Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to ICC's Cash Investment Yield Schedule, 15659-15661 [2019-07505]
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Federal Register / Vol. 84, No. 73 / Tuesday, April 16, 2019 / Notices
statement regarding the burden on
competition.
For the foregoing reasons, the
Exchange believes that the proposal is
consistent with the Act.
B. Self-Regulatory Organization’s
Statement on Burden on Competition
khammond on DSKBBV9HB2PROD with NOTICES
In accordance with Section 6(b)(8) of
the Act,8 the Exchange believes that the
proposed rule change would not impose
any burden on competition that is not
necessary or appropriate in furtherance
of the purposes of the Act. Instead, the
Exchange believes that the proposed
changes would foster liquidity provision
and stability in the marketplace, thereby
promoting price discovery and
transparency and enhancing order
execution opportunities for member
organizations. In this regard, the
Exchange believes that the transparency
and competitiveness of attracting
additional executions on an exchange
market would encourage competition.
Finally, the Exchange notes that it
operates in a highly competitive market
in which market participants can
readily favor competing venues if they
deem fee levels at a particular venue to
be excessive or rebate opportunities
available at other venues to be more
favorable. In such an environment, the
Exchange must continually adjust its
fees and rebates to remain competitive
with other exchanges and with
alternative trading systems that have
been exempted from compliance with
the statutory standards applicable to
exchanges. Because competitors are free
to modify their own fees and credits in
response, and because market
participants may readily adjust their
order routing practices, the Exchange
believes that the degree to which fee
changes in this market may impose any
burden on competition is extremely
limited. As a result of all of these
considerations, the Exchange does not
believe that the proposed changes will
impair the ability of member
organizations or competing order
execution venues to maintain their
competitive standing in the financial
markets.
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
No written comments were solicited
or received with respect to the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
The foregoing rule change is effective
upon filing pursuant to Section
19(b)(3)(A)(ii) of the Act,9 and
subparagraph (f)(2) of Rule 19b–4 10
thereunder, because it establishes a due,
fee, or other charge imposed by the
Exchange.
At any time within 60 days of the
filing of such 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. If the
Commission takes such action, the
Commission shall institute proceedings
under Section 19(b)(2)(B) 11 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:
Electronic Comments
• Use 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 Number SR–
NYSE–2019–15 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–NYSE–2019–15. 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 website (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
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
11 15 U.S.C. 78s(b)(2)(B).
10 17
8 15
U.S.C. 78f(b)(8).
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16:32 Apr 15, 2019
Jkt 247001
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 website 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 principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–NYSE–2019–15 and should
be submitted on or before May 7, 2019.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.12
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–07510 Filed 4–15–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–85588; File No. SR–ICC–
2019–003]
Self-Regulatory Organizations; ICE
Clear Credit LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating to ICC’s Cash
Investment Yield Schedule
April 10, 2019.
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 26,
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.
ICC filed the proposed rule change
pursuant Section 19(b)(3)(A) of the Act 3
and rule 19b–4(f)(2) thereunder,4 such
that the proposed rule change was
immediately effective upon filing with
the Commission. The Commission is
publishing this notice to solicit
comments on the proposed rule change
from interested persons.
12 17
CFR 200.30–3(a)(12).
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)(2).
1 15
9 15
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Federal Register / Vol. 84, No. 73 / Tuesday, April 16, 2019 / Notices
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 ICC’s
cash investment yield schedule.
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.
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(A) Clearing Agency’s Statement of the
Purpose of, and Statutory Basis for, the
Proposed Rule Change
(a) Purpose
ICC currently retains a portion of
interest earned on cash balances, net of
cash management expenses. The portion
of interest retained is based on an
established cash investment yield
schedule, which is set forth in the ICC
Collateral Management presentation
available on the ICC website.5 ICC
proposes changes to its cash investment
yield schedule. The proposed revisions
to the cash investment yield schedule
are set forth in Exhibit 5 hereto, and
described in detail as follows.
Currently, ICC retains a certain basis
points (‘‘bps’’) spread for interest rate
market environments of zero bps or
greater, net of expenses. ICC proposes to
retain an additional 50 bps spread for
non-customer Euro cash posted by
Clearing Participants (‘‘CPs’’) in excess
of certain amounts. ICC identifies Euro
House Initial Margin (‘‘IM’’) and Euro
Guaranty Fund (‘‘GF’’) requirements
(collectively, the ‘‘total Euro
requirement’’) for CPs who clear Euro
denominated products, and US Dollar
(‘‘USD’’) House IM and USD GF
requirements (collectively, the ‘‘total
USD requirement’’) for CPs who clear
USD denominated products. A CP may
meet up to 100% (but no less than 45%)
of its total Euro requirement in Euro
cash and up to 35% of its total USD
requirement in Euro cash.6 ICC proposes
to retain an additional 50 bps spread for
non-customer Euro cash posted by CPs
in excess of their total Euro requirement
5 ICC Collateral Management presentation
available at: https://www.theice.com/publicdocs/
clear_credit/ICE_Clear_Credit_Collateral_
Management.pdf.
6 See Schedule 401 of the ICC Rules.
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16:32 Apr 15, 2019
Jkt 247001
to discourage excess Euro deposits since
ICC faces difficulty securitizing Euro
deposits and is exposed to the credit
and counterparty risk of banks where
Euro deposits are held.
ICC proposes to make such changes
effective on or about June 1, 2019. ICC
will issue a circular notification, in
advance of the effective date.
(b) Statutory Basis
ICC believes that the proposed rule
changes are consistent with the
requirements of the Act, including
Section 17A of the Act.7 More
specifically, the proposed rule changes
change a member due, fee or other
charge imposed by ICC under Section
19(b)(3)(A)(ii) 8 of the Act and Rule 19b–
4(f)(2) 9 thereunder. ICC believes the
proposed rule changes are consistent
with the requirements of the Act and the
rules and regulations thereunder
applicable to ICC, in particular, to
Section 17A(b)(3)(D),10 because the
proposed changes apply equally to all
market participants and therefore the
proposed changes provide for the
equitable allocation of reasonable dues,
fees and other charges among
participants. As such, the proposed
changes are appropriately filed pursuant
to Section 19(b)(3)(A) 11 of the Act and
paragraph (f)(2) of Rule 19b–4 12
thereunder.
(B) Clearing Agency’s Statement on
Burden on Competition
ICC does not believe the proposed
rule changes would have any impact, or
impose any burden, on competition.
The changes to ICC’s investment yield
schedule will apply uniformly across all
market participants. Therefore, ICC does
not believe the proposed rule changes
impose any burden on competition that
is inappropriate in furtherance of the
purposes of the Act.
(C) Clearing Agency’s Statement on
Comments on the Proposed Rule
Change Received From Members,
Participants or Others
Written comments relating to the
proposed rule change have not been
solicited or received. ICC will notify the
Commission of any written comments
received by ICC.
7 15
U.S.C. 78q–1.
U.S.C. 78s(b)(3)(A)(ii).
9 17 CFR 240.19b–4(f)(2).
10 15 U.S.C. 78q–1(b)(3)(D).
11 15 U.S.C. 78s(b)(3)(A).
12 17 CFR 240.19b–4(f)(2).
8 15
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III. Date of Effectiveness of the
Proposed Rule Change for Commission
Action
The foregoing rule change has become
effective pursuant to Section
19(b)(3)(A) 13 of the Act and Rule 19b–
4(f)(2) 14 thereunder, as the changes to
ICC’s investment yield schedule
constitute a change to 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.
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 email to rule-comments@
sec.gov. Please include File Number SR–
ICC–2019–003 on the subject line.
Paper Comments
Send paper comments in triplicate to
Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549.
All submissions should refer to File
Number SR–ICC–2019–003. 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 website (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 website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
13 15
14 17
E:\FR\FM\16APN1.SGM
U.S.C. 78s(b)(3)(A).
CFR 240.19b–4(f)(2).
16APN1
Federal Register / Vol. 84, No. 73 / Tuesday, April 16, 2019 / Notices
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of such
filings will also be available for
inspection and copying at the principal
office of ICE Clear Credit and on ICE
Clear Credit’s website at https://
www.theice.com/clear-credit/regulation.
All comments received will be posted
without change. Persons submitting
comments are cautioned that we do not
redact or edit personal identifying
information from comment submissions.
You should submit only information
that you wish to make available
publicly. All submissions should refer
to File Number SR–ICC–2019–003 and
should be submitted on or before May
7, 2019.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.15
Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019–07505 Filed 4–15–19; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping
Requirements Under OMB Review
Small Business Administration.
30-Day notice.
AGENCY:
ACTION:
The Small Business
Administration (SBA) is publishing this
notice to comply with requirements of
the Paperwork Reduction Act (PRA)
requires agencies to submit proposed
reporting and recordkeeping
requirements to OMB for review and
approval, and to publish a notice in the
Federal Register notifying the public
that the agency has made such a
submission. This notice also allows an
additional 30 days for public comments.
DATES: Submit comments on or before
May 16, 2019.
ADDRESSES: Comments should refer to
the information collection by name and/
or OMB Control Number and should be
sent to: Agency Clearance Officer, Curtis
Rich, Small Business Administration,
409 3rd Street SW, 5th Floor,
Washington, DC 20416; and SBA Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:
Curtis Rich, Agency Clearance Officer,
(202) 205–7030 curtis.rich@sba.gov
Copies: A copy of the Form OMB 83–
1, supporting statement, and other
khammond on DSKBBV9HB2PROD with NOTICES
SUMMARY:
15 17
CFR 200.30–3(a)(12).
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16:32 Apr 15, 2019
Jkt 247001
documents submitted to OMB for
review may be obtained from the
Agency Clearance Officer.
SUPPLEMENTARY INFORMATION: The SBA’s
Women’s Business Centers represent a
national network of over 100
educational centers designed to assist
women in starting and growing small
businesses. WBCs operate with the
mission to ‘‘level the playing field’’ for
women entrepreneurs, who still face
unique obstacles in the world of
business. Through the management and
technical assistance provided by the
WBCs, entrepreneurs (especially women
who are economically or socially
disadvantaged) are offered
comprehensive training and counseling
on a variety of topics in many languages
to help them start and grow their own
businesses. The SBA plans to conduct a
web-based survey to understand to what
degree the Agency’s WBC programs and
services help entrepreneurs start,
manage, and grow businesses. The
survey will help determine customer
satisfaction and the outcomes of the
delivered business assistance services.
Surveys will be completed by a sample
of clients who received business
assistance services at least 1 year ago. A
minimum 1-year lag is desired to allow
the business outcomes of the services to
be observed. Because WBCs offer both
training and counseling services, clients
who received either service will be
included.
Solicitation of Public Comments
Title: Women’s Business Center Client
Outcome Survey.
Description of Respondents: Women’s
Business Center Program Services.
Form Number: N/A.
Estimated Annual Responses: 2,087.
Estimated Annual Hour Burden:
770.48.
Curtis Rich,
Management Analyst.
[FR Doc. 2019–07528 Filed 4–15–19; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping
Requirements Under OMB Review
Small Business Administration.
30-Day notice.
AGENCY:
ACTION:
The Small Business
Administration (SBA) is publishing this
notice to comply with requirements of
the Paperwork Reduction Act (PRA)
requires agencies to submit proposed
reporting and recordkeeping
requirements to OMB for review and
approval, and to publish a notice in the
SUMMARY:
PO 00000
Frm 00082
Fmt 4703
Sfmt 4703
15661
Federal Register notifying the public
that the agency has made such a
submission. This notice also allows an
additional 30 days for public comments.
