Federal Register - February 10, 2021

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Source: Federal Register

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Federal Register / Vol. 86, No. 26 / Wednesday, February 10, 2021 / Notices
F. Disclosure DDR publishes a disclosure document to provide a summary of information regarding its service offerings and the SBS data it maintains.98 Specifically, the disclosure document sets forth a description of the following: i A
description of access to services offered and swap data maintained; ii criteria for those seeking to connect to or link with its SDR; iii criteria for those seeking to connect to or link with DDR
systems; iv policies and procedures with respect to DDR systems safeguards;
v policies and procedures related to privacy and confidentiality; vi policies and procedures regarding its noncommercial and commercial use of transaction data; 99 vii procedures for dispute resolution; viii fees, rates, dues and other charges; and ix governance arrangements.100
G. Regulatory Reporting and Public Dissemination As a registered SDR, DDR would carry out an important role in the regulatory reporting and public dissemination of SBS transactions. As noted above, DDR
has stated that it intends to rely on the no-action statement included in the ANE Adopting Release for the period set forth in the ANE Adopting Release with respect to any SBS asset class or classes for which it intends to accept transaction reports.101 Therefore, DDR
does not need to include materials in its application explaining how it would comply with the provisions of the SBS
Reporting Rules noted in the no-action statement.102 Instead, DDR may rely on 98 See
Disclosure Document, Ex. D6.
also Rulebook, Ex. HH, sec. 6.3 As part of the SDR Services, DDR receives and collects swap and security-based swap data in the ordinary course of its business from various Market Participants and registered entities for the purpose of maintaining a centralized recordkeeping facility for swaps and security-based swaps. The collection and maintenance of this data is designed to enhance the transparency, promote standardization and reduce systemic risk by making this data available to regulators and the public pursuant to Applicable Law. Therefore, access to data maintained by DDR
to Market Participants is generally prohibited, except to either counterparty to that particular swap or security-based swap, such counterpartys authorized third party service providers or other parties specifically authorized by the User or counterparty pursuant to Rule 1.3 or 6.4, or to other regulators or entities in accordance with Rule 6.5
below. DDR shall not, as a condition of the reporting of swap or security-based swap transaction data, require a Reporting Party to consent to the use of reported data for commercial or business purposes. DDR shall not make commercial use of real-time swap data prior to its public dissemination..
100 See id.
101 See supra note 25 and accompanying text.
102 However, the DDR application includes provisions explaining how DDR would require users to identify SBS, as required by Rule 901c1
99 See
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its discussion about how it complies with comparable CFTC requirements pertaining to regulatory reporting and public dissemination of swap transactions.
IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning DDRs Form SDR, including whether DDR has satisfied the requirements for registration as an SDR
and as a SIP. Commenters are requested, to the extent possible, to provide empirical data and other factual support for their views. Comments may be submitted by any of the following methods:
Electronic Comments Use the Commissions internet comment form http www.sec.gov/
rules/proposed.shtml; or Send an email to rule-comments@
sec.gov. Please include File Number SBSDR202001 on the subject line.
Paper Comments Send paper comments to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC
205491090. All submissions should refer to File Number SBSDR202001.
To help the Commission process and review your comments more efficiently, please use only one method of submission. The Commission will post all comments on the Commissions internet website http www.sec.gov/
rules/other.shtml.
Copies of the Form SDR, all subsequent amendments, all written statements with respect to the Form SDR that are filed with the Commission, and all written communications relating to the Form SDR 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 Commissions Public Reference Section, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10:00 a.m. and 3:00 p.m.
All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying of Regulation SBSR. See Exhibit HH2, sec. 4.4
regarding Unique Product Identifiers. The DDR
application also includes a provision explaining how DDR would comply with a condition to the noaction statement included in the ANE Adopting Release. See Exhibit GG2, sec. 15.2.3.2 providing, in the case of a credit security-based swap, for dissemination of a capped notional size of $5
million if the true notional size of the transaction is $5 million or greater.

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information from comment submissions.
You should submit only information that you wish to make available publicly. All submissions should refer to File Number SBSDR202001 and should be submitted on or before March 3, 2021.
By the Commission.
J. Matthew DeLesDernier, Assistant Secretary.
FR Doc. 202102755 Filed 2921; 8:45 am BILLING CODE 801101P

DEPARTMENT OF STATE
Public Notice: 11353

Notice of Public Meeting in Preparation for International Maritime Organization Meeting The Department of State will conduct a public meeting by way of teleconference on Thursday, March 11, 2021 starting at 1:00 p.m. eastern standard time. Members of the public may participate up to the capacity of the teleconference phone line, which will handle 500 participants. To access the teleconference line, participants should call 202 4754000 and use Participant Code: 138 541 34.
The primary purpose of the meeting is to prepare for the eighth session of the International Maritime Organizations IMO Sub-Committee on Pollution Prevention and Response PPR 8 to be held remotely on March 2226, 2021.
The agenda items to be considered include:
Adoption of the agenda Decisions of other IMO bodies Safety and pollution hazards of chemicals and preparation of consequential amendments to the IBC
Code Review of the 2011 Guidelines for the control and management of ships biofouling to minimize the transfer of invasive aquatic species Reduction of the impact on the Arctic of emissions of Black Carbon from international shipping Development of measures to reduce risks of use and carriage of heavy fuel oil as fuel by ships in Arctic waters Revision of MARPOL Annex IV and associated guidelines to introduce provisions for record-keeping and measures to confirm the lifetime performance of sewage treatment plants Follow-up work emanating from the Action Plan to address marine plastic litter from ships Biennial agenda and provisional agenda for PPR 9

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Federal Register - February 10, 2021

TitreFederal Register

PaysÉtats-Unis

Date10/02/2021

Page count155

Edition count7794

Première édition14/03/1936

Dernière édition12/06/2026

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