Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Add Additional Series of Credit Default Index Swaps Available for Clearing, 16572-16574 [2012-6763]
Download as PDF
<![CDATA[
16572
Federal Register / Vol. 77, No. 55 / Wednesday, March 21, 2012 / Notices
SYSTEM MANAGER(S) AND ADDRESS:
EXEMPTION CLAIMED FOR THE SYSTEM:
Associate Executive Director, Office of
Human Resources, Securities and
Exchange Commission, Operations
Center, 6432 General Green Way, Mail
Stop 0–1, Alexandria, VA 22312–2413.
NOTIFICATION PROCEDURE:
None.
Dated: March 15, 2012.
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012–6788 Filed 3–20–12; 8:45 am]
All requests to determine whether this
system of records contains a record
pertaining to the requesting individual
may be directed to the FOIA/PA Officer,
Securities and Exchange Commission,
100 F Street NE., Washington, DC
20549–5100.
RECORD ACCESS PROCEDURES:
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66601; File No. SR–CME–
2012–07]
Persons wishing to obtain information
on the procedures for gaining access to
or contesting the contents of these
records may contact the FOIA/PA
Officer, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–5100.
Self-Regulatory Organizations;
Chicago Mercantile Exchange Inc.;
Notice of Filing and Immediate
Effectiveness of Proposed Rule
Change To Add Additional Series of
Credit Default Index Swaps Available
for Clearing
CONTESTING RECORD PROCEDURES:
March 15, 2012.
See Record access procedures above.
RECORD SOURCE CATEGORIES:
All information is provided by Fitness
Center members.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 19b-4 thereunder,2
notice is hereby given that on March 9,
2012, Chicago Mercantile Exchange Inc.
(‘‘CME’’) filed with the Securities and
Exchange Commission (‘‘Commission’’)
the proposed rule change described in
Items I, II and III below, which items
have been prepared primarily by CME.
CME filed the proposed rule change
pursuant to Section 19(b)(3)(A) 3 of the
Act and Rule 19b–4(f)(4)(i) 4 thereunder.
I. Self-Regulatory Organization’s
Statement of Terms of Substance of the
Proposed Rule Change
The text of the proposed rule change
is below. Italicized text indicates
additions; bracketed text indicates
deletions.
*
*
*
*
*
CHICAGO MERCANTILE EXCHANGE
INC. RULEBOOK
Rule 100—80203—No Change.
CME Chapter 802 Rules: Appendix I
Appendix 1
CDX INDICES
CDX Index
Termination date
(scheduled termination)
Series
9
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
10
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
11
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
12
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
13
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
14
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
15
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
erowe on DSK2VPTVN1PROD with NOTICES
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
16
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
17
1 15
2 17
U.S.C. 78s(b)(1).
CFR 240.19b–4.
VerDate Mar<15>2010
15:15 Mar 20, 2012
3 15
4 17
Jkt 226001
PO 00000
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(4)(i).
Frm 00058
Fmt 4703
Sfmt 4703
E:\FR\FM\21MRN1.SGM
21MRN1
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
Dec 2012.
Dec 2014.
Dec 2017.
Jun 2013.
Jun 2015.
Jun 2018.
Dec 2011.
Dec 2013.
Dec 2015.
Dec 2018.
Jun 2012.
Jun 2014.
Jun 2016.
Jun 2019.
Dec 2012.
Dec 2014.
Dec 2016.
Dec 2019.
Jun 2013.
Jun 2015.
Jun 2017.
Jun 2020.
Dec 2013.
Dec 2015.
Dec 2017.
Dec 2020.
Jun 2014.
Jun 2016.
Jun 2018.
Jun 2021.
Dec 2014.
Dec 2016.
Dec 2018.
16573
Federal Register / Vol. 77, No. 55 / Wednesday, March 21, 2012 / Notices
CDX INDICES—Continued
CDX Index
Termination date
(scheduled termination)
Series
CDX North American Investment Grade (CDX.NA.IG) ..............................................................................
