80 FR 12211 - Self-Regulatory Organizations; ICE Clear Europe Limited; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Relating to ICE Clear Europe Clearing Fees

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 80, Issue 44 (March 6, 2015)

Page Range		12211-12212
FR Document		2015-05156
Federal Register, Volume 80 Issue 44 (Friday, March 6, 2015)
[Federal Register Volume 80, Number 44 (Friday, March 6, 2015)]
[Notices]
[Pages 12211-12212]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-05156]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-74400; File No. SR-ICEEU-2015-001]


Self-Regulatory Organizations; ICE Clear Europe Limited; Notice 
of Filing and Immediate Effectiveness of Proposed Rule Change Relating 
to ICE Clear Europe Clearing Fees

March 2, 2015.
    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 February 19, 2015, ICE Clear Europe Limited (``ICE Clear Europe'') 
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 primarily by ICE Clear Europe. ICE Clear 
Europe filed the proposal pursuant to Section 19(b)(3)(A)(ii) of the 
Act,\3\ and Rule 19b-4(f)(2) \4\ thereunder, so that the proposal was 
effective upon filing with the Commission. The Commission is publishing 
this notice to solicit comments on the proposed rule change from 
interested persons.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \4\ 17 CFR 240.19b-4(f)(2).
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I. Self-Regulatory Organization's Statement of the Terms of Substance 
of the Proposed Rule Change

    The text of the proposed rule change consists of certain rule 
changes that have been proposed by ICE Clear Europe. The principal 
purpose of the proposed changes is to specify the clearing and other 
fees to be charged by ICE Clear Europe in respect of the clearing of 
equity contracts traded on the LIFFE Administration and Management 
market which have transitioned to trading on ICE Futures Europe 
(``Migrating Contracts'').

II. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, ICE Clear Europe 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. ICE Clear Europe has prepared summaries, 
set forth in sections A, B, and C below, of the most significant 
aspects of these statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and 
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The purpose of the proposed rule change is for ICE Clear Europe to 
adopt a new fee schedule in respect of the clearing of the Migrating 
Contracts following the transition of trading in such contracts to ICE 
Futures Europe. The new fee schedule specifies certain exchange and 
clearing fees, as well as certain assignment, delivery and other fees 
applicable to the Migrating Contracts. The new fee schedule will 
replace the fee schedule previously published by ICE Futures Europe in 
respect of equity contracts. The combined exchange and clearing fees 
under the new fee schedule are the same as those being charged prior to 
the transition of trading in such contracts to ICE Futures Europe.
2. Statutory Basis
    ICE Clear Europe has determined that the clearing fees in the new 
schedule continue to be appropriate to charge Clearing Members in 
connection with the clearing of the Migrating Contracts by ICE Clear 
Europe. ICE Clear Europe notes in this regard that the fees are the 
same as those currently charged for such contracts. ICE Clear Europe 
believes that imposing such clearing fees is consistent with the 
requirements of Section 17A of the Act \5\ and the regulations 
thereunder applicable to it, and in particular continues to provide for 
the equitable allocation of reasonable dues, fees, and other charges 
among its Clearing Members, within the meaning of Section 17A(b)(3)(D) 
of the Act.\6\ ICE Clear Europe thus believes that the proposed rule 
change is consistent with the requirements of Section 17A of the Act 
\7\ and regulations thereunder applicable to it.
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    \5\ 15 U.S.C. 78q-1.
    \6\ 15 U.S.C. 78q-1(b)(3)(D).
    \7\ 15 U.S.C. 78q-1.
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B. Self-Regulatory Organization's Statement on Burden on Competition

    ICE Clear Europe does not believe the proposed rule change would 
have any impact, or impose any burden, on competition. The fees in the 
revised fee schedule are the same as those being charged prior to the 
transition in trading of the Migrating Contracts to ICE Futures Europe.

C. Self-Regulatory Organization's Statement on Comments on the Proposed 
Rule Change Received From Members, Participants or Others

    Written comments relating to the proposed changes to the rules have 
not been solicited or received. ICE Clear Europe will notify the 
Commission of any written comments received by ICE Clear Europe.

