83 FR 6078 - Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of 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 83, Issue 29 (February 12, 2018)
Federal Register Volume 83, Issue 29 (February 12, 2018)
| Page Range | 6078-6080 | |
| FR Document | 2018-02724 |
[Federal Register Volume 83, Number 29 (Monday, February 12, 2018)] [Notices] [Pages 6078-6080] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-02724] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-82641; File No. SR-ICC-2018-002] Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change, Security-Based Swap Submission, or Advance Notice Relating to ICC's End-of-Day Price Discovery Policies and Procedures February 6, 2018. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934,\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on January 26, 2018, ICE Clear Credit LLC (``ICC'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change, security-based swap submission, or advance notice as described in Items I, II, and III below, which items have been prepared primarily by ICC. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Clearing Agency's Statement of the Terms of Substance of the Proposed Rule Change The principal purpose of the proposed rule change is to make revisions to the ICC End-of-Day Price Discovery Policies and Procedures (``Pricing Policy'') related to the bid-offer width (``BOW'') methodology for Single Name instruments. These revisions do not require any changes to the ICC Clearing Rules. II. Clearing Agency's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, ICC included statements concerning the purpose of and basis for the proposed rule change, security-based swap submission, or advance notice and discussed any comments it received on the proposed rule change, security-based swap submission, or advance notice. The text of these statements may be examined at the places specified in Item IV below. ICC has prepared summaries, set forth in sections (A), (B), and (C) below, of the most significant aspects of these statements. (A) Clearing Agency's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change ICC proposes revising its Pricing Policy to enhance the methodology used to determine bid-offer widths for Single Name instruments. ICC believes the enhancement will facilitate the prompt and accurate clearance and settlement of securities transactions and derivative agreements, contracts, and transactions cleared by ICC. (a) Summary of Proposed Changes Each business day, ICC determines end-of-day (``EOD'') levels through its established price discovery process, based on EOD submissions from its Clearing Participants. ICC uses these levels for mark-to-market and risk management purposes. As part of its price discovery process, ICC determines BOWs for each clearing-eligible instrument. The BOWs are then used in ICC's price discovery process as inputs in the determination of EOD levels and Firm Trades. The current methodology for determining BOWs for CDS instruments referencing a given Single Name reference entity is based on observed intraday bid and offer spread-levels for the most actively traded instrument (``MATI'') across the term structure and cleared coupons. ICC begins with a spread-based consensus BOW derived from intraday quotes for the MATI. This consensus BOW is then multiplied by a ``scrape factor'' to reflect any differences between the BOWs provided in intraday quotes and BOWs achieved in the market. Once the consensus BOW is determined, ICC applies various factors to the consensus BOW to reflect differences in instrument liquidity at longer and shorter maturities, and at higher and lower coupons. Scaling across maturities is performed in spread terms, while scaling of BOWs across coupons is performed in price terms. The transformations from spread to price are achieved using the ISDA Standard Model. ICC is proposing to enhance the methodology for determining Single Name BOWs. The proposed enhancement eliminates the use of the ISDA Standard Model from the computation of Single Name BOWs.\3\ ICC established its current BOW methodology at a time when it accepted submissions to its EOD price discovery process in both spread and price terms, at the discretion of its Clearing Participants. Since that time, ICC has enhanced its EOD price discovery process to accept Single Name submissions only in price terms, eliminating the need for spread-based BOWs. The proposed enhancement also determines BOWs consistently across Single Names on all reference entities, including those for which only sparse intraday data is available. Further, the enhancement extends the application of price-based BOW floors from the 0/3 month, 6 month and 1 year benchmark-tenors to the entire set of benchmark-tenors from 0 month to 10 years. Finally, the proposed enhancement introduces a dynamic feature that can widen BOWs in response to the observed dispersion of price-space mid-levels submitted in the EOD price- discovery process. --------------------------------------------------------------------------- \3\ Note that the ISDA Standard Model is not used in ICC's methodology for determining BOWs for Index instruments, and that the proposed enhancements do not change ICC's methodology for determining BOWs for Index instrument. --------------------------------------------------------------------------- Under the proposed enhancement ICC will compute a consensus BOW, as described below, not only for the MATI as in the current methodology, but for each benchmark instrument. Rather than consensus BOWs being derived from intraday quotes, they will be computed as a price-based floor plus a relative BOW multiplied by the currently-observed level, where the currently-observed level is the average of price-space mid- levels submitted in the EOD price discovery process. The [[Page 6079]] Risk Management Department will determine relative BOWs and price-based floors in consultation with the Trading Advisory Committee (``TAC''). The relative BOWs will reflect observed variability in SN levels for MATIs. The price-based floors will reflect BOWs established for Indices representing baskets of the most distressed SNs. As stated above, ICC currently applies various factors to consensus BOWs to reflect differences in instrument liquidity at longer and shorter maturities, and at higher and lower coupons. Under the proposed enhancement, ICC will apply analogous factors to consensus BOWs. Specifically, to determine a systematic EOD BOW for each benchmark- instrument at the most-actively-traded coupon (``MATC''), ICC will apply tenor scaling-factors to the corresponding consensus BOWs. These tenor-scaling factors reflect the BOW of each tenor relative to the BOW of the most-actively-traded tenor. To determine the systematic EOD BOWs for each benchmark-instrument at other coupons, ICC will apply a combination of tenor scaling-factors and coupon scaling-factors to the corresponding consensus BOWs. The coupon scaling-factors reflect increased BOWs at coupons larger or smaller than the MATC. The tenor and coupon scaling factors will be set by the ICC Risk Management Department, in consultation with the TAC, to reflect ratios of observed variability in SN levels at the MATI and at a given tenor/coupon. As with the current methodology, once all applicable factors have been applied, ICC will then apply the appropriate Single Name variability factor,\4\ resulting in the final systematic BOWs. --------------------------------------------------------------------------- \4\ The Single Name variability factor is an existing feature of the system, used to widen Single Name BOWs in response to the variability of intraday quotes. See SR-ICC-2017-006. --------------------------------------------------------------------------- Under the proposed enhancement, ICC will determine the final EOD BOWs as the greater of an instrument's systematic BOW, and a dynamic BOW established for the instrument. The dynamic BOW is the dispersion of price-space mid-levels submitted to the EOD price-discovery process for the given instrument. ICC proposes revisions to the Governance section of the Pricing Policy to note that under the proposed approach, the responsibilities of the ICC Risk Management department include determining the price- based floors, relative BOWs, tenor scaling factors, and coupon scaling factors used to establish BOWs. ICC also proposes generalizing language to note that the ICC Risk Management department is responsible for ensuring that appropriate EOD levels are determined. ICC proposes to remove references to scrape factors, which under the current approach are applied to consensus BOWs determined from intraday quotes ``scraped'' from trader emails, but are not applicable under the proposed approach in which the determination of consensus BOWs does not involve ``scraped'' intraday quotes. ICC also proposes to add clarification that parameters used in the EOD price discovery process are established by the ICC Risk Management department in consultation with the TAC. ICC proposes a revision to note that under the proposed approach, the TAC will review and provide input on revisions to BOW price-based floors. ICC proposes to remove reference to the TAC's review of scrape factors, which are not applicable under the proposed approach. ICC proposes clarifying changes to the Pricing Policy. ICC proposes adding a clarifying footnote regarding ICC's use of the ISDA Standard Model. To improve clarity, ICC proposes to remove a sentence summarizing the inputs used by ICC to determine EOD BOWs for Single Name and index instruments, as these inputs are described in detail elsewhere in the document. ICC proposes a revision to note that trading desks at each self clearing member (``SCM'') are requested to copy ICC on the intraday quotes they provide market participants via email. ICC proposes removing outdated references regarding the computation of Single Name consensus BOWs. ICC proposes a revision to correct a typographical error by including the adjustment of trade levels to limit profit/loss impact (if required), in a list of ``cross-and-lock'' algorithm components. ICC proposes a clarifying edit to note that, for a given index, the EOD BOWs are computed based on the consensus BOW of the on-the-run instrument. ICC also proposes minor updates to the times of various end-of-day processes for different settlement windows, to reflect current practice. Finally, ICC proposes updates to section numbering and correction of a typographical error in a heading. (b) Statutory Basis Section 17A(b)(3)(F) of the Act \5\ requires, among other things, that the rules of a clearing agency be designed to protect investors and the public interest and to comply with the provisions of the Act and the rules and regulations thereunder. ICC believes that the proposed rule changes are consistent with the requirements of the Act and the rules and regulations thereunder