[Federal Register Volume 86, Number 119 (Thursday, June 24, 2021)]
[Notices]
[Page 33265]
[FR Doc No: 2021-13297]

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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Notice of Commission Closing and Filing Deadlines

    Take notice that on Friday, June 18, 2021, the Federal Energy
Regulatory Commission will be closed in observance of Juneