81 FR 64574 - Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change To Revise the ICC Risk Management Model Description Document and the ICC Risk Management Framework

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 182 (September 20, 2016)

Page Range		64574-64574
FR Document		2016-22623

Federal Register, Volume 81 Issue 182 (Tuesday, September 20, 2016)

[Federal Register Volume 81, Number 182 (Tuesday, September 20, 2016)]
[Notices]
[Page 64574]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-22623]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78846; File No. SR-ICC-2016-010]


Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of 
Designation of Longer Period for Commission Action on Proposed Rule 
Change To Revise the ICC Risk Management Model Description Document and 
the ICC Risk Management Framework

September 15, 2016.
    On July 15, 2016, ICE Clear Credit LLC (``ICC'') filed with the 
Securities and Exchange Commission (``Commission''), pursuant to 
Section 19(b)(1) of the Securities Exchange Act (``Act'') \1\ and Rule 
19b-4 thereunder,\2\ a proposed rule change to revise the ICC Risk 
Management Framework to incorporate certain risk model enhancements. 
ICC also proposed minor clarifying edits to the ICC Risk Management 
Model Description document and the ICC Risk Management Framework (File 
No. SR-ICC-2016-010). The proposed rule change was published for 
comment in the Federal Register on August 4, 2016.\3\ To date, the 
Commission has not received comments on the proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 34-78448 (July 29, 
2016), 81 FR 51532 (Aug. 4, 2016) (SR-ICC-2016-010).
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    Section 19(b)(2) of the Act \4\ provides that within 45 days of the 
publication of notice of the filing of a proposed rule change, or 
within such longer period up to 90 days as the Commission may designate 
if it finds such longer period to be appropriate and publishes its 
reasons for so finding or as to which the self-regulatory organization 
consents, the Commission shall either approve the proposed rule change, 
disapprove the proposed rule change, or institute proceedings to 
determine whether the proposed rule change should be disapproved. The 
45th day from the publication of notice of filing of this proposed rule 
change is September 18, 2016.
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    \4\ 15 U.S.C. 78s(b)(2).
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    The Commission is extending the 45-day time period for Commission 
action on the proposed rule change. ICC's proposed rule change would 
modify the ICC Risk Management Framework. The Commission finds it 
appropriate to designate a longer period within which to take action on 
the proposed rule change so that it has sufficient time to consider 
ICC's proposed rule change.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act,\5\ designates November 2, 2016 as the date by which the Commission 
should either approve or disapprove, or institute proceedings to 
determine whether to disapprove, the proposed rule change (File No. SR-
ICC-2016-010).
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    \5\ 15 U.S.C. 78s(b)(2).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(31).
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Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-22623 Filed 9-19-16; 8:45 am]
 BILLING CODE 8011-01-P

