Fixed Income Market Structure Advisory Committee, 61670 [2019-24653]
Download as PDF
61670
Federal Register / Vol. 84, No. 219 / Wednesday, November 13, 2019 / Notices
change, as modified by Amendment No.
1 and Amendment No. 2, prior to the
30th day after the date of publication of
the Notices of Amendment No. 1 and
Amendment No. 2 in the Federal
Register. As discussed above,
Amendment No. 1 proposes to revise
the original proposed rule change to
state that (1) the underwriter making a
recommendation to the issuer regarding
a financing structure, including, when
applicable, a Complex Municipal
Securities Financing Recommendation,
has the fair dealing obligation to deliver
the applicable transaction-specific
disclosures and (2) the notice does not
apply to a dealer acting as a primary
distributor in a continuous offering of
municipal fund securities. Amendment
No. 1 and Amendment No. 2 otherwise
propose to revise the original proposed
rule change with technical
modifications intended to more
precisely define the scope of its
application and/or to promote clarity in
its interpretation. The MSRB has stated
that it believes that the modifications to
the original proposed rule change are
responsive to commenters, and are
consistent with the original proposed
rule change.151
For the foregoing reasons, the
Commission finds good cause for
approving the original proposed rule
change, as modified by Amendment No.
1 and Amendment No. 2, on an
accelerated basis, pursuant to Section
19(b)(2) of the Act.
VII. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,152 that the
proposed rule change (SR–MSRB–2019–
10) be, and hereby is, approved on an
accelerated basis.
For the Commission, pursuant to delegated
authority.153
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 2019–24601 Filed 11–12–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–87482; File No. 265–30]
Fixed Income Market Structure
Advisory Committee
Securities and Exchange
Commission.
ACTION: Notice of Federal Advisory
Committee renewal.
AGENCY:
151 See
Amendment No. 1, Amendment No. 2.
U.S.C. 78s(b)(2).
153 17 CFR 200.30–3(a)(12).
The Securities and Exchange
Commission is publishing this notice to
announce that the Chairman of the
Commission, with the concurrence of
the other Commissioners, has approved
the renewal of the Securities and
Exchange Commission Fixed Income
Market Structure Advisory Committee.
FOR FURTHER INFORMATION CONTACT:
David Dimitrious, Senior Special
Counsel, at (202) 551–5131, or Arisa
Kettig, Special Counsel, at (202) 551–
5676, Division of Trading and Markets,
Securities and Exchange Commission,
100 F Street NE, Washington, DC
20549–7010.
SUPPLEMENTARY INFORMATION: In
accordance with the requirements of the
Federal Advisory Committee Act, 5
U.S.C.—App, the Commission is
publishing this notice that the Chairman
of the Commission, with the
concurrence of the other
Commissioners, has approved the
renewal of the Securities and Exchange
Commission Fixed Income Market
Structure Advisory Committee (the
‘‘Committee’’). The Chairman of the
Commission affirms that the renewal of
the Committee is necessary and in the
public interest.1
The Committee’s objective is to
provide the Commission with diverse
perspectives on the structure and
operations of the U.S. fixed income
markets, as well as advice and
recommendations on matters related to
fixed income market structure.
No more than 21 voting members will
be appointed to the Committee. Such
members shall represent a cross-section
of those directly affected by, interested
in, and/or qualified to provide advice to
the Commission on matters related to
fixed income market structure. The
Committee’s membership will continue
to be balanced fairly in terms of points
of view represented. Non-voting
members may also be named.
The charter provides that the duties of
the Committee are to be solely advisory.
The Commission alone will make any
determinations of actions to be taken
and policies to be expressed with
respect to matters within the
Commission’s jurisdiction. The
Committee will meet at such intervals as
are necessary to carry out its functions.
The charter contemplates that the full
Committee will meet four times.
Meetings of subgroups or
subcommittees of the full Committee
may occur more frequently.
The Committee will operate for one
year from the date it is renewed or such
earlier date as determined by the
SUMMARY:
152 15
VerDate Sep<11>2014
17:23 Nov 12, 2019
Jkt 250001
1 See
PO 00000
41 CFR 102–3.30(a).
Frm 00077
Fmt 4703
Sfmt 4703
Commission unless, before the
expiration of that time period, it is
renewed in accordance with the Federal
Advisory Committee Act. A copy of the
charter for the Committee has been filed
with the Committee on Banking,
Housing, and Urban Affairs of the
United States Senate, the Committee on
Financial Services of the United States
House of Representatives, and the
Committee Management Secretariat of
the General Services Administration. A
copy of the charter as so filed also will
be filed with the Chairman of the
Commission, furnished to the Library of
Congress, and posted on the
Commission’s website at www.sec.gov.
