Self-Regulatory Organizations; Options Clearing Corporation; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Partial Amendment No. 1, Concerning Clearing Member Cybersecurity Obligations, 43640-43641 [2023-14441]
Download as PDF
43640
Federal Register / Vol. 88, No. 130 / Monday, July 10, 2023 / Notices
Dated: July 6, 2023.
Sherry R. Haywood,
Assistant Secretary.
Section 19(b)(2)(B) of the Exchange
Act,9 to determine whether to approve
or disapprove the proposed rule change,
as modified by Partial Amendment No.
1 (hereinafter defined as ‘‘Proposed Rule
Change’’).
[FR Doc. 2023–14636 Filed 7–6–23; 4:15 pm]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–97832; File No. SR–OCC–
2023–003]
Self-Regulatory Organizations;
Options Clearing Corporation; Order
Instituting Proceedings To Determine
Whether To Approve or Disapprove a
Proposed Rule Change, as Modified by
Partial Amendment No. 1, Concerning
Clearing Member Cybersecurity
Obligations
July 3, 2023.
I. Introduction
On March 21, 2023, the Options
Clearing Corporation (‘‘OCC’’) filed with
the Securities and Exchange
Commission (‘‘Commission’’) the
proposed rule change SR–OCC–2023–
003 pursuant to Section 19(b) of the
Securities Exchange Act of 1934
(‘‘Exchange Act’’) 1 and Rule 19b–4 2
thereunder to amend certain provisions
in OCC’s Rules relating to each Clearing
Member’s obligation to address a
’’Security Incident’’ (i.e., the occurrence
of a cyber-related disruption or
intrusion) of that Clearing Member.3
The proposed rule change was
published for public comment in the
Federal Register on April 5, 2023.4 The
Commission has received comments
regarding the proposed rule change.5
On May 18, 2023, pursuant to Section
19(b)(2) of the Exchange Act,6 the
Commission designated a longer period
within which to approve, disapprove, or
institute proceedings to determine
whether to approve or disapprove the
proposed rule change.7 On May 24,
2023, OCC filed Partial Amendment No.
1 to the proposed rule change.8 This
order institutes proceedings, pursuant to
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Notice of Filing infra note 4, at 88 FR at
20195.
4 Securities Exchange Act Release No. 97225
(Mar. 30, 2023), 88 FR 20195 (Apr. 5, 2023) (File
No. SR–OCC–2023–003) (‘‘Notice of Filing’’).
5 Comments on the proposed rule change are
available at https://www.sec.gov/comments/sr-occ2023-003/srocc2023003.htm.
6 15 U.S.C. 78s(b)(2).
7 Securities Exchange Act Release No. 97525 (May
18, 2023), 88 FR 33655 (May 24, 2023) (File No. SR–
OCC–2023–003).
8 Securities Exchange Act Release No. 97602 (May
26, 2023), 88 FR 36351 (Jun. 2, 2023) (File No. SR–
OCC–2023–003) (‘‘Partial Amendment No. 1’’).
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Jkt 259001
II. Summary of the Proposed Rule
Change
Currently, the only OCC Rule
governing a Clearing Member’s
cybersecurity obligations to OCC is Rule
219, titled ‘‘Cybersecurity
Confirmation.’’ It requires Clearing
Members and applicants for clearing
membership to submit to OCC a form
called the ‘‘Cybersecurity Confirmation’’
at least every two years or as part of its
application materials, respectively.
Through the form, Clearing Members
and applicants confirm that they
maintain a comprehensive cybersecurity
program that meets certain criteria (e.g.,
it is approved by senior management,
reviewed and updated periodically,
protects the segment of the Clearing
Member’s or applicant’s system that
interacts with OCC, establishes a
process for the Clearing Member to
remediate cyber issues, etc.). However,
current Rule 219 does not require
Clearing Members to notify OCC if they
experience a cybersecurity incident that
could impact OCC or otherwise address
OCC’s processes, or the Clearing
Member’s obligations with respect to
OCC, in the event a Clearing Member
experiences a cybersecurity incident.
The substantive changes in the
proposed rule change would be the
addition of two new subsections—(d)
and (e)—titled ‘‘Occurrence of a
Security Incident’’ and ‘‘Procedures for
Connecting Following a Security
Incident,’’ respectively. New subsection
(d) would require a Clearing Member
that experiences a Security Incident (as
defined in the Rule) to immediately
notify OCC of the Security Incident. It
would also specify that OCC may take
actions it deems reasonably necessary to
mitigate any effects on its operations
following a Security Incident. New
subsection (e) would require a Clearing
Member wishing to reconnect its
systems to OCC’s systems to provide
OCC with a new form, titled
‘‘Reconnection Attestation,’’ that
describes the Security Incident and
attests to certain security requirements,
as well as an associated checklist, titled
‘‘Reconnection Checklist,’’ that
describes the affected Clearing
Member’s remediation efforts and other
key information.
