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OMB Control No: 3038-0013	ICR Reference No: 201612-3038-003
Status: Historical Inactive	Previous ICR Reference No: 201503-3038-002
Agency/Subagency: CFTC	Agency Tracking No:
Title: Aggregation of Positions
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn and continue	Conclusion Date: 12/21/2016
	Date Received in OIRA: 12/16/2016
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2018	36 Months From Approved	10/31/2018
Responses	16	0	16
Time Burden (Hours)	48	0	48
Cost Burden (Dollars)	0	0	0

Abstract: Section 4a(a) of the Commodity Exchange Act (Act) allows the Commission to set speculative limits in any commodity for future delivery in order to prevent excessive speculation. Certain sections of the Act and/or the Commission's regulations thereunder allow exemptions from the speculative limits for persons using the market for hedging and, under certain circumstances, commodity pool operators (CPOs) and similar traders. In order to take advantage of the exemptive relief under § 1.47 and 1.48, persons must file statements with the Commission. For relief under the Eligible Entity Exemption in § 150.3, entities must only furnish statements at the request of the Commission. The Commission requests statements of 2 such entities per year on average. The Commodity Futures Trading Commission (“Commission” or “CFTC”) is issuing a final rule to amend part 150 of the Commission’s regulations with respect to the policy for aggregation under the Commission’s position limits regime for futures and option contracts on nine agricultural commodities. The Commission notes that if its proposed position limits regime for other exempt and agricultural commodity futures and options contracts and the physical commodity swaps that are economically equivalent to such contracts are finalized, these amended regulations would also apply to the position limits regime for those contracts and swaps.

Authorizing Statute(s): US Code: 7 USC 6a Name of Law: Excessive Speculation

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3038-AD82	Final or interim final rulemaking	81 FR 91454	12/16/2016

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Exemptions from Speculative Limits

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $3,520

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Gail Scott 202 418-5139 gscott@cftc.gov

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