Federal Register - February 12, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 28 / Friday, February 12, 2021 / Notices
participate in the testing and review of its default procedures, including any close-out procedure, at least annually and following material changes thereto.
By amending the Default Management Procedures to document and formalize the procedures for convening the CDS
Default Committee remotely by teleconference, the proposed rule change would promote ICCs ability to efficiently and safely manage its closeout process when the CDS Default Committee cannot meet in person, which would help to ensure that ICC
has the authority and operational capacity to take timely action to contain losses and liquidity demands and continue to meet its obligations in the event of default. In addition, the Commission believes the proposed updates and clarification changes to the default notification procedures would ensure that ICCs relevant stakeholders stay informed throughout the default management process and enable them to provide responsive feedback that may also help ICC to take timely action to contain losses and liquidity demands while meeting its obligations. For these reasons, the Commission finds that the proposed rule change is consistent with Rule 17Ad22e13.14
IV. Conclusion On the basis of the foregoing, the Commission finds that the proposed rule change is consistent with the requirements of the Act, and in particular, with the requirements of Section 17Ab3F of the Act 15 and Rules 17Ad22e2i, e2v, and e13 thereunder.16
It is therefore ordered pursuant to Section 19b2 of the Act 17 that the proposed rule change SRICC2020
014 be, and hereby is, approved.18
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.19
J. Matthew DeLesDernier, Assistant Secretary.
FR Doc. 202102868 Filed 21121; 8:45 am BILLING CODE 801101P
14 17
CFR 240.17Ad22e13.
U.S.C. 78q1b3F.
16 17 CFR 240.17Ad22e2i, e2v, and e13.
17 15 U.S.C. 78sb2.
18 In approving the proposed rule change, the Commission considered the proposals impact on efficiency, competition, and capital formation. 15
U.S.C. 78cf.
19 17 CFR 200.303a12.
15 15
VerDate Sep<11>2014
17:27 Feb 11, 2021
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SECURITIES AND EXCHANGE
COMMISSION
SEC File No. 270104, OMB Control No.
32350119
Proposed Collection; Comment Request Upon Written Request Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
205492736.
Extension:
Rule 12g32
Notice is hereby given that, pursuant to the Paperwork Reduction Act of 1995
44 U.S.C. 3501 et seq., the Securities and Exchange Commission Commission is soliciting comments on the collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget for extension and approval.
Rule 12g32 17 CFR 240.12g32
under the Securities Exchange Act of 1934 the Exchange Act provides an exemption from Section 12g of the Exchange Act 15 U.S.C. 78lg for foreign private issuers. Rule 12g32 is designed to provide investors in foreign securities with information about such securities and the foreign issuer. The information filed under Rule 12g32
must be filed with the Commission and is publicly available. We estimate that it takes 8.95 hours per response to prepare and is filed by approximately 1,386
respondents. Each respondent files an estimated 12 times submissions pursuant to Rule 12g32 per year for a total of 16,632 respondents. We estimate that 25% of 8.95 hours per response 2.237 hours per response to provide the information required under Rule 12g32 for a total annual reporting burden of 37,206 hours 2.237 hours per response 16,632 responses.
Written comments are invited on: a Whether this proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility;
b the accuracy of the agencys estimate of the burden imposed by the collection of information; c ways to enhance the quality, utility, and clarity of the information collected; and d ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Consideration will be given to comments and suggestions submitted
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in writing within 60 days of this publication.
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number.
Please direct your written comment to David Bottom, Director/Chief Information Officer, Securities and Exchange Commission, c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: February 8, 2021.
J. Matthew DeLesDernier, Assistant Secretary.
FR Doc. 202102865 Filed 21121; 8:45 am BILLING CODE 801101P
SECURITIES AND EXCHANGE
COMMISSION
Release No. 3491078; File No. SR
CboeEDGX2021009
Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change Relating To Amend the Fee Schedule February 8, 2021.
Pursuant to Section 19b1 of the Securities Exchange Act of 1934 the Act,1 and Rule 19b4 thereunder,2
notice is hereby given that on February 1, 2021, Cboe EDGX Exchange, Inc. the Exchange or EDGX filed with the Securities and Exchange Commission the Commission the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.
I. Self-Regulatory Organizations Statement of the Terms of Substance of the Proposed Rule Change Cboe EDGX Exchange, Inc. the Exchange or EDGX is filing with the Securities and Exchange Commission Commission a proposed rule change to amend the fee schedule. The text of the proposed rule change is provided in Exhibit 5.
The text of the proposed rule change is also available on the Exchanges website http markets.cboe.com/us/
options/regulation/rule_filings/edgx/, at the Exchanges Office of the Secretary, and at the Commissions Public Reference Room.
1 15
2 17
E:FRFM12FEN1.SGM
U.S.C. 78sb1.
CFR 240.19b4.
12FEN1