[Federal Register Volume 87, Number 108 (Monday, June 6, 2022)]
[Notices]
[Pages 34325-34328]
[FR Doc No: 2022-12011]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-95012; File No. SR-DTC-2022-002]

Self-Regulatory Organizations; The Depository Trust Company;
Order Approving the Proposed Rule Change To Provide Settlement Services
for Transactions Entered Into Under the Proposed Securities Financing
Transaction Clearing Service of the National Securities Clearing
Corporation

May 31, 2022.

I. Introduction

    On March 28, 2022, The Depository Trust Company (``DTC'') filed
with the Securities and Exchange Commission (``Commission'') proposed
rule change SR-DTC-2022-002 (``Proposed Rule Change'') 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 18, 2022.\3\ For the
reasons discussed below, the Commission is approving the Proposed Rule
Change.\4\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 94692 (April 12, 2022),
87 FR 22971 (April 18, 2022) (SR-DTC-2022-002) (``Notice of
Filing'').
    \4\ Each capitalized term not otherwise defined herein has its
respective meaning as set forth in DTC's rules, including, but not
limited to, the Rules, By-Laws and Organization Certificate of DTC
(``Rules''), the DTC Settlement Service Guide (``Settlement
Guide''), and the Guide to the 2020 DTC Fee Schedule (``Fee
Guide''), available at http://www.dtcc.com/legal/rules-and-procedures.aspx.
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II. Description of the Proposed Rule Change

A. Background

    DTC serves as a central securities depository providing, in part,
custodial services for equity securities, which include the
safekeeping, record keeping, book-entry transfer, and pledge of
securities among its Participants.\5\ The National Securities Clearing
Corporation (``NSCC'') provides clearing and settlement services for
trades, including equity securities.\6\ NSCC relies on an

interface with DTC for the book-entry movement of securities to settle
transactions.\7\
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    \5\ See The Depository Trust Company, Disclosure Framework for
Covered Clearing Agencies and Financial Market Infrastructures at 7,
9-10 (December 2021) available at https://www.dtcc.com/-/media/Files/Downloads/legal/policy-and-compliance/DTC_Disclosure_Framework.pdf.
    \6\ See National Securities Clearing Corporation, Disclosure
Framework for Covered Clearing Agencies and Financial Market
Infrastructures at 7-10 (December 2021), available at https://www.dtcc.com/-/media/Files/Downloads/legal/policy-and-compliance/NSCC_Disclosure_Framework.pdf.
    \7\ Id. at 10.
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    NSCC has proposed to introduce a new central clearing for
securities financing transactions (``SFTs'').\8\ In general, SFTs
involve transactions where the parties exchange equity securities
against cash and simultaneously agree to exchange the same securities
and cash, plus or minus a daily interest (referred to as a rate
payment), on a future date. Through its central clearing service, NSCC
would novate SFT transactions entered into by its Members. The proposed
SFTs between counterparties that are Members of NSCC would be settled
through their respective Participant accounts at DTC.
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    \8\ Securities Exchange Act Release No. 94694 (April 12, 2022),
87 FR 23372 (April 19, 2022) (SR-NSCC-2022-003). NSCC also filed the
proposal contained in the Proposed Rule Change as advance notice SR-
NSCC-2022-801 with the Commission pursuant to Section 806(e)(1) of
the Dodd-Frank Wall Street Reform and Consumer Protection Act
entitled the Payment, Clearing, and Settlement Supervision Act of
2010. 12 U.S.C. 5465(e)(1); 17 CFR 240.19b-4(n)(1)(i). Securities
Exchange Act Release No. 94695 (April 12, 2022), 87 FR 23328 (April
19, 2022) (SR-NSCC-2022-801).
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    In order to settle SFTs arising from NSCC's proposed service, DTC
proposes to amend the Rules, the Settlement Guide, and the Fee Guide to
(i) establish new definitions, instructions, and accounts, (ii) apply a
modified look-ahead process to the new account that NSCC would maintain
at DTC, (iii) establish a fee for a new transaction, and (iv) make
conforming and technical changes.

B. New Definitions, Instructions, and Accounts for the SFT Service

    DTC proposes to revise its Rules, Settlement Guide, and Fee Guide
to add new definitions, instructions, and accounts to provide for the
settlement of SFTs. Specifically, for SFT purposes, NSCC would act as
the special representative for DTC Participants who are also NSCC
Members and would have the authority to instruct DTC, on behalf of the
Participant, to make a transfer of securities from the Participant's
DTC account to an account that NSCC maintains at DTC.\9\
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    \9\ The proposal would also establish a new special
representative SFT account to be used in connection with SFT
service.
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    The proposal would revise the Settlement Guide to include a new
section describing settlement of SFTs. To effectuate a DVP transaction
between Participants, NSCC would send DTC a pair of DVP instructions:
(i) one instruction, as the Special Representative of the securities
lending Participant, to deliver the subject securities versus payment
from the delivering Participant to the NSCC SFT Account, and (ii) one
instruction, on NSCC's own behalf, to deliver the subject securities
versus payment from the NSCC SFT Account to the Account of the
securities borrowing Participant.\10\ Effectively, pursuant to the
DVPs, the subject securities would move from the security lending
Participant to NSCC, and then from NSCC to the security borrowing
Participant.
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    \10\ Under the proposal, it is possible that the securities
lending Participant could submit its own DVP instruction to deliver
the subject securities to the NSCC SFT account. NSCC would then have
to make the corresponding instruction to deliver the securities to
the securities borrowing participant, or the trade would be
rejected.
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    When an SFT completes, NSCC would again submit a pair of DVP
instructions: (i) one instruction as the special representative of the
security borrowing Participant to deliver the subject securities to the
special representative SFT account, and (ii) one instruction on NSCC's
own behalf to deliver the subject securities from the special
representative SFT. If the pair of instructions satisfy DTC risk
management controls and the modified look-ahead process,\11\ DTC would
process the deliveries.
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    \11\ See Section II.C and text accompanying note 13 infra.
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    The proposal would also provide that DTC would process SFT price
differential payment orders, which are payment orders for the crediting
and debiting of payment amounts between Participants relating to SFT
activity at NSCC. Specifically, NSCC would be able to submit a SFT
price differential payment order (i) as the special representative of
the payee Participant to credit the amount to the payee Participant
account, and (ii) as the special representative of the payor
Participant to debit the amount to the payor Participant account. The
two instructions would effectively cause DTC to transfer the payment
orders from one Participant to NSCC, and from NSCC to another
Participant. If the pair of instructions satisfy DTC risk management
controls and the modified look-ahead, DTC would process the
payments.\12\
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    \12\ See Section II.C and text accompanying note 13 infra.
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C. Modified Look-Ahead Processing

    DTC uses certain risk management controls, the Collateral Monitor
and Net Debit Cap, to manage its credit risk. These two controls work
together to protect the DTC settlement system in the event of a
Participant default. The Collateral Monitor requires net debit
settlement obligations, as they accrue intraday, to be fully
collateralized; the Net Debit Cap limits the amount of any
Participant's net debit settlement obligation to an amount that can be
satisfied with DTC liquidity resources.\13\ DTC uses a look-ahead
processing to reduce transaction blockage by applying the net amount of
offsetting receive and deliver transactions in the same security rather
than the gross amount of the receive transaction to a Participant's Net
Debit Cap. The look-ahead process calculates and processes submitted
transactions in the same CUSIP that, when processed simultaneously,
would not violate the risk management controls of the involved
Participants.\14\
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    \13\ See Settlement Guide, supra note 4, at 64-67.
    \14\ Specifically, the look-ahead process identifies a receive
transaction pending due to a net debit cap insufficiency and
determines whether an offsetting delivery transaction pending
because of a quantity deficiency in the same security would permit
both transactions to be completed in compliance with DTC risk
management controls. See Settlement Guide, supra note 4, at 45.
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    The special representative SFT account is designed to be a pass-
through account for SFTs between Participants that are NSCC SFT
counterparties, and accordingly, NSCC's obligations to DTC with respect
to all SFTs to which the special representative SFT account was a party
should be netted to zero.\15\ DTC states that in an effort to help
ensure that there would not be any net settlement obligation against
the special representative SFT account, and to prevent transaction
blockage due to risk management controls on the special representative
SFT account, DTC proposes to use a modified look-ahead process for the
instructions it receives from NSCC in connection with the Special
Representative SFT Account.\16\
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    \15\ See Notice of Filing, supra note 3, at 22973.
    \16\ See id.
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    Pursuant to the proposal, upon receipt of SFT-related instructions
from NSCC, DTC would only complete a transaction when (i) the pair of
instructions from NSCC are consistent in terms of the number of subject
shares and/or dollar amount, CUSIP, and DTCC Reference ID,\17\ and (ii)
the net effect of processing the instructions would not violate the
respective Net Debit Caps, Collateral Monitor or other risk management
system controls of the Participants that are on each side of the SFTs.
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    \17\ The DTCC Reference ID is the fourteen-digit UTC Loan ID
that NSCC assigns to each SFT transaction.
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    In addition, because the modified look-ahead relies on the
completion of

offsetting transactions for a particular SFT and not a net amount like
regular look-ahead processing, transactions to and from the NSCC SFT
Account would not be subject to either reclaims or Receiver Authorized
Delivery (``RAD'').\18\ DTC represents that because both reclaims and
RAD effectively permit one side of the transaction to reject or reverse
the transaction, allowing such activity would interfere with the
ability of the modified look-ahead to rely on the completion of the
offsetting transactions.\19\
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    \18\ A reclaim is the return of various orders and transactions
received by a Participant. RAD is a control mechanism that allows a
Participant to review transactions prior to completion of
processing. See Settlement Guide, supra note 4, at 6.
    \19\ See Notice of Filing, supra note 3, at 22973.
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D. SFT Price Differential Fee

