82 FR 19412 - Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change, Security-Based Swap Submission, or Advance Notice Relating to ICC's End-of-Day Price Discovery Policies and Procedures

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 80 (April 27, 2017)

Page Range		19412-19413
FR Document		2017-08466

Federal Register, Volume 82 Issue 80 (Thursday, April 27, 2017)

[Federal Register Volume 82, Number 80 (Thursday, April 27, 2017)]
[Notices]
[Pages 19412-19413]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08466]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-80506; File No. SR-ICC-2017-003]


Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of 
Designation of Longer Period for Commission Action on Proposed Rule 
Change, Security-Based Swap Submission, or Advance Notice Relating to 
ICC's End-of-Day Price Discovery Policies and Procedures

April 21, 2017.
    On February 16, 2017, ICE Clear Credit LLC (``ICC'') 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 (SR-ICC-2017-003) 
to amend ICC's End-of-Day Price Discovery Policies and Procedures to 
implement a new price submission process for Clearing Participants 
(``CP''). The proposed rule change was published for comment in the 
Federal Register on March 9, 2017.\3\ The Commission received no 
comments regarding the proposed changes.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 34-80150 (March 3, 
2017), 82 FR 13173 (March 9, 2017) (SR-ICC-2017-003) (``Notice'').
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    Section 19(b)(2) of the Act provides that within 45 days of the 
publication of the notice of the filing or 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.\4\ 
The 45th day from the publication of the Notice is April 23, 2017.
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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 proposes to revise its End of 
Day Price Discovery Policies and Procedures to implement a new Clearing 
Participant price submission process to remove the intermediary agent 
through which Clearing Participants currently submit required prices, 
and replace it with a process through which Clearing Participants 
submit prices directly to ICC. The Commission finds that it is 
appropriate to designate a longer period

[[Page 19413]]

within which to take action on the proposed rule change so that it has 
sufficient time to consider ICC's proposed rule change and the 
associated operational risks.
    Accordingly, the Commission, pursuant to Section 19(b)(2) of the 
Act, extends the period by which the Commission shall either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rule change (File No. SR-ICC-2017-003) to no 
later than June 7, 2017.

    For the Commission by the Division of Trading and Markets, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-08466 Filed 4-26-17; 8:45 am]
BILLING CODE 8011-01-P

19412 Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices

national securities exchange be • Send an email to rule-comments@ SECURITIES AND EXCHANGE
‘‘designed to prevent fraudulent and sec.gov. Please include File Number SR– COMMISSION
manipulative acts and practices’’ and NYSEArca–2017–06 on the subject line.
[Release No. 34–80506; File No. SR–ICC–
‘‘to protect investors and the public
Paper Comments 2017–003]
interest.’’ 34
IV. Procedure: Request for Written • Send paper comments in triplicate Self-Regulatory Organizations; ICE
Comments to Brent J. Fields, Secretary, Securities Clear Credit LLC; Notice of
and Exchange Commission, 100 F Street Designation of Longer Period for
The Commission requests that Commission Action on Proposed Rule
interested persons provide written NE., Washington, DC 20549–1090.
Change, Security-Based Swap
submissions of their views, data, and All submissions should refer to File Submission, or Advance Notice
arguments with respect to the issues Numbers SR–NYSEArca–2017–06. This Relating to ICC’s End-of-Day Price
identified above, as well as any other file number should be included on the Discovery Policies and Procedures
concerns they may have with the subject line if email is used. To help the
proposal, as modified by Amendment Commission process and review your April 21, 2017.
No. 1. In particular, the Commission comments more efficiently, please use On February 16, 2017, ICE Clear
invites the written views of interested Credit LLC (‘‘ICC’’) filed with the
only one method. The Commission will
