Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to Modifications to the Fee Schedule, 596-598 [2010-33252]
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596
Federal Register / Vol. 76, No. 3 / Wednesday, January 5, 2011 / Notices
hours (3 responses × 2 hours = 6 hours).
The total cost of compliance for the
annual burden is $1,510.50 ($316 × 1.5
hours per response + $59 × 0.5 hours per
response = $503.50 per response;
$503.50 × 3 responses = $1,510.50). In
addition, estimated overhead costs for
printing, copying, and postage equal to
35% of the value of labor costs amount
to $176.23 per respondent ($503.5 times
35%). Thus, the Commission estimates
the total annualized cost burden would
be $528.69 ($176.23 × 3 respondents).
An estimated two respondents will
meet certain volume thresholds
requiring them to establish standards for
granting access on its trading system.
The Commission estimates that the
average compliance burden for each
response would be 5 hours of in-house
professional work at $316 per hour.
Thus, the total compliance burden per
year is 10 hours (2 responses × 5 hours
= 10 hours). The total cost of
compliance for the annual burden is
$3,160 ($316 × 5 hours per response ×
2 responses = $3,160). In addition,
estimated overhead costs for printing,
copying, and postage equal to 35% of
the value of labor costs amount to $553
per response ($1,580 times 35%). Thus,
the Commission estimates the total
annualized cost burden would be $1,106
($553 × 2 respondents).
An estimated two respondents will
meet certain volume thresholds
requiring them to provide notice to any
user upon any decision to deny or limit
that user’s access to the system, and
these notice obligations will be triggered
an estimated 27 times per year for each
respondent. The Commission estimates
that the average compliance burden for
each response would be 1 hour of inhouse professional work at $316 per
hour. Thus, the total compliance burden
per year is 54 hours (2 respondents × 27
responses each × 1 hour = 54 hours).
The total cost of compliance for the
annual burden is $17,064 ($316 × 1 hour
per response × 54 responses = $17,064).
In addition, estimated overhead costs
for printing, copying, and postage equal
to 35% of the value of labor costs
amount to $110.60 per response ($316
times 35%). Thus, the Commission
estimates the annualized cost burden for
each respondent would be $2,986.20
($110.60 × 27 responses per respondent)
and the total annualized cost burden for
all respondents would be $5,972.40
($110.60 × 2 respondents × 27 responses
per respondent).
An estimated two respondents will
meet certain volume thresholds
requiring them to keep records relating
to any steps taken to comply with
systems capacity, integrity, and security
requirements under Rule 301. The
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Commission estimates that the average
compliance burden for each response
would be 10 hours of in-house
professional work at $316 per hour.
Thus, the total compliance burden per
year is 20 hours (2 respondents × 10
hours = 20 hours). The total cost of
compliance for the annual burden is
$6,320 ($316 × 20 hours = $6,320). In
addition, estimated overhead costs for
printing, copying, and postage equal to
35% of the value of labor costs amount
to $1,106 per response ($3,160 times
35%). Thus, the Commission estimates
the total annualized cost burden would
be $2,212 ($1,106 × 2 respondents).
An estimated two respondents will
meet certain volume thresholds
requiring them to provide a notice to the
Commission to report any systems
outages, and these notice obligations
will be triggered an estimated 5 times
per year for each respondent. The
Commission estimates that the average
compliance burden for each response
would be .25 hours of in-house
professional work at $316 per hour.
Thus, the total compliance burden per
year is 2.5 hours (2 respondents × 5
responses each × .25 hours = 2.5 hours).
The total cost of compliance for the
annual burden is $790 ($316 × .25 hours
per response × 10 responses = $790). In
addition, estimated overhead costs for
printing, copying, and postage equal to
35% of the value of labor costs amount
to $27.65 per response ($79 times 35%).
Thus, the Commission estimates the
annualized cost burden for each
respondent would be $138.25 ($27.65 ×
5 responses per respondent) and the
total annualized cost burden for all
respondents would be $276.50 ($27.65 ×
2 respondents × 5 responses per
respondent).
Compliance with Rule 301 is
mandatory. The information required by
the Rule 301 is available only to the
examination of the Commission staff,
state securities authorities and the
SROs. Subject to the provisions of the
Freedom of Information Act, 5 U.S.C.
522 (‘‘FOIA’’), and the Commission’s
rules thereunder (17 CFR
200.80(b)(4)(iii)), the Commission does
not generally publish or make available
information contained in any reports,
summaries, analyses, letters, or
memoranda arising out of, in
anticipation of, or in connection with an
examination or inspection of the books
and records of any person or any other
investigation.