    DTC proposes to amend the Fee Guide to establish a fee for SFT
price differential payment orders.\20\ DTC proposes a fee of $0.005 for
an SFT price differential payment order, which would be charged to
payors and payees per item delivered or received.
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    \20\ The proposal establishes a fee for SFT Price Differential
payment orders because DTC does not currently process such payment
orders. DTC would apply other currently existing fees that are
relevant to SFTs pursuant to its Fee Guide. For example, for a DVP
transaction in connection with an SFT, DTC would charge a stock loan
and return fee of $0.18 to payors and payees per item delivered and
received.
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    According to DTC, the fee is lower than the $0.10 fee charged for
an order for delivery or receipt in connection with uncleared stock
loan transactions.\21\ DTC states that the reason for a lower fee is
because NSCC's SFT service would require a higher volume of payment
orders compared to stock loan transactions processed bilaterally.\22\
DTC believes that NSCC's SFT service would require a higher volume of
payment orders because SFT Counterparties would pay and collect price
differentials at the individual transaction level, while in a bilateral
transaction, the counterparties would typically pay and collect at the
CUSIP level, inclusive of all open stock loan transactions of a given
counterparty.\23\
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    \21\ See Notice of Filing, supra note 3, at 22973.
    \22\ Id.
    \23\ See Notice of Filing, supra note 3, at 22973.
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E. Conforming and Technical Changes

    DTC proposes to make conforming changes to reflect the SFT
activities, correct technical errors, add headings, and replace
undefined terms with defined terms in order to ensure consistency and
clarity of the Rules and the Settlement Guide.

III. Discussion and Commission Findings

    Section 19(b)(2)(C) of the Act \24\ directs the Commission to
approve a proposed rule change of a self-regulatory organization if it
finds that such proposed rule change is consistent with the
requirements of the Act and the rules and regulations thereunder
applicable to such organization. After careful consideration, the
Commission finds that the Proposed Rule Change is consistent with the
requirements of the Act and the rules and regulations applicable to
DTC. In particular, the Commission finds that the Proposed Rule Change
is consistent with Section 17A(b)(3)(F) and 17A(b)(3)(D) of the Act
\25\ and Rules 17Ad-22(e)(21) \26\ thereunder.
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    \24\ 15 U.S.C. 78s(b)(2)(C).
    \25\ 15 U.S.C. 78q-1(b)(3)(F) and (3)(D).
    \26\ 17 CFR 240.17Ad-22(e)(21).
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A. Consistency With Section 17A(b)(3)(F) of the Act

    Section 17A(b)(3)(F) of the Act \27\ requires, in part, that the
rules of a clearing agency, such as DTC, be designed to promote the
prompt and accurate clearance and settlement of securities transactions
and to foster cooperation and coordination with persons engaged in the
clearance and settlement of securities transactions.
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    \27\ 15 U.S.C. 78q-1(b)(3)(F).
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    As described above in Section II.A., DTC proposes to revise its
Rules, Settlement Guide, and Fee Guide to be able to provide
Participants with settlement services for SFTs cleared through the
proposed NSCC service. As stated in Section II.B., the proposal would
provide new definitions, instructions, and accounts to effectuate SFTs,
and provide a basis for DTC to accept and rely on NSCC's instructions
in connections with the proposed SFT service. Specifically, DTC would
amend its Rules to provide for the additional authority of NSCC, as the
special representative of a Participant, to submit DVP instructions and
SFT price differential payment orders to DTC, on behalf of
Participants. By providing NSCC with the authority to submit these
instructions on behalf of the Participants, the Proposed Rule Change
supports the efficient settlement of cleared SFTs, thereby promoting
the prompt and accurate clearance and settlement of securities
transactions.
    Furthermore, as described in Section II.C., the Proposed Rule
Change would apply a modified look-ahead process to the new special
representative SFT account in order to (i) ensure that there would not
be any net settlement obligation against the special representative SFT
account, and (ii) prevent transaction blockage that could occur from
unsatisfied risk management controls on the special representative SFT
account. By applying a modified look-ahead, the Commission believes
that the proposal is designed to promote efficient processing of SFTs,
thereby promoting the prompt and accurate clearance and settlement of
securities transactions.
    Lastly, as described in Section II.E., DTC proposes to make
conforming and technical changes. The Commission believes that the
changes would help ensure that the Rules and the Settlement Guide
remain consistent, clear, and accurate. Having consistent, clear, and
accurate Rules and Settlement Guide would help Participants to better
understand their rights and obligations regarding DTC settlement
services in connection with the NSCC SFT service. The Commission
believes that better enabling Participants to understand and thus
comply with the Rules and the Settlement Guide would promote the prompt
and accurate clearance and settlement of securities transactions.
    The Commission further believes that the Proposed Rule Change is
reasonably designed to foster cooperation and coordination with persons
engaged in the clearance and settlement of securities transactions. As
described above in Section II.A., DTC proposes to amend its Rules,
Settlement Guide, and Fee Guide to be able to process SFTs arising from
NSCC's proposed SFT service. Although NSCC provides clearing and
settlement services for transactions, it relies on an interface with
DTC for the book-entry movement of securities to settle transactions.
Without DTC's actions, NSCC would not be able to settle SFTs at DTC.
Accordingly, the Commission believes that establishing new definitions,
instructions, and accounts to effectuate SFTs, modifying look-ahead
processing, and making conforming and technical changes would foster
cooperation and coordination between NSCC and DTC.
    For the reasons stated above, the Commission believes that the
Proposed Rule Change is reasonably designed to promote the prompt and
accurate clearance and settlement of securities transactions, and
foster cooperation and coordination with persons engaged in the
clearance and settlement of securities transactions. The Commission
believes, therefore, that the Proposed Rule Change is consistent with
Section 17A(b)(3)(F) of the Act.\28\
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    \28\ Id.

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B. Consistency With Section 17A(b)(3)(D) of the Act

    Section 17A(b)(3)(D) of the Act requires that the rules of a
clearing agency provide for the equitable allocation of reasonable
dues, fees, and other charges among its participants.\29\
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    \29\ 15 U.S.C. 78q-1(b)(3)(D).
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    As described above in Section II.D., DTC would establish a fee of
$0.005 per item delivered or received, which would be charged to the
payor and the payee of an SFT price differential payment order. The
Commission believes that the proposed fee for SFT price differential
payment orders would provide for the equitable allocation of reasonable
dues, fees, and other charges among Participants. First, the proposed
fee of $0.005 is less than the $0.10 fee for payment order applicable
for uncleared bilateral stock loan transactions.\30\ Second, the
Commission understands that due to the lack of history for cleared SFT
activity,\31\ DTC cannot estimate at this time the average number of
SFT Price Differential payment orders that would be processed and
cannot, therefore, quantify a precise fee.\32\ Accordingly, the
Commission believes that the proposed fee, which is designed to take
into account the imbalance between the amount of payment orders that
would be required for cleared SFTs and the amount required for
uncleared bilateral stock loan transactions, is reasonable. The
Commission also believes that the proposed fee would be equitably
allocated because the fee would be charged to payors and payees per
item delivered or received in accordance with their use of SFT price
differential payment orders and all such payors and payees would be
treated equally with respect to the fee.
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    \30\ See Notice of Filing, supra note 3, at 22973.
    \31\ NSCC would be offering central clearing for overnight SFTs
for the first time, and accordingly, NSCC would not be able to
anticipate the size and composition of the SFT activities. See
Securities Exchange Act Release No. 94694 (April 12, 2022), 87 FR
23372, 22375 (April 19, 2022) (SR-NSCC-2022-003).
    \32\ See Notice of Filing, supra note 3, at 22973.
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    Therefore, the Commission believes that the Proposed Rule Change
establishing a fee for the delivery and receipt of an SFT price
differential payment order is designed to provide for the equitable
allocation of reasonable dues, fees, and other charges among
participants, consistent with Section 17A(b)(3)(D) of the Act.\33\
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    \33\ 15 U.S.C. 78q-1(b)(3)(D).
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C. Consistency With Rule 17Ad-22(e)(21)