persons concerning whether the Securities and Exchange Commission
post all comments on the Commission’s
proposal is consistent with Section (‘‘Commission’’), pursuant to Section
Internet Web site (http://www.sec.gov/
6(b)(5) or any other provision of the Act, 19(b)(1) of the Securities Exchange Act
or the rules and regulations thereunder. rules/sro.shtml). Copies of the
of 1934 (‘‘Act’’) 1 and Rule 19b–4
Although there do not appear to be any submission, all subsequent
thereunder,2 a proposed rule change
issues relevant to approval or amendments, all written statements
(SR–ICC–2017–003) to amend ICC’s
disapproval which would be facilitated with respect to the proposed rule End-of-Day Price Discovery Policies and
by an oral presentation of views, data, change that are filed with the Procedures to implement a new price
and arguments, the Commission will Commission, and all written submission process for Clearing
consider, pursuant to Rule 19b–4, any communications relating to the Participants (‘‘CP’’). The proposed rule
request for an opportunity to make an proposed rule change between the change was published for comment in
oral presentation.35 Commission and any person, other than the Federal Register on March 9, 2017.3
Interested persons are invited to those that may be withheld from the The Commission received no comments
submit written data, views, and public in accordance with the regarding the proposed changes.
arguments regarding whether the provisions of 5 U.S.C. 552, will be Section 19(b)(2) of the Act provides
proposal, as modified by Amendment available for Web site viewing and that within 45 days of the publication of
No. 1, should be approved or printing in the Commission’s Public the notice of the filing or a proposed
disapproved by May 18, 2017. Any Reference Room, 100 F Street NE., rule change, or within such longer
person who wishes to file a rebuttal to Washington, DC 20549, on official period up to 90 days as the Commission
any other person’s submission must file business days between the hours of may designate if it finds such longer
that rebuttal by June 1, 2017. The 10:00 a.m. and 3:00 p.m. Copies of these period to be appropriate and publishes
Commission asks that commenters filings also will be available for its reasons for so finding, or as to which
address the sufficiency of the inspection and copying at the principal the self-regulatory organization
Exchange’s statements in support of the consents, the Commission shall either
office of the Exchange. All comments
proposal and statements of approve the proposed rule change,
received will be posted without change;
commenters.36 In addition to any other disapprove the proposed rule change, or
comments commenters may wish to the Commission does not edit personal
identifying information from institute proceedings to determine
submit about the proposed rule change, whether the proposed rule change
the Commission invites commenters’ submissions. You should submit only
information that you wish to make should be disapproved.4 The 45th day
views concerning any features that from the publication of the Notice is
distinguish the Exchange’s proposal available publicly. All submissions
April 23, 2017.
from other proposals to list and trade should refer to File Number SR–
The Commission is extending the 45-
shares of commodity-trust ETPs. NYSEArca–2017–06 and should be day time period for Commission action
Comments may be submitted by any submitted on or before May 18, 2017. on the proposed rule change. ICC
of the following methods: Rebuttal comments should be submitted proposes to revise its End of Day Price
by June 1, 2017. Discovery Policies and Procedures to
Electronic Comments
For the Commission, by the Division of implement a new Clearing Participant
• Use the Commission’s Internet
Trading and Markets, pursuant to delegated price submission process to remove the
comment form (http://www.sec.gov/
authority.37 intermediary agent through which
rules/sro.shtml); or
Eduardo A. Aleman, Clearing Participants currently submit
34 15 U.S.C. 78f(b)(5). Assistant Secretary. required prices, and replace it with a
35 Section 19(b)(2) of the Act, as amended by the process through which Clearing
[FR Doc. 2017–08462 Filed 4–26–17; 8:45 am]
Securities Act Amendments of 1975, Public Law Participants submit prices directly to
BILLING CODE 8011–01–P
94–29 (June 4, 1975), grants the Commission ICC. The Commission finds that it is
mstockstill on DSK30JT082PROD with NOTICES