applicable to ICC, in particular, to Section 17(A)(b)(3)(F),\6\ because ICC believes that the proposed rule changes will assure the prompt and accurate clearance and settlement of securities transactions, derivatives agreements, contracts, and transactions, as the proposed revisions allow for an enhanced methodology for determining Single Name BOWs, based on a function of the observed and submitted EOD levels. Following such changes, ICC will continue to maintain a robust EOD price discovery process, which includes the determination of EOD pricing levels and Firm Trade determinations. As such, the proposed changes are designed to promote the prompt and accurate clearance and settlement of securities transactions, derivatives agreements, contracts, and transactions within the meaning of Section 17A(b)(3)(F) \7\ of the Act. --------------------------------------------------------------------------- \5\ 15 U.S.C. 78q-1(b)(3)(F). \6\ Id. \7\ Id. --------------------------------------------------------------------------- (B) Clearing Agency's Statement on Burden on Competition ICC does not believe the proposed rule changes would have any impact, or impose any burden, on competition. The proposed changes to ICC's BOW methodology for Single Name instruments will apply uniformly across all market participants. Therefore, ICC does not believe the proposed rule changes impose any burden on competition that is inappropriate in furtherance of the purposes of the Act. (C) Clearing Agency's Statement on Comments on the Proposed Rule Change Written comments relating to the proposed rule change have not been solicited or received. ICC will notify the Commission of any written comments received by ICC. III. Date of Effectiveness of the Proposed Rule Change Within 45 days of the date of publication of this notice in the Federal Register or within such longer period up to 90 days (i) as the Commission may designate if it finds such longer period to be appropriate and publishes its reasons for so finding or (ii) as to which the self-regulatory organization consents, the Commission will: (A) By order approve or disapprove such proposed rule change, or (B) institute proceedings to determine whether the proposed rule change should be disapproved. [[Page 6080]] 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 CommentsUse 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-ICC-2018-002 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-ICC-2018-002. 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 (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change, security-based swap submission, or advance notice that are filed with the Commission, and all written communications relating to the proposed rule change, security-based swap submission, or advance notice 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 10:00 a.m. and 3:00 p.m. Copies of such filings will also be available for inspection and copying at the principal office of ICE Clear Credit and on ICE Clear Credit's website at https://www.theice.com/clear-credit/regulation. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-ICC-2018-002 and should be submitted on or before March 5, 2018. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\8\ --------------------------------------------------------------------------- \8\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018-02724 Filed 2-9-18; 8:45 am] BILLING CODE 8011-01-P
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amendments, all written statements publishing this notice to solicit cleared coupons. ICC begins with a
with respect to the proposed rule comments on the proposed rule change spread-based consensus BOW derived
change that are filed with the from interested persons. from intraday quotes for the MATI. This
Commission, and all written consensus BOW is then multiplied by a
I. Clearing Agency’s Statement of the
communications relating to the ‘‘scrape factor’’ to reflect any differences
Terms of Substance of the Proposed between the BOWs provided in intraday
proposed rule change between the
Commission and any person, other than Rule Change quotes and BOWs achieved in the
those that may be withheld from the The principal purpose of the market. Once the consensus BOW is
public in accordance with the proposed rule change is to make determined, ICC applies various factors
provisions of 5 U.S.C. 552, will be revisions to the ICC End-of-Day Price to the consensus BOW to reflect
available for website viewing and Discovery Policies and Procedures differences in instrument liquidity at
printing in the Commission’s Public (‘‘Pricing Policy’’) related to the bid- longer and shorter maturities, and at
Reference Room, 100 F Street NE, offer width (‘‘BOW’’) methodology for higher and lower coupons. Scaling
Washington, DC 20549, on official Single Name instruments. These across maturities is performed in spread
business days between the hours of revisions do not require any changes to terms, while scaling of BOWs across
10:00 a.m. and 3:00 p.m. Copies of the the ICC Clearing Rules. coupons is performed in price terms.
filing also will be available for The transformations from spread to
II. Clearing Agency’s Statement of the
inspection and copying at the principal price are achieved using the ISDA
Purpose of, and Statutory Basis for, the
office of the Exchange. All comments Standard Model.
Proposed Rule Change ICC is proposing to enhance the
received will be posted without change.
Persons submitting comments are In its filing with the Commission, ICC methodology for determining Single
cautioned that we do not redact or edit included statements concerning the Name BOWs. The proposed
personal identifying information from purpose of and basis for the proposed enhancement eliminates the use of the
comment submissions. You should rule change, security-based swap ISDA Standard Model from the
submit only information that you wish submission, or advance notice and computation of Single Name BOWs.3
to make available publicly. All discussed any comments it received on ICC established its current BOW
submissions should refer to File the proposed rule change, security- methodology at a time when it accepted
Number SR–NYSE–2018–07, and based swap submission, or advance submissions to its EOD price discovery
should be submitted on or before March notice. The text of these statements may process in both spread and price terms,
5, 2018. be examined at the places specified in at the discretion of its Clearing
For the Commission, by the Division of Item IV below. ICC has prepared Participants. Since that time, ICC has
Trading and Markets, pursuant to delegated summaries, set forth in sections (A), (B), enhanced its EOD price discovery
authority.14 and (C) below, of the most significant process to accept Single Name
Eduardo A. Aleman, aspects of these statements. submissions only in price terms,
Assistant Secretary. eliminating the need for spread-based
(A) Clearing Agency’s Statement of the BOWs. The proposed enhancement also
[FR Doc. 2018–02723 Filed 2–9–18; 8:45 am] Purpose of, and Statutory Basis for, the determines BOWs consistently across
BILLING CODE 8011–01–P Proposed Rule Change Single Names on all reference entities,
ICC proposes revising its Pricing including those for which only sparse
SECURITIES AND EXCHANGE Policy to enhance the methodology used intraday data is available. Further, the
COMMISSION to determine bid-offer widths for Single enhancement extends the application of
Name instruments. ICC believes the price-based BOW floors from the 0/3
[Release No. 34–82641; File No. SR–ICC– enhancement will facilitate the prompt month, 6 month and 1 year benchmark-
2018–002] and accurate clearance and settlement of tenors to the entire set of benchmark-
securities transactions and derivative tenors from 0 month to 10 years.
Self-Regulatory Organizations; ICE
agreements, contracts, and transactions Finally, the proposed enhancement
Clear Credit LLC; Notice of Filing of
cleared by ICC. introduces a dynamic feature that can
Proposed Rule Change, Security-
widen BOWs in response to the
Based Swap Submission, or Advance (a) Summary of Proposed Changes
observed dispersion of price-space mid-
Notice Relating to ICC’s End-of-Day Each business day, ICC determines levels submitted in the EOD price-
Price Discovery Policies and end-of-day (‘‘EOD’’) levels through its discovery process.
Procedures established price discovery process, Under the proposed enhancement ICC
February 6, 2018. based on EOD submissions from its will compute a consensus BOW, as
Pursuant to Section 19(b)(1) of the Clearing Participants. ICC uses these described below, not only for the MATI
Securities Exchange Act of 1934,1 and levels for mark-to-market and risk as in the current methodology, but for
Rule 19b–4 thereunder,2 notice is management purposes. As part of its each benchmark instrument. Rather
hereby given that on January 26, 2018, price discovery process, ICC determines than consensus BOWs being derived
ICE Clear Credit LLC (‘‘ICC’’) filed with BOWs for each clearing-eligible from intraday quotes, they will be
the Securities and Exchange instrument. The BOWs are then used in computed as a price-based floor plus a
Commission (‘‘Commission’’) the ICC’s price discovery process as inputs relative BOW multiplied by the
proposed rule change, security-based in the determination of EOD levels and currently-observed level, where the
swap submission, or advance notice as Firm Trades. currently-observed level is the average
daltland on DSKBBV9HB2PROD with NOTICES
described in Items I, II, and III below, The current methodology for of price-space mid-levels submitted in
which items have been prepared determining BOWs for CDS instruments the EOD price discovery process. The
primarily by ICC. The Commission is referencing a given Single Name
reference entity is based on observed 3 Note that the ISDA Standard Model is not used
intraday bid and offer spread-levels for in ICC’s methodology for determining BOWs for
14 17 CFR 200.30–3(a)(12). Index instruments, and that the proposed
1 15 U.S.C. 78s(b)(1). the most actively traded instrument enhancements do not change ICC’s methodology for
2 17 CFR 240.19b–4. (‘‘MATI’’) across the term structure and determining BOWs for Index instrument.
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![6080 Federal Register / Vol. 83, No. 29 / Monday, February 12, 2018 / Notices
IV. Solicitation of Comments For the Commission, by the Division of Dated: February 5, 2018.
Trading and Markets, pursuant to delegated Donald M. Benton,
Interested persons are invited to authority.8 Director.
submit written data, views, and Eduardo A. Aleman,
arguments concerning the foregoing, [FR Doc. 2018–02762 Filed 2–9–18; 8:45 am]
Assistant Secretary.
including whether the proposed rule BILLING CODE 8015–01–P
[FR Doc. 2018–02724 Filed 2–9–18; 8:45 am]
change is consistent with the Act.
BILLING CODE 8011–01–P
Comments may be submitted by any of
the following methods: DEPARTMENT OF STATE
Electronic Comments [Public Notice: 10259]
SELECTIVE SERVICE SYSTEM
• Use the Commission’s internet 60-Day Notice of Proposed Information
comment form (http://www.sec.gov/ Forms Submitted to the Office of Collection: Grant Request Automated
rules/sro.shtml); or Management and Budget for Extension Submissions Program (GRASP)
• Send an email to rule-comments@ of Clearance
sec.gov. Please include File Number SR– Notice of request for public
ACTION:
ICC–2018–002 on the subject line. AGENCY: Selective Service System. comment.