    Rule 17Ad-22(e)(21) promulgated under the Act requires, in part, a
covered clearing agency establish, implement, maintain and enforce
written policies and procedures reasonably designed to be efficient and
effective in meeting the requirements of its participants and the
markets it serves, including the clearing agency's clearing and
settlement arrangements and the scope of products cleared or
settled.\34\
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    \34\ 17 CFR 240.17Ad-22(e)(21).
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    As described above in Section II.A., DTC proposes to revise its
Rules, Settlement Guide, and Fee Guide to be able to process SFTs
arising from NSCC's proposed SFT service. By doing so, DTC would assist
NSCC to efficiently and effectively execute its new service, which is
to clear and settle a new product. Also, as stated in Section II.B.,
the proposal would (i) provide a basis for DTC to accept and rely on
the instructions from NSCC as special representative of DTC's
Participants for SFTs, and (ii) establish a new type of instructions
for SFT price differential payment orders. As stated in Section II.C.,
the proposal would revise the look-ahead processing to accommodate SFTs
and ensure that SFTs would be processed timely and efficiently. As
stated in Section II.D., the proposal would also revise DTC's fee guide
to clearly establish a fee for SFT price differential payment orders,
which are new transactions for DTC. Without such changes, NSCC would
not be able to clear and settle SFTs at DTC.
    For the reasons stated above, the Commission believes that the
Proposed Rule Change is reasonably designed to be efficient and
effective in meeting the requirements of its participants and the
market it serves, and consistent with Rule 17Ad-22(e)(21).\35\
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    \35\ Id.
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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 17A of the Act \36\ and
the rules and regulations promulgated thereunder.
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    \36\ 15 U.S.C. 78q-1.
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    It is therefore ordered, pursuant to Section 19(b)(2) of the Act
\37\ that Proposed Rule Change SR-DTC-2022-002, be, and hereby is,
approved.\38\
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    \37\ 15 U.S.C. 78s(b)(2).
    \38\ In approving the Proposed Rule Change, the Commission
considered the proposals' 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.\39\
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    \39\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-12011 Filed 6-3-22; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 86, Number 79 (Tuesday, April 27, 2021)]
[Notices]
[Page 22216]
[FR Doc No: 2021-08706]

=======================================================================
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DEPARTMENT OF HOMELAND SECURITY

Coast Guard

[Docket No. USCG-2009-0973]

Random Drug Testing Rate for Covered Crewmembers for 2021

AGENCY: Coast Guard, DHS.

ACTION: Notice of minimum random drug testing rate.

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SUMMARY: The Coast Guard has set the calendar year 2021 minimum random
drug testing rate at 50 percent of covered crewmembers.

DATES: The minimum random drug testing rate is effective January 1,
2021 through December 31, 2021.

FOR FURTHER INFORMATION CONTACT: For questions about this notice,
please contact Mr. Patrick Mannion, Drug and Alcohol Prevention and
Investigation Program Manager, Office of Investigations and Analysis
(CG-INV), U.S. Coast Guard Headquarters, via email<EMAIL_ADDRESS>or
phone,<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: The Coast Guard requires marine employers to
establish random drug testing programs for covered crewmembers in
accordance with 46 CFR 16.230. Marine employers are required by 46 CFR
16.500 to collect and maintain a record of drug testing data for each
calendar year, and submit this data to the Coast Guard in a Management
Information System (MIS) Report by March 15 of the following year.
    Each year, the Coast Guard will publish a notice reporting the
results of random drug testing for the previous calendar year's MIS
data and the required minimum annual percentage rate for random drug
testing for the next calendar year. The purpose of setting a minimum
random drug testing rate is to promote maritime safety by establishing
an effective deterrent to drug misuse within the maritime workforce.
Intoxicated operations poses a serious threat to life, property and the
environment in the maritime commons. As such, the minimum random drug
testing rate is intended to deter and detect illegal drug misuse in the
maritime industry.
    The Coast Guard announces that the minimum random drug testing rate
for calendar year 2021 is 50 percent. The Coast Guard continues a 50
percent minimum random drug testing rate for 2021 as a result of MIS
data for the most recent reporting year which indicated that the
positive rate continues to be greater than one percent. 46 CFR
16.230(f)(2) requires the Commandant to set the minimum random drug
testing rate at 50 percent when the positivity rate for drug use is
greater than 1 percent.
    For 2021, the minimum random drug testing rate will be 50 percent
of covered employees for the period of January 1, 2021 through December
31, 2021 in accordance with 46 CFR 16.230(e).

    Dated: April 21, 2021.
Wayne R. Arguin,
Captain, U.S. Coast Guard, Director of Inspections and Compliance.
[FR Doc. 2021-08706 Filed 4-26-21; 8:45 am]
BILLING CODE 9110-04-P


[Federal Register Volume 83, Number 83 (Monday, April 30, 2018)]
[Notices]
[Pages 18856-18858]
[FR Doc No: 2018-09076]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Docket ID FEMA-2018-0002]

Final Flood Hazard Determinations

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Final Notice.

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SUMMARY: Flood hazard determinations, which may include additions or
modifications of Base Flood Elevations (BFEs), base flood depths,
Special Flood Hazard Area (SFHA) boundaries or zone designations, or
regulatory floodways on the Flood Insurance Rate Maps (FIRMs) and where
applicable, in the supporting Flood Insurance Study (FIS) reports have
been made final for the communities listed in the table below.
    The FIRM and FIS report are the basis of the floodplain management
measures that a community is required either to adopt or to show
evidence of having in effect in order to qualify or remain qualified
for participation in the Federal Emergency Management Agency's (FEMA's)
National Flood Insurance Program (NFIP). In addition, the FIRM

and FIS report are used by insurance agents and others to calculate
appropriate flood insurance premium rates for buildings and the
contents of those buildings.

DATES: The date of August 16, 2018 has been established for the FIRM
and, where applicable, the supporting FIS report showing the new or
modified flood hazard information for each community.

ADDRESSES: The FIRM, and if applicable, the FIS report containing the
final flood hazard information for each community is available for
inspection at the respective Community Map Repository address listed in
the tables below and will be available online through the FEMA Map
Service Center at https://msc.fema.gov by the date indicated above.

FOR FURTHER INFORMATION CONTACT: Rick Sacbibit, Chief, Engineering
Services Branch, Federal Insurance and Mitigation Administration, FEMA,
400 C Street SW, Washington, DC 20472,<PHONE_NUMBER>, or (email)
[email protected]; or visit the FEMA Map Information
eXchange (FMIX) online at https://www.floodmaps.fema.gov/fhm/fmx_main.html.

SUPPLEMENTARY INFORMATION: The Federal Emergency Management Agency
(FEMA) makes the final determinations listed below for the new or
modified flood hazard information for each community listed.
Notification of these changes has been published in newspapers of local
circulation and 90 days have elapsed since that publication. The Deputy
Associate Administrator for Insurance and Mitigation has resolved any
appeals resulting from this notification.
    This final notice is issued in accordance with section 110 of the
Flood Disaster Protection Act of 1973, 42 U.S.C. 4104, and 44 CFR part
67. FEMA has developed criteria for floodplain management in floodprone
areas in accordance with 44 CFR part 60.
    Interested lessees and owners of real property are encouraged to
review the new or revised FIRM and FIS report available at the address
cited below for each community or online through the FEMA Map Service
Center at https://msc.fema.gov. The flood hazard determinations are
made final in the watersheds and/or communities listed in the table
below.

(Catalog of Federal Domestic Assistance No. 97.022, ``Flood
Insurance.'')

    Dated: April 3, 2018.
Roy E. Wright,
Deputy Associate Administrator for Insurance and Mitigation, Department
of Homeland Security, Federal Emergency Management Agency.