18
CDX
CDX
CDX
CDX
CDX
CDX
CDX
CDX
11
12
13
14
15
16
17
18
North
North
North
North
North
North
North
North
American
American
American
American
American
American
American
American
High
High
High
High
High
High
High
High
Yield
Yield
Yield
Yield
Yield
Yield
Yield
Yield
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
(CDX.NA.HY)
*
*
*
*
*
Rule 80301—End—No change
*
*
*
*
*
II. Self-Regulatory Organization’s
Statement of Purpose of, and Statutory
Basis for, the Proposed Rule Change
In its filing with the Commission,
CME included statements concerning
the purpose 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. CME has prepared
summaries, set forth in sections A, B,
and C below, of the most significant
aspects of such statements.
erowe on DSK2VPTVN1PROD with NOTICES
A. Self-Regulatory Organization’s
Statement of Purpose of, and Statutory
Basis for, the Proposed Rule Change
CME offers clearing services for
certain credit default swap index
products. Currently, CME offers clearing
of the Markit CDX North American
Investment Grade Series 9, 10, 11, 12,
13, 14, 15, 16 and 17 and also offers
clearing of the Markit CDX North
American High Yield Series 11, 12, 13,
14, 15, 16 and 17.
The proposed rule changes that are
the subject of this filing are intended to
expand CME’s Markit CDX North
American Investment Grade and Markit
CDX North American High Yield
product offerings by incorporating the
upcoming Series 18 for both sets of
index products.
The proposed rule changes that are
the subject of this filing became
immediately effective upon filing this
proposed rule change with the
Commission. CME notes that it has also
certified the proposed rule changes that
are the subject of this filing to its
primary regulator for swaps, the
Commodity Futures Trading
Commission (‘‘CFTC’’). The text of the
VerDate Mar<15>2010
15:15 Mar 20, 2012
Jkt 226001
.........................................................................................
.........................................................................................
.........................................................................................
.........................................................................................
.........................................................................................
.........................................................................................
.........................................................................................
.........................................................................................
CME proposed rule change is included
above, with additions italicized and
deletions in brackets.
The proposed CME rule change
merely incorporates one additional
series to CME’s existing offering of
broad-based Markit CDX North
American Investment Grade and CDX
North American High Yield credit
default swaps. As such, the proposed
amendments simply effect changes to an
existing service of a registered clearing
agency that (1) do not adversely affect
the safeguarding of securities or funds
in the custody or control of the clearing
agency or for which it is responsible and
(2) do not significantly affect the
respective rights or obligations of the
clearing agency or persons using its
clearing agency services. Therefore, the
proposed rule change is therefore
properly filed under Section 19(b)(3)(A)
and Rule 19b–4(f)(4)(i) thereunder.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
CME 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
CME has not solicited and does not
intend to solicit comments regarding
this proposed rule change. CME has not
received any unsolicited written
comments from interested parties.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change was filed
pursuant to Section 19(b)(3)(A) of the
Act and paragraph (f)(4)(i) of Rule 19b–
4 thereunder and therefore became
effective on filing. At any time within
PO 00000
Frm 00059
Fmt 4703
Sfmt 4703
20
20
20
20
20
20
20
20
20
20
20
20
20
Dec 2021.
Dec 2014.
Dec 2016.
Dec 2018.
Dec 2021.
Dec 2013.
Jun 2014.
Dec 2014.
Jun 2015.
Dec 2015.
Jun 2016.
Dec 2016.
Jun 2017.
sixty days of the filing of such 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.
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 may be
submitted by using the Commission’s
Internet comment form (https://
www.sec.gov/rules/sro.shtml), or send
an email to rule-comments@sec.gov.
Please include File No. SR–CME–2012–
07 on the subject line.
