[Federal Register Volume 80, Number 107 (Thursday, June 4, 2015)]
[Notices]
[Pages 31944-31945]
[FR Doc No: 2015-13611]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75068; File No. SR-ICC-2015-007]

Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of
Filing of Amendment No. 1 and Order Granting Accelerated Approval of
Proposed Rule Change, as Modified by Amendment No. 1, To Provide for
the Clearance of an Additional Western European Sovereign Single Name
Credit Default Swap Contract

May 29, 2015.

I. Introduction

    On April 7, 2015, ICE Clear Credit LLC (``ICC'') filed with the
Securities and Exchange Commission (``Commission'') the proposed rule
change SR-ICC-2015-007 pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder.\2\ The
proposed rule change was published for comment in the Federal Register
on April 15, 2015.\3\ The Commission did not receive comments on the
proposed rule change. On May 27, 2015, ICC filed Amendment No. 1 to the
proposed rule change.\4\ The Commission is publishing this notice to
solicit comments on Amendment No. 1 from interested persons and is
approving the proposed rule change, as modified by Amendment No. 1, on
an accelerated basis.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 34-74687 (Apr. 9, 2015),
80 FR 20278 (Apr. 15, 2015) (File No. SR-ICC-2015-007) (hereinafter
referred to as the ``Initial Rule Filing'').
    \4\ ICC filed Amendment No. 1 to remove the Republic of Finland,
the Kingdom of Sweden, and the Kingdom of Denmark from the proposed
list of contracts to be cleared and to remove proposed changes to
the ICC Risk Management Framework from the proposed rule change, as
further described below.
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II. Description of the Proposed Rule Change

A. Description of the Initial Rule Filing

    In the Initial Rule Filing, ICC proposed changes to its Clearing
Rules (``Rules'') to provide the basis for ICC to clear additional
Standard Western European Sovereign credit default swap (``CDS'')
contracts (collectively, ``SWES Contracts''). ICC currently clears six
SWES Contracts: the Republic of Ireland, the Italian Republic, the
Portuguese Republic, the Kingdom of Spain, the Kingdom of Belgium, and
the Republic of Austria. The proposed changes to the ICC Rules would
have provided for the clearance of additional SWES Contracts
referencing the Kingdom of the Netherlands, the Republic of Finland,
the Kingdom of Sweden, and the Kingdom of Denmark using either the 2003
or the 2014 ISDA Credit Derivatives Definitions. These additional SWES
Contracts have terms consistent with the six SWES Contracts approved
for clearing at ICC and governed by Subchapter 26I of the ICC Rules.
Specifically, ICC proposed to revise Rule 26I-102 to include the
Kingdom of the Netherlands, the Republic of Finland, the Kingdom of
Sweden, and the Kingdom of Denmark in the list of specific Eligible
SWES Reference Entities to be cleared by ICC.
    Additionally, ICC proposed changes to its Risk Management Framework
in connection with the General Wrong Way Risk (``GWWR'') methodology
related to the clearance of additional SWES Contracts. The proposed
changes to the ICC Risk Management Framework would have extended the
GWWR framework to the portfolio level. ICC's risk methodology does not
currently incorporate a Clearing Participant-level cumulative GWWR
requirement in the Jump-to-Default calculations. Currently, the
uncollateralized wrong-way risk (``WWR'') exposure of a particular Risk
Factor needs to exceed its corresponding WWR threshold in order to
trigger WWR collateralization. In the Initial Rule Filing, ICC proposed
to introduce an enhancement to this calculation to account for the
potential accumulation of portfolio WWR through Risk Factor specific
WWR exposures. Under the proposed approach, if the cumulative
uncollateralized exposure exceeded a pre-determined portfolio GWWR
threshold, the amount above the threshold would be collateralized.

B. Description of Amendment No. 1

    On May 27, 2015, ICC filed Amendment No. 1 to the proposed rule
change. The purpose of the amendment was to remove the Republic of
Finland, the Kingdom of Sweden, and the Kingdom of Denmark from the
proposed list of additional SWES Contracts to be cleared. Additionally,
Amendment No. 1 removed from the proposed rule change the proposed
revisions to the ICC Risk Management Framework related to the GWWR
methodology submitted in the Initial Rule Filing. Accordingly, the
proposed rule change, as amended, seeks approval only to revise Rule
26I-102 to provide for the clearing of one additional SWES Contract,
specifically the Kingdom of the Netherlands.