------------------------------------------------------------------------
          Community                 Community map repository address
------------------------------------------------------------------------
Limestone County, Alabama and Incorporated Areas Docket No.: FEMA-B-1655
------------------------------------------------------------------------
City of Athens...............  Engineering and Community Development
                                Department, 1600 Elm Street West,
                                Athens, AL 35611.
City of Decatur..............  Building Department, 402 Lee Street
                                Northeast, 4th Floor, Decatur, AL 35601.
City of Huntsville...........  City Hall, 308 Fountain Circle,
                                Huntsville, AL 35801.
City of Madison..............  Engineering Department, 100 Hughes Road,
                                Madison, AL 35758.
Town of Ardmore..............  Town Hall, 26494 1st Street, Ardmore, AL
                                35739.
Town of Mooresville..........  Limestone County Engineering Department,
                                310 West Washington Street, Athens, AL
                                35611.
Unincorporated Areas of        Limestone County Engineering Department,
 Limestone County.              310 West Washington Street, Athens, AL
                                35611.
------------------------------------------------------------------------
 Madison County, Alabama and Incorporated Areas Docket No.: FEMA-B-1655
------------------------------------------------------------------------
City of Huntsville...........  City Hall, 308 Fountain Circle,
                                Huntsville, AL 35801.
City of New Hope.............  City Hall, 5496 Main Drive, New Hope, AL
                                35760.
Town of Triana...............  Town Hall, 640 6th Street, Triana, AL
                                35756.
Unincorporated Areas of        Madison County Department of Public
 Madison County.                Works, Engineering Department, 266-C
                                Shields Road, Huntsville, AL 35811.
------------------------------------------------------------------------
  Morgan County, Alabama and Incorporated Areas Docket No.: FEMA-B-1655
------------------------------------------------------------------------
City of Decatur..............  Building Department, 402 Lee Street
                                Northeast, 4th Floor, Decatur, AL 35601.
City of Hartselle............  City Hall, 200 Sparkman Street Northwest,
                                Hartselle, AL 35640.
Town of Falkville............  Town Hall, 21 North 1st Avenue,
                                Falkville, AL 35622.
Town of Priceville...........  Town Hall, 242 Marco Drive, Priceville,
                                AL 35603.
Town of Somerville...........  Town Hall, 24 High Street, Somerville, AL
                                35670.
Town of Trinity..............  Town Hall, 35 Preston Drive, Trinity, AL
                                35673.
Unincorporated Areas of        Morgan County Engineer's Office, 580
 Morgan County.                 Shull Road Northeast, Hartselle, AL
                                35640.
------------------------------------------------------------------------
 Chatham County, Georgia and Incorporated Areas Docket No.: FEMA-B-1701
------------------------------------------------------------------------
City of Bloomingdale.........  City Hall, 8 West Highway 80,
                                Bloomingdale, GA 31302.
City of Garden City..........  City Hall, 100 Central Avenue, Garden
                                City, GA 31405.
City of Pooler...............  City Hall, 100 Southwest Highway 80,
                                Pooler, GA 31322.
City of Port Wentworth.......  City Hall, 305 South Coastal Highway,
                                Port Wentworth, GA 31407.
City of Savannah.............  Department of Development Services, 5515
                                Abercorn Street, Savannah, GA 31405.
City of Tybee Island.........  City Hall, 403 Butler Avenue, Tybee
                                Island, GA 31328.
Town of Thunderbolt..........  Town Hall, 2821 River Drive, Thunderbolt,
                                GA 31404.
Town of Vernonburg...........  Office of the Town of Vernonburg Mayor,
                                110 East President Street, 2nd Floor,
                                Savannah, GA 31401.
Unincorporated Areas of        Old Chatham County Courthouse, 124 Bull
 Chatham County.                Street, Room 430, Savannah, GA 31401.
------------------------------------------------------------------------
  Brown County, Illinois and Incorporated Areas Docket No.: FEMA-B-1707
------------------------------------------------------------------------
Unincorporated Areas of Brown  Brown County Courthouse, 200 West Court
 County.                        Street, Mount Sterling, IL 62353.
------------------------------------------------------------------------

  Pike County, Illinois and Incorporated Areas Docket No.: FEMA-B-1707
------------------------------------------------------------------------
Unincorporated Areas of Pike   Pike County Government Building, 121 East
 County.                        Washington Street, Pittsfield, IL 62363.
Village of Perry.............  Perry Village Hall, 210 West Main Street,
                                Perry, IL 62362.
------------------------------------------------------------------------
Abbeville County, South Carolina and Incorporated Areas Docket No.: FEMA-
                                 B-1708
------------------------------------------------------------------------
Unincorporated Areas of        Abbeville County Administrative Complex,
 Abbeville County.              903 West Greenwood Street, Suite 2100,
                                Abbeville, SC 29620.
------------------------------------------------------------------------
 Aiken County, South Carolina and Incorporated Areas Docket No.: FEMA-B-
                                  1708
------------------------------------------------------------------------
City of North Augusta........  Municipal Center, 100 Georgia Avenue,
                                North Augusta, SC 29841.
Unincorporated Areas of Aiken  Aiken County Planning and Development
 County.                        Department, 1930 University Parkway,
                                Suite 2800, Aiken, SC 29801.
------------------------------------------------------------------------

[FR Doc. 2018-09076 Filed 4-27-18; 8:45 am]
 BILLING CODE 9110-12-P


[Federal Register Volume 88, Number 72 (Friday, April 14, 2023)]
[Proposed Rules]
[Pages 22931-22933]
[FR Doc No: 2023-07835]

-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 71

[Docket No. FAA-2023-0914; Airspace Docket No. 23-AGL-10]
RIN 2120-AA66

Amendment of Class E Airspace; Madison Dane County Regional
Airport-Truax Field, WI

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM).

-----------------------------------------------------------------------

SUMMARY: This action proposes to amend the Class E airspace at Madison
Dane County Regional Airport-Truax Field, WI, and establish Class E
airspace at Madison, WI. The FAA is proposing this action as the result
of an airspace review requested by the FAA Airspace Rules and
Regulations office. The name and geographic coordinates of various
airports would also be updated to coincide with the FAA's aeronautical
database.

DATES: Comments must be received on or before May 30, 2023.

ADDRESSES: Send comments identified by FAA Docket No. FAA-2023-0914 and
Airspace Docket No. 23-AGL-10 using any of the following methods:
    * Federal eRulemaking Portal: Go to www.regulations.gov and follow
the online instruction for sending your comments electronically.
    * Mail: Send comments to Docket Operations, M-30; U.S. Department
of Transportation, 1200 New Jersey Avenue SE, Room W12-140, West
Building Ground Floor, Washington, DC 20590-0001.
    * Hand Delivery or Courier: Take comments to Docket Operations in
Room W12-140 OF THE West Building Ground Floor at 1200 New Jersey
Avenue SE, Washington, DC, between 9 a.m. and 5 p.m., Monday through
Friday, except Federal holidays.
    * Fax: Fax comments to Docket Operations at<PHONE_NUMBER>.
    Docket: Background documents or comments received may be read at
www.regulations.gov at any time. Follow the online instructions for
accessing the docket or go to Docket Operations in Room W12-140 of the
West Building Ground Floor at 1200 New Jersey Avenue SE, Washington,
DC, between 9 a.m. and 5 p.m., Monday through Friday, except Federal
holidays.
    FAA Order JO 7400.11G, Airspace Designations and Reporting Points,
and subsequent amendments can be viewed online at www.faa.gov/air_traffic/publications/. You may also contact the Rules and
Regulations Group, Office of Policy, Federal Aviation Administration,
800 Independence Avenue SW, Washington DC 20591; telephone: (202) 267-
8783.

FOR FURTHER INFORMATION CONTACT: Jeffrey Claypool, Federal Aviation
Administration, Operations Support Group, Central Service Center, 10101
Hillwood Parkway, Fort Worth, TX 76177; telephone<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Authority for This Rulemaking

    The FAA's authority to issue rules regarding aviation safety is
found in Title 49 of the United States Code. Subtitle I, 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 would amend the Class E surface airspace, the Class E airspace
designated as an extension to a Class C surface area, and the Class E
airspace extending upward from 700 feet above the surface, and
establish Class E airspace designated as an extension to a Class E
surface area at Dane County Regional Airport/Truax Field, Madison, WI,
to support instrument flight rule operations at this airport.

Comments Invited

    The FAA invites interested persons to participate in this
rulemaking by submitting written comments, data, or views. Comments are
specifically invited on the overall regulatory, aeronautical, economic,
environmental, and energy-related aspects of the proposal. The most
helpful comments reference a specific portion of the proposal, explain
the reason for any recommended change, and include supporting data. To
ensure the docket does not contain duplicate comments, commenters
should submit only one time if comments are filed electronically, or
commenters should send only one copy of written comments if comments
are filed in writing.
    The FAA will file in the docket all comments it receives, as well
as a report summarizing each substantive public contact with FAA
personnel concerning this proposed rulemaking. Before acting on this
proposal, the FAA will consider all comments it received on or before
the closing date for comments. The FAA will consider comments filed
after the comment period has closed if it is possible to do so without
incurring expense or dely. The FAA may change this proposal in light of
the comments it receives.
    Privacy: In accordance with 5 U.S.C. 553(c), DOT solicits comments
from the public to better inform its rulemaking process. DOT post these
comments, without edit, including any personal information the
commenter provides, to www.regulations.gov as described in the system
of records notice (DOT/ALL-14FDMS), which can be reviewed at
www.dot.gov/privacy.

