The Commodity Futures Trading Commission has announced a proposed extension for the information collection titled "Copies of Crop and Market Information Reports" under OMB Control No. 3038-0015. The collection is crucial for market surveillance and aims to prevent false or misleading reports affecting commodity prices. The estimated annual burden is 1.7 hours, affecting about 10 respondents. Public comments on the proposal are invited until March 1, 2021, through various methods, including online submissions and mail.
Simple Explanation
The Commodity Futures Trading Commission wants to keep track of certain reports to make sure nobody tricks people about the prices of important goods like crops. They ask about 10 people each year to help them by filling out some forms, which should take less than 2 hours. People can say what they think about this plan before March 1, 2021.