Federal Register #2026-22889

CFTC Seeks Comment on Omnibus Account Margin Information Collection

The Commodity Futures Trading Commission is seeking public input on continuing an information collection about margin requirements for omnibus accounts. - Government buyer: Commodity Futures Trading Commission (CFTC); no specific sub-agency or office is identified. - Notice type: Information-collection renewal, not a procurement opportunity. - Requirement: Under CFTC Regulation 1.58, futures commission merchants (FCMs) must collect exchange-set margins for omnibus accounts on a gross basis. For certain hedge or spread positions, the carrying FCM must keep a written representation from the originating FCM or foreign broker. - Estimated reporting burden: 74 respondents, 296 responses per year, and 24 total burden hours per year; responses occur as needed. - Comment topics: The necessity and practical usefulness of the collection, burden estimates, improving information quality and clarity, and reducing respondent burden through technology or other methods. - OEMs, vendors, products, and services: None identified.

Description

The Commodity Futures Trading Commission (CFTC) is seeking public comment on extending its information collection under OMB Control Number 3038-0026. CFTC Regulation 1.58 requires futures commission merchants to margin omnibus accounts on a gross rather than net basis, and requires carrying firms to maintain a written representation for certain hedge or spread positions. The notice seeks comments on the collection’s necessity, burden estimates, ways to improve the information, and ways to reduce respondent burden. Comments are due January 11, 2027.

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