Availability of Rulemaking Documents

    An electronic copy of this document may be downloaded through the
internet at www.regulations.gov. Recently published rulemaking
documents can also be accessed through the FAA's web page at
www.faa.gov/air_traffic/publications/airspace_amendments/.
    You may review the public docket containing the proposal, any
comments received, and any final disposition in person in the Dockets
Office (see the ADDRESSES section for the address, phone number, and
hours of operations). An informal docket may also be examined during
normal

business hours at the Federal Aviation Administration, Air Traffic
Organization, Central Service Center, Operations Support Group, 10101
Hillwood Parkway, Fort Worth, TX 76177.

Incorporation by Reference

    Class E airspace is published in paragraphs 6002, 6003, 6004, and
6005 of FAA Order JO 7400.11, Airspace Designations and Reporting
Points, which is incorporated by reference in 14 CFR 71.1 on an annual
basis. This document proposes to amend the current version of that
order, FAA Order JO 7400.11G, dated August 19, 2022, and effective
September 15, 2022. These updates would be published subsequently in
the next update to FAA Order JO 7400.11. That order is publicly
available as listed in the ADDRESSES section of this document.
    FAA Order JO 7400.11G lists Class A, B, C, D, and E airspace areas,
air traffic service routes, and reporting points.

The Proposal

    The FAA is proposing an amendment to 14 CFR part 71 by:
    Modifying the Class E surface area at Dane County Regional Airport/
Truax Field, Madison, WI, by removing all of the extensions contained
within the airspace legal descriptions as they will be incorporated
into new Class E airspace designated as an extension to a Class E
surface area to comply with FAA Order JO 7400.2N, Procedures for
Handling Airspace Matters; replacing the outdated terms ``Notice to
Airmen'' with ``Notice to Air Missions'' and ``Airport/Facility
Directory'' with ``Chart Supplement''; modifying the header from
``Madison Dane County Regional Airport-Truax Field, WI'' to ``Madison,
WI'' to comply with changes to FAA Order JO 7400.2N; and updating the
name of Dane County Regional Airport/Truax Field (previously Dane
County Regional Airport-Truax Field) and the geographic coordinates of
Dane County Regional Airport/Truax Field and Waunakee Airport,
Waunakee, WI, to coincide with the FAAs aeronautical database;
    Modifying the Class E airspace designated as an extension to a
Class C surface area at Dane County Regional Airport/Truax Field by
removing the extension north of the airport as it is no longer
required; modifying the extension southeast of the airport to within
2.4 miles each side of the Madison VORTAC 130[deg] radial (previously
134[deg] bearing from the Dane County Regional Airport-Truax Field)
extending from the 5-mile radius of Dane County Regional Airport/Truax
Field to 7 miles southeast of the Madison VORTAC (previously Dane
County Regional Airport-Truax Field); modifying the extension northwest
of the airport to within 2.4 miles each side of the Madison VORTAC
319[deg] radial (previously 358[deg] bearing from the Dane County
Regional Airport-Truax Field) extending from the 5-mile radius of Dane
County Regional Airport/Truax Field to 7 miles northwest of the Madison
VORTAC (previously Dane County Regional Airport-Truax Field); replacing
the outdated terms ``Notice to Airmen'' with ``Notice to Air Missions''
and ``Airport/Facility Directory'' with ``Chart Supplement''; modifying
the header from ``Madison Dane County Regional Airport-Truax Field,
WI'' to ``Madison, WI'' to comply with changes to FAA Order JO 7400.2N;
and updating the name of Dane County Regional Airport/Truax Field
(previously Dane County Regional Airport-Truax Field) and the
geographic coordinates of Dane County Regional Airport/Truax Field and
Waunakee Airport, Waunakee, WI, to coincide with the FAAs aeronautical
database;
    Establishing Class E airspace designated as an extension to a Class
E surface area at Dane County Regional Airport/Truax Field within 2.4
miles each side of the Madison VORTAC 130[deg] radial extending from
the 5-mile radius of Madison Dane County Regional Airport/Truax Field
to 7 miles southeast of the Madison VORTAC; within a 2.4 miles each
side of the Madison VORTAC 319[deg] radial extending from the 5-mile
radius of Madison Dane County Regional Airport/Truax Field to 7 miles
northwest of the Madison VORTAC excluding that airspace within a 1.5-
mile radius of Waunakee Airport;
    And modifying the Class E airspace extending upward from 700 feet
above the surface to within a 7.5-mile (decreased from an 8.8-mile)
radius of Dane County Regional Airport/Truax Field; removing the
extension south of the airport as it is no longer required; adding an
extension within 2 miles each side of the 029[deg] bearing from the
airport extending from the 7.5-mile radius to 13.7 miles north of the
airport; adding an extension within 1 mile each side of the 316[deg]
bearing from the airport extending from the 7.5-mile radius to 11 miles
northwest of the airport; and updating the names and geographic
coordinates of Dane County Regional Airport/Truax Field (previously
Dane County Regional Airport-Truax Field) and Middleton Municipal
Airport/Morey Field (previously Morey Airport), Middleton, WI, to
coincide with the FAA's aeronautical database; and removing the cities
associated with the airports in the header to comply with changes to
FAA Order JO 7400.2N.
    This action is the result of an airspace review requested by the
FAA Airspace Rules and Regulations office.

Regulatory Notices and Analyses

    The FAA has determined that this proposed regulation only involves
an established body of technical regulations for which frequent and
routine amendments are necessary to keep them operationally current.
It, therefore: (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 proposed 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.

Environmental Review

    This proposal will be subject to an environmental analysis in
accordance with FAA Order 1050.1F, ``Environmental Impacts: Policies
and Procedures'' prior to any FAA final regulatory action.

List of Subjects in 14 CFR Part 71

    Airspace, Incorporation by reference, Navigation (air).

The Proposed Amendment

    In consideration of the foregoing, the Federal Aviation
Administration proposes to amend 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(f), 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 71.1 of FAA Order JO
7400.11G, Airspace Designations and Reporting Points, dated August 19,
2022, and effective September 15, 2022, is amended as follows:

Paragraph 6002 Class E Airspace Areas Designated as a Surface Area.

* * * * *

AGL WI E2 Madison, WI [Amended]

Dane County Regional Airport/Truax Field, WI
    (Lat 43[deg]08'24'' N, long 89[deg]20'15'' W)
Waunakee Airport
    (Lat 43[deg]10'43'' N, long 89[deg]27'05'' W)

    Within a 5-mile radius of the Dane County Regional Airport/Truax
Field excluding that airspace within a 1.5-mile radius of the
Waunakee Airport. This Class E airspace area is effective during the
specific dates and times established in advance by a Notice to Air
Missions. The effective dates and times will thereafter be
continuously published in the Chart Supplement.

Paragraph 6003 Class E Airspace Areas Designated as an Extension to
a Class C Surface Area.

* * * * *

AGL WI E3 Madison, WI [Amended]

Dane County Regional Airport/Truax Field, WI
    (Lat 43[deg]08'24'' N, long 89[deg]20'15'' W)
Madison VORTAC
    (Lat 43[deg]08'41'' N, long 89[deg]20'23'' W)
Waunakee Airport
    (Lat 43[deg]10'43'' N, long 89[deg]27'05'' W)

    That airspace extending upward from the surface within 2.4 miles
each side of the Madison VORTAC 130[deg] radial extending from the
5-mile radius of Dane County Regional Airport/Truax Field to 7 miles
southeast of the Madison VORTAC; and within 2.4 miles each side of
the
    Madison VORTAC 319[deg] radial extending from the 5-mile radius
of Dane County Regional Airport/Truax Field to 7 miles northwest of
the Madison VORTAC excluding that airspace within a 1.5-mile radius
of the Waunakee Airport. This Class E airspace area is effective
during the specific dates and times established in advance by a
Notice to Air Missions. The effective dates and times will
thereafter be continuously published in the Chart Supplement.

Paragraph 6004 Class E Airspace Areas Designated as an Extension to
a Class D or Class E Surface Area.

* * * * *

AGL WI E4 Madison, WI [Establish]

Dane County Regional Airport/Truax Field, WI
    (Lat 43[deg]08'24'' N, long 89[deg]20'15'' W)
Madison VORTAC
    (Lat 43[deg]08'41'' N, long 89[deg]20'23'' W)
Waunakee Airport
    (Lat 43[deg]10'43'' N, long 89[deg]27'05'' W)

    That airspace extending upward from the surface within 2.4 miles
each side of the Madison VORTAC 130[deg] radial extending from the
5-mile radius of Dane County Regional Airport/Truax Field to 7 miles
southeast of the Madison VORTAC; and within 2.4 miles each side of
the Madison VORTAC 319[deg] radial extending from the 5-mile radius
of Dane County Regional Airport/Truax Field to 7 miles northwest of
the Madison VORTAC excluding that airspace within a 1.5-mile radius
of the Waunakee Airport. This Class E airspace area is effective
during the specific dates and times established in advance by a
Notice to Air Missions. The effective dates and times will
thereafter be continuously published in the Chart Supplement.

