Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Withdrawal of a Proposed Rule Change To Introduce the Intellicator Analytic Tool, 841 [2018-00073]

Download as PDF Federal Register / Vol. 83, No. 5 / Monday, January 8, 2018 / Notices due on or before February 12, 2018. The Commission, upon completion of its review of the FY 2017 ACR, comments, and other data and information submitted in this proceeding, will issue its ACD. Public Representative. Mallory L. Smith is designated to serve as the Public Representative to represent the interests of the general public in this proceeding. Neither the Public Representative nor any additional persons assigned to assist her shall participate in or advise as to any Commission decision in this proceeding other than in his or her designated capacity. IV. Ordering Paragraphs It is ordered: 1. The Commission establishes Docket No. ACR2017 to consider matters raised by the United States Postal Service’s FY 2017 Annual Compliance Report. 2. Pursuant to 39 U.S.C. 505, the Commission appoints Mallory L. Smith as an officer of the Commission (Public Representative) in this proceeding to represent the interests of the general public. 3. Comments on the United States Postal Service’s FY 2017 Annual Compliance Report to the Commission are due on or before February 1, 2018. 4. Reply comments are due on or before February 12, 2018. 5. The Secretary shall arrange for publication of this order in the Federal Register. By the Commission. Stacy L. Ruble, Secretary. SECURITIES AND EXCHANGE COMMISSION [Release No. 34–82425; File No. SR–Phlx– 2017–74] Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Withdrawal of a Proposed Rule Change To Introduce the Intellicator Analytic Tool sradovich on DSK3GMQ082PROD with NOTICES January 2, 2018. On September 20, 2017, Nasdaq PHLX LLC (‘‘Phlx’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘Commission’’), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a proposed rule change to introduce the Intellicator U.S.C. 78s(b)(1). CFR 240.19b–4. VerDate Sep<11>2014 16:29 Jan 05, 2018 [FR Doc. 2018–00073 Filed 1–5–18; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–82430; File No. SR–NSCC– 2017–017] Self-Regulatory Organizations; National Securities Clearing Corporation; Notice of Filing of a Proposed Rule Change To Adopt a Recovery & Wind-down Plan and Related Rules 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 December 18, 2017, National Securities Clearing Corporation (‘‘NSCC’’) filed with the Securities and Exchange Commission (‘‘Commission’’) the proposed rule BILLING CODE 7710–FW–P 2 17 For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.7 Eduardo A. Aleman, Assistant Secretary. January 2, 2018. [FR Doc. 2018–00082 Filed 1–5–18; 8:45 am] 1 15 Analytic Tool. The proposed rule change was published for comment in the Federal Register on October 4, 2017.3 On November 15, 2017, pursuant to Section 19(b)(2) of the Act,4 the Commission designated a longer period within which to approve the proposed rule change, disapprove the proposed rule change, or institute proceedings to determine whether to approve or disapprove the proposed rule change.5 The Commission received three comment letters on the proposed rule change and a response from the Exchange.6 On December 22, 2017, the Exchange withdrew the proposed rule change (SR–PHLX–2017–74). Jkt 244001 3 See Securities Exchange Act Release No. 81754 (Sept. 28, 2017), 82 FR 46319. 4 See 15 U.S.C. 78s(b)(2). 5 See Securities Exchange Act Release No. 82085, 82 FR 55459 (Nov. 21, 2017). 6 See Letter from Ellen Greene, Managing Director, Financial Services Operations, Securities Industry and Financial Markets Association, to Brent J. Fields, Secretary, Commission, dated November 8, 2017; Letter from Tyler Neville, Trader, dated November 21, 2017; Letter from Joanna Mallers, Secretary, FIA Principal Traders Group, to Brent J. Fields, Secretary, Commission, dated December 19, 2017; and Letter from Joan C. Conley, Senior Vice President & Corporate Secretary, Nasdaq, to Brent J. Fields, Secretary, Commission, dated December 22, 2017, available at https://www.sec.gov/comments/sr-phlx-2017-74/ phlx201774.htm. 7 17 CFR 200.30–3(a)(31). 1 15 U.S.C. 78s(b)(1). 2 17 CFR 240.19b–4. PO 00000 Frm 00059 Fmt 4703 Sfmt 4703 841 change as described in Items I, II and III below, which Items have been prepared by the clearing agency.3 The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Clearing Agency’s Statement of the Terms of Substance of the Proposed Rule Change The proposed rule change would (1) adopt the Recovery & Wind-down Plan of NSCC (‘‘R&W Plan’’ or ‘‘Plan’’); and (2) amend NSCC’s Rules & Procedures (‘‘Rules’’) 4 in order to adopt Rule 41 (Corporation Default), Rule 42 (Winddown of the Corporation), and Rule 60 (Market Disruption and Force Majeure) (each a ‘‘Proposed Rule’’ and, collectively, the ‘‘Proposed Rules’’). The proposed rule change would also renumber the current Rule 42 (Winddown of a Member, Fund Member or Insurance Carrier/Retirement Services Member) to Rule 40, which is currently reserved for future use. The R&W Plan would be maintained by NSCC in compliance with Rule 17Ad–22(e)(3)(ii) under the Act, by providing plans for the recovery and orderly wind-down of NSCC necessitated by credit losses, liquidity shortfalls, losses from general business risk, or any other losses, as described below.5 The Proposed Rules are designed to (1) facilitate the implementation of the R&W Plan when necessary and, in particular, allow NSCC to effectuate its strategy for winding down and transferring its business; (2) provide Members and Limited Members with transparency around critical provisions of the R&W Plan that relate to their rights, responsibilities and obligations; and (3) provide NSCC with the legal basis to implement those provisions of the R&W Plan when necessary, as described below. II. Clearing Agency’s Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the clearing agency included statements concerning the purpose of and basis for 3 On December 18, 2017, NSCC filed this proposed rule change as an advance notice (SR– NSCC–2017–805) with the Commission pursuant to Section 806(e)(1) of Title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act entitled the Payment, Clearing, and Settlement Supervision Act of 2010, 12 U.S.C. 5465(e)(1), and Rule 19b–4(n)(1)(i) of the Act, 17 CFR 240.19b– 4(n)(1)(i). A copy of the advance notice is available at https://www.dtcc.com/legal/sec-rule-filings. 4 Capitalized terms used herein and not otherwise defined herein are defined in the Rules, available at www.dtcc.com/∼/media/Files/Downloads/legal/ rules/nscc_rules.pdf. 5 17 CFR 240.17Ad–22(e)(3)(ii). E:\FR\FM\08JAN1.SGM 08JAN1

