22 Jul 2025
📊CFTC Notice on Information Collection for Trade Data Reporting
Agency Information Collection Activities Under OMB Review
Summary
In compliance with the Paperwork Reduction Act of 1995, 44 U.S.C. 3501 et seq. (PRA), this notice announces that the Information Collection Request (ICR) abstracted below has been forwarded to the Office of Management and Budget (OMB) for review and comment. The ICR describes the nature of the information collection and its expected costs and burden.
Agencies
- Commodity Futures Trading Commission
Business Impact
$$ - Med
The document outlines compliance and regulatory requirements for Reporting Markets under CFTC Rule 16.02 to report trade data. This has direct implications for business owners who operate in commodities trading, as non-compliance could result in penalties. The expected time burden of 10,000 hours annually for reporting firms adds to operational costs.