81_FR_86277 81 FR 86048 - Sunshine Act Meeting

81 FR 86048 - Sunshine Act Meeting

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 229 (November 29, 2016)

Page Range86048-86048
FR Document2016-28772

Federal Register, Volume 81 Issue 229 (Tuesday, November 29, 2016)
[Federal Register Volume 81, Number 229 (Tuesday, November 29, 2016)]
[Notices]
[Page 86048]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-28772]


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

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 a closed meeting on Thursday, 
December 1, 2016 at 12 p.m.
    Commissioners, Counsel to the Commissioners, the Secretary to the 
Commission, and recording secretaries will attend the closed meeting. 
Certain staff members who have an interest in the matters also may be 
present.
    The General Counsel of the Commission, or her designee, has 
certified that, in her opinion, one or more of the exemptions set forth 
in 5 U.S.C. 552b(c)(3), (5), (7), 9(B) and (10) and 17 CFR 
200.402(a)(3), (a)(5), (a)(7), (a)(9)(ii) and (a)(10), permit 
consideration of the scheduled matter at the closed meeting.
    Chair White, as duty officer, voted to consider the items listed 
for the closed meeting in closed session, and determined that no 
earlier notice thereof was possible.
    The subject matter of the closed meeting will be:

    Institution and settlement of injunctive actions;
    Institution and settlement of administrative proceedings;
    Resolution of litigation claims; and
    Other matters relating to enforcement proceedings.

    At times, changes in Commission priorities require alterations in 
the scheduling of meeting items.
    For further information and to ascertain what, if any, matters have 
been added, deleted or postponed; please contact Brent J. Fields from 
the Office of the Secretary at (202) 551-5400.

    Dated: November 23, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-28772 Filed 11-25-16; 11:15 am]
 BILLING CODE 8011-01-P



                                                    86048                      Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices

                                                                                                            SECURITIES AND EXCHANGE                               Procedures, amendments are made to
                                                    Robert W. Errett,                                       COMMISSION                                            add South African rand (‘‘ZAR’’) as a
                                                    Deputy Secretary.                                                                                             currency eligible for Variation Margin
                                                                                                            [Release No. 34–79375; File No. SR–ICEEU–
                                                    [FR Doc. 2016–28639 Filed 11–28–16; 8:45 am]            2016–013]
                                                                                                                                                                  and settlement payments for financials
                                                                                                                                                                  and softs contracts which settle in such
                                                    BILLING CODE 8011–01–P
                                                                                                            Self-Regulatory Organizations; ICE                    currency. Other conforming changes
                                                                                                            Clear Europe Limited; Notice of Filing                have been made in the Finance
                                                                                                            and Immediate Effectiveness of a                      Procedures (including in paragraph 4) to
                                                    SECURITIES AND EXCHANGE
                                                                                                            Proposed Rule Change Relating to the                  reflect the addition of ZAR as an eligible
                                                    COMMISSION                                                                                                    currency for such purposes. As with the
                                                                                                            Finance Procedures
                                                                                                                                                                  other currencies currently eligible to be
                                                    Sunshine Act Meeting                                    November 22, 2016.                                    used as Variation Margin and settlement
                                                                                                               Pursuant to Section 19(b)(1) of the                payments for financials and softs
                                                       Notice is hereby given, pursuant to                  Securities Exchange Act of 1934                       contracts, ZAR will be subject to
                                                    the provisions of the Government in the                 (‘‘Act’’),1 and Rule 19b–4 thereunder,2               haircuts determine [sic] pursuant to the
                                                    Sunshine Act, Public Law 94–409, that                   notice is hereby given that on November               [sic] Finance Procedures and existing
                                                    the Securities and Exchange                             9, 2016, ICE Clear Europe Limited (‘‘ICE              ICE Clear Europe haircut policies. [sic]
                                                    Commission will hold a closed meeting                   Clear Europe’’) filed with the Securities             A typographical error and erroneous
                                                    on Thursday, December 1, 2016 at 12                     and Exchange Commission                               cross-reference have also been corrected
                                                    p.m.                                                    (‘‘Commission’’) the proposed rule                    in paragraph 2.2.
                                                       Commissioners, Counsel to the                        changes described in Items I, II and III                 In paragraph 6.1(e) of the Finance
                                                    Commissioners, the Secretary to the                     below, which Items have been primarily                Procedures, the daily deadline for a
                                                    Commission, and recording secretaries                   prepared by ICE Clear Europe. ICE Clear               Clearing Member to provide manual
                                                    will attend the closed meeting. Certain                 Europe filed the proposed rule changes                cash settlement instructions for same-
                                                    staff members who have an interest in                   pursuant to Section 19(b)(3)(A) of the                day USD payments has been extended
                                                    the matters also may be present.                        Act,3 and Rule 19b–4(f)(i) and (ii) 4                 from 16:00 to 16:45 (London time). ICE
                                                                                                            thereunder, so that the proposal was                  Clear Europe is making this change to
                                                       The General Counsel of the                           effective upon filing with the                        accommodate a request of Clearing
                                                    Commission, or her designee, has                        Commission. The Commission is                         Members, and does not believe it will
                                                    certified that, in her opinion, one or                  publishing this notice to solicit                     adversely affect the Clearing House’s
                                                    more of the exemptions set forth in 5                   comments on the proposed rule change                  treasury or other operations. In
                                                    U.S.C. 552b(c)(3), (5), (7), 9(B) and (10)              from interested persons.                              paragraph 6.1(i)(vii), a change has been
                                                    and 17 CFR 200.402(a)(3), (a)(5), (a)(7),                                                                     made to clarify that end-of-day or ad
                                                                                                            I. Self-Regulatory Organization’s                     hoc payments by a Clearing Member to
                                                    (a)(9)(ii) and (a)(10), permit
                                                                                                            Statement of the Terms of Substance of                the Clearing House may include, in
                                                    consideration of the scheduled matter at
                                                                                                            the Proposed Rule Change                              addition to other listed categories of
                                                    the closed meeting.
                                                                                                               The principal purpose of the changes               payments, transfers of Surplus
                                                       Chair White, as duty officer, voted to
                                                                                                            is to modify certain aspects of the ICE               Collateral.
                                                    consider the items listed for the closed                Clear Europe Finance Procedures.                         Amendments have been made to
                                                    meeting in closed session, and                                                                                paragraph 8.3 of the Finance
                                                    determined that no earlier notice thereof               II. Self-Regulatory Organization’s
                                                                                                                                                                  Procedures, which generally provides
                                                    was possible.                                           Statement of the Purpose of, and
                                                                                                                                                                  that the Clearing House will not
                                                                                                            Statutory Basis for, the Proposed Rule
                                                       The subject matter of the closed                                                                           recognize any value for non-cash
                                                                                                            Change
                                                    meeting will be:                                                                                              collateral (such as securities collateral)
                                                                                                               In its filing with the Commission, ICE             within a specified period prior to its
                                                      Institution and settlement of injunctive              Clear Europe included statements                      redemption or maturity. Under the
                                                    actions;                                                concerning the purpose of and basis for               existing rule, this period commences
                                                      Institution and settlement of administrative          the proposed rule change. The text of                 one business day prior to redemption or
                                                    proceedings;
                                                                                                            these statements may be examined at                   maturity. The amendments adopt a
                                                      Resolution of litigation claims; and
                                                                                                            the places specified in Item IV below.                different approach for UK government
                                                      Other matters relating to enforcement
                                                                                                            ICE Clear Europe has prepared                         bonds, for which the period will
                                                    proceedings.
                                                                                                            summaries, set forth in sections (A), (B),            commence seven business days prior to
                                                      At times, changes in Commission                       and (C) below, of the most significant                redemption or maturity. This approach
                                                    priorities require alterations in the                   aspects of such statements.                           is designed to reflect limitations
                                                    scheduling of meeting items.                            (A) Self-Regulatory Organization’s                    imposed by the relevant securities
                                                                                                            Statement of the Purpose of, and                      settlement system on the transfer of UK
                                                      For further information and to                                                                              government bonds during the seven
                                                    ascertain what, if any, matters have been               Statutory Basis for, the Proposed Rule
                                                                                                                                                                  business day period prior to redemption
                                                    added, deleted or postponed; please                     Change
                                                                                                                                                                  or maturity.
                                                    contact Brent J. Fields from the Office of              (a) Purpose                                              In paragraph 11.3(b), which addresses
                                                    the Secretary at (202) 551–5400.                                                                              procedures for transfer of non-cash
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                               The purpose of the amendments is to
                                                      Dated: November 23, 2016.                             modify certain aspects of the ICE Clear               permitted cover, an incorrect statement
                                                    Brent J. Fields,                                        Europe Finance Procedures. In                         that the Clearing House does not
                                                                                                            paragraph 2.1 of the Finance                          support cross-border or inter-settlement
                                                    Secretary.                                                                                                    facility settlements, bridge transactions
                                                    [FR Doc. 2016–28772 Filed 11–25–16; 11:15 am]                                                                 or similar transactions has been
                                                                                                              1 15 U.S.C. 78s(b)(1).
                                                    BILLING CODE 8011–01–P                                    2 17 CFR 240.19b–4.                                 removed. In paragraph 11.4, certain
                                                                                                              3 15 U.S.C. 78s(b)(3)(A).                           account details and matching deadlines
                                                                                                              4 17 CFR 240.19b–4(f)(i) and (ii).                  for particular securities transfer systems


                                               VerDate Sep<11>2014   17:48 Nov 28, 2016   Jkt 241001   PO 00000   Frm 00129   Fmt 4703   Sfmt 4703   E:\FR\FM\29NON1.SGM   29NON1



Document Created: 2016-11-29 00:32:51
Document Modified: 2016-11-29 00:32:51
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation81 FR 86048 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR