90 FR 57962

[Federal Register Volume 90, Number 238 (Monday, December 15, 2025)]
[Notices]
[Pages 57962-57963]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-22808]

[[Page 57962]]

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COMMODITY FUTURES TRADING COMMISSION

Agency Information Collection Activities: Notice of Intent To
Extend Collection 3038-0055, Privacy of Consumer Financial Information

AGENCY: Commodity Futures Trading Commission.

ACTION: Notice.

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SUMMARY: The Commodity Futures Trading Commission (``CFTC'' or
``Commission'') is announcing an opportunity for public comment on the
proposed renewal of a collection of certain information by the agency.
Under the Paperwork Reduction Act (``PRA''), Federal agencies are
required to publish notice in the Federal Register concerning each
proposed collection of information, including each proposed extension
of an existing collection of information, and to allow 60 days for
public comment. This notice solicits comments on the collection of
information mandated by the Commission's regulations involving Privacy
of Consumer Financial Information Under Title V of the Gramm-Leach-
Bliley Act.

DATES: Comments must be submitted on or before February 13, 2026.

ADDRESSES: You may submit comments, identified by ``Privacy of Consumer
Financial Information,'' and OMB Control No. 3038-0055, by any of the
following methods:
The Agency's website, at https://comments.cftc.gov/.
Follow the instructions for submitting comments through the website.
Mail: Christopher Kirkpatrick, Secretary of the
Commission, Commodity Futures Trading Commission, Three Lafayette
Centre, 1155 21st Street NW, Washington, DC 20581.
Hand Delivery/Courier: Same as Mail above.
Please submit your comments using only one method.

FOR FURTHER INFORMATION CONTACT: Dina Moussa, Special Counsel, (202)
418-5696 or [email protected]; or Catherine Brescia, Attorney Advisor,
Market Participants Division, (202) 418-5465 or [email protected],
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st
Street NW, Washington, DC 20581, and refer to OMB Control No. 3038-
0055.

SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501 et seq.,
Federal agencies must obtain approval from the Office of Management and
Budget (``OMB'') for each collection of information they conduct or
sponsor. ``Collection of Information'' is defined in 44 U.S.C. 3502(3)
and 5 CFR 1320.3 and includes agency requests or requirements that
members of the public submit reports, keep records, or provide
information to a third party. Section 3506(c)(2)(A) of the PRA, 44
U.S.C. 3506(c)(2)(A), requires Federal agencies to provide a 60-day
notice in the Federal Register concerning each proposed collection of
information, including each proposed extension of an existing
collection of information, before submitting the collection to OMB for
approval. To comply with this requirement, the CFTC is publishing
notice of the proposed extension of the existing collection of
information listed below. An agency may not conduct or sponsor, and a
person is not required to respond to, a collection of information
unless it displays a currently valid OMB control number.
Title: Privacy of Consumer Financial Information (OMB Control No.
3038-0055). This is a request for an extension of a currently approved
information collection.
Abstract: Section 124 of the Commodity Futures Modernization Act of
2000 \1\ amended the Commodity Exchange Act (``the Act'') and added a
new Section 5g \2\ to the Act to (i) provide that futures commission
merchants, commodity trading advisors, commodity pool operators, and
introducing brokers that are subject to CFTC jurisdiction with respect
to any financial activity shall be treated as a financial institution
for purposes of Title V, Subtitle A of the Gramm-Leach-Bliley Act
(``GLB Act''), (ii) treat the Commission as a Federal functional
regulator for purposes of applying the provisions of the GLB Act, and
(iii) direct the Commission to prescribe regulations under Title V of
the GLB Act.
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\1\ Section 124, Appendix E of Public Law 106-554, 114 Stat.
2763 (2000).
\2\ 7 U.S.C. 7b-2.
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The Commission adopted regulations for these entities under Part
160 and later extended them to retail foreign exchange dealers, swap
dealers, and major swap participants.\3\ Part 160 requires those
subject to the regulations, among other things, to provide privacy and
opt out notices to customers and consumers, and to adopt appropriate
policies and procedures to safeguard customer records and information.
In April 2019, the Commission adopted amendments to its regulations to
provide an exception to its annual privacy notice requirement under
certain conditions.\4\
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\3\ 17 CFR part 160. See Privacy of Customer Information, 66 FR
21235 (Apr. 27, 2001); Regulation of Off-Exchange Retail Foreign
Exchange Transactions and Intermediaries, 75 FR 55409 (Sep. 10,
2010); and Privacy of Consumer Financial Information; Conforming
Amendments Under Dodd-Frank Act, 76 FR 43874 (Jul. 22, 2011).
\4\ Privacy of Consumer Financial Information--Amendment to
Conform Regulations to the Fixing America's Surface Transportation
Act, 84 FR 17341 (Apr. 25, 2019).
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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.
All comments must be submitted in English, or if not, accompanied
by an English translation. Comments will be posted as received to
https://www.cftc.gov. You should submit only information that you wish
to make available publicly. If you wish the Commission to consider
information that you believe is exempt from disclosure under the
Freedom of Information Act (``FOIA''), a petition for confidential
treatment of the exempt information may be submitted according to the
procedures established in Sec. 145.9 of the Commission's
regulations.\5\
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\5\ 17 CFR 145.9.
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The Commission reserves the right, but shall have no obligation, to
review, pre-screen, filter, redact, refuse or remove any or all of your
submission from https://www.cftc.gov that it may deem to be
inappropriate for publication, such as obscene language. All
submissions that have been redacted or removed that contain comments on
the merits of the information collection request will be retained in
the public comment file and will be considered as required under the
Administrative Procedure Act and other applicable laws, and may be
accessible under FOIA.
Burden Statement: The respondent burden for this collection is
estimated to be as follows:

[[Page 57963]]

Estimated Number of Respondents: 3,399.
Estimated Number of Annual Responses per Respondent: 95.
Estimated Total Number of Annual Responses per Respondent: 322,905.
Estimated Time per Response: 2 minutes.
Estimated Total Annual Burden Hours: 10,764.
Frequency of Collection: Annual.
There are no capital costs or operating and maintenance costs
associated with this collection.
Authority: 44 U.S.C. 3501 et seq.

Dated: December 11, 2025.
Robert Sidman,
Deputy Secretary of the Commission.
[FR Doc. 2025-22808 Filed 12-12-25; 8:45 am]
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