Paragraph 6005 Class E Airspace Areas Extending Upward From 700
Feet or More Above the Surface of the Earth.

* * * * *

AGL WI E5 Madison, WI [Amended]

Dane County Regional Airport/Truax Field, WI
    (Lat 43[deg]08'24'' N, long 89[deg]20'15'' W)
Middleton Municipal Airport/Morey Field, WI
    (Lat 43[deg]06'52'' N, long 89[deg]31'54'' W)

    That airspace extending upward from 700 feet above the surface
within an 7.5-mile radius of Dane County Regional Airport/Truax
Field; and within 2 miles each side of the 029[deg] bearing from the
airport extending from the 7.5-mile radius of the airport to 13.7
miles north of the airport; and within 1 mile each side of the
316[deg] bearing from the airport extending from the 7.5-mile radius
of the airport to 11 miles northwest of the airport; and within a
6.3-mile radius of Middleton Municipal Airport/Morey Field.

    Issued in Fort Worth, Texas, on April 10, 2023.
Martin A. Skinner,
Acting Manager, Operations Support Group, ATO Central Service Center.
[FR Doc. 2023-07835 Filed 4-13-23; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 80, Number 128 (Monday, July 6, 2015)]
[Notices]
[Pages 38491-38493]
[FR Doc No: 2015-16417]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-75329; File No. SR-ICEEU-2015-012]

Self-Regulatory Organizations; ICE Clear Europe Limited; Notice
of Filing and Immediate Effectiveness of Proposed Rule Change Relating
to the Delivery Procedures

June 29, 2015.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder \2\ notice is hereby given that
on June 16, 2015, ICE Clear Europe Limited (``ICE Clear Europe'') filed
with the Securities and Exchange Commission (``Commission'') the
proposed rule change as described in Items I, II, and III below, which
Items have been prepared primarily by ICE Clear Europe. ICE Clear
Europe filed the proposal pursuant to Section 19(b)(3)(A) of the
Act,\3\ and Rules 19b-4(f)(4)(i) and (ii) \4\ thereunder, so that the
proposal was effective upon filing with the Commission. 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.
    \3\ 15 U.S.C. 78s(b)(3)(A).
    \4\ 17 CFR 240.19b-4(f)(4)(i) and (ii).
---------------------------------------------------------------------------

I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    ICE Clear Europe proposes amendments to its Delivery Procedures
with respect to the settlement of certain European emissions allowance
and cocoa futures contracts that are currently traded on ICE Futures
Europe and cleared by ICE Clear Europe. The proposed rule change also
makes certain clarifications and updates to the Complaint Resolution
Procedures.

II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, ICE Clear Europe included
statements concerning the purpose of and basis for the proposed rule
change. The text of these statements may be examined at the places
specified in Item IV below. ICE Clear Europe has prepared summaries,
set forth in sections A, B, and C below, of the most significant
aspects of such statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

1. Purpose
    The purpose of the proposed rule change is to modify the ICE Clear
Europe Delivery Procedures for certain emissions allowance and cocoa
futures contracts traded on ICE Futures Europe and cleared by ICE Clear
Europe, namely the ICE Futures EUA Futures Contract, ICE Futures EUA
Daily Futures Contract, ICE Futures EUAA Auction Contract, ICE Futures
EUAA Futures Contract, ICE Futures EUAA Auction Contract, ICE Futures
CER Futures Contract, ICE Futures CER Futures Daily Contract and ICE
Futures ERU Futures Contract (collectively, the ``Emissions
Contracts''), and Financials & Softs Cocoa Futures Contracts (the
``Cocoa Contracts''). ICE Clear Europe also proposes to make certain
clarifications and updates to its Complaint Resolution Procedures. ICE
Clear Europe does not otherwise propose to amend its clearing rules or
procedures.
    The amendments to the Delivery Procedures relating to the Emissions
Contracts adjust the deadlines for certain actions in connection with
delivery under those contracts, including the timing of submission of
Transfer Requests by the relevant Seller or the Clearing House, the
timing of receipt of emissions allowances by the Clearing House and the
Buyer, and the timing of submission of certain confirmation forms. The
timing changes are intended to move certain aspects of the settlement
process earlier in the day, in order to facilitate orderly settlement.
The amendments also remove certain superfluous language prior to the
beginning of Part A of the Delivery Procedures.
    The amendments to the Delivery Procedures for the Cocoa Contracts
clarify the reports made available to Buyers and Sellers in the event
there are no conversions of delivery units to be made under relevant
exchange rules. Specifically, Sellers will have access to an account
sale report and delivery details via Guardian or any successor system.
Buyers will have access to an invoice report and delivery details.
    A correction is also made in the Delivery Procedures to a reference
to a report provided in connection with the delivery of Swiss
Government Bond Futures Contracts.
    The amendments to the Complaint Resolution Procedures eliminate an
unnecessary reference to different categories of Clearing Members and
update contact details for making a complaint.
2. Statutory Basis
    ICE Clear Europe believes that the proposed rule change is
consistent with the requirements of Section 17A of the Act \5\ and the
regulations thereunder applicable to it, and is consistent with the
prompt and accurate clearance and settlement of securities transactions
and, to the extent applicable, derivative agreements, contracts and
transactions, the safeguarding of securities and funds in the custody
or control of ICE Clear Europe 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.\6\ The changes to the Delivery
Procedures for the Emissions Contracts and Cocoa Contracts are intended
to clarify the timing of certain requirements and update certain notice
and report procedures. As such, ICE Clear Europe believes that the
proposed rule change will generally enhance the operation of its
physical settlement processes for these contracts. ICE Clear Europe is
not otherwise changing its financial resources, risk management,
systems and operational arrangements that support clearing of these
contracts (and address physical delivery under these contracts). The
changes to the Complaint Resolution Procedure consist of non-
substantive clarifications. The proposed rule change is thus consistent
with the prompt and accurate clearance and settlement of derivative
agreements, contracts and transactions, and with the requirements of
Section 17A of the Act.\7\
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78q-1.
    \6\ 15 U.S.C. 78q-1(b)(3)(F).
    \7\ 15 U.S.C. 78q-1.
---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    ICE Clear Europe does not believe the proposed rule change would
have any impact, or impose any burden, on competition not necessary or
appropriate in furtherance of the Act. ICE Clear Europe is adopting the
amendments to the Delivery Procedures to clarify certain timing
requirements in connection with physical delivery under Emissions
Contracts, and to clarify certain other documentation requirements for
Emissions Contracts and Cocoa Contracts. ICE Clear Europe does not
believe that these operational changes will impose any significant
additional costs on Clearing Members or other market participants or
otherwise adversely affect Clearing Members or market participants. In
particular, the changes are not expected to affect access to clearing
in these products for Clearing Members or their customers. The changes
will apply to all Clearing Members clearing transactions in the
products, and accordingly are not expected to affect competition among
Clearing Members or the market for clearing services generally.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others

    Written comments relating to the proposed amendments have not been
solicited or received. ICE Clear Europe will notify the Commission of
any written comments received by ICE Clear Europe.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    The foregoing proposed rule change has become effective upon filing
pursuant to Section 19(b)(3)(A) \8\ of the Act and Rule 19b-4(f)(4)(i)
and (ii) \9\ thereunder. The Delivery Procedure Amendments effect a
change in an existing service of a registered clearing agency that
primarily affects the clearing operations of the clearing agency with
respect to products that are not securities, including futures that are
not security futures, swaps that are not security-based swaps or mixed
swaps, and forwards that are not security forwards, and does not
significantly affect any securities clearing operations of the clearing
agency or any rights or obligations of the clearing agency with respect
to securities clearing or persons using such securities-clearing
service. The Complaint Resolutions Procedures amendments do not
adversely affect the safeguarding of funds or securities in the custody
or control of ICE Clear Europe or for which it is responsible, and
further do not significantly affect the rights and obligations of ICE
Clear Europe or persons using its clearing service. At any time within
60 days of the filing of the proposed rule change, the Commission
summarily may temporarily suspend such rule change if it appears to the
Commission that such action is necessary or appropriate in the public
interest, for the protection of investors, or otherwise in furtherance
of the purposes of the Act.
---------------------------------------------------------------------------

    \8\ 15 U.S.C. 78s(b)(3)(A).
    \9\ 17 CFR 240.19b-4(f)(4)(i) and (ii).
---------------------------------------------------------------------------

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 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 Number SR-ICEEU-2015-012 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-ICEEU-2015-012. 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 filings will also be available
for inspection and copying at the principal office of ICE Clear Europe
and on ICE Clear Europe's Web site at https://www.theice.com/notices/clear-europe/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-ICEEU-2015-012 and should be submitted on or before July 27, 2015.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
---------------------------------------------------------------------------

    \10\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-16417 Filed 7-2-15; 8:45 am]
 BILLING CODE 8011-01-P


[Federal Register: February 22, 2006 (Volume 71, Number 35)]
[Notices]
[Page 9117-9118]
[DOCID:fr22fe06-87]

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ENVIRONMENTAL PROTECTION AGENCY

[EPA-HQ-OPP-2006-0079; FRL-7762-1]

Pesticide Products; Registration Applications

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice.

