Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Introduce a Small Retail Broker Distribution Program, 22233-22234 [2020-08372]

Download as PDF Federal Register / Vol. 85, No. 77 / Tuesday, April 21, 2020 / Notices would facilitate the ability of the Clearing Agencies to continue to develop models that are applied to evaluate and address risk exposure and allow them to maintain a Framework that facilitates the ability of the Clearing Agencies to assure the safeguarding of securities and funds which are in the custody or control of the clearing agency or for which it is responsible, as described above. Rule 17Ad–22(e)(4)(vii) 26 and (e)(7)(vii) 27 under the Act requires, inter alia, that a covered clearing agency establish, implement, maintain and enforce written policies and procedures reasonably designed to perform Model Validations on its credit risk models and liquidity risk models not less than annually or more frequently as may be contemplated by the clearing agency’s risk management framework established pursuant to Rule 17Ad–22(e)(3).28 As discussed above, the proposed rule change would amend the Framework to provide for enhanced clarity in the text and enhanced efficiency with respect to the approval process for Model Validations at least annually. In this regard, and as noted above, pursuant to the Framework, Model Validations are performed not less than annually on its credit risk models and liquidity risk models. Therefore, the Clearing Agencies believe that the proposed changes to the Framework are consistent with Rule 17Ad–22(e)(4)(vii) 29 and (e)(7)(vii) 30 under the Act. (B) Clearing Agency’s Statement on Burden on Competition None of the Clearing Agencies believe that the Framework would have any impact, or impose any burden, on competition because the proposed rule change reflects clarifying changes and provides for a more efficient internal governance process and would not effectuate any changes to the Clearing Agencies’ model risk management tools as they currently apply to their respective Members or Participants. (C) Clearing Agency’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others lotter on DSKBCFDHB2PROD with NOTICES The Clearing Agencies have not solicited or received any written comments relating to this proposal. The Clearing Agencies will notify the 26 17 CFR 240.17Ad–22(e)(4) (in particular, 17 CFR 240.17Ad–22(e)(4)(vii)). See supra note 6. 27 17 CFR 240.17Ad–22(e)(7) (in particular, 17 CFR 240.17Ad–22(e)(7)(vii)). See supra note 6. 28 17 CFR 240.17Ad–22(e)(3). See supra note 6. 29 Supra note 6. 30 Supra note 6. VerDate Sep<11>2014 21:19 Apr 20, 2020 Jkt 250001 Commission of any written comments received by the Clearing Agencies. III. Date of Effectiveness of the Proposed Rule Change, and Timing for Commission Action Within 45 days of the date of publication of this notice in the Federal Register or within such longer period up to 90 days (i) as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding or (ii) as to which the self-regulatory organization consents, the Commission will: (A) By order approve or disapprove such proposed rule change, or (B) institute proceedings to determine whether the proposed rule change should be 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– FICC–2020–004 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–FICC–2020–004. 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, Washington, DC 20549 on official business days between the hours of PO 00000 Frm 00111 Fmt 4703 Sfmt 4703 22233 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 FICC and on DTCC’s website (https://dtcc.com/legal/sec-rulefilings.aspx). 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–FICC– 2020–004 and should be submitted on or before May 12, 2020. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.31 J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2020–08377 Filed 4–20–20; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–88642; File No. SR– CboeEDGA–2019–015] Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Withdrawal of a Proposed Rule Change To Introduce a Small Retail Broker Distribution Program April 15, 2020. On October 1, 2019, Cboe EDGA Exchange, Inc. (‘‘Exchange’’ or ‘‘EDGA’’) 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 amend the EDGA fee schedule to introduce a Small Retail Broker Distribution Program. The proposed rule change was immediately effective upon filing with the Commission pursuant to Section 19(b)(3)(A) of the Act.3 The proposed rule change was published for comment in the Federal Register on October 17, 2019.4 The Commission received no comment letters regarding the proposed rule change. On December 10, 2019, the Commission issued an order temporarily suspending the proposed rule change pursuant to Section 19(b)(3)(C) of the Act 5 and simultaneously instituting proceedings 31 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 See Securities Exchange Act Release No. 87294 (October 11, 2019), 84 FR 55638 (October 17, 2019). 5 15 U.S.C. 78s(b)(3)(C). 1 15 E:\FR\FM\21APN1.SGM 21APN1 22234 Federal Register / Vol. 85, No. 77 / Tuesday, April 21, 2020 / Notices under Section 19(b)(2)(B) of the Act 6 to determine whether to approve or disapprove the proposed rule change (‘‘OIP’’).7 The Commission received no comment letters in response to the OIP. On April 9, 2020, the Exchange withdrew the proposed rule change (SR–CboeEDGA–2019–015). For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.8 J. Matthew DeLesDernier, Assistant Secretary. [FR Doc. 2020–08372 Filed 4–20–20; 8:45 am] BILLING CODE 8011–01–P SURFACE TRANSPORTATION BOARD [Docket No. AB 1009 (Sub-No. 2X)] lotter on DSKBCFDHB2PROD with NOTICES Mission Mountain Railroad, L.L.C.