III. Date of Effectiveness of the Proposed Rule Change and Timing for 
Commission Action

    The foregoing rule change has become effective upon filing pursuant 
to Section 19(b)(3)(A)(ii) of the Act \8\ and Rule 19b-4(f)(2) \9\ 
thereunder because it establishes a fee or other charge imposed by ICE 
Clear Europe on its Clearing Members, within the meaning of Rule 19b-
4(f)(2). Specifically, the proposed rule change will establish fees to 
be paid by Clearing Members to ICE Clear Europe with respect to the 
clearing of Migrating Contracts. 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.
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    \8\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \9\ 17 CFR 240.19b-4(f)(2).
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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 (http://www.sec.gov/rules/sro.shtml) or
     Send an email to [email protected]. Please include 
File Number SR-ICEEU-2015-001 on the subject line.

[[Page 12212]]

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-ICEEU-2015-001. 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 Web site (http://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 Web site 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 such filings also will be available 
for inspection and copying at the principal office of ICE Clear Europe 
and on ICE Clear Europe's Web site at https://www.theice.com/clear-europe/regulation.
    All comments received will be posted without change; the Commission 
does not edit personal identifying information from submissions. You 
should submit only information that you wish to make available 
publicly. All submissions should refer to File Number SR-ICEEU-2015-001 
and should be submitted on or before March 27, 2015.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2015-05156 Filed 3-5-15; 8:45 am]
 BILLING CODE 8011-01-P
Federal Register / Vol. 80, No. 44 / Friday, March 6, 2015 / Notices 12211

should refer to File Number SR–BATS– II. Self-Regulatory Organization’s Act 7 and regulations thereunder
2015–15 and should be submitted on or Statement of the Purpose of, and applicable to it.
before March 27, 2015. Statutory Basis for, the Proposed Rule
B. Self-Regulatory Organization’s
Change
For the Commission, by the Division of Statement on Burden on Competition
Trading and Markets, pursuant to delegated In its filing with the Commission, ICE ICE Clear Europe does not believe the
authority.13 Clear Europe included statements proposed rule change would have any
Brent J. Fields, concerning the purpose of and basis for impact, or impose any burden, on
Secretary. the proposed rule change and discussed competition. The fees in the revised fee
[FR Doc. 2015–05158 Filed 3–5–15; 8:45 am] any comments it received on the schedule are the same as those being
proposed rule change. The text of these charged prior to the transition in trading
BILLING CODE 8011–01–P
statements may be examined at the of the Migrating Contracts to ICE
places specified in Item IV below. ICE Futures Europe.
SECURITIES AND EXCHANGE Clear Europe has prepared summaries,
set forth in sections A, B, and C below, C. Self-Regulatory Organization’s
COMMISSION Statement on Comments on the
of the most significant aspects of these
statements. Proposed Rule Change Received From
[Release No. 34–74400; File No. SR–ICEEU– Members, Participants or Others
2015–001] A. Self-Regulatory Organization’s Written comments relating to the
Statement of the Purpose of, and proposed changes to the rules have not
Self-Regulatory Organizations; ICE Statutory Basis for, the Proposed Rule been solicited or received. ICE Clear
Clear Europe Limited; Notice of Filing Change Europe will notify the Commission of
and Immediate Effectiveness of 1. Purpose any written comments received by ICE
