Comment Text:
Title: Core Principles and Other Requirements for Swap Execution
Facilities (OMB Control No. 3038-0074). This is a request for extension
of a currently approved information collection.
Abstract: Section 5h to the Commodity Exchange Act (``CEA'') sets
forth the requirements concerning the registration and operation of
swap execution facilities (``SEFs''), which the Commission has
implemented in part 37 of its regulations. These information
collections are needed for the Commission to ensure that SEFs comply
with these requirements. Among other requirements, part 37 of the
Commission's regulations imposes SEF registration requirements for a
trading platform or system, obligates SEFs to provide transaction
confirmations to swap counterparties, and requires SEFs to comply with
15 core principles. Collection 3038-0074 was created in response to the
part 37 regulatory requirements for SEFs.
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;