flexibility to determine what type of proceeding— appropriate to designate a longer period
either oral or notice and opportunity for written
comments—is appropriate for consideration of a
1 15 U.S.C. 78s(b)(1).
particular proposal by a self-regulatory
2 17 CFR 240.19b–4.
organization. See Securities Act Amendments of
1975, Senate Comm. on Banking, Housing & Urban 3 Securities Exchange Act Release No. 34–80150

Affairs, S. Rep. No. 75, 94th Cong., 1st Sess. 30 (March 3, 2017), 82 FR 13173 (March 9, 2017) (SR–
(1975). 37 17 CFR 200.30–3(a)(12) and 17 CFR 200.30– ICC–2017–003) (‘‘Notice’’).
36 See supra notes 6 & 7. 3(a)(57). 4 15 U.S.C. 78s(b)(2).

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Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices 19413

within which to take action on the Exchange filed Amendment No. 4 to the SECURITIES AND EXCHANGE
proposed rule change so that it has proposed rule change on April 19, COMMISSION
sufficient time to consider ICC’s 2017.5 The Commission has received no
[Release Nos. 33–10350; 34–80512; File No.
proposed rule change and the associated comment letters on the proposed rule 265–27]
operational risks. change.
Accordingly, the Commission, SEC Advisory Committee on Small and
Section 19(b)(2) of the Act 6 provides
pursuant to Section 19(b)(2) of the Act, Emerging Companies
extends the period by which the that within 45 days of the publication of
Commission shall either approve or notice of the filing of a proposed rule AGENCY: Securities and Exchange
disapprove, or institute proceedings to change, or within such longer period up Commission.
determine whether to disapprove, the to 90 days as the Commission may ACTION: Notice of meeting.
proposed rule change (File No. SR–ICC– designate if it finds such longer period
2017–003) to no later than June 7, 2017. to be appropriate and publishes its SUMMARY: The Securities and Exchange
reasons for so finding, or as to which the Commission Advisory Committee on
For the Commission by the Division of
Trading and Markets, pursuant to delegated self-regulatory organization consents, Small and Emerging Companies is
authority.5 the Commission shall either approve the providing notice that it will hold a
Eduardo A. Aleman, proposed rule change, disapprove the public meeting on Wednesday, May 10,
proposed rule change, or institute 2017, in Multi-Purpose Room LL–006 at
Assistant Secretary.
proceedings to determine whether the the Commission’s headquarters, 100 F
[FR Doc. 2017–08466 Filed 4–26–17; 8:45 am]
proposed rule change should be Street NE., Washington, DC. The
BILLING CODE 8011–01–P
disapproved. The 45th day after meeting will begin at 9:30 a.m. (EST)
publication of the notice for this and will be open to the public. The
proposed rule change is April 21, 2017. meeting will be webcast on the
SECURITIES AND EXCHANGE
The Commission is extending this 45- Commission’s Web site at www.sec.gov.
COMMISSION
day time period. Persons needing special
[Release No. 34–80505; File No. SR– accommodations to take part because of
BatsBZX–2017–14] The Commission finds it appropriate a disability should notify the contact
to designate a longer period within person listed below. The public is
Self-Regulatory Organizations; Bats which to take action on the proposed invited to submit written statements to
BZX Exchange, Inc.; Notice of rule change so that it has sufficient time the Committee. The agenda for the
Designation of a Longer Period for to consider this proposed rule change, meeting includes matters relating to
Commission Action on a Proposed as modified by Amendment Nos. 3 and rules and regulations affecting small and
Rule Change, as Modified by 4. Accordingly, the Commission, emerging companies under the federal
Amendment Nos. 3 and 4, To List and pursuant to Section 19(b)(2) of the Act,7 securities laws. Notice of this meeting is
Trade Shares of the Amplify designates June 5, 2017, as the date by less than fifteen days prior to the
YieldShares Oil Hedged MLP Fund, a meeting due to an administrative delay.
which the Commission shall either
Series of the Amplify ETF Trust, Under
approve or disapprove, or institute DATES: The public meeting will be held
BZX Rule 14.11(i), Managed Fund
proceedings to determine whether to on Wednesday, May 10, 2017. Written
Shares
disapprove, the proposed rule change statements should be received on or
April 21, 2017. (File No. SR–BatsBZX–2017–14), as before May 8, 2017.
On February 17, 2017, Bats BZX modified by Amendment Nos. 3 and 4. ADDRESSES: The meeting will be held at
Exchange, Inc. (‘‘BZX’’) filed with the For the Commission, by the Division of the Commission’s headquarters, 100 F
Securities and Exchange Commission Trading and Markets, pursuant to delegated Street NE., Washington, DC. Written
(‘‘Commission’’), pursuant to Section authority.8 statements may be submitted by any of
19(b)(1) of the Securities Exchange Act the following methods:
Eduardo A. Aleman,
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to Assistant Secretary. Electronic Statements
list and trade shares of the Amplify [FR Doc. 2017–08465 Filed 4–26–17; 8:45 am] • Use the Commission’s Internet
YieldShares Oil Hedged MLP Fund, a BILLING CODE 8011–01–P submission form (http://www.sec.gov/
series of the Amplify ETF Trust. The info/smallbus/acsec.shtml); or
proposed rule change was published for • Send an email message to rule-
comment in the Federal Register on comments@sec.gov. Please include File
March 7, 2017.3 On March 30, 2017, the Number 265–27 on the subject line; or
Exchange filed Amendment No. 2 to the
149689.pdf. Because Amendment No. 3 does not Paper Statements
proposed rule change, and on April 7, materially alter the substance of the proposed rule
2017, the Exchange filed Amendment change or raise unique or novel regulatory issues, • Send paper statements to Brent J.
No. 3 to the proposed rule change.4 The it is not subject to notice and comment. Fields, Federal Advisory Committee
5 Amendment No. 4, which partially amends the Management Officer, Securities and
5 17 CFR 200.30–3(a)(12). proposed rule change, as modified by Amendment Exchange Commission, 100 F Street NE.,
1 15 U.S.C. 78s(b)(1). No. 3, is available at https://www.sec.gov/ Washington, DC 20549–1090.
2 17 CFR 240.19b–4.
comments/sr-batsbzx-2017-14/batsbzx201714-
All submissions should refer to File No.
mstockstill on DSK30JT082PROD with NOTICES

3 See Securities Exchange Act Release No. 80136 1711101-150239.pdf. Because Amendment No. 4
(March 1, 2017), 82 FR 12860. does not materially alter the substance of the
265–27. This file number should be
4 The Exchange filed and withdrew Amendment
proposed rule change or raise unique or novel included on the subject line if email is
No. 1 on March 30, 2017 and subsequently filed regulatory issues, it is not subject to notice and used. To help us process and review
Amendment No. 2, which replaced the original comment. your statement more efficiently, please
filing in its entirety. Amendment No. 3, which
replaced the original filing in its entirety, is
6 15 U.S.C. 78s(b)(2). use only one method. The Commission
available at https://www.sec.gov/comments/sr-
7 Id. will post all statements on the Advisory
batsbzx-2017-14/batsbzx201714-1692102- 8 17 CFR 200.30–3(a)(31). Committee’s Web site (https://

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Document Created: 2017-04-27 01:39:47
Document Modified: 2017-04-27 01:39:47

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		82 FR 19412