OCC submitted Partial Amendment
No. 1 in response to comments received
PO 00000
on the scope of the proposed definition
of Security Incident and potential
conflicts with other existing and
proposed Commission rules.10 OCC also
submitted Partial Amendment No. 1 in
response to comments about (i) the
requirement that Clearing Members
provide immediate notice of a Security
Incident to OCC, (ii) the standards OCC
would apply when determining whether
to disconnect a Clearing Member from
OCC, and (iii) the process for
reconnection following a Security
Incident that results in disconnection.11
III. Proceedings To Determine Whether
To Approve or Disapprove the
Proposed Rule Change and Grounds for
Disapproval Under Consideration
The Commission is instituting
proceedings pursuant to Section
19(b)(2)(B) of the Exchange Act 12 to
determine whether the Proposed Rule
Change should be approved or
disapproved. Institution of proceedings
is appropriate at this time in view of the
legal and policy issues raised by the
Proposed Rule Change. Institution of
proceedings does not indicate that the
Commission has reached any
conclusions with respect to any of the
issues involved. Rather, the Commission
seeks and encourages interested persons
to comment on the Proposed Rule
Change, providing the Commission with
arguments to support the Commission’s
analysis as to whether to approve or
disapprove the Proposed Rule Change.
Pursuant to Section 19(b)(2)(B) of the
Exchange Act,13 the Commission is
providing notice of the grounds for
disapproval under consideration. The
Commission is instituting proceedings
to allow for additional analysis of, and
input from commenters with respect to,
the Proposed Rule Change’s consistency
with Section 17A of the Exchange Act,14
and the rules thereunder, including the
following provisions:
• Section 17A(b)(3)(F) of the
Exchange Act,15 which requires, among
other things, that the rules of a clearing
agency are designed to promote the
prompt and accurate clearance and
settlement of securities transactions and
derivative agreements, contracts, and
transactions; and 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; and
10 See
12 15
U.S.C. 78s(b)(2)(B).
Frm 00097
Fmt 4703
15 15
Sfmt 4703
U.S.C. 78s(b)(2)(B).
13 Id.
14 15
9 15
Partial Amendment No. 1, supra note 8.
11 Id.
E:\FR\FM\10JYN1.SGM
U.S.C. 78q–1.
U.S.C. 78q–1(b)(3)(F).
10JYN1
Federal Register / Vol. 88, No. 130 / Monday, July 10, 2023 / Notices
• Rule 17Ad–22(e)(17)(i) of the
Exchange Act,16 which requires that a
covered clearing agency establish,
implement, maintain and enforce
written policies and procedures
reasonably designed to manage the
covered clearing agency’s operational
risks by identifying the plausible
sources of operational risk, both internal
and external, and mitigating their
impact through the use of appropriate
systems, policies, procedures, and
controls.
IV. Procedure: Request for Written
Comments
The Commission requests that
interested persons provide written
submissions of their views, data, and
arguments with respect to the issues
identified above, as well as any other
concerns they may have with the
Proposed Rule Change. In particular, the
Commission invites the written views of
interested persons concerning whether
the Proposed Rule Change is consistent
with Section 17A(b)(3)(F) 17 and Rule
17Ad–22(e)(17)(i) 18 of the Exchange
Act, or any other provision of the
Exchange Act, or the rules and
regulations thereunder. Although there
do not appear to be any issues relevant
to approval or disapproval that would
be facilitated by an oral presentation of
views, data, and arguments, the
Commission will consider, pursuant to
Rule 19b–4(g) under the Exchange
Act,19 any request for an opportunity to
make an oral presentation.20
Interested persons are invited to
submit written data, views, and
arguments regarding whether the
Proposed Rule Change should be
approved or disapproved by July 25,
2023. Any person who wishes to file a
rebuttal to any other person’s
submission must file that rebuttal by
August 8, 2023.
The Commission asks that
commenters address the sufficiency of
OCC’s statements in support of the
Proposed Rule Change, which are set
forth in the Notice of Filing 21 and the
Partial Amendment No. 1,22 in addition
to any other comments they may wish
16 17
CFR 240.17Ad–22(e)(17)(i).
U.S.C. 78q–1(b)(3)(F).
18 17 CFR 240.17Ad–22(e)(17)(i).
19 17 CFR 240.19b–4(g).
