Comment Text:
Abstract: Section 2(h)(1)(A) of the Commodity Exchange Act requires
certain entities to submit for clearing certain swaps if they are
required to be cleared by the Commission. Commission regulation 50.52
permits certain affiliated entities to elect not to clear inter-
affiliate swaps that otherwise would be required to be cleared,
provided that they meet certain conditions. The rule further requires
the reporting of certain information if the inter-affiliate exemption
from clearing is elected. The Commission will use the information
described in this collection and reported pursuant to Commission
regulation 50.52 to monitor the use of the inter-affiliate exemption
from the Commission's swap clearing requirement and to assess any
potential market risks associated with such exemption.
With respect to the 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 for 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 Sec. 145.9
