Market regulation · 24/09/1998

Public Information Collection Requirement

The Commodity Futures Trading Commission is planning to renew information collection 3038-0013, Exemptions from Speculative Limits, which is due to expire February 28, 1999. Section 4a(1) of the Commodity Exchange Act (Act) allows the Commission to set speculative limits in any commodity for futures delivery in order to prevent excessive speculation. Certain sections of the Act and/or the Commission's Regulations allow exemptions from the speculative limits for persons using the market for hedging and, under certain circumstances, for commodity pool operators and similar traders. This information collection contains the recordkeeping and reporting requirements needed to ensure regulatory compliance with Commission rules relating to this issue. In compliance with the Paperwork Reduction Act of 1995, the Commission solicits comments to: