Submission for OMB Review; Comment Request, 5748 [2019-03083]
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5748
Federal Register / Vol. 84, No. 36 / Friday, February 22, 2019 / Notices
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.35
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–03042 Filed 2–21–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–54, OMB Control No.
3235–0056]
Submission for OMB Review;
Comment Request
Upon Written Request Copies Available
From: Securities and Exchange
Commission, Office of FOIA Services,
100 F Street NE, Washington, DC
20549–2736
Extension:
Form 8–A
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission
(‘‘Commission’’) has submitted to the
Office of Management and Budget this
request for extension of the previously
approved collection of information
discussed below.
Form 8–A (17 CFR 249.208a) is a
registration statement used to register a
class of securities under Section 12(b) or
Section 12(g) of the Securities Exchange
Act of 1934 (15 U.S.C. 78l(b) and 78l(g))
(‘‘Exchange Act’’). Section 12(a) (15
U.S.C. 78l(a)) of the Exchange Act
makes it unlawful for any member,
broker, or dealer to effect any
transaction in any security (other than
an exempted security) on a national
securities exchange unless such security
has been registered under the Exchange
Act (15 U.S.C. 78a et seq.). Exchange
Act Section 12(b) establishes the
registration procedures. Exchange Act
Section 12(g) requires an issuer that is
not a bank or bank holding company to
register a class of equity securities (other
than exempted securities) within 120
days after its fiscal year end if, on the
last day of its fiscal year, the issuer has
total assets of more than $10 million
and the class of equity securities is
‘‘held of record’’ by either (i) 2,000
persons, or (ii) 500 persons who are not
accredited investors. An issuer that is a
bank or a bank holding company, must
register a class of equity securities (other
than exempted securities) within 120
days after the last day of its first fiscal
year ended after the effective date of the
JOBS Act if, on the last day of its fiscal
year, the issuer has total assets of more
than $10 million and the class of equity
securities is ‘‘held of record’’ by 2,000
or more persons. The information must
be filed with the Commission on
occasion. Form 8–A is a public
document. Form 8–A takes
approximately 3 hours to prepare and is
filed by approximately 871 respondents
for a total annual reporting burden of
2,613 hours (3 hours per response × 871
responses).
An agency may not 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 website,
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 email to:
Lindsay.M.Abate@omb.eop.gov; and (ii)
Charles Riddle, Acting Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Candace
Kenner, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: February 19, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–03083 Filed 2–21–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–85157; File No. SR–ICC–
2019–002]
Self-Regulatory Organizations; ICE
Clear Credit LLC; Notice of Filing of
Proposed Rule Change Relating to
ICC’s Risk Parameter Setting and
Review Policy
February 15, 2019.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934,1 and
Rule 19b–4,2 notice is hereby given that
on February 6, 2019, ICE Clear Credit
LLC (‘‘ICC’’) filed with the Securities
and Exchange Commission the proposed
rule change as described in Items I, II
and III below, which Items have been
prepared by ICC. The Commission is
1 15
35 17
CFR 200.30–3(a)(12).
VerDate Sep<11>2014
16:52 Feb 21, 2019
2 17
Jkt 247001
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00089
Fmt 4703
Sfmt 4703
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 principal purpose of the
proposed rule change is to revise the
ICC Risk Parameter Setting and Review
Policy (‘‘Risk Parameter Policy’’). These
revisions do not require any changes to
the ICC Clearing Rules (‘‘Rules’’).
II. Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
In its filing with the Commission, ICC
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. ICC has prepared
summaries, set forth in sections (A), (B),
and (C) below, of the most significant
aspects of these statements.
(A) Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
(a) Purpose
ICC proposes to formalize the Risk
Parameter Policy that describes the
process of setting and reviewing the risk
management model (‘‘model’’) core
parameters and the performance of
sensitivity analyses related to certain
parameter settings. ICC proposes to
formalize the Risk Parameter Policy
following Commission approval of the
proposed rule change.
Parameter Setting and Calibration
ICC’s Risk Parameter Policy discusses
the process of setting and reviewing the
model core parameters and their
underlying assumptions. The model
requirements include bid/offer (‘‘BO’’)
requirements, large position
requirements, Jump-To-Default (‘‘JTD’’)
requirements, interest rate (‘‘IR’’)
sensitivity requirements, basis risk
requirements, and integrated spread
response (‘‘iSR’’) requirements. The
parameters that are associated with the
model requirements are listed in a table
containing various parameter-related
information, including the methods
used to review parameter settings; the
frequency of the reviews; and the groups
involved in the review process
(‘‘reviewers’’), such as the ICC Risk
Management Department (‘‘ICC Risk’’),
the Risk Working Group (‘‘RWG’’), or
the Risk Committee. The parameters are
described in more detail as follows.
E:\FR\FM\22FEN1.SGM
22FEN1
]]>Agencies
[Federal Register Volume 84, Number 36 (Friday, February 22, 2019)]
[Notices]
[Page 5748]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-03083]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-54, OMB Control No. 3235-0056]
Submission for OMB Review; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension:
Form 8-A
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
Form 8-A (17 CFR 249.208a) is a registration statement used to
register a class of securities under Section 12(b) or Section 12(g) of
the Securities Exchange Act of 1934 (15 U.S.C. 78l(b) and 78l(g))
(``Exchange Act''). Section 12(a) (15 U.S.C. 78l(a)) of the Exchange
Act makes it unlawful for any member, broker, or dealer to effect any
transaction in any security (other than an exempted security) on a
national securities exchange unless such security has been registered
under the Exchange Act (15 U.S.C. 78a et seq.). Exchange Act Section
12(b) establishes the registration procedures. Exchange Act Section
12(g) requires an issuer that is not a bank or bank holding company to
register a class of equity securities (other than exempted securities)
within 120 days after its fiscal year end if, on the last day of its
fiscal year, the issuer has total assets of more than $10 million and
the class of equity securities is ``held of record'' by either (i)
2,000 persons, or (ii) 500 persons who are not accredited investors. An
issuer that is a bank or a bank holding company, must register a class
of equity securities (other than exempted securities) within 120 days
after the last day of its first fiscal year ended after the effective
date of the JOBS Act if, on the last day of its fiscal year, the issuer
has total assets of more than $10 million and the class of equity
securities is ``held of record'' by 2,000 or more persons. The
information must be filed with the Commission on occasion. Form 8-A is
a public document. Form 8-A takes approximately 3 hours to prepare and
is filed by approximately 871 respondents for a total annual reporting
burden of 2,613 hours (3 hours per response x 871 responses).
An agency may not 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 website, 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 email to:
Lindsay.M.Abate@omb.eop.gov; and (ii) Charles Riddle, Acting Director/
Chief Information Officer, Securities and Exchange Commission, c/o
Candace Kenner, 100 F Street NE, Washington, DC 20549 or send an email
to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30
days of this notice.
Dated: February 19, 2019.
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-03083 Filed 2-21-19; 8:45 am]
BILLING CODE 8011-01-P
