Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 2, Related to Enhancements to Its Risk Model for Credit Default Swaps, 60563 [2014-23847]
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Federal Register / Vol. 79, No. 194 / Tuesday, October 7, 2014 / Notices
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. If the
Commission takes such action, the
Commission shall institute proceedings
under Section 19(b)(2)(B) 14 of the Act to
determine whether the proposed rule
change should be approved or
disapproved.
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:
asabaliauskas on DSK5VPTVN1PROD with NOTICES
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rulecomments@sec.gov. Please include File
Number SR–NYSEMKT–2014–84 on the
subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE.,
Washington, DC 20549–1090.
All submissions should refer to File
Number SR–NYSEMKT–2014–84. 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
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
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the NYSE’s
principal office and on its Internet Web
site at www.nyse.com. All comments
received will be posted without change;
14 15
U.S.C. 78s(b)(2)(B).
VerDate Sep<11>2014
17:15 Oct 06, 2014
Jkt 235001
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–
NYSEMKT–2014–84 and should be
submitted on or before October 28,
2014.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–23848 Filed 10–6–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–73283; File No. SR–CME–
2014–28]
Self-Regulatory Organizations;
Chicago Mercantile Exchange Inc.;
Notice of Designation of Longer Period
for Commission Action on Proposed
Rule Change, as Modified by
Amendment No. 2, Related to
Enhancements to Its Risk Model for
Credit Default Swaps
October 1, 2014.
On August 8, 2014, Chicago
Mercantile Exchange Inc. (‘‘CME’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change SR–CME–2014–28
pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b-4 thereunder.2
The proposed rule change was
published for comment in the Federal
Register on August 18, 2014.3 On
September 2, 2014, CME filed
Amendment No. 2 to the proposed rule
change.4 Notice of Amendment No. 2 to
the proposed rule change was published
for comment in the Federal Register on
September 08, 2014.5 The Commission
did not receive comments on the
proposed rule change or Amendment
No. 2 thereto.
Section 19(b)(2) of the Act 6 provides
that within 45 days of the publication of
notice of the filing of a proposed rule
15 17
CFR 200.30–3(a)(12).
U.S.C. 78s(b)(1).
2 17 CFR 240.19b–4.
3 Securities Exchange Act Release No. 34–72834
(Aug. 13, 2014), 79 FR 48805 (Aug. 18, 2014) (SR–
CME–2014–28).
4 On August 18, 2014, CME filed Amendment No.
1 to the proposed rule change. CME withdrew
Amendment No. 1 on August 29, 2014.
5 Securities Exchange Act Release No. 34–72959
(Sep. 2, 2014), 79 FR 53234 (Sep. 8, 2014) (SR–
CME–2014–28).
6 15 U.S.C. 78s(b)(2).
1 15
PO 00000
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Fmt 4703
Sfmt 4703
60563
change, or within such longer period up
to 90 days as the Commission may
designate if it finds such longer period
to be appropriate and publishes its
reasons for so finding or as to which the
self-regulatory organization consents,
the Commission shall either approve the
proposed rule change, disapprove the
proposed rule change, or institute
proceedings to determine whether the
proposed rule change should be
disapproved. The 45th day from the
publication of notice of filing of this
proposed rule change is October 2,
2014. The Commission is extending this
45-day time period.
CME is proposing significant changes
to its risk model for the clearing of
broad-based index credit default swaps
(‘‘CDS’’), which share the same
Guaranty Fund with single-name CDS in
the event CME launches clearing of
single-name CDS. The Commission
finds it appropriate to designate a longer
period within which to take action on
the proposed rule change so that it has
sufficient time to consider the complex
issues under the proposed rule change.
Accordingly, the Commission,
pursuant to Section 19(b)(2) of the Act,7
designates November 16, 2014, as the
date by which the Commission should
either approve or disapprove, or
institute proceedings to determine
whether to disapprove, the proposed
rule change (File No. SR–CME–2014–
28).
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.8
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014–23847 Filed 10–6–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–73275; File No. SR–CME–
2014–31]
Self-Regulatory Organizations;
Chicago Mercantile Exchange Inc.;
Notice of Filing of Proposed Rule
Change, as Modified by Amendment
No. 2, Related to Clearing of Certain
iTraxx Europe Index Untranched CDS
Contracts on Indices Administered by
Markit
October 1, 2014.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (‘‘Act’’
or ‘‘Exchange Act’’),1 and Rule 19b–4
7 15
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(31).
1 15 U.S.C. 78s(b)(1).
8 17
E:\FR\FM\07OCN1.SGM
07OCN1
]]>Agencies
[Federal Register Volume 79, Number 194 (Tuesday, October 7, 2014)]
[Notices]
[Page 60563]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23847]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-73283; File No. SR-CME-2014-28]
Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.;
Notice of Designation of Longer Period for Commission Action on
Proposed Rule Change, as Modified by Amendment No. 2, Related to
Enhancements to Its Risk Model for Credit Default Swaps
October 1, 2014.
On August 8, 2014, Chicago Mercantile Exchange Inc. (``CME'') filed
with the Securities and Exchange Commission (``Commission'') the
proposed rule change SR-CME-2014-28 pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4
thereunder.\2\ The proposed rule change was published for comment in
the Federal Register on August 18, 2014.\3\ On September 2, 2014, CME
filed Amendment No. 2 to the proposed rule change.\4\ Notice of
Amendment No. 2 to the proposed rule change was published for comment
in the Federal Register on September 08, 2014.\5\ The Commission did
not receive comments on the proposed rule change or Amendment No. 2
thereto.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ Securities Exchange Act Release No. 34-72834 (Aug. 13,
2014), 79 FR 48805 (Aug. 18, 2014) (SR-CME-2014-28).
\4\ On August 18, 2014, CME filed Amendment No. 1 to the
proposed rule change. CME withdrew Amendment No. 1 on August 29,
2014.
\5\ Securities Exchange Act Release No. 34-72959 (Sep. 2, 2014),
79 FR 53234 (Sep. 8, 2014) (SR-CME-2014-28).
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Section 19(b)(2) of the Act \6\ provides that within 45 days of the
publication of notice of the filing of a proposed rule change, or
within such longer period up to 90 days as the Commission may designate
if it finds such longer period to be appropriate and publishes its
reasons for so finding or as to which the self-regulatory organization
consents, the Commission shall either approve the proposed rule change,
disapprove the proposed rule change, or institute proceedings to
determine whether the proposed rule change should be disapproved. The
45th day from the publication of notice of filing of this proposed rule
change is October 2, 2014. The Commission is extending this 45-day time
period.
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------
CME is proposing significant changes to its risk model for the
clearing of broad-based index credit default swaps (``CDS''), which
share the same Guaranty Fund with single-name CDS in the event CME
launches clearing of single-name CDS. The Commission finds it
appropriate to designate a longer period within which to take action on
the proposed rule change so that it has sufficient time to consider the
complex issues under the proposed rule change.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Act,\7\ designates November 16, 2014, as the date by which the
Commission should either approve or disapprove, or institute
proceedings to determine whether to disapprove, the proposed rule
change (File No. SR-CME-2014-28).
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78s(b)(2).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------
\8\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2014-23847 Filed 10-6-14; 8:45 am]
BILLING CODE 8011-01-P
