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OMB Control No: 3038-0013	ICR Reference No: 202001-3038-002
Status: Historical Active	Previous ICR Reference No: 201612-3038-006
Agency/Subagency: CFTC	Agency Tracking No:
Title: Aggregation of Positions
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 03/02/2020
	Date Received in OIRA: 01/30/2020
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2023	36 Months From Approved	03/31/2020
Responses	340	0	340
Time Burden (Hours)	6,850	0	6,850
Cost Burden (Dollars)	1,088,000	0	1,088,000

Abstract: This submission submits the Final Rule under 17 CFR Part 150, "Aggregation of Positions." (The specifics of the final rule are described below in the second paragraph.) 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. Market participants under the proposed rules must combine positions of owned entities for purposes of complying with speculative limits, but the proposed rules also provide for certain exemptions. The reporting and record-keeping requirements proposed would be used by the Commission generally and by Commission surveillance staff in particular to verify the aggregation of positions across multiple entities, and for general surveillance purposes. This additional data would allow the Commission to understand how market participants are applying exemptions, ensure the proper application of such exemptions, and provide the Commission with information to adjust exemptions in the future. "Aggregation of Positions," Final Rule--The Commission 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:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 63861	11/19/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 5402	01/30/2020
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

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	340	340
Annual Time Burden (Hours)	6,850	6,850
Annual Cost Burden (Dollars)	1,088,000	1,088,000

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

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]? Yes

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

View ICR - OIRA Conclusion