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View ICR - OIRA Conclusion

OMB Control No: 3038-0092	ICR Reference No: 202311-3038-003
Status: Active	Previous ICR Reference No: 202010-3038-005
Agency/Subagency: CFTC	Agency Tracking No:
Title: Customer Clearing Documentation and Timing of Acceptance for Clearing
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: 12/21/2023
	Date Received in OIRA: 11/13/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2026	36 Months From Approved	01/31/2024
Responses	180	0	183
Time Burden (Hours)	7,200	0	7,320
Cost Burden (Dollars)	0	0	0

Authorizing Statute(s): US Code: 7 USC 6d(c) Name of Law: Conflicts of Interest
   PL: Pub.L. 111 - 203 124 Stat. 1376 (2010) Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 7 USC 6s(j)(5) Name of Law: Duties – Conflicts of Interest
   US Code: 7 USC 6s(j)(6) Name of Law: Duties – Antitrust Considerations
   US Code: 7 USC 2(h)(1)(B)(ii) Name of Law: Clearing Requirement – In General – Open Access

Citations for New Statutory Requirements: None

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	180	183	-3
Annual Time Burden (Hours)	7,200	7,320	-120
Annual Cost Burden (Dollars)	0	0	0

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: While the number of DCOs remains the same, at 15 registrants as in 2020, the burden hour adjustment is due to a decrease in the number of SDs, MSPs, and FCMs from 168 to 165, resulting in 180 as the total number of respondents (from 183 in 2020). While the burden hours, at 40 hours per respondent, remains the same as in 2020, the renewal reflects the increase in hourly burden cost from $100.00 to $120.00, bringing the total annual respondent burden cost to $864,000 ($120 x 40 hrs. per respondent x 180 respondents), an increase from $732,000 in respondent burden cost in 2020.

Annual Cost to Federal Government: $0

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. Yes

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? No

Agency Contact: Thuy Dinh 202 418-5128 tdinh@cftc.gov

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