— Discontinuance of Service Exemption—in Flathead County, Mont. On April 1, 2020, Mission Mountain Railroad, L.L.C. (MMT), filed a petition under 49 U.S.C. 10502 for exemption from the prior approval requirements of 49 U.S.C. 10903 to discontinue its operations over approximately 13.33 miles of rail line, extending from milepost 1211.86 at the interchange with the BNSF Railway Company (BNSF) at Columbia Falls to milepost 1225.19 at Kalispell, all in Flathead County, Mont. (the Line). The Line traverses U.S. Postal Service Zip Codes 59901 and 59912. According to MMT, it provides service on the Line pursuant to a lease agreement with BNSF, the owner of the Line. MMT explains that the lease agreement was due to terminate on March 31, 2020, and that MMT and BNSF have agreed that BNSF will assume direct operation of its line in place of MMT as of April 1, 2020. MMT states that the proposed discontinuance will allow MMT to formally end its common carrier obligations over the Line. In addition, MMT states that no customer on the Line will be left without common carrier service as a consequence of the proposed discontinuance. MMT states that it believes the Line does not contain any federally granted rights-of-way. MMT also states that any documentation in its possession will be made available to those requesting it. As a condition to this exemption, any employee adversely affected by the discontinuance of service shall be 6 15 U.S.C. 78s(b)(2)(B). Securities Exchange Act Release No. 87709 (December 10, 2019), 84 FR 68523 (December 16, 2019). 8 17 CFR 200.30–3(a)(57) and (58). 7 See VerDate Sep<11>2014 21:19 Apr 20, 2020 Jkt 250001 protected under Oregon Short Line Railroad—Abandonment Portion Goshen Branch Between Firth & Ammon, in Bingham & Bonneville Counties, Idaho, 360 I.C.C. 91 (1979). By issuance of this notice, the Board is instituting an exemption proceeding pursuant to 49 U.S.C. 10502(b). A final decision will be issued by July 20, 2020. Because this is a discontinuance proceeding and not an abandonment proceeding, interim trail use/rail banking and public use conditions are not appropriate. Because there will be environmental review during any subsequent abandonment, this discontinuance does not require an environmental review. See 49 CFR 1105.6(c)(5), 1105.8(b). Any offer of financial assistance (OFA) for subsidy under 49 CFR 1152.27(b)(2) will be due no later than 120 days after the filing of the petition for exemption, or 10 days after service of a decision granting the petition for exemption, whichever occurs sooner.1 Persons interested in submitting an OFA must first file a formal expression of intent to file an offer by May 1, 2020, indicating the intent to file an OFA for subsidy and demonstrating that they are preliminarily financially responsible. See 49 CFR 1152.27(c)(1)(i). All filings in response to this notice must refer to Docket No. AB 1009 (SubNo. 2X) and must be filed with the Surface Transportation Board either via e-filing or in writing addressed to 395 E Street SW, Washington, DC 20423–0001. In addition, a copy of each pleading must be served on MMT’s representative, Bradon J. Smith, Fletcher & Sippel LLC, 29 North Wacker Drive, Suite 800, Chicago, IL 60606–2832. Replies to this petition are due on or before May 11, 2020. Persons seeking further information concerning discontinuance procedures may contact the Board’s Office of Public Assistance, Governmental Affairs, and Compliance at (202) 245–0238 or refer to the full abandonment and discontinuance regulations at 49 CFR part 1152. Questions concerning environmental issues may be directed to the Board’s Office of Environmental Analysis at (202) 245–0305. Assistance for the hearing impaired is available through the Federal Relay Service at (800) 877–8339. Board decisions and notices are available at www.stb.gov. Decided: April 15, 2020. 1 The filing fee for OFAs can be found at 49 CFR 1002.2(f)(25). PO 00000 Frm 00112 Fmt 4703 Sfmt 4703 By the Board, Scott M. Zimmerman, Acting Director, Office of Proceedings. Aretha Laws-Byrum, Clearance Clerk. [FR Doc. 2020–08411 Filed 4–20–20; 8:45 am] BILLING CODE 4915–01–P TENNESSEE VALLEY AUTHORITY Allen Fossil Plant Ash Impoundment Closure Environmental Impact Statement Tennessee Valley Authority. Record of decision. AGENCY: ACTION: This notice is provided in accordance with the Council on Environmental Quality’s regulations and Tennessee Valley Authority’s (TVA’s) procedures for implementing the National Environmental Policy Act (NEPA). TVA has decided to adopt the Preferred Alternative identified in the Allen Fossil Plant (ALF) Ash Impoundment Closure Environmental Impact Statement. The Final Environmental Impact Statement (EIS) was made available to the public on March 6, 2020. A Notice of Availability of the Final EIS was published in the Federal Register on March 13, 2020. The Preferred Alternative is ‘‘Closure of the Metal Cleaning Pond, Closure-byRemoval of the East Ash Pond Complex and the West Ash Pond; Disposal of CCR in an Offsite Landfill Location.’’ This alternative would achieve the purpose and need of the project to support the implementation of TVA’s goal to eliminate all wet Coal Combustion Residuals (CCR) storage at its coal plants; close CCR surface impoundments across the TVA system; comply with the U.S. Environmental Protection Agency’s CCR Rule and other applicable federal and state statutes and regulations; and enhance future economic development in the greater Memphis area. FOR FURTHER INFORMATION CONTACT: W. Douglas White, Tennessee Valley Authority, 400 West Summit Hill Drive, WT11B–K, Knoxville, Tennessee 37902; telephone (865) 638–2252, or by email wdwhite0@tva.gov. The Final EIS, this Record of Decision (ROD) and other project documents are available on TVA’s website https://www.tva.gov/ nepa. SUMMARY: TVA is a corporate agency of the United States that provides electricity for business customers and local power distributors serving more than 10 million people in an 80,000 square mile area comprised of most of Tennessee and parts of Virginia, SUPPLEMENTARY INFORMATION: E:\FR\FM\21APN1.SGM 21APN1