III. Discussion and Commission Findings

    Section 19(b)(2)(C) of the Act \5\ directs the Commission to
approve a proposed rule change of a self-regulatory organization if the
Commission finds that such proposed rule change is consistent with the
requirements of the Act and the rules and regulations thereunder
applicable to such self-regulatory organization. Section 17A(b)(3)(F)
of the Act \6\ requires, among other things, that the rules of a
clearing agency are designed to promote the prompt and accurate
clearance and settlement of securities transactions and, to the extent
applicable, derivative agreements, contracts, and transactions, to
assure the safeguarding of securities and funds which are in the
custody or control of the clearing agency or for which it is
responsible and, in general, to protect investors and the public
interest.
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    \5\ 15 U.S.C. 78s(b)(2)(C).
    \6\ 15 U.S.C. 78q-1(b)(3)(F).
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    The Commission finds that the proposed rule change is consistent
with the requirements of Section 17A of the Act \7\ and the rules and
regulations thereunder applicable to ICC. The proposed rule change, as
amended, will provide for the clearing of an additional SWES Contract
referencing the Kingdom of the Netherlands, which is similar to the
other SWES Contracts currently cleared by ICC, using ICC's existing
clearing arrangements and related financial safeguards, protections and
risk management procedures. The Commission therefore finds that the
proposed rule change is designed to promote the prompt and accurate
clearance and settlement of securities transactions and, to the extent
applicable, derivative agreements, contracts, and transactions, and to
assure the safeguarding of securities and funds which are in the
custody or control of the clearing agency or for which it is
responsible.
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    \7\ 15 U.S.C. 78q-1.
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IV. Accelerated Approval of Proposed Rule Change as Modified by
Amendment No. 1

    As discussed above, ICC submitted Amendment No. 1 to the proposed
rule change to remove the Republic of Finland, the Kingdom of Sweden,
and the Kingdom of Denmark from the proposed list of contracts to be
cleared and to remove proposed changes to the ICC Risk Management
Framework related to its GWWR methodology from the proposed rule
change. The Commission believes that the modification by Amendment No.
1 to

the Initial Rule Filing is consistent with the safeguarding of
securities and funds in the custody or control of ICC or for which it
is responsible, and the protection of investors and the public
interest, within the meaning of Section 17A(b)(3)(F) of the Act.\8\
Accordingly, the Commission finds good cause, pursuant to Section
19(b)(2)(C)(iii) of the Act,\9\ to approve the proposed rule change, as
modified by Amendment No. 1, prior to the thirtieth day after the date
of publication of notice of Amendment No. 1 in the Federal Register.
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    \8\ 15 U.S.C. 78q-1(b)(3)(F).
    \9\ 15 U.S.C. 78s(b)(2)(C)(iii).
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V. Solicitation of Comments

    Interested persons are invited to submit written data, views and
arguments concerning the foregoing, including whether Amendment No. 1
is consistent with the Act. Comments may be submitted by any of the
following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml), or
     Send an email to<EMAIL_ADDRESS>Please include
File No. SR-ICC-2015-007 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-2015-007. 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 Web site (http://www.sec.gov/rules/sro.shtml). Copies of the submission, all subsequent amendments, all
written statements with respect to the proposed rule change that are
filed with the Commission, and all written communications relating to
the proposed rule change 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 Web site 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 filing also will be available
for inspection and copying at the principal office of ICC and on ICC's
Web site at https://www.theice.com/clear-credit/regulation.
    All comments received will be posted without change; the Commission
does not edit personal identifying information from submissions. You
should submit only information that you wish to make available
publicly. All submissions should refer to File Number SR-ICC-2015-007
and should be submitted on or before June 25, 2015.