• Paper comments should be sent 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
Number SR–CME–2012–07. This file
number should be included on the
subject line if email 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
E:\FR\FM\21MRN1.SGM
21MRN1
16574
Federal Register / Vol. 77, No. 55 / Wednesday, March 21, 2012 / Notices
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 filing
also will be available for inspection and
copying at the principal office of CME
and on CME’s Web site at https://
www.cmegroup.com/market-regulation/
files/SEC_19b-4_x12-07x.pdf. 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 submissions should refer to File
Number SR–CME–2012–07 and should
be submitted on or before April 11,
2012.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.5
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2012–6763 Filed 3–20–12; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–66609; File No. SR–CBOE–
2012–024]
Self-Regulatory Organizations;
Chicago Board Options Exchange,
Incorporated; Notice of Filing and
Immediate Effectiveness of a Proposed
Rule Change Relating to Telemarketing
Rules
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange proposes to amend
Rule 9.24, Telephone Solicitation, to
revise and add provisions that are
substantially similar to Federal Trade
Commission (‘‘FTC’’) rules that prohibit
deceptive and other abusive
telemarketing acts or practices.3 The
text of the proposed rule change is
available on the Exchange’s Web site
(https://www.cboe.com/AboutCBOE/
CBOELegalRegulatoryHome.aspx), at
the Exchange’s Office of the Secretary,
and at the Commission’s Public
Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange 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. The
Exchange 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 the
Statutory Basis for, the Proposed Rule
Change
1. Purpose
The Exchange proposes to amend
Rule 9.24, Telephone Solicitation,4 to
revise and add provisions that are
substantially similar to FTC rules that
prohibit deceptive and other abusive
telemarketing acts or practices.5 Rule
erowe on DSK2VPTVN1PROD with NOTICES
March 15, 2012.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (the
‘‘Act’’),1 and Rule 19b–4 thereunder,2
notice is hereby given that on March 2,
2012, the Chicago Board Options
Exchange, Incorporated (the ‘‘Exchange’’
or ‘‘CBOE’’) filed with the Securities
and Exchange Commission (the
‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
substantially prepared by the Exchange.
The Commission is publishing this
notice to solicit comments on the
proposed rule change from interested
persons.
5 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
1 15
VerDate Mar<15>2010
15:15 Mar 20, 2012
Jkt 226001
3 The proposed rule change is substantially
similar in all material respects to Financial Industry
Regulatory Authority, Inc. (‘‘FINRA’’) Rule 3230
(Telemarketing), which the Commission recently
approved. See Securities Exchange Act Release No.
66279 (Jan. 30, 2012), 77 FR 5611 (Feb. 3, 2012)
(SR–FINRA–2011–059) (approval order of proposed
rule change to adopt telemarketing rule). The
proposed rule change amends the name of Rule 9.24
from Telephone Solicitation to Telemarketing.
4 The Exchange adopted Rule 9.24, effective
December 13, 2005, in response to the
recommendations of an industry task force,
comprised of representatives from various industry
regulatory and self-regulatory organizations, formed
to review broker-dealer telemarketing practices and
compliance with the Telephone Consumer
Protection Act of 1991 (‘‘TCPA’’), 47 U.S.C. 227, as
well as with Federal Communications Commission
(‘‘FCC’’) rules and regulations that implemented the
TCPA. See Securities Exchange Act Release No.
36588 (Dec. 13, 1995), 60 FR 65703 (Dec. 20, 21995)
(SR–CBOE–1995–063) (order approving adoption of
Rule 9.24).
5 The proposed rule change also amends
Appendix A to the CBOE Stock Exchange, LLC
PO 00000
Frm 00060
Fmt 4703
Sfmt 4703
9.24 requires Trading Permit Holders to,
among other things, maintain do-notcall lists, limit the hours of telephone
solicitations, and not use deceptive and
abusive acts and practices in connection
with telemarketing. The Commission
directed CBOE to enact these
telemarketing rules in accordance with
the Telemarketing Consumer Fraud and
Abuse Prevention Act of 1994
(‘‘Prevention Act’’).6 The Prevention Act
requires the Commission to promulgate,
or direct any national securities
exchange or registered securities
association to promulgate, rules
substantially similar to the FTC rules 7
to prohibit deceptive and other abusive
telemarketing acts or practices, unless
the Commission determines either that
the rules are not necessary or
appropriate for the protection of
investors or the maintenance of orderly
markets, or that existing federal
securities laws or Commission rules
already provide for such protection.8
In 1997, the Commission determined
that telemarketing rules promulgated
and expected to be promulgated by selfregulatory organizations, together with
the other rules of the self-regulatory
organizations, the federal securities laws
and the Commission’s rules thereunder,
satisfied the requirements of the
Prevention Act because, at the time, the
applicable provisions of those laws and
rules were substantially similar to the
FTC’s telemarketing rules.9 CBOE
amended Rule 9.24 at that time in
response to the Commission’s
determination.10 Since 1997, the FTC
has amended its telemarketing rules in
light of changing telemarketing practices
and technology.11
(‘‘CBSX’’) Rules to explicitly incorporate proposed
Rule 9.24 CBSX Rules. CBSX is a stock trading
facility of CBOE.