Regulation ATS requires alternative
trading systems to preserve any records,
for at least three years, made in the
process of complying with the systems
capacity, integrity and security
requirements. An agency may not
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conduct or sponsor, and a person is not
required to respond to, a collection of
information unless it displays a
currently valid control number.
The public may view the background
documentation for this information
collection at the following Web site,
https://www.reginfo.gov. Comments
should be directed to: (i) Desk Officer
for the Securities and Exchange
Commission, Office of Information and
Regulatory Affairs, Office of
Management and Budget, Room 10102,
New Executive Office Building,
Washington, DC 20503, or by sending an
e-mail to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Thomas Bayer, Chief Information
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
6432 General Green Way, Alexandria,
VA 22312 or send an e-mail to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: December 30, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–33271 Filed 1–4–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63612; File No. SR–FICC–
2010–10]
Self-Regulatory Organizations; Fixed
Income Clearing Corporation; Notice of
Filing and Immediate Effectiveness of
Proposed Rule Change Relating to
Modifications to the Fee Schedule
December 29, 2010.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 notice is hereby given that on
December 21, 2010, the Fixed Income
Clearing Corporation (‘‘FICC’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change as described in
Items I and II, which Items have been
prepared primarily by FICC. FICC filed
the proposed rule change pursuant to
Section 19(b)(3)(A)(ii) of the Act 2 and
Rule 19b–4(f)(2) 3 thereunder so that the
proposal was effective upon filing with
the Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
1 15
U.S.C. 78s(b)(1).
U.S.C. 78s(b)(3)(A)(ii).
3 17 CFR 240.19b–4(f)(2).
2 15
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Federal Register / Vol. 76, No. 3 / Wednesday, January 5, 2011 / Notices
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The purpose of this filing is to modify
participant fees. The fee changes are
effective as of January 1, 2011.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission,
FICC included statements concerning
the purpose of and basis for the
proposed rule change and discussed any
comments it received on the proposed
rule change. The text of these statements
may be examined at the places specified
in Item IV below. FICC has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Government Securities Division
(‘‘GSD’’)
(a) The fee structure for submission of
a side of a trade and submission of a
Repo Transaction is revised to reflect
the following:
Current fee
Up to 50,000 submissions per month .....................................................
50,001 to 100,000 submissions per month .............................................
2011 proposed fee
$0.21 per item ...............................
$0.12 per item ...............................
$0.27 per item.
$0.15 per item.
(b) The following Netting Fee and
Charges have been revised as follows:
Current fee
1. For each side of a Compared Trade, other than a Repo Transaction, that is netted, a fee equaling the sum (in addition to the
comparison fee) of:
2. For each Start Leg or Close Leg of a Repo Transaction other than
a GCF Repo Transaction that is netted, a fee equaling the sum (in
addition to the comparison fee) of:
jlentini on DSKJ8SOYB1PROD with NOTICES
(c) Currently, the charge to a member
for the processing and reporting by the
GSD of a GCF Repo® transaction is $.05
per million gross dollar amount of such
transaction with a minimum charge of
$2.50. The current charge makes no
distinction between inter-dealer broker
members and non-inter-dealer broker
members. The proposed new charge will
apply different charges to inter-dealer
broker members and non-inter-dealer
broker members. Specifically, the charge
for non-inter-dealer broker members
will remain unchanged at $.05 per
million with a minimum charge of
$2.50. The charge for inter-dealer
brokers will be $.025 per million with
a minimum charge of $1.25.
(d) The charge for each Deliver
Obligation and Receive Obligation
created as a result of the netting process
is a fee of $0.10 per $1 million of par
value. This fee is being increased to
$0.15 per $1 million.
(e) Repo Transaction Processing Fee.
a. For a term Repo Transaction other
than a GCF Repo Transaction that has
2011 proposed fee
(i) $0.16; and
(ii) $0.016 per $1 million of par
value.
(i) $0.16; and
(ii) $0.016 per $1 million of par
value.
(i) $0.18; and
(ii) $0.018 per $1 million of par
value.