VI. 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 17A of the Act \10\ and
the rules and regulations thereunder.
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    \10\ 15 U.S.C. 78q-1.
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    It is therefore ordered, pursuant to Section 19(b)(2) of the
Act,\11\ that the proposed rule change (SR-ICC-2015-007), as modified
by Amendment No. 1, be, and hereby is, approved on an accelerated
basis.\12\
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    \11\ 15 U.S.C. 78s(b)(2).
    \12\ In approving the proposed rule change, the Commission
considered the proposed rule change's impact on efficiency,
competition and capital formation. 15 U.S.C. 78c(f).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\13\
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    \13\ 17 CFR 200.30-3(a)(12).
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Brent J. Fields,
Secretary.
[FR Doc. 2015-13611 Filed 6-3-15; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register: July 20, 2010 (Volume 75, Number 138)]
[Rules and Regulations]
[Page 41985-41986]
[DOCID:fr20jy10-5]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2010-0400; Airspace Docket No. 10-ACE-3]

Establishment of Class E Airspace; Syracuse, KS

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule.

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SUMMARY: This action establishes Class E airspace for Syracuse, KS, to
accommodate Area Navigation (RNAV) Standard Instrument Approach
Procedures (SIAPs) at Syracuse-Hamilton County Municipal Airport. The
FAA is taking this action to enhance the safety and management of
Instrument Flight Rule (IFR) operations at the airport.

DATES: Effective Date: 0901 UTC, September 23, 2010. The Director of
the Federal Register approves this incorporation by reference action
under 1 CFR part 51, subject to the annual revision of FAA Order 7400.9
and publication of conforming amendments.

FOR FURTHER INFORMATION CONTACT: Scott Enander, Central Service Center,
Operations Support Group, Federal Aviation Administration, Southwest
Region, 2601 Meacham Blvd., Fort Worth, TX 76137; telephone (817) 321-
7716.

SUPPLEMENTARY INFORMATION:

History

    On April 27, 2010, the FAA published in the Federal Register a
notice of proposed rulemaking to establish Class E airspace for
Syracuse, KS, creating controlled airspace at Syracuse-Hamilton County
Municipal Airport (75 FR 22045) Docket No. FAA-2010-0400. Interested
parties were invited to participate in this rulemaking effort by
submitting written comments on the proposal to the FAA. No comments
were received. Class E airspace designations are published in paragraph
6005 of FAA Order 7400.9T signed August 27, 2009, and effective
September 15, 2009, which is incorporated by reference in 14 CFR Part
71.1. The Class E airspace designations listed in this document will be
published subsequently in the Order.

The Rule

    This action amends Title 14 Code of Federal Regulations (14 CFR)
Part 71 by establishing Class E airspace extending upward from 700 feet
above the surface to accommodate SIAPs at Syracuse-Hamilton County
Municipal Airport, Syracuse, KS. This action is necessary for the
safety and management of IFR operations at the airport.
    The FAA has determined that this regulation only involves an
established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current.
Therefore, this regulation: (1) Is not a ``significant regulatory
action'' under Executive Order 12866; (2) is not a ``significant rule''
under DOT Regulatory Policies and Procedures (44 FR 11034; February 26,
1979); and (3) does not warrant preparation of a regulatory evaluation
as the anticipated impact is so minimal. Since this is a routine matter
that will only affect air traffic procedures and air navigation, it is
certified that this rule, when promulgated, will not have a significant
economic impact on a substantial number of small entities under the
criteria of the Regulatory Flexibility Act.
    The FAA's authority to issue rules regarding aviation safety is
found in Title 49 of the U.S. Code. Subtitle 1, Section 106, describes
the authority of the FAA Administrator. Subtitle VII, Aviation
Programs, describes in more detail the scope of the agency's authority.
This rulemaking is promulgated under the authority described in
Subtitle VII, Part A, Subpart I, Section 40103. Under that section, the
FAA is charged with prescribing regulations to assign the use of
airspace necessary to ensure the safety of aircraft and the efficient
use of airspace. This regulation is within the scope of that authority
as it establishes controlled airspace at Syracuse-Hamilton County
Municipal Airport, Syracuse, KS.

List of Subjects in 14 CFR Part 71

    Airspace, Incorporation by reference, Navigation (air).

Adoption of the Amendment

0
In consideration of the foregoing, the Federal Aviation Administration
amends 14 CFR Part 71 as follows:

PART 71--DESIGNATION OF CLASS A, B, C, D, AND E AIRSPACE AREAS; AIR
TRAFFIC SERVICE ROUTES; AND REPORTING POINTS

0
1. The authority citation for 14 CFR Part 71 continues to read as
follows:

    Authority: 49 U.S.C. 106(g), 40103, 40113, 40120; E. O. 10854,
24 FR 9565, 3 CFR, 1959-1963 Comp., p. 389.