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SUMMARY: This notice announces receipt of applications to register
pesticide products containing new active ingredients not included in
any previously registered products pursuant to the provisions of
section 3(c)(4) of the Federal Insecticide, Fungicide, and Rodenticide
Act (FIFRA), as amended.

DATES: Comments must be received on or before March 24, 2006.

ADDRESSES: Submit your comments, identified by docket identification
(ID) number EPA-HQ-OPP-2006-0079, by one of the following methods:
     http://www.regulations.gov/. Follow the on-line

instructions for submitting comments.
     Mail: Public Information and Records Integrity Branch
(PIRIB) (7502C), Office of Pesticide Programs (OPP), Environmental
Protection Agency, 1200 Pennsylvania Ave., NW., Washington, DC 20460-
0001.
     Hand Delivery: Public Information and Records Integrity
Branch (PIRIB) (7502C), Office of Pesticide Programs (OPP),
Environmental Protection Agency, Rm. 119, Crystal Mall 2, 1801
S. Bell St., Arlington, VA, Attention: Docket ID number EPA-HQ-OPP-
2006-0079. The docket facility is open from 8:30 a.m. to 4 p.m., Monday
through Friday, excluding legal holidays. The telephone number for the
docket facility is<PHONE_NUMBER>. Such deliveries are only accepted
during the Docket's normal hours of operation, and special arrangements
should be made for deliveries of boxed information.
    Instructions: Direct your comments to docket ID number EPA-HQ-OPP-
2006-0079. EPA's policy is that all comments received will be included
in the public docket without change and may be made available on-line
at http://www.regulations.gov/, including any personal information

provided, unless the comment includes information claimed to be
Confidential Business Information (CBI) or other information whose
disclosure is restricted by statute. Do not submit information that you
consider to be CBI or otherwise protected through regulations.gov or e-
mail. The regulations.gov website is an ``anonymous access'' system,
which means EPA will not know your identity or contact information
unless you provide it in the body of your comment. If you send an e-
mail comment directly to EPA without going through regulations.gov,
your e-mail address will be captured automatically and included as part
of the comment that is placed in the public docket and made available
on the Internet. If you submit an electronic comment, EPA recommends
that you include your name and other contact information in the body of
your comment and with any disk or CD ROM you submit. If EPA cannot read
your comment due to technical difficulties and cannot contact you for
clarification, EPA may not be able to consider your comment. Electronic
files should avoid the use of special characters, any form of
encryption, and be free of any defects or viruses. For additional
information about EPA's public docket, visit the EPA Docket Center
homepage athttp://www.epa.gov/epahome/docket.htm/.

    Docket: All documents in the docket are listed in the
regulation.gov index. Although listed in the index, some information is
not publicly available, i.e., CBI or other information whose disclosure
is restricted by statute. Certain other material, such as copyrighted
material, will be publicly available only in hard copy. Publicly
available docket materials are available either electronically at
http://www.regulations.gov/ or in hard copy at the Public Information

and Records Integrity Branch (PIRIB) (7502C), Office of Pesticide
Programs (OPP), Environmental Protection Agency, Rm. 119, Crystal Mall
2, 1801 S. Bell St., Arlington, VA. The docket facility is
open from 8:30 a.m. to 4 p.m., Monday through Friday, excluding legal
holidays. The telephone number for the docket facility is (703) 305-
5805.

FOR FURTHER INFORMATION CONTACT: Mary L. Waller, Registration Division
(7505C), Office of Pesticide Programs, Environmental Protection Agency,
1200 Pennsylvania Ave., NW., Washington, DC 20460-0001; telephone
number:<PHONE_NUMBER>; e-mail<EMAIL_ADDRESS>
SUPPLEMENTARY INFORMATION:

I. General Information

A. Does this Action Apply to Me?

    You may be potentially affected by this action if you are an
agricultural producer, food manufacturer, or pesticide manufacturer.
Potentially affected entities may include, but are not limited to:
     Crop production (NAICS code 111).
     Animal production (NAICS code 112).
     Food manufacturing (NAICS code 311).
     Pesticide manufacturing (NAICS code 32532).
    This listing is not intended to be exhaustive, but rather provides
a guide for readers regarding entities likely to be affected by this
action. Other types of entities not listed in this unit could also be
affected. The North American Industrial Classification System (NAICS)
codes have been provided to assist you and others in determining
whether this action might apply to certain entities. If you have any
questions regarding the applicability of this action to a particular
entity, consult the person listed under FOR FURTHER INFORMATION
CONTACT.

B. What Should I Consider as I Prepare My Comments for EPA?

    1. Submitting CBI. Do not submit this information to EPA through
http://www.regulations.gov or e-mail. Clearly mark the part or all of the

information that you claim to be CBI. For CBI information in a disk or
CD ROM that you mail to EPA, mark the outside of the disk or CD ROM as
CBI and then identify electronically within the disk or CD ROM the
specific information that is claimed as CBI). In addition to one
complete version of the comment that includes information claimed as
CBI, a copy of the comment that does not contain the information
claimed as CBI must be submitted for inclusion in the public docket.
Information so marked will not be disclosed except in accordance with
procedures set forth in 40 CFR part 2.
    2. Tips for preparing your comments. When submitting comments,
remember to:
    i. Identify the document by docket number and other identifying
information (subject heading, Federal Register date and page number).
    ii. Follow directions. The agency may ask you to respond to
specific questions or organize comments by referencing a Code of
Federal Regulations (CFR) part or section number.
    iii. Explain why you agree or disagree; suggest alternatives and
substitute language for your requested changes.

    iv. Describe any assumptions and provide any technical information
and/or data that you used.
    v. If you estimate potential costs or burdens, explain how you
arrived at your estimate in sufficient detail to allow for it to be
reproduced.
    vi. Provide specific examples to illustrate your concerns, and
suggest alternatives.
    vii.Explain your views as clearly as possible, avoiding the use of
profanity or personal threats.
    viii. Make sure to submit your comments by the comment period
deadline identified.

II. Registration Applications

    EPA received applications as follows to register pesticide products
containing active ingredients not included in any previously registered
products pursuant to the provision of section 3(c)(4) of FIFRA. Notice
of receipt of these applications does not imply a decision by the
Agency on the applications.
    1. File Symbol: 66330-AN. Applicant: Arysta LifeSciences, North
America, 100 First St., Suite 1700, San Francisco, CA 94105. Product
name: Midas EC Gold. Active ingredients: Iodomethane at 33% and
Chloropicrin at 62%. Proposed classification/Use: For pre-plant
fumigation onto fields intended for commercial production of
strawberries, tomatoes, peppers and ornamental flowers, plants and
bushes, and for the control of soil-borne pests, including nematodes,
insects, weed and grass seeds, and diseases.
    2. File Symbol: 66330-LI. Applicant: Arysta LifeSciences, North
America, 100 First St., Suite 1700, San Francisco, CA 94105. Product
name: Midas EC Bronze. Active ingredients: Iodomethane at 50% and
Chloropicrin at 45%. Proposed classification/Use: For pre-plant
fumigation onto fields intended for commercial production of
strawberries, tomatoes, peppers and ornamental flowers, plants and
bushes, for the control of soil-borne pests, including nematodes,
insects, weed and grass seeds, and diseases.
    3. File Symbol: 66330-LO. Applicant: Arysta LifeSciences, North
America, 100 First St., Suite 1700, San Francisco, CA 94105. Product
name: Midas 33:67. Active ingredients: Iodomethane at 33% and
Chloropicrin at 67%. Proposed classification/Use: For pre-plant
fumigation onto fields intended for commercial production of
strawberries, tomatoes, peppers and ornamental flowers, plants and
bushes, and for the control of soil-borne pests, including nematodes,
insects, weed and grass seeds, and diseases.
    4. File Symbol: 66330-LT. Applicant: Arysta LifeSciences, North
America, 100 First St., Suite 1700, San Francisco, CA 94105. Product
name: Midas 50:50. Active ingredients: Iodomethane at 50% and
Chloropicrin at 50%. Proposed classification/Use: For pre-plant
fumigation onto fields intended for commercial production of
strawberries, tomatoes, peppers and ornamental flowers, plants and
bushes, and for the control of soil-borne pests, including nematodes,
insects, weed and grass seeds, and diseases.