6 15 U.S.C. 6101–6108.
7 16 CFR 310.1–.9. The FTC adopted these rules
under the Prevention Act in 1995. See Federal
Trade Commission, Telemarketing Sales Rule, 60
FR 43842 (Aug. 23, 1995).
8 15 U.S.C. 6102.
9 See Telemarketing and Consumer Fraud and
Abuse Prevention Act; Determination that No
Additional Rulemaking Required, Securities
Exchange Act Release No. 38480 (Apr. 7, 1997), 62
FR 18666 (Apr. 16, 1996). The Commission also
determined that some provisions of the FTC’s
telemarketing rules related to areas already
extensively regulated by existing securities laws or
activities not applicable to securities transactions
See id.
10 See Securities Exchange Act Release No. 39010
(Sept. 3, 1997), 62 FR 47712 (Sept. 10, 1997) (SR–
CBOE–1997–039) (order granting accelerated
approval of amendments to Rule 9.24).
11 See, e.g., Federal Trade Commission,
Telemarketing Sales Rule, 73 FR 51164 (Aug. 29,
2008) (amendments to the Telemarketing Sales Rule
relating to prerecorded messages and call
abandonments); and Federal Trade Commission,
Telemarketing Sales Rule, 68 FR 4580 (Jan. 29,
2003) (amendments to the Telemarketing Sales Rule
E:\FR\FM\21MRN1.SGM
21MRN1
]]>Agencies
[Federal Register Volume 77, Number 55 (Wednesday, March 21, 2012)]
[Notices]
[Pages 16572-16574]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-6763]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-66601; File No. SR-CME-2012-07]
Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Add Additional Series of Credit Default Index Swaps Available for
Clearing
March 15, 2012.
Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on March 9, 2012, Chicago Mercantile Exchange Inc. (``CME'') filed with
the Securities and Exchange Commission (``Commission'') the proposed
rule change described in Items I, II and III below, which items have
been prepared primarily by CME. CME filed the proposed rule change
pursuant to Section 19(b)(3)(A) \3\ of the Act and Rule 19b-4(f)(4)(i)
\4\ thereunder.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(4)(i).
---------------------------------------------------------------------------
I. Self-Regulatory Organization's Statement of Terms of Substance of
the Proposed Rule Change
The text of the proposed rule change is below. Italicized text
indicates additions; bracketed text indicates deletions.
* * * * *
CHICAGO MERCANTILE EXCHANGE INC. RULEBOOK
Rule 100--80203--No Change.
CME Chapter 802 Rules: Appendix I
Appendix 1
CDX Indices
------------------------------------------------------------------------
Termination date
CDX Index Series (scheduled
termination)
------------------------------------------------------------------------
CDX North American Investment 9 20 Dec 2012.
Grade (CDX.NA.IG).
.................. 20 Dec 2014.
.................. 20 Dec 2017.
CDX North American Investment 10 20 Jun 2013.
Grade (CDX.NA.IG).
.................. 20 Jun 2015.
.................. 20 Jun 2018.
CDX North American Investment 11 20 Dec 2011.
Grade (CDX.NA.IG).
.................. 20 Dec 2013.
.................. 20 Dec 2015.
.................. 20 Dec 2018.
CDX North American Investment 12 20 Jun 2012.
Grade (CDX.NA.IG).
.................. 20 Jun 2014.
.................. 20 Jun 2016.
.................. 20 Jun 2019.
CDX North American Investment 13 20 Dec 2012.
Grade (CDX.NA.IG).
.................. 20 Dec 2014.
.................. 20 Dec 2016.
.................. 20 Dec 2019.
CDX North American Investment 14 20 Jun 2013.
Grade (CDX.NA.IG).
.................. 20 Jun 2015.
.................. 20 Jun 2017.
.................. 20 Jun 2020.
CDX North American Investment 15 20 Dec 2013.
Grade (CDX.NA.IG).
.................. 20 Dec 2015.
.................. 20 Dec 2017.
.................. 20 Dec 2020.
CDX North American Investment 16 20 Jun 2014.
Grade (CDX.NA.IG).
.................. 20 Jun 2016.
