the CFTC invites
comments on:
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;
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;
Ways to enhance the quality,
usefulness, and clarity of the
information to be collected; and
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.
You should submit only information
that you wish to make available
publicly. If you wish the Commission to
consider information that you believe is
exempt from disclosure under the
Freedom of Information Act, a petition
for confidential treatment of the exempt
information may be submitted according
to the procedures established in section
145.9 of the Commission’s regulations.
The Commission reserves the right,
but shall have no obligation to, review,
pre-screen, filter, redact, refuse or
remove any or all of your submission
from that it may
deem to be inappropriate for
publication, such as obscene language.
All submissions that have been redacted
or removed that contain comments on
the merits of the Information Collection
Requirement will be retained in the
public comment file and will be
considered as required under the
Administrative Procedure Act and other
applicable laws, and may be accessible
under the Freedom of Information Act.
Burden Statement: The Commission
estimates the burden of this collection
of information as follows:
Estimated Number of Annual
Respondents: 1,112.
Estimated Average Annual Burden
Hours per Respondent: 34.2.
Estimated Total Annual Burden
Hours: 38,030.4.
Frequency of Collection: Occasional.
There are no capital costs or operating
and maintenance costs associated with
this collection.
(Authority: 44 U.S.C. 3501 et seq.)
Dated: August 13, 2021.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2021–17719 Filed 8–17–21; 8:45 am]
Office of the Secretary
[Docket ID: DoD–2021–OS–0085]
Privacy Act of 1974; System of
: Defense Threat Reduction
Agency (DTRA), Department of Defense
: Notice of a modified system of
: The DTRA is modifying a
system of records, titled ‘‘Nuclear Test
Participants,’’ HDTRA 010. Each year,
the DTRA uses this system of records to
respond to over 700 atomic veteran
radiogenic disease compensation
inquiries from the Department of Justice
(DOJ) and Department of Veterans
Affairs (VA). The DTRA’s responses
include verification of participation in
nuclear testing programs or military
operations for presumptive claims, and
radiation dose assessments for non-
presumptive claims. The intended effect
of modifying this SORN is to make
updates associated with changes being
made to the underlying information
system that maintains these records.
: This system of records
modification is effective upon
publication; however, comments on the
Routine Uses will be accepted on or
before September 17, 2021. The Routine
Uses are effective at the close of the
comment period.
: You may submit comments,
identified by docket number and, by any
of the following methods:
Federal Rulemaking Portal: https://
Follow the instructions for submitting
Mail: DoD cannot receive written
comments at this time due to the
COVID–19 pandemic. Comments should
be sent electronically to the docket
listed above.
Instructions: All submissions received
must include the agency name and
docket number for this Federal Register
document. The general policy for
comments and other submissions from
members of the public is to make these
submissions available for public
viewing on the internet at https:// as they are
received without change, including any
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