Submit comments on or before
May 16, 2019.
DATES:
Comments should refer to
the information collection by name and/
or OMB Control Number and should be
sent to: Agency Clearance Officer, Curtis
Rich, Small Business Administration,
409 3rd Street SW, 5th Floor,
Washington, DC 20416; and SBA Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Washington,
DC 20503.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Curtis Rich, Agency Clearance Officer,
(202) 205–7030 curtis.rich@sba.gov.
Copies: A copy of the Form OMB 83–
1, supporting statement, and other
documents submitted to OMB for
review may be obtained from the
Agency Clearance Officer.
In
accordance with regulations and policy,
the Small Business Development
Centers (SBDC’s) must provide SBA
semi-annual financial and programmatic
reports-outlining expenditures and
accomplishments. The information
collected will be used to monitor the
progress of the program.
SUPPLEMENTARY INFORMATION:
Solicitation of Public Comments
SBA is requesting comments on (a)
Whether the collection of information is
necessary for the agency to properly
perform its functions; (b) whether the
burden estimates are accurate; (c)
whether there are ways to minimize the
burden, including through the use of
automated techniques or other forms of
information technology; and (d) whether
there are ways to enhance the quality,
utility, and clarity of the information.
Title: ‘‘Federal Cash Transaction
Report; Financial Status Report Program
Income Report Narrative Program
Report’’.
Description of Respondents: SBDC
Directors.
Form Number: 2113.
Estimated Annual Responses: 126.
Estimated Annual Hour Burden:
1,512.
Curtis Rich,
Management Analyst.
[FR Doc. 2019–07518 Filed 4–15–19; 8:45 am]
BILLING CODE 8025–01–P
E:\FR\FM\16APN1.SGM
16APN1
Agencies
[Federal Register Volume 84, Number 73 (Tuesday, April 16, 2019)]
[Notices]
[Pages 15659-15661]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07505]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-85588; File No. SR-ICC-2019-003]
Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of
Filing and Immediate Effectiveness of Proposed Rule Change Relating to
ICC's Cash Investment Yield Schedule
April 10, 2019.
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 26, 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. ICC filed the proposed rule change pursuant Section 19(b)(3)(A)
of the Act \3\ and rule 19b-4(f)(2) thereunder,\4\ such that the
proposed rule change was immediately 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\ 17 CFR 240.19b-4.
\3\ 15 U.S.C. 78s(b)(3)(A).
\4\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
[[Page 15660]]
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
ICC's cash investment yield schedule.
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 currently retains a portion of interest earned on cash
balances, net of cash management expenses. The portion of interest
retained is based on an established cash investment yield schedule,
which is set forth in the ICC Collateral Management presentation
available on the ICC website.\5\ ICC proposes changes to its cash
investment yield schedule. The proposed revisions to the cash
investment yield schedule are set forth in Exhibit 5 hereto, and
described in detail as follows.
---------------------------------------------------------------------------
\5\ ICC Collateral Management presentation available at: https://www.theice.com/publicdocs/clear_credit/ICE_Clear_Credit_Collateral_Management.pdf.
---------------------------------------------------------------------------
Currently, ICC retains a certain basis points (``bps'') spread for
interest rate market environments of zero bps or greater, net of
expenses. ICC proposes to retain an additional 50 bps spread for non-
customer Euro cash posted by Clearing Participants (``CPs'') in excess
of certain amounts. ICC identifies Euro House Initial Margin (``IM'')
and Euro Guaranty Fund (``GF'') requirements (collectively, the ``total
Euro requirement'') for CPs who clear Euro denominated products, and US
Dollar (``USD'') House IM and USD GF requirements (collectively, the
``total USD requirement'') for CPs who clear USD denominated products.