(i) $0.18; and
(ii) $0.018 per $1 million of par
value.
been compared and netted, but which
has not yet settled, a fee calculated as
follows:
i. For Repo Brokers (as defined in
subsection III.H of the GSD Fee
Structure) with respect to their brokered
Repo Transaction activity, a .010 basis
point charge (i.e., one hundredth of a
basis point) applied to the gross dollar
amount of each such Repo Transaction
is currently in effect. This will be
increased to 0.0175 basis point charge
(i.e. one and three quarter hundredth of
a basis point) and
ii. For all other Netting Members, as
well as Repo Brokers with respect to
their non-brokered Repo Transaction
activity, a .020 basis point charge (i.e.,
two hundredths of a basis point) applied
to the gross dollar amount of each such
Repo Transaction is currently in effect.
This will be increased to a 0.025 basis
point charge (i.e. two and a half
hundredth of a basis point).
b. For a GCF Repo Transaction that
has been compared and netted, but
which has not yet settled, a fee
calculated as follows:
i. For Repo Brokers acting as GCF–
Authorized-Inter-Dealer Brokers, a .010
basis point charge (i.e., one hundredth
of a basis point) applied to the gross
dollar amount of such GCF Repo
Transaction. This will be increased to
0.0175 basis point charge (i.e., one and
three quarter hundredths of a basis
point) applied to the gross dollar
amount of such GCF Repo Transaction
and
ii. For all other Netting Members, a
.020 basis point charge (i.e., two
hundredths of a basis point) applied to
the gross dollar amount of such GCF
Repo Transaction. This will be
increased to 0.025 basis point charge
(i.e., two and one half hundredths of a
basis point) applied to the gross dollar
amount of such GCF Repo Transaction.
2. Mortgage Backed Securities Division
(‘‘MBSC’’) Fee Changes
The MBSD fee structure is revised to
reflect the following:
Current old fee
2011 proposed fee
Par value
millions
Par value
millions
Up to 2,500 trades per month .................................................................................................................
2,501 to 5,000 trades per month .............................................................................................................
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$1.44
1.32
05JAN1
$1.68
1.54
598
Federal Register / Vol. 76, No. 3 / Wednesday, January 5, 2011 / Notices
Current old fee
2011 proposed fee
Par value
millions
Par value
millions
5,001 to 7,500 trades per month .............................................................................................................
7,501 to 10,000 trades per month ...........................................................................................................
10,001 to 12,500 trades per month .........................................................................................................
12,501 and over trades per month ..........................................................................................................
FICC states that the proposed rule
change is consistent with the
requirements of Section 17A of the Act 4
and the rules and regulations
thereunder because it updates FICC’s fee
schedule and provides for the equitable
allocation of fees among its participants.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
FICC has not solicited or received
written comments relating to the
proposed rule change. FICC will notify
the Commission of any comments it
receives.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A)(ii) of the Act 5 and Rule 19b–
4(f)(2) 6 because the proposed rule
change establishes or changes a due, fee,
or other charge applicable only to a
member. At any time within 60 days of
the filing of the proposed rule change,
the Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act
jlentini on DSKJ8SOYB1PROD with NOTICES
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
U.S.C. 78q–1.
note 2.
6 Supra note 3.
5 Supra
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16:26 Jan 04, 2011
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• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml) or
• Send an e-mail to rulecomments@sec.gov. Please include File
No. SR–FICC–2010–10 on the subject
line.
Paper Comments
FICC does not believe that the
proposed rule change will have any
impact or impose any burden on
competition.
4 15
Electronic Comments
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File No.
SR–FICC–2010–10. This file number
should be included on the subject line
if e-mail is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C 552, will be
available for Web site viewing and
printing in the Commission’s Public
Reference Room, 100 F Street, NE.,
Washington DC 20549, on official
business days between the hours of 10
a.m. and 3 p.m. Copies of such filings
also will be available for inspection and
copying at FICC’s principal office and
on FICC’s Web site at https://
www.dtcc.com/legal/rule_filings/ficc/
2010.php. All comments received will
be posted without change; the
Commission does not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly. All submission
should refer to File No. SR–FICC–2010–
10 and should be submitted on or before
January 26, 2011.
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1.19
1.11
0.98
0.85
1.39
1.30
1.15
0.99
For the Commission by the Division of
Trading and Markets pursuant to delegated
authority.7
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010–33252 Filed 1–4–11; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–63620; File No. SR–
NYSEAmex–2010–122]
Self-Regulatory Organizations; NYSE
Amex LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Extending the Operation
of Its New Market Model Pilot, Until the
Earlier of Securities and Exchange
Commission Approval To Make Such
Pilot Permanent or August 1, 2011
December 29, 2010.