Proposed Rule Change Relating to ICE Clear Europe.
Clear Europe Clearing Fees The purpose of the proposed rule
change is for ICE Clear Europe to adopt III. Date of Effectiveness of the
March 2, 2015. a new fee schedule in respect of the Proposed Rule Change and Timing for
Pursuant to Section 19(b)(1) of the clearing of the Migrating Contracts Commission Action
Securities Exchange Act of 1934 following the transition of trading in The foregoing rule change has become
(‘‘Act’’),1 and Rule 19b–4 thereunder,2 such contracts to ICE Futures Europe. effective upon filing pursuant to Section
notice is hereby given that on February The new fee schedule specifies certain 19(b)(3)(A)(ii) of the Act 8 and Rule 19b–
19, 2015, ICE Clear Europe Limited exchange and clearing fees, as well as 4(f)(2) 9 thereunder because it
(‘‘ICE Clear Europe’’) filed with the certain assignment, delivery and other establishes a fee or other charge
Securities and Exchange Commission fees applicable to the Migrating imposed by ICE Clear Europe on its
(‘‘Commission’’) the proposed rule Contracts. The new fee schedule will Clearing Members, within the meaning
change as described in Items I, II and III replace the fee schedule previously of Rule 19b–4(f)(2). Specifically, the
below, which Items have been prepared published by ICE Futures Europe in proposed rule change will establish fees
respect of equity contracts. The to be paid by Clearing Members to ICE
primarily by ICE Clear Europe. ICE Clear
combined exchange and clearing fees Clear Europe with respect to the
Europe filed the proposal pursuant to
under the new fee schedule are the same clearing of Migrating Contracts. At any
Section 19(b)(3)(A)(ii) of the Act,3 and time within 60 days of the filing of the
as those being charged prior to the
Rule 19b–4(f)(2) 4 thereunder, so that the transition of trading in such contracts to proposed rule change, the Commission
proposal was effective upon filing with ICE Futures Europe. summarily may temporarily suspend
the Commission. The Commission is such rule change if it appears to the
publishing this notice to solicit 2. Statutory Basis Commission that such action is
comments on the proposed rule change ICE Clear Europe has determined that necessary or appropriate in the public
from interested persons. the clearing fees in the new schedule interest, for the protection of investors,
I. Self-Regulatory Organization’s continue to be appropriate to charge or otherwise in furtherance of the
Statement of the Terms of Substance of Clearing Members in connection with purposes of the Act.
the Proposed Rule Change the clearing of the Migrating Contracts IV. Solicitation of Comments
by ICE Clear Europe. ICE Clear Europe
The text of the proposed rule change notes in this regard that the fees are the Interested persons are invited to
consists of certain rule changes that same as those currently charged for such submit written data, views, and
contracts. ICE Clear Europe believes that arguments concerning the foregoing,
have been proposed by ICE Clear
imposing such clearing fees is including whether the proposed rule
Europe. The principal purpose of the
consistent with the requirements of change is consistent with the Act.
proposed changes is to specify the Comments may be submitted by any of
clearing and other fees to be charged by Section 17A of the Act 5 and the
regulations thereunder applicable to it, the following methods:
ICE Clear Europe in respect of the
clearing of equity contracts traded on and in particular continues to provide Electronic Comments
the LIFFE Administration and for the equitable allocation of reasonable • Use the Commission’s Internet
Management market which have dues, fees, and other charges among its comment form (http://www.sec.gov/
mstockstill on DSK4VPTVN1PROD with NOTICES