.................. 20 Jun 2018.
.................. 20 Jun 2021.
CDX North American Investment 17 20 Dec 2014.
Grade (CDX.NA.IG).
.................. 20 Dec 2016.
.................. 20 Dec 2018.
[[Page 16573]]
.................. 20 Dec 2021.
CDX North American Investment 18 20 Dec 2014.
Grade (CDX.NA.IG).
.................. 20 Dec 2016.
.................. 20 Dec 2018.
.................. 20 Dec 2021.
CDX North American High Yield 11 20 Dec 2013.
(CDX.NA.HY).
CDX North American High Yield 12 20 Jun 2014.
(CDX.NA.HY).
CDX North American High Yield 13 20 Dec 2014.
(CDX.NA.HY).
CDX North American High Yield 14 20 Jun 2015.
(CDX.NA.HY).
CDX North American High Yield 15 20 Dec 2015.
(CDX.NA.HY).
CDX North American High Yield 16 20 Jun 2016.
(CDX.NA.HY).
CDX North American High Yield 17 20 Dec 2016.
(CDX.NA.HY).
CDX North American High Yield 18 20 Jun 2017.
(CDX.NA.HY).
------------------------------------------------------------------------
* * * * *
Rule 80301--End--No change
* * * * *
II. Self-Regulatory Organization's Statement of Purpose of, and
Statutory Basis for, the Proposed Rule Change
In its filing with the Commission, CME included statements
concerning the purpose 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. CME 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 Purpose of, and
Statutory Basis for, the Proposed Rule Change
CME offers clearing services for certain credit default swap index
products. Currently, CME offers clearing of the Markit CDX North
American Investment Grade Series 9, 10, 11, 12, 13, 14, 15, 16 and 17
and also offers clearing of the Markit CDX North American High Yield
Series 11, 12, 13, 14, 15, 16 and 17.
The proposed rule changes that are the subject of this filing are
intended to expand CME's Markit CDX North American Investment Grade and
Markit CDX North American High Yield product offerings by incorporating
the upcoming Series 18 for both sets of index products.
The proposed rule changes that are the subject of this filing
became immediately effective upon filing this proposed rule change with
the Commission. CME notes that it has also certified the proposed rule
changes that are the subject of this filing to its primary regulator
for swaps, the Commodity Futures Trading Commission (``CFTC''). The
text of the CME proposed rule change is included above, with additions
italicized and deletions in brackets.
The proposed CME rule change merely incorporates one additional
series to CME's existing offering of broad-based Markit CDX North
American Investment Grade and CDX North American High Yield credit
default swaps. As such, the proposed amendments simply effect changes
to an existing service of a registered clearing agency that (1) do not
adversely affect the safeguarding of securities or funds in the custody
or control of the clearing agency or for which it is responsible and
(2) do not significantly affect the respective rights or obligations of
the clearing agency or persons using its clearing agency services.
Therefore, the proposed rule change is therefore properly filed under
Section 19(b)(3)(A) and Rule 19b-4(f)(4)(i) thereunder.
B. Self-Regulatory Organization's Statement on Burden on Competition
CME 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
CME has not solicited and does not intend to solicit comments
regarding this proposed rule change. CME has not received any
unsolicited written comments from interested parties.
III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action
The foregoing rule change was filed pursuant to Section 19(b)(3)(A)
of the Act and paragraph (f)(4)(i) of Rule 19b-4 thereunder and
therefore became effective on filing. At any time within sixty days of
the filing of such 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.
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 may be submitted by using the
Commission's Internet comment form (https://www.sec.gov/rules/sro.shtml), or send an email to rule-comments@sec.gov. Please include
File No. SR-CME-2012-07 on the subject line.
Paper comments should be sent 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 Number SR-CME-2012-07. This
file number should be included on the subject line if email 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
[[Page 16574]]
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 filing also will be available for
inspection and copying at the principal office of CME and on CME's Web
site at https://www.cmegroup.com/market-regulation/files/SEC_19b-4_x12-07x.pdf. 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 submissions should refer to File Number SR-CME-2012-07 and
should be submitted on or before April 11, 2012.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\5\
---------------------------------------------------------------------------
\5\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-6763 Filed 3-20-12; 8:45 am]
BILLING CODE 8011-01-P