64574 Federal Register / Vol. 81, No. 182 / Tuesday, September 20, 2016 / Notices

SECURITIES AND EXCHANGE email to: PRA_Mailbox@sec.gov. Comments proposed rule change is September 18,
COMMISSION must be submitted to OMB within 30 days of 2016.
this notice. The Commission is extending the 45-
Submission for OMB Review; day time period for Commission action
Dated: September 14, 2016.
Comment Request on the proposed rule change. ICC’s
Robert W. Errett,
proposed rule change would modify the
Upon Written Request Copies Available Deputy Secretary. ICC Risk Management Framework. The
From: Securities and Exchange [FR Doc. 2016–22543 Filed 9–19–16; 8:45 am] Commission finds it appropriate to
Commission, Office of FOIA, 100 F BILLING CODE 8011–01–P designate a longer period within which
Street NE., Washington, DC 20549–
to take action on the proposed rule
2736.
change so that it has sufficient time to
Extension: SECURITIES AND EXCHANGE consider ICC’s proposed rule change.
Rule 155; SEC File No. 270–492; OMB COMMISSION Accordingly, the Commission,
Control No. 3235–0549.
pursuant to Section 19(b)(2) of the Act,5
Notice is hereby given that, pursuant to the [Release No. 34–78846; File No. SR–ICC–
Paperwork Reduction Act of 1995 (44 U.S.C. 2016–010] designates November 2, 2016 as the date
3501 et seq.), the Securities and Exchange by which the Commission should either
Commission (‘‘Commission’’) has submitted Self-Regulatory Organizations; ICE approve or disapprove, or institute
to the Office of Management and Budget this Clear Credit LLC; Notice of proceedings to determine whether to
request for extension of the previously Designation of Longer Period for disapprove, the proposed rule change
approved collection of information discussed Commission Action on Proposed Rule (File No. SR–ICC–2016–010).
below.
Rule 155 (17 CFR 230.155) under the Change To Revise the ICC Risk For the Commission, by the Division of
Securities Act of 1933 (15 U.S.C. 77a et seq.) Management Model Description Trading and Markets, pursuant to delegated
provides safe harbors for a registered offering Document and the ICC Risk authority.6
of securities following an abandoned private Management Framework Robert W. Errett,
offering, or a private offering following an Deputy Secretary.
abandoned a registered offering, without September 15, 2016.
[FR Doc. 2016–22623 Filed 9–19–16; 8:45 am]
integrating the registered and private On July 15, 2016, ICE Clear Credit
BILLING CODE 8011–01–P
offerings in either case. In connection with LLC (‘‘ICC’’) filed with the Securities
registered offering following an abandoned and Exchange Commission
private offering, Rule 155 requires an issuer (‘‘Commission’’), pursuant to Section
to include in any prospectus filed as a part DEPARTMENT OF TRANSPORTATION
19(b)(1) of the Securities Exchange Act
of a registration statement disclosure
regarding the abandoned private offering. (‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
Federal Aviation Administration
Similarly, the rule requires an issuer to proposed rule change to revise the ICC
provide each offeree in a private offering Risk Management Framework to Twenty Fourth Meeting of SC–217
following an abandoned registered offering incorporate certain risk model Aeronautical Databases
with: (1) Information concerning the enhancements. ICC also proposed minor
withdrawal of the registration statement; (2) clarifying edits to the ICC Risk AGENCY: Federal Aviation
the fact that the private offering is Management Model Description Administration (FAA), U.S. Department
unregistered; and (3) the legal implications of document and the ICC Risk of Transportation (DOT).
the offering’s unregistered status. All
Management Framework (File No. SR– ACTION: Twenty Seventh Meeting of the
information submitted to the Commission is
available to the public for review. Companies ICC–2016–010). The proposed rule SC–217 Aeronautical Databases.
only need to satisfy the Rule 155 information change was published for comment in
the Federal Register on August 4, 2016.3 SUMMARY: The FAA is issuing this notice
requirements if they wish to take advantage
of the rule’s safe harbors. The Rule 155 To date, the Commission has not to advise the public of a meeting of
information is required only on occasion. We received comments on the proposed Twenty Seventh Meeting of SC–217
estimate Rule 155 takes approximately 4 rule change. Aeronautical Databases.
hours per response to prepare and is filed by Section 19(b)(2) of the Act 4 provides DATES: The meeting will be held
600 respondents annually. We estimate that that within 45 days of the publication of November 29 to December 2, 2016, 9:00
50% of the 4 hours per response (2 hours per a.m. to 5:00 p.m.
notice of the filing of a proposed rule
response) is prepared by the filer for a total
annual reporting burden of 1,200 hours (2 change, or within such longer period up ADDRESSES: The meeting will be held at:
hours per response × 600 responses). to 90 days as the Commission may 202 Burlington Road, Bedford, MA
An agency may not conduct or sponsor, designate if it finds such longer period 01730–1420.
and a person is not required to respond to, to be appropriate and publishes its FOR FURTHER INFORMATION CONTACT:
a collection of information unless it displays reasons for so finding or as to which the Karan Hofmann at khofmann@rtca.org
a currently valid control number. self-regulatory organization consents, or (202) 330–0680, or The RTCA
The public may view the background the Commission shall either approve the Secretariat, 1150 18th Street NW., Suite
documentation for this information proposed rule change, disapprove the
collection at the following Web site,
910, Washington, DC, 20036, or by
proposed rule change, or institute telephone at (202) 833–9339, fax at (202)
www.reginfo.gov . Comments should be
directed to: (i) Desk Officer for the Securities proceedings to determine whether the 833–9434, or Web site at http://
and Exchange Commission, Office of proposed rule change should be www.rtca.org.
Information and Regulatory Affairs, Office of disapproved. The 45th day from the
sradovich on DSK3GMQ082PROD with NOTICES

publication of notice of filing of this SUPPLEMENTARY INFORMATION: Pursuant
Management and Budget, Room 10102, New
Executive Office Building, Washington, DC
to section 10(a)(2) of the Federal
20503, or by sending an email to: 1 15
Advisory Committee Act (Pub. L. 92–
U.S.C. 78s(b)(1).
Shagufta_Ahmed@omb.eop.gov; and (ii) 2 17 CFR 240.19b–4.
463, 5 U.S.C., App.), notice is hereby
Pamela Dyson, Director/Chief Information 3 Securities Exchange Act Release No. 34–78448 given for a meeting of the Twenty
Officer, Securities and Exchange (July 29, 2016), 81 FR 51532 (Aug. 4, 2016) (SR–
Commission, c/o Remi Pavlik-Simon, 100 F ICC–2016–010). 5 15 U.S.C. 78s(b)(2).
Street NE., Washington, DC 20549 or send an 4 15 U.S.C. 78s(b)(2). 6 17 CFR 200.30–3(a)(31).

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Document Created: 2018-02-09 13:20:06
Document Modified: 2018-02-09 13:20:06

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		81 FR 64574