Agencies

[Federal Register Volume 83, Number 5 (Monday, January 8, 2018)]
[Notices]
[Page 841]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-00073]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-82425; File No. SR-Phlx-2017-74]


Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of 
Withdrawal of a Proposed Rule Change To Introduce the Intellicator 
Analytic Tool

January 2, 2018.
    On September 20, 2017, Nasdaq PHLX LLC (``Phlx'' or ``Exchange'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ a proposed rule change to 
introduce the Intellicator Analytic Tool. The proposed rule change was 
published for comment in the Federal Register on October 4, 2017.\3\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 81754 (Sept. 28, 
2017), 82 FR 46319.
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    On November 15, 2017, pursuant to Section 19(b)(2) of the Act,\4\ 
the Commission designated a longer period within which to approve the 
proposed rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether to approve or disapprove the proposed 
rule change.\5\ The Commission received three comment letters on the 
proposed rule change and a response from the Exchange.\6\
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    \4\ See 15 U.S.C. 78s(b)(2).
    \5\ See Securities Exchange Act Release No. 82085, 82 FR 55459 
(Nov. 21, 2017).
    \6\ See Letter from Ellen Greene, Managing Director, Financial 
Services Operations, Securities Industry and Financial Markets 
Association, to Brent J. Fields, Secretary, Commission, dated 
November 8, 2017; Letter from Tyler Neville, Trader, dated November 
21, 2017; Letter from Joanna Mallers, Secretary, FIA Principal 
Traders Group, to Brent J. Fields, Secretary, Commission, dated 
December 19, 2017; and Letter from Joan C. Conley, Senior Vice 
President & Corporate Secretary, Nasdaq, to Brent J. Fields, 
Secretary, Commission, dated December 22, 2017, available at https://www.sec.gov/comments/sr-phlx-2017-74/phlx201774.htm.
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    On December 22, 2017, the Exchange withdrew the proposed rule 
change (SR-PHLX-2017-74).

    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)(31).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-00073 Filed 1-5-18; 8:45 am]
BILLING CODE 8011-01-P
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