Pursuant to Section 19(b)(1) 1 of the
Securities Exchange Act of 1934 (the
‘‘Act’’) and Rule 19b–4 thereunder,2
notice is hereby given that on December
17, 2010, NYSE Amex LLC (the
‘‘Exchange’’ or ‘‘NYSE Amex’’) filed with
the Securities and Exchange
Commission (the ‘‘Commission’’) the
proposed rule change as described in
Items I and II below, which Items have
been prepared by the self-regulatory
organization. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to extend the
operation of its New Market Model
Pilot, currently scheduled to expire on
January 31, 2011, until the earlier of
Securities and Exchange Commission
(‘‘SEC’’ or ‘‘Commission’’) approval to
make such pilot permanent or August 1,
2011. The text of the proposed rule
change is available at the Exchange, the
7 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
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05JAN1
]]>Agencies
[Federal Register Volume 76, Number 3 (Wednesday, January 5, 2011)]
[Notices]
[Pages 596-598]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-33252]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-63612; File No. SR-FICC-2010-10]
Self-Regulatory Organizations; Fixed Income Clearing Corporation;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change
Relating to Modifications to the Fee Schedule
December 29, 2010.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ notice is hereby given that on December 21, 2010, the
Fixed Income Clearing Corporation (``FICC'') filed with the Securities
and Exchange Commission (``Commission'') the proposed rule change as
described in Items I and II, which Items have been prepared primarily
by FICC. FICC filed the proposed rule change pursuant to Section
19(b)(3)(A)(ii) of the Act \2\ and Rule 19b-4(f)(2) \3\ thereunder so
that the proposal was effective upon filing with the Commission. The
Commission is publishing this notice to solicit comments on the
proposed rule change from interested persons.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 15 U.S.C. 78s(b)(3)(A)(ii).
\3\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
[[Page 597]]
I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change
The purpose of this filing is to modify participant fees. The fee
changes are effective as of January 1, 2011.
II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, FICC included statements
concerning the purpose of and basis for the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. FICC has prepared summaries, set forth in sections A, B,
and C below, of the most significant aspects of such statements.
A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change
1. Government Securities Division (``GSD'')
(a) The fee structure for submission of a side of a trade and
submission of a Repo Transaction is revised to reflect the following:
------------------------------------------------------------------------
Current fee 2011 proposed fee
------------------------------------------------------------------------
Up to 50,000 submissions per $0.21 per item.... $0.27 per item.
month.
50,001 to 100,000 submissions $0.12 per item.... $0.15 per item.
per month.
------------------------------------------------------------------------
(b) The following Netting Fee and Charges have been revised as
follows:
------------------------------------------------------------------------
Current fee 2011 proposed fee
------------------------------------------------------------------------
1. For each side of a Compared (i) $0.16; and (i) $0.18; and
Trade, other than a Repo (ii) $0.016 per $1 (ii) $0.018 per $1
Transaction, that is netted, a million of par million of par
fee equaling the sum (in value.. value.
addition to the comparison fee)
of:
2. For each Start Leg or Close (i) $0.16; and (i) $0.18; and
Leg of a Repo Transaction other (ii) $0.016 per $1 (ii) $0.018 per $1
than a GCF Repo Transaction million of par million of par
that is netted, a fee equaling value.. value.
the sum (in addition to the
comparison fee) of:
------------------------------------------------------------------------
(c) Currently, the charge to a member for the processing and
reporting by the GSD of a GCF Repo[supreg] transaction is $.05 per
million gross dollar amount of such transaction with a minimum charge
of $2.50. The current charge makes no distinction between inter-dealer
broker members and non-inter-dealer broker members. The proposed new
charge will apply different charges to inter-dealer broker members and
non-inter-dealer broker members. Specifically, the charge for non-
inter-dealer broker members will remain unchanged at $.05 per million
with a minimum charge of $2.50. The charge for inter-dealer brokers
will be $.025 per million with a minimum charge of $1.25.
(d) The charge for each Deliver Obligation and Receive Obligation
created as a result of the netting process is a fee of $0.10 per $1
million of par value. This fee is being increased to $0.15 per $1
million.