A CP may meet up to 100% (but no less than 45%) of its total Euro
requirement in Euro cash and up to 35% of its total USD requirement in
Euro cash.\6\ ICC proposes to retain an additional 50 bps spread for
non-customer Euro cash posted by CPs in excess of their total Euro
requirement to discourage excess Euro deposits since ICC faces
difficulty securitizing Euro deposits and is exposed to the credit and
counterparty risk of banks where Euro deposits are held.
---------------------------------------------------------------------------
\6\ See Schedule 401 of the ICC Rules.
---------------------------------------------------------------------------
ICC proposes to make such changes effective on or about June 1,
2019. ICC will issue a circular notification, in advance of the
effective date.
(b) Statutory Basis
ICC believes that the proposed rule changes are consistent with the
requirements of the Act, including Section 17A of the Act.\7\ More
specifically, the proposed rule changes change a member due, fee or
other charge imposed by ICC under Section 19(b)(3)(A)(ii) \8\ of the
Act and Rule 19b-4(f)(2) \9\ thereunder. ICC believes the proposed rule
changes are consistent with the requirements of the Act and the rules
and regulations thereunder applicable to ICC, in particular, to Section
17A(b)(3)(D),\10\ because the proposed changes apply equally to all
market participants and therefore the proposed changes provide for the
equitable allocation of reasonable dues, fees and other charges among
participants. As such, the proposed changes are appropriately filed
pursuant to Section 19(b)(3)(A) \11\ of the Act and paragraph (f)(2) of
Rule 19b-4 \12\ thereunder.
---------------------------------------------------------------------------
\7\ 15 U.S.C. 78q-1.
\8\ 15 U.S.C. 78s(b)(3)(A)(ii).
\9\ 17 CFR 240.19b-4(f)(2).
\10\ 15 U.S.C. 78q-1(b)(3)(D).
\11\ 15 U.S.C. 78s(b)(3)(A).
\12\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
(B) Clearing Agency's Statement on Burden on Competition
ICC does not believe the proposed rule changes would have any
impact, or impose any burden, on competition. The changes to ICC's
investment yield schedule will apply uniformly across all market
participants. Therefore, ICC does not believe the proposed rule changes
impose any burden on competition that is inappropriate in furtherance
of the purposes of the Act.
(C) Clearing Agency's Statement on Comments on the Proposed Rule Change
Received From Members, Participants or Others
Written comments relating to the proposed rule change have not been
solicited or received. ICC will notify the Commission of any written
comments received by ICC.
III. Date of Effectiveness of the Proposed Rule Change for Commission
Action
The foregoing rule change has become effective pursuant to Section
19(b)(3)(A) \13\ of the Act and Rule 19b-4(f)(2) \14\ thereunder, as
the changes to ICC's investment yield schedule constitute a change to 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.
---------------------------------------------------------------------------
\13\ 15 U.S.C. 78s(b)(3)(A).
\14\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------
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 email to [email protected]. Please include
File Number SR-ICC-2019-003 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities and
Exchange Commission, 100 F Street NE, Washington, DC 20549.
All submissions should refer to File Number SR-ICC-2019-003. 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 website (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 website viewing and printing in
the Commission's Public Reference Room, 100 F Street NE,
[[Page 15661]]
Washington, DC 20549, on official business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of such filings will also be available
for inspection and copying at the principal office of ICE Clear Credit
and on ICE Clear Credit's website at https://www.theice.com/clear-credit/regulation. All comments received will be posted without change.
Persons submitting comments are cautioned that we do not redact or edit
personal identifying information from comment submissions. You should
submit only information that you wish to make available publicly. All
submissions should refer to File Number SR-ICC-2019-003 and should be
submitted on or before May 7, 2019.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\15\
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\15\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Deputy Secretary.
[FR Doc. 2019-07505 Filed 4-15-19; 8:45 am]
BILLING CODE 8011-01-P