ACTION: Notice.
Paper Comments SUMMARY: The Department of State is
The following form has been seeking Office of Management and
Send paper comments in triplicate to
submitted to the Office of Management Budget (OMB) approval for the
Secretary, Securities and Exchange
and Budget (OMB) for extension of information collection described below.
Commission, 100 F Street NE,
clearance with change in compliance In accordance with the Paperwork
Washington, DC 20549–1090.
with the Paperwork Reduction Act (44 Reduction Act of 1995, we are
All submissions should refer to File U.S.C. Chapter 35): requesting comments on this collection
Number SR–ICC–2018–002. This file from all interested individuals and
number should be included on the SSS Form 1 organizations. The purpose of this
subject line if email is used. To help the Title: The Selective Service System notice is to allow 60 days for public
Commission process and review your Registration Form. comment preceding submission of the
comments more efficiently, please use Purpose: Is used to register men and collection to OMB.
only one method. The Commission will establish a data base for use in DATES: The Department will accept
post all comments on the Commission’s identifying manpower to the military comments from the public up to April
internet website (http://www.sec.gov/ services during a national emergency. 13, 2018.
rules/sro.shtml). Copies of the Respondents: All 18-year-old males ADDRESSES:
submission, all subsequent who are United States citizens and those You may submit comments by any of
amendments, all written statements male immigrants residing in the United the following methods:
with respect to the proposed rule States at the time of their 18th birthday • Web: Persons with access to the
change, security-based swap are required to register with the internet may comment on this notice by
submission, or advance notice that are Selective Service System. going to www.Regulations.gov. You can
filed with the Commission, and all Frequency: Registration with the search for the document by entering
written communications relating to the Selective Service System is a one-time ‘‘Docket Number: DOS–2018–0001’’ in
proposed rule change, security-based occurrence. the Search field. Then click the
swap submission, or advance notice Burden: A burden of two minutes or ‘‘Comment Now’’ button and complete
between the Commission and any less on the individual respondent. the comment form.
person, other than those that may be Change: Collecting email addresses • Email: Shearertp@state.gov.
withheld from the public in accordance from respondents. • Regular Mail: Send written
with the provisions of 5 U.S.C. 552, will Copies of the above identified form comments to: Thomas P. Shearer, Office
be available for website viewing and can be obtained upon written request to of Overseas Schools, U.S. Department of
printing in the Commission’s Public the Selective Service System, State, Room H328, 2301 C Street NW,
Reference Room, 100 F Street NE, Operations Directorate, 1515 Wilson Washington, DC 20522–0132.
Washington, DC 20549, on official Boulevard, Arlington, Virginia 22209– • Fax: 202–261–8224.
business days between the hours of 2425. • Hand Delivery or Courier: Thomas
10:00 a.m. and 3:00 p.m. Copies of such Written comments and P. Shearer, Office of Overseas Schools,
filings will also be available for recommendations for the proposed U.S. Department of State, Room H328,
inspection and copying at the principal extension of clearance with change of 2401 E Street NW, Washington, DC
office of ICE Clear Credit and on ICE the form should be sent within 30 days 20037.
Clear Credit’s website at https:// of the publication of this notice to the You must include the DS form
www.theice.com/clear-credit/regulation. Selective Service System, Operations number (if applicable), information
All comments received will be posted Directorate, 1515 Wilson Boulevard, collection title, and the OMB control
without change. Persons submitting Arlington, Virginia 22209–2425. number in any correspondence.
comments are cautioned that we do not A copy of the comments should be FOR FURTHER INFORMATION CONTACT:
redact or edit personal identifying sent to the Office of Information and Direct requests for additional
daltland on DSKBBV9HB2PROD with NOTICES
information from comment submissions. Regulatory Affairs, Attention: Desk information regarding the collection
You should submit only information Officer, Selective Service System, Office listed in this notice, including requests
that you wish to make available of Management and Budget, New for copies of the proposed collection
publicly. All submissions should refer Executive Office Building, Room 3235, instrument and supporting documents,
to File Number SR–ICC–2018–002 and Washington, DC 20503. to Thomas P. Shearer, Office of Overseas
should be submitted on or before March Schools, U.S. Department of State,
5, 2018. 8 17 CFR 200.30–3(a)(12). Room H328, 2301 C Street NW,
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Document Created: 2018-11-01 08:42:31
Document Modified: 2018-11-01 08:42:31
| 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 | 83 FR 6078 |
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