Sec.  71.1  [Amended]

0
2. The incorporation by reference in 14 CFR Part 71.1 of the Federal
Aviation Administration Order 7400.9T, Airspace Designations and
Reporting Points, signed August 27, 2009, and effective September 15,
2009 is amended as follows:

Paragraph 6005 Class E airspace areas extending upward from 700
feet or more above the surface.

* * * * *

ACE KS E5 Syracuse, KS [New]

Syracuse-Hamilton County Municipal Airport, KS
    (Lat. 37[deg]59'30'' N., long. 101[deg]44'47'' W.)

    That airspace extending upward from 700 feet above the surface
within a 7.3-mile radius of Syracuse-Hamilton County Municipal
Airport.

    Issued in Fort Worth, Texas, on July 1, 2010.
Anthony D. Roetzel,
Manager, Operations Support Group, ATO Central Service Center.
[FR Doc. 2010-17510 Filed 7-19-10; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 87, Number 127 (Tuesday, July 5, 2022)]
[Notices]
[Pages 39898-39899]
[FR Doc No: 2022-14240]

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DEPARTMENT OF TRANSPORTATION

National Highway Traffic Safety Administration

[Docket No. NHTSA-2022-0047]

Model Minimum Uniform Crash Criteria (MMUCC) Committee

AGENCY: National Highway Traffic Safety Administration (NHTSA),
Department of the Transportation (DOT).

ACTION: Notice of the creation of the MMUCC Committee.

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SUMMARY: NHTSA has led the development of the Model Minimum Uniform
Crash Criteria (MMUCC) since the first edition was published in 1998.
NHTSA announces that it will form a MMUCC Committee to inform the
development and revision of the MMUCC Guideline, sixth edition. The
MMUCC Committee's objectives are: (1) to exchange views, information,
and advice to further refine the collection of motor vehicle crash data
and (2) to exchange views, information, and advice on institutional
barriers preventing MMUCC implementation.

ADDRESSES: You may submit comments bearing the Federal Docket
Management System Docket ID NHTSA-2022-0047 using any of the following
methods:
     Federal rulemaking Portal: Go to https://www.regulations.gov. Follow the online instructions for submitting
comments.
     Mail: Send comments to: Docket Management Facility, U.S.
Department of Transportation, 1200 New Jersey Avenue SE, West Building,
Room W12-140, Washington, DC 20590.
     Fax: Written comments may be faxed to<PHONE_NUMBER>.
     Hand Delivery: If you plan to submit written comments by
hand or courier, please do so at 1200 New Jersey Avenue SE, West
Building Ground Floor, Room W12-140, Washington, DC, between 9 a.m. and
5 p.m. Eastern Time, Monday through Friday, except Federal holidays.
    Please submit all comments to the Docket by September 6, 2022.
    Whichever way you submit your comments, please remember to mention
the agency and the docket number of this document within your
correspondence. Please note that all comments received will be posted
without change to https://www.regulations.gov, including any personal
information provided. Please see the ``Privacy Act'' heading below.
    Privacy Act: Anyone can search the electronic form of all comments
received into any of our dockets by the name of the individual
submitting the comments (or signing the comments, if submitted on
behalf of an association, business, labor union, etc.). You may review
DOT's complete Privacy Act statement in the Federal Register published
on April 11, 2000 (65 FR 19477-78) or you may visit https://DocketInfo.dot.gov.

FOR FURTHER INFORMATION CONTACT: For information, please contact John
Siegler, National Center for Statistics and Analysis, NHTSA (telephone:
202-366-1268 or email: [email protected]).

SUPPLEMENTARY INFORMATION: The MMUCC Guideline identifies a voluntary,
minimum set of motor vehicle crash data elements and their set of
attributes that States can consider collecting and including on their
law enforcement traffic crash report forms and in their electronic
crash data systems. MMUCC promotes data uniformity within the highway
safety community by creating a common foundation for State crash data
systems to provide the information necessary to improve highway safety.
Crash data is used to identify problems, determine highway safety
messages and strategic communication campaigns, optimize the location
of selective law enforcement, inform decision-makers of needed highway
safety legislation, and evaluate the impact of highway safety
countermeasures. NHTSA first published MMUCC with the Governors Highway
Safety Association, Federal Highway Administration, Federal Motor
Carrier Safety Administration, State and industry partners in 1998. The
Guideline has been regularly updated to address emerging highway safety
issues, with the most recent 5th Edition published in 2017.
    While MMUCC is a voluntary Guideline for States, the crash data
that NHTSA obtains from the States feeds both the Fatality Analysis
Reporting System (FARS) and the Crash Report Sampling System (CRSS),
which are essential to traffic safety research by NHTSA as well as by
other agencies. Therefore, it is critical that the recommended MMUCC
data elements be designed with clarity, purpose, and efficiency.
    The MMUCC Committee will be comprised of employees of State, Local,
or Tribal governments acting in their official capacity that
collectively will represent government agencies that are stakeholders
in the collection, management, and analysis of crash data. These
employees will include law enforcement officers, data analysts, IT
database administrators or managers, traffic records coordinating
committee members, governors' representatives for highway safety, and
Federal liaisons. The MMUCC Committee will exist until NHTSA determines
that it has fulfilled its mission, and Committee members will serve
until they resign or are replaced by NHTSA.
    The intent of the MMUCC Committee will be for NHTSA to obtain
information or viewpoints specific to the expertise of the Committee
members on changes to the MMUCC Guideline. While MMUCC is a voluntary
guideline for States, it is fundamental for NHTSA's crash data programs
and, therefore, important that MMUCC data elements and attributes agree
with CRSS and FARS. NHTSA, in consultation with this Committee, intends
to produce the next edition of the MMUCC Guideline.
    Issued in Washington, DC, on July 5, 2022 under authority delegated
in 49 CFR part 1.95.

Chou-Lin Chen,
Associate Administrator, National Center for Statistics and Analysis.
[FR Doc. 2022-14240 Filed 7-1-22; 8:45 am]
BILLING CODE 4910-59-P


[Federal Register Volume 86, Number 203 (Monday, October 25, 2021)]
[Notices]
[Page 58905]
[FR Doc No: 2021-23219]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings

    Take notice that the Commission has received the following Natural
Gas Pipeline Rate and Refund Report filings:

Filings Instituting Proceedings

    Docket Numbers: RP21-1178-001.
    Applicants: Northern Natural Gas Company.
    Description: Northern Natural Gas Company submits tariff filing per
154.205(b): 20211001 Negotiated Rate Filing to be effective 10/1/2021
under RP21-1178.
    Filed Date: 10/1/21.
    Accession Number: 20211001-5099.
    Comment Date: 5 p.m. ET 10/21/21.

    Docket Numbers: RP22-55-000.
    Applicants: Transcontinental Gas Pipe Line Company, LLC.
    Description: Sec.  4(d) Rate Filing: Non-Conforming--Leidy South--
In-Svc--UGI Utilities to be effective 10/19/2021.
    Filed Date: 10/18/21.
    Accession Number: 20211018-5067.
    Comment Date: 5 p.m. ET 11/1/21.

    Docket Numbers: RP22-56-000.
    Applicants: Centra Pipelines Minnesota Inc.
    Description: Sec.  4(d) Rate Filing: Updated Index Of Shippers Oct
2021 to be effective 12/1/2021.
    Filed Date: 10/18/21.
    Accession Number: 20211018-5072.
    Comment Date: 5 p.m. ET 11/1/21.

    Docket Numbers: RP22-57-000.
    Applicants: Transcontinental Gas Pipe Line Company, LLC.
    Description: Sec.  4(d) Rate Filing: Negotiated Rates--Leidy
South--Interim Svc--Coterra Energy to be effective 10/19/2021.
    Filed Date: 10/18/21.
    Accession Number: 20211018-5123.
    Comment Date: 5 p.m. ET 11/1/21.

    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    The filings are accessible in the Commission's eLibrary system
(https://elibrary.ferc.gov/idmws/search/fercgensearch.asp) by querying
the docket number.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: October 19, 2021.
Debbie-Anne A. Reese,
Deputy Secretary.
[FR Doc. 2021-23219 Filed 10-22-21; 8:45 am]
BILLING CODE 6717-01-P