List of Subjects

    Environmental protection, Pesticides and pest.

    Dated: February 7, 2006.
Lois Rossi,
Director, Registration Division, Office of Pesticide Programs.
[FR Doc. 06-1458 Filed 2-21-06; 8:45 am]

BILLING CODE 6560-50-S


Year State Species Metric TonsPounds $ 1980 Maryland WEAKFISH 257.7 568,200 133,692 1980 Virginia WEAKFISH 2,831.30 6,241,900 1,509,740 1981 Maryland WEAKFISH 153.5 338,500 135,720 1981 Virginia WEAKFISH 1,121.20 2,471,900 1,102,026 1982 Maryland WEAKFISH 113 249,200 113,063 1982 Virginia WEAKFISH 974.9 2,149,200 1,185,701 1983 Maryland WEAKFISH 176.9 390,000 175,231 1983 Virginia WEAKFISH 1,176.10 2,592,900 1,348,555 1984 Maryland WEAKFISH 147.4 325,000 149,938 1984 Virginia WEAKFISH 956.6 2,109,000 1,102,400 1985 Maryland WEAKFISH 143.4 316,110 182,018 1985 Virginia WEAKFISH 944.5 2,082,186 1,101,263 1986 Maryland WEAKFISH 152.7 336,700 176,698 1986 Virginia WEAKFISH 904.5 1,994,100 921,028 1987 Maryland WEAKFISH 166.4 366,900 234,262 1987 Virginia WEAKFISH 890.3 1,962,800 1,063,535 1988 Maryland WEAKFISH 377.7 832,600 328,098 1988 Virginia WEAKFISH 668.2 1,473,200 912,652 1989 Maryland WEAKFISH 337.4 743,800 520,910 1989 Virginia WEAKFISH 465 1,025,200 864,687 1990 Maryland WEAKFISH 300.4 662,361 445,554 1990 Virginia WEAKFISH 547.7 1,207,560 1,098,020 1991 Maryland WEAKFISH 148.9 328,251 230,769 1991 Virginia WEAKFISH 480.7 1,059,679 758,574 1992 Maryland WEAKFISH 174.8 385,426 210,536 1992 Virginia WEAKFISH 249.5 549,961 420,617 1993 Maryland WEAKFISH 82.5 181,863 147,037 1993 Virginia WEAKFISH 493.5 1,088,047 733,182 1994 Maryland WEAKFISH 63.9 140,907 130,708 1994 Virginia WEAKFISH 587.1 1,294,224 730,804 1995 Maryland WEAKFISH 31.5 69,417 60,400 1995 Virginia WEAKFISH 673.6 1,485,065 722,174 1996 Maryland WEAKFISH 60.2 132,795 102,777 1996 Virginia WEAKFISH 719.9 1,587,186 1,490,503 1997 Maryland WEAKFISH 87.4 192,634 83,711 1997 Virginia WEAKFISH 706.7 1,557,980 683,920 1998 Maryland WEAKFISH 110.9 244,467 113,420 1998 Virginia WEAKFISH 845.5 1,863,928 554,280 1999 Maryland WEAKFISH 101.4 223,455 130,027 1999 Virginia WEAKFISH 759.3 1,674,052 999,885 2000 Maryland WEAKFISH 94.5 208,315 112,956 2000 Virginia WEAKFISH 618.2 1,362,829 890,905 2001 Maryland WEAKFISH 84.3 185,815 98,639 2001 Virginia WEAKFISH 508.9 1,121,961 787,851 2002 Maryland WEAKFISH 50.5 111,391 74,674 2002 Virginia WEAKFISH 518.9 1,144,068 806,912 2003 Maryland WEAKFISH 21.5 47,409 40,412 2003 Virginia WEAKFISH 208.4 459,385 362,065


[Federal Register: March 22, 2010 (Volume 75, Number 54)]
[Notices]
[Page 13622-13623]
[DOCID:fr22mr10-121]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-61701; File No. SR-CBOE-2010-022]

Self-Regulatory Organizations; Chicago Board Options Exchange,
Incorporated; Notice of Filing and Immediate Effectiveness of a
Proposed Rule Change, as Modified by Amendment No. 1 Thereto, To Amend
Its Fees Schedule

March 12, 2010.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that
on February 26, 2010, the Chicago Board Options Exchange, Incorporated
(``CBOE'' or ``Exchange'') filed with the Securities and Exchange
Commission (``Commission'') the proposed rule change as described in
Items I, II, and III below, which Items have been prepared by the
Exchange. On March 9, 2010, CBOE filed Amendment No. 1 to the proposed
rule change. The Commission is publishing this notice to solicit
comments on the proposed rule change, as amended, from interested
persons.
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    \1\ 15 U.S.C.78s(b)(1).
    \2\ 17 CFR 240.19b-4.
---------------------------------------------------------------------------

I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to amend its Fees Schedule to modify its
routing charges. The text of the proposed rule change is available on
CBOE's Web site at http://www.cboe.org/legal, on the Commission's Web
site at http://www.sec.gov, at CBOE, and at the Commission's Public
Reference Room.

II. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

    In its filing with the Commission, the Exchange included statements
concerning the purpose of, and basis for, the proposed rule change and
discussed any comments it received on the proposed rule change. The
text of these statements may be examined at the places specified in
Item IV below. The Exchange has prepared summaries, set forth in
Sections A, B, and C below, of the most significant aspects of such
statements.

A. Self-Regulatory Organization's Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule Change

1. Purpose
    Currently, for any non-customer order routed to other exchanges
pursuant to the Options Order Protection and Locked/Crossed Market
Plan, CBOE assesses the following costs to the member that submitted
the non-customer order to CBOE: (i) A charge a $0.05 per contract
routing fee, (ii) a pass through of all related execution fees assessed
by the away exchange(s) (these are calculated on an order-by-order
basis since different away exchanges charge different amounts), and
(iii) CBOE's customary execution fees applicable to the order. The
routing fee helps offset costs incurred by the Exchange in connection
with using an unaffiliated broker-dealer to access other exchanges.
Passing through charges assessed by other exchanges for ``linkage''
executions and charging for related CBOE executions are appropriate
because non-customer order flow can route directly to those exchanges
if desired and the Exchange chooses not to absorb those costs at this
time.
    CBOE now seeks to simplify this fee by charging a flat $0.50 per
contract fee plus CBOE's customary execution fee applicable to the
order. This will eliminate the need to track away exchange transaction
fees which are constantly changing. The new fee will become effective
on March 1, 2010.
    CBOE notes that not all exchanges route on behalf of non-customer
orders, and that this function is an ``extra'' service provided by CBOE
to its members.\3\ Members are always free to route directly to other
markets or to specify that CBOE not route orders away on their behalf.
---------------------------------------------------------------------------

    \3\ For example, see Section VIII of Nasdaq OMX Phlx fee
schedule (http://www.nasdaqtrader.com/Micro.aspx?id=phlxpricing).
---------------------------------------------------------------------------

2. Statutory Basis
    The proposed rule change is consistent with Section 6(b) of the
Securities Exchange Act of 1934 (``Act''),\4\ in general, and furthers
the objectives of Section 6(b)(4) \5\ of the Act in particular, in that
it is designed to provide for the equitable allocation of reasonable
dues, fees, and other charges among CBOE members and other persons
using its facilities.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78f(b).
    \5\ 15 U.S.C. 78f(b)(4).

---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    CBOE does not believe that the proposed rule change will impose any
burden on competition not necessary or appropriate in furtherance of
the purposes of the Act.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others

    No written comments were solicited or received with respect to the
proposed rule change.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    The proposed rule change is designated by the Exchange as
establishing or changing a due, fee, or other charge, thereby
qualifying for effectiveness on filing pursuant to Section
19(b)(3)(A)(ii) \6\ of the Act and subparagraph (f)(2) of Rule 19b-4
\7\ thereunder.
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    \6\ 15 U.S.C. 78s(b)(3)(A)(ii).
    \7\ 17 CFR 240.19b-4(f)(2).
---------------------------------------------------------------------------

    At any time within 60 days of the filing of the proposed rule
change, the Commission may summarily abrogate such rule change if it
appears to the Commission that such action is necessary or appropriate
in the public interest, for the protection of investors, or otherwise
in furtherance of the purposes of the Act.

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 Comments

     Use the Commission's Internet comment form (http://
www.sec.gov/rules/sro.shtml); or
     Send an e-mail to<EMAIL_ADDRESS>Please include
File Number SR-CBOE-2010-022 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-CBOE-2010-022. This file
number should be included on the subject line if e-mail 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
a.m. and 3 p.m. Copies of such filing will also be available for
inspection and copying at the principal office of the Exchange. 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 No. SR-CBOE-2010-022 and should be
submitted on or before April 12, 2010.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-6148 Filed 3-19-10; 8:45 am]
BILLING CODE 8011-01-P