By the Commission.
Dated: November 7, 2019.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2019–24653 Filed 11–12–19; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–87474; File No. SR–DTC–
2019–010]
Self-Regulatory Organizations; The
Depository Trust Company; Notice of
Filing and Immediate Effectiveness of
a Proposed Rule Change in
Connection With Changes to the
Account Structure of Euroclear Bank
at The Depository Trust Company
November 6, 2019.
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 October
24, 2019, The Depository Trust
Company (‘‘DTC’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II and III
below, which Items have been prepared
by the clearing agency. DTC filed the
proposed rule change pursuant to
Section 19(b)(3)(A) of the Act 3 and Rule
19b–4(f)(4) thereunder.4 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 5 of DTC
would make technical amendments to
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A).
4 17 CFR 240.19b–4(f)(4).
5 Each capitalized term not otherwise defined
herein has its respective meaning as set forth in the
2 17
E:\FR\FM\13NON1.SGM
13NON1
Agencies
[Federal Register Volume 84, Number 219 (Wednesday, November 13, 2019)]
[Notices]
[Page 61670]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-24653]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-87482; File No. 265-30]
Fixed Income Market Structure Advisory Committee
AGENCY: Securities and Exchange Commission.
ACTION: Notice of Federal Advisory Committee renewal.
-----------------------------------------------------------------------
SUMMARY: The Securities and Exchange Commission is publishing this
notice to announce that the Chairman of the Commission, with the
concurrence of the other Commissioners, has approved the renewal of the
Securities and Exchange Commission Fixed Income Market Structure
Advisory Committee.
FOR FURTHER INFORMATION CONTACT: David Dimitrious, Senior Special
Counsel, at (202) 551-5131, or Arisa Kettig, Special Counsel, at (202)
551-5676, Division of Trading and Markets, Securities and Exchange
Commission, 100 F Street NE, Washington, DC 20549-7010.
SUPPLEMENTARY INFORMATION: In accordance with the requirements of the
Federal Advisory Committee Act, 5 U.S.C.--App, the Commission is
publishing this notice that the Chairman of the Commission, with the
concurrence of the other Commissioners, has approved the renewal of the
Securities and Exchange Commission Fixed Income Market Structure
Advisory Committee (the ``Committee''). The Chairman of the Commission
affirms that the renewal of the Committee is necessary and in the
public interest.\1\
---------------------------------------------------------------------------
\1\ See 41 CFR 102-3.30(a).
---------------------------------------------------------------------------
The Committee's objective is to provide the Commission with diverse
perspectives on the structure and operations of the U.S. fixed income
markets, as well as advice and recommendations on matters related to
fixed income market structure.
No more than 21 voting members will be appointed to the Committee.
Such members shall represent a cross-section of those directly affected
by, interested in, and/or qualified to provide advice to the Commission
on matters related to fixed income market structure. The Committee's
membership will continue to be balanced fairly in terms of points of
view represented. Non-voting members may also be named.
The charter provides that the duties of the Committee are to be
solely advisory. The Commission alone will make any determinations of
actions to be taken and policies to be expressed with respect to
matters within the Commission's jurisdiction. The Committee will meet
at such intervals as are necessary to carry out its functions. The
charter contemplates that the full Committee will meet four times.
Meetings of subgroups or subcommittees of the full Committee may occur
more frequently.
The Committee will operate for one year from the date it is renewed
or such earlier date as determined by the Commission unless, before the
expiration of that time period, it is renewed in accordance with the
Federal Advisory Committee Act. A copy of the charter for the Committee
has been filed with the Committee on Banking, Housing, and Urban
Affairs of the United States Senate, the Committee on Financial
Services of the United States House of Representatives, and the
Committee Management Secretariat of the General Services
Administration. A copy of the charter as so filed also will be filed
with the Chairman of the Commission, furnished to the Library of
Congress, and posted on the Commission's website at www.sec.gov.
By the Commission.
Dated: November 7, 2019.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2019-24653 Filed 11-12-19; 8:45 am]
BILLING CODE 8011-01-P