20 Section 19(b)(2) of the Exchange Act grants to
the Commission flexibility to determine what type
of proceeding—either oral or notice and
opportunity for written comments—is appropriate
for consideration of a particular proposal by a selfregulatory organization. See Securities Act
Amendments of 1975, Senate Comm. on Banking,
Housing & Urban Affairs, S. Rep. No. 75, 94th
Cong., 1st Sess. 30 (1975).
21 See Notice of Filing, supra note 4.
22 See Partial Amendment No. 1, supra note 8.
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43641
to submit about the Proposed Rule
Change.
Comments may be submitted by any
of the following methods:
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.23
Vanessa A. Countryman,
Secretary.
Electronic Comments
[FR Doc. 2023–14441 Filed 7–7–23; 8:45 am]
• 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–
OCC–2023–003 on the subject line.
BILLING CODE 8011–01–P
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–OCC–2023–003. 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,
Washington, DC 20549 on official
business days between the hours of 10
a.m. and 3 p.m. Copies of such filing
also will be available for inspection and
copying at the principal office of OCC
and on OCC’s website at https://
www.theocc.com/CompanyInformation/Documents-and-Archives/
By-Laws-and-Rules.
Do not include personal identifiable
information in submissions; you should
submit only information that you wish
to make available publicly. We may
redact in part or withhold entirely from
publication submitted material that is
obscene or subject to copyright
protection.
All submissions should refer to File
Number SR–OCC–2023–003 and should
be submitted on or before July 25, 2023.
Rebuttal comments should be submitted
by August 8, 2023.
PO 00000
Frm 00098
Fmt 4703
Sfmt 9990
SECURITIES AND EXCHANGE
COMMISSION
Sunshine Act Meeting
Notice is hereby given,
pursuant to the provisions of the
Government in the Sunshine Act, Public
Law 94–409, that the Securities and
Exchange Commission will hold an
Open Meeting on Wednesday, July 12,
2023 at 10:00 a.m.
PLACE: The meeting will be webcast on
the Commission’s website at
www.sec.gov.
STATUS: This meeting will begin at 10:00
a.m. (ET) and will be open to the public
via webcast on the Commission’s
website at www.sec.gov.
MATTERS TO BE CONSIDERED:
1. The Commission will consider
whether to adopt amendments to certain
rules that govern money market funds
and related form amendments. The
Commission will also consider whether
to adopt amendments to Form PF to
revise reporting requirements for large
liquidity fund advisers, as well as
certain technical amendments to other
forms.
2. The Commission will consider
whether to propose amendments to the
broker-dealer customer protection rule
to require certain broker-dealers to
compute their customer and brokerdealer reserve deposit requirements
daily rather than weekly. The
Commission also will consider whether
to seek comment on whether similar
daily reserve computation requirements
should apply to broker-dealers and
security-based swap dealers with
respect to their security-based swap
customers.
CONTACT PERSON FOR MORE INFORMATION:
For further information and to ascertain
what, if any, matters have been added,
deleted or postponed, please contact
Vanessa A. Countryman from the Office
of the Secretary at (202) 551–5400.
Authority: 5 U.S.C. 552b.
TIME AND DATE:
Dated: July 5, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023–14559 Filed 7–6–23; 11:15 am]
BILLING CODE 8011–01–P
23 17
E:\FR\FM\10JYN1.SGM
CFR 200.30–3(a)(31).
10JYN1
Agencies
[Federal Register Volume 88, Number 130 (Monday, July 10, 2023)]
[Notices]
[Pages 43640-43641]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-14441]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-97832; File No. SR-OCC-2023-003]
Self-Regulatory Organizations; Options Clearing Corporation;
Order Instituting Proceedings To Determine Whether To Approve or
Disapprove a Proposed Rule Change, as Modified by Partial Amendment No.
1, Concerning Clearing Member Cybersecurity Obligations
July 3, 2023.
I. Introduction
On March 21, 2023, the Options Clearing Corporation (``OCC'') filed
with the Securities and Exchange Commission (``Commission'') the
proposed rule change SR-OCC-2023-003 pursuant to Section 19(b) of the
Securities Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 19b-4
\2\ thereunder to amend certain provisions in OCC's Rules relating to
each Clearing Member's obligation to address a ''Security Incident''
(i.e., the occurrence of a cyber-related disruption or intrusion) of
that Clearing Member.\3\ The proposed rule change was published for
public comment in the Federal Register on April 5, 2023.\4\ The
Commission has received comments regarding the proposed rule change.\5\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Notice of Filing infra note 4, at 88 FR at 20195.