transitioned to trading on ICE Futures Clearing Members, within the meaning rules/sro.shtml) or
Europe (‘‘Migrating Contracts’’). of Section 17A(b)(3)(D) of the Act.6 ICE • Send an email to rule-comments@
Clear Europe thus believes that the sec.gov. Please include File Number SR–
13 17 CFR 200.30–3(a)(12).
proposed rule change is consistent with ICEEU–2015–001 on the subject line.
1 15 U.S.C. 78s(b)(1). the requirements of Section 17A of the
2 17 CFR 240.19b–4. 7 15 U.S.C. 78q–1.
3 15 U.S.C. 78s(b)(3)(A)(ii). 5 15 U.S.C. 78q–1. 8 15 U.S.C. 78s(b)(3)(A)(ii).
4 17 CFR 240.19b–4(f)(2). 6 15 U.S.C. 78q–1(b)(3)(D). 9 17 CFR 240.19b–4(f)(2).

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12212 Federal Register / Vol. 80, No. 44 / Friday, March 6, 2015 / Notices

Paper Comments SECURITIES AND EXCHANGE SECURITIES AND EXCHANGE
COMMISSION COMMISSION
• Send paper comments in triplicate
to Secretary, Securities and Exchange
[File No. 500–1] [SEC File No. 270–221, OMB Control No.
Commission, 100 F Street NE.,
3235–0232]
Washington, DC 20549–1090. In the Matter of Discovery Oil, Ltd., I/
All submissions should refer to File O Magic Corporation, Maydao Proposed Collection; Comment
Number SR–ICEEU–2015–001. This file Corporation, NX Global, Inc, and Request
number should be included on the SensiVida Medical Technologies, Inc.;
subject line if email is used. To help the Order of Suspension of Trading Upon Written Request, Copies Available
Commission process and review your From: Securities and Exchange
March 4, 2015. Commission, Office of FOIA Services,
comments more efficiently, please use
It appears to the Securities and 100 F Street NE., Washington, DC
only one method. The Commission will
Exchange Commission that there is a 20549–2736.
post all comments on the Commission’s
Internet Web site (http://www.sec.gov/ lack of current and accurate information Extension: Form 1–E, Regulation E
rules/sro.shtml). Copies of the concerning the securities of Discovery
submission, all subsequent Oil, Ltd. because it has not filed any Notice is hereby given that, pursuant
amendments, all written statements periodic reports since the period ended to the Paperwork Reduction Act of 1995
September 30, 2010. (44 U.S.C. 3501 et seq.), the Securities
with respect to the proposed rule
and Exchange Commission (the
change that are filed with the It appears to the Securities and ‘‘Commission’’) is soliciting comments
Commission, and all written Exchange Commission that there is a on the collection of information
communications relating to the lack of current and accurate information summarized below. The Commission
proposed rule change between the concerning the securities of I/O Magic plans to submit this existing collection
Commission and any person, other than Corporation because it has not filed any of information of the Office of
those that may be withheld from the periodic reports since the period ended Management and Budget for extension
public in accordance with the September 30, 2011. and approval.
provisions of 5 U.S.C. 552, will be It appears to the Securities and Form 1–E (17 CFR 239.200) under the
available for Web site viewing and Exchange Commission that there is a Securities Act of 1933 (15 U.S.C. 77a et
printing in the Commission’s Public lack of current and accurate information seq.) (‘‘Securities Act’’) is the form that
Reference Room, 100 F Street NE., concerning the securities of Maydao a small business investment company
Washington, DC 20549, on official Corporation because it has not filed any (‘‘SBIC’’) or business development
business days between the hours of periodic reports since the period ended company (‘‘BDC’’) uses to notify the
10:00 a.m. and 3:00 p.m. Copies of such September 30, 2011. Commission that it is claiming an
filings also will be available for exemption under Regulation E from
It appears to the Securities and
inspection and copying at the principal registering its securities under the
Exchange Commission that there is a
office of ICE Clear Europe and on ICE Securities Act. Rule 605 of Regulation E
lack of current and accurate information
Clear Europe’s Web site at https:// (17 CFR 230.605) under the Securities
concerning the securities of NX Global,
www.theice.com/clear-europe/ Act requires an SBIC or BDC claiming
Inc because it has not filed any periodic
regulation. such an exemption to file an offering
reports since the period ended October
All comments received will be posted circular with the Commission that must
31, 2011.
without change; the Commission does also be provided to persons to whom an
It appears to the Securities and offer is made. Form 1–E requires an
not edit personal identifying Exchange Commission that there is a
information from submissions. You issuer to provide the names and
lack of current and accurate information addresses of the issuer, its affiliates,
should submit only information that concerning the securities of SensiVida directors, officers, and counsel; a
you wish to make available publicly. All Medical Technologies, Inc. because it description of events which would
submissions should refer to File has not filed any periodic reports since make the exemption unavailable; the
Number SR–ICEEU–2015–001 and the period ended May 31, 2011. jurisdictions in which the issuer intends
should be submitted on or before March to offer the securities; information about
27, 2015. The Commission is of the opinion that
the public interest and the protection of unregistered securities issued or sold by
For the Commission, by the Division of investors require a suspension of trading the issuer within one year before filing
Trading and Markets, pursuant to delegated in the securities of the above-listed the notification on Form 1–E;
authority.10 companies. Therefore, it is ordered, information as to whether the issuer is
Brent J. Fields, pursuant to Section 12(k) of the presently offering or contemplating
Secretary. Securities Exchange Act of 1934, that offering any other securities; and
[FR Doc. 2015–05156 Filed 3–5–15; 8:45 am] trading in the securities of the above- exhibits, including copies of the rule
listed companies is suspended for the 605 offering circular and any
BILLING CODE 8011–01–P
underwriting contracts.
period from 9:30 a.m. EST on March 4,
The Commission uses the information
mstockstill on DSK4VPTVN1PROD with NOTICES

2015, through 11:59 p.m. EDT on March
17, 2015. provided in the notification on Form 1–
E and the offering circular to determine
By the Commission.
whether an offering qualifies for the
Jill M. Peterson, exemption under Regulation E. The
Assistant Secretary. Commission estimates that, each year,
[FR Doc. 2015–05371 Filed 3–4–15; 4:15 pm] one issuer files one notification on Form
10 17 CFR 200.30–3(a)(12). BILLING CODE 8011–01–P 1–E, together with offering circulars,

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Document Created: 2018-02-21 09:33:27
Document Modified: 2018-02-21 09:33:27
Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		80 FR 12211