(e) Repo Transaction Processing Fee.
a. For a term Repo Transaction other than a GCF Repo Transaction
that has been compared and netted, but which has not yet settled, a fee
calculated as follows:
i. For Repo Brokers (as defined in subsection III.H of the GSD Fee
Structure) with respect to their brokered Repo Transaction activity, a
.010 basis point charge (i.e., one hundredth of a basis point) applied
to the gross dollar amount of each such Repo Transaction is currently
in effect. This will be increased to 0.0175 basis point charge (i.e.
one and three quarter hundredth of a basis point) and
ii. For all other Netting Members, as well as Repo Brokers with
respect to their non-brokered Repo Transaction activity, a .020 basis
point charge (i.e., two hundredths of a basis point) applied to the
gross dollar amount of each such Repo Transaction is currently in
effect. This will be increased to a 0.025 basis point charge (i.e. two
and a half hundredth of a basis point).
b. For a GCF Repo Transaction that has been compared and netted,
but which has not yet settled, a fee calculated as follows:
i. For Repo Brokers acting as GCF-Authorized-Inter-Dealer Brokers,
a .010 basis point charge (i.e., one hundredth of a basis point)
applied to the gross dollar amount of such GCF Repo Transaction. This
will be increased to 0.0175 basis point charge (i.e., one and three
quarter hundredths of a basis point) applied to the gross dollar amount
of such GCF Repo Transaction and
ii. For all other Netting Members, a .020 basis point charge (i.e.,
two hundredths of a basis point) applied to the gross dollar amount of
such GCF Repo Transaction. This will be increased to 0.025 basis point
charge (i.e., two and one half hundredths of a basis point) applied to
the gross dollar amount of such GCF Repo Transaction.
2. Mortgage Backed Securities Division (``MBSC'') Fee Changes
The MBSD fee structure is revised to reflect the following:
------------------------------------------------------------------------
Current old fee 2011 proposed fee
---------------------------------------
Par value Par value
millions millions
------------------------------------------------------------------------
Up to 2,500 trades per month.... $1.44 $1.68
2,501 to 5,000 trades per month. 1.32 1.54
[[Page 598]]
5,001 to 7,500 trades per month. 1.19 1.39
7,501 to 10,000 trades per month 1.11 1.30
10,001 to 12,500 trades per 0.98 1.15
month..........................
12,501 and over trades per month 0.85 0.99
------------------------------------------------------------------------
FICC states that the proposed rule change is consistent with the
requirements of Section 17A of the Act \4\ and the rules and
regulations thereunder because it updates FICC's fee schedule and
provides for the equitable allocation of fees among its participants.
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------
B. Self-Regulatory Organization's Statement on Burden on Competition
FICC does not believe that the proposed rule change will have any
impact or impose any burden on competition.
C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others
FICC has not solicited or received written comments relating to the
proposed rule change. FICC will notify the Commission of any comments
it receives.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A)(ii) of the Act \5\ and Rule 19b-4(f)(2) \6\ because the
proposed rule change establishes or changes a due, fee, or other charge
applicable only to a member. At any time within 60 days of the filing
of the proposed rule change, the Commission summarily may temporarily
suspend such rule change if it appears to the Commission that such
action is necessary or appropriate in the public interest, for the
protection of investors, or otherwise in furtherance of the purposes of
the Act
---------------------------------------------------------------------------
\5\ Supra note 2.
\6\ Supra note 3.
---------------------------------------------------------------------------
IV. Solicitation of Comments
Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change is consistent with the Act. Comments may be submitted by any of
the following methods:
Electronic Comments
Use the Commission's Internet comment form (https://www.sec.gov/rules/sro.shtml) or
Send an e-mail to rule-comments@sec.gov. Please include
File No. SR-FICC-2010-10 on the subject line.
Paper Comments
Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.
All submissions should refer to File No. SR-FICC-2010-10. This file
number should be included on the subject line if e-mail is used. To
help the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's Internet Web site (https://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change between the Commission and any person, other
than those that may be withheld from the public in accordance with the
provisions of 5 U.S.C 552, will be available for Web site viewing and
printing in the Commission's Public Reference Room, 100 F Street, NE.,
Washington DC 20549, on official business days between the hours of 10
a.m. and 3 p.m. Copies of such filings also will be available for
inspection and copying at FICC's principal office and on FICC's Web
site at https://www.dtcc.com/legal/rule_filings/ficc/2010.php. All
comments received will be posted without change; the Commission does
not edit personal identifying information from submissions. You should
submit only information that you wish to make available publicly. All
submission should refer to File No. SR-FICC-2010-10 and should be
submitted on or before January 26, 2011.
For the Commission by the Division of Trading and Markets
pursuant to delegated authority.\7\
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\7\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-33252 Filed 1-4-11; 8:45 am]
BILLING CODE 8011-01-P