\4\ Securities Exchange Act Release No. 97225 (Mar. 30, 2023),
88 FR 20195 (Apr. 5, 2023) (File No. SR-OCC-2023-003) (``Notice of
Filing'').
\5\ Comments on the proposed rule change are available at
https://www.sec.gov/comments/sr-occ-2023-003/srocc2023003.htm.
---------------------------------------------------------------------------
On May 18, 2023, pursuant to Section 19(b)(2) of the Exchange
Act,\6\ the Commission designated a longer period within which to
approve, disapprove, or institute proceedings to determine whether to
approve or disapprove the proposed rule change.\7\ On May 24, 2023, OCC
filed Partial Amendment No. 1 to the proposed rule change.\8\ This
order institutes proceedings, pursuant to Section 19(b)(2)(B) of the
Exchange Act,\9\ to determine whether to approve or disapprove the
proposed rule change, as modified by Partial Amendment No. 1
(hereinafter defined as ``Proposed Rule Change'').
---------------------------------------------------------------------------
\6\ 15 U.S.C. 78s(b)(2).
\7\ Securities Exchange Act Release No. 97525 (May 18, 2023), 88
FR 33655 (May 24, 2023) (File No. SR-OCC-2023-003).
\8\ Securities Exchange Act Release No. 97602 (May 26, 2023), 88
FR 36351 (Jun. 2, 2023) (File No. SR-OCC-2023-003) (``Partial
Amendment No. 1'').
\9\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------
II. Summary of the Proposed Rule Change
Currently, the only OCC Rule governing a Clearing Member's
cybersecurity obligations to OCC is Rule 219, titled ``Cybersecurity
Confirmation.'' It requires Clearing Members and applicants for
clearing membership to submit to OCC a form called the ``Cybersecurity
Confirmation'' at least every two years or as part of its application
materials, respectively. Through the form, Clearing Members and
applicants confirm that they maintain a comprehensive cybersecurity
program that meets certain criteria (e.g., it is approved by senior
management, reviewed and updated periodically, protects the segment of
the Clearing Member's or applicant's system that interacts with OCC,
establishes a process for the Clearing Member to remediate cyber
issues, etc.). However, current Rule 219 does not require Clearing
Members to notify OCC if they experience a cybersecurity incident that
could impact OCC or otherwise address OCC's processes, or the Clearing
Member's obligations with respect to OCC, in the event a Clearing
Member experiences a cybersecurity incident.
The substantive changes in the proposed rule change would be the
addition of two new subsections--(d) and (e)--titled ``Occurrence of a
Security Incident'' and ``Procedures for Connecting Following a
Security Incident,'' respectively. New subsection (d) would require a
Clearing Member that experiences a Security Incident (as defined in the
Rule) to immediately notify OCC of the Security Incident. It would also
specify that OCC may take actions it deems reasonably necessary to
mitigate any effects on its operations following a Security Incident.
New subsection (e) would require a Clearing Member wishing to reconnect
its systems to OCC's systems to provide OCC with a new form, titled
``Reconnection Attestation,'' that describes the Security Incident and
attests to certain security requirements, as well as an associated
checklist, titled ``Reconnection Checklist,'' that describes the
affected Clearing Member's remediation efforts and other key
information.
OCC submitted Partial Amendment No. 1 in response to comments
received on the scope of the proposed definition of Security Incident
and potential conflicts with other existing and proposed Commission
rules.\10\ OCC also submitted Partial Amendment No. 1 in response to
comments about (i) the requirement that Clearing Members provide
immediate notice of a Security Incident to OCC, (ii) the standards OCC
would apply when determining whether to disconnect a Clearing Member
from OCC, and (iii) the process for reconnection following a Security
Incident that results in disconnection.\11\
---------------------------------------------------------------------------
\10\ See Partial Amendment No. 1, supra note 8.
\11\ Id.
---------------------------------------------------------------------------
III. Proceedings To Determine Whether To Approve or Disapprove the
Proposed Rule Change and Grounds for Disapproval Under Consideration
The Commission is instituting proceedings pursuant to Section
19(b)(2)(B) of the Exchange Act \12\ to determine whether the Proposed
Rule Change should be approved or disapproved. Institution of
proceedings is appropriate at this time in view of the legal and policy
issues raised by the Proposed Rule Change. Institution of proceedings
does not indicate that the Commission has reached any conclusions with
respect to any of the issues involved. Rather, the Commission seeks and
encourages interested persons to comment on the Proposed Rule Change,
providing the Commission with arguments to support the Commission's
analysis as to whether to approve or disapprove the Proposed Rule
Change.
---------------------------------------------------------------------------
\12\ 15 U.S.C. 78s(b)(2)(B).