Agencies

[Federal Register Volume 85, Number 77 (Tuesday, April 21, 2020)]
[Notices]
[Pages 22233-22234]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-08372]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-88642; File No. SR-CboeEDGA-2019-015]


Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice 
of Withdrawal of a Proposed Rule Change To Introduce a Small Retail 
Broker Distribution Program

April 15, 2020.
    On October 1, 2019, Cboe EDGA Exchange, Inc. (``Exchange'' or 
``EDGA'') 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 amend the EDGA fee schedule to introduce a 
Small Retail Broker Distribution Program. The proposed rule change was 
immediately effective upon filing with the Commission pursuant to 
Section 19(b)(3)(A) of the Act.\3\ The proposed rule change was 
published for comment in the Federal Register on October 17, 2019.\4\ 
The Commission received no comment letters regarding the proposed rule 
change. On December 10, 2019, the Commission issued an order 
temporarily suspending the proposed rule change pursuant to Section 
19(b)(3)(C) of the Act \5\ and simultaneously instituting proceedings

[[Page 22234]]

under Section 19(b)(2)(B) of the Act \6\ to determine whether to 
approve or disapprove the proposed rule change (``OIP'').\7\ The 
Commission received no comment letters in response to the OIP.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ See Securities Exchange Act Release No. 87294 (October 11, 
2019), 84 FR 55638 (October 17, 2019).
    \5\ 15 U.S.C. 78s(b)(3)(C).
    \6\ 15 U.S.C. 78s(b)(2)(B).
    \7\ See Securities Exchange Act Release No. 87709 (December 10, 
2019), 84 FR 68523 (December 16, 2019).
---------------------------------------------------------------------------

    On April 9, 2020, the Exchange withdrew the proposed rule change 
(SR-CboeEDGA-2019-015).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(57) and (58).
---------------------------------------------------------------------------

J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-08372 Filed 4-20-20; 8:45 am]
BILLING CODE 8011-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.