---------------------------------------------------------------------------
Pursuant to Section 19(b)(2)(B) of the Exchange Act,\13\ the
Commission is providing notice of the grounds for disapproval under
consideration. The Commission is instituting proceedings to allow for
additional analysis of, and input from commenters with respect to, the
Proposed Rule Change's consistency with Section 17A of the Exchange
Act,\14\ and the rules thereunder, including the following provisions:
---------------------------------------------------------------------------
\13\ Id.
\14\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------
Section 17A(b)(3)(F) of the Exchange Act,\15\ which
requires, among other things, that the rules of a clearing agency are
designed to promote the prompt and accurate clearance and settlement of
securities transactions and derivative agreements, contracts, and
transactions; and 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; and
---------------------------------------------------------------------------
\15\ 15 U.S.C. 78q-1(b)(3)(F).
---------------------------------------------------------------------------
[[Page 43641]]
Rule 17Ad-22(e)(17)(i) of the Exchange Act,\16\ which
requires that a covered clearing agency establish, implement, maintain
and enforce written policies and procedures reasonably designed to
manage the covered clearing agency's operational risks by identifying
the plausible sources of operational risk, both internal and external,
and mitigating their impact through the use of appropriate systems,
policies, procedures, and controls.
---------------------------------------------------------------------------
\16\ 17 CFR 240.17Ad-22(e)(17)(i).
---------------------------------------------------------------------------
IV. Procedure: Request for Written Comments
The Commission requests that interested persons provide written
submissions of their views, data, and arguments with respect to the
issues identified above, as well as any other concerns they may have
with the Proposed Rule Change. In particular, the Commission invites
the written views of interested persons concerning whether the Proposed
Rule Change is consistent with Section 17A(b)(3)(F) \17\ and Rule 17Ad-
22(e)(17)(i) \18\ of the Exchange Act, or any other provision of the
Exchange Act, or the rules and regulations thereunder. Although there
do not appear to be any issues relevant to approval or disapproval that
would be facilitated by an oral presentation of views, data, and
arguments, the Commission will consider, pursuant to Rule 19b-4(g)
under the Exchange Act,\19\ any request for an opportunity to make an
oral presentation.\20\
---------------------------------------------------------------------------
\17\ 15 U.S.C. 78q-1(b)(3)(F).
\18\ 17 CFR 240.17Ad-22(e)(17)(i).
\19\ 17 CFR 240.19b-4(g).
\20\ Section 19(b)(2) of the Exchange Act grants to the
Commission flexibility to determine what type of proceeding--either
oral or notice and opportunity for written comments--is appropriate
for consideration of a particular proposal by a self-regulatory
organization. See Securities Act Amendments of 1975, Senate Comm. on
Banking, Housing & Urban Affairs, S. Rep. No. 75, 94th Cong., 1st
Sess. 30 (1975).
---------------------------------------------------------------------------
Interested persons are invited to submit written data, views, and
arguments regarding whether the Proposed Rule Change should be approved
or disapproved by July 25, 2023. Any person who wishes to file a
rebuttal to any other person's submission must file that rebuttal by
August 8, 2023.
The Commission asks that commenters address the sufficiency of
OCC's statements in support of the Proposed Rule Change, which are set
forth in the Notice of Filing \21\ and the Partial Amendment No. 1,\22\
in addition to any other comments they may wish to submit about the
Proposed Rule Change.
---------------------------------------------------------------------------
\21\ See Notice of Filing, supra note 4.
\22\ See Partial Amendment No. 1, supra note 8.
---------------------------------------------------------------------------
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-OCC-2023-003 on the subject line.
Paper Comments
Send paper comments in triplicate to Secretary, Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.
All submissions should refer to file number SR-OCC-2023-003. 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,
Washington, DC 20549 on official business days between the hours of 10
a.m. and 3 p.m. Copies of such filing also will be available for
inspection and copying at the principal office of OCC and on OCC's
website at https://www.theocc.com/Company-Information/Documents-and-Archives/By-Laws-and-Rules.
Do not include personal identifiable information in submissions;
you should submit only information that you wish to make available
publicly. We may redact in part or withhold entirely from publication
submitted material that is obscene or subject to copyright protection.
All submissions should refer to File Number SR-OCC-2023-003 and
should be submitted on or before July 25, 2023. Rebuttal comments
should be submitted by August 8, 2023.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\23\
---------------------------------------------------------------------------
\23\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------
Vanessa A. Countryman,
Secretary.
[FR Doc. 2023-14441 Filed 7-7-23; 8:45 am]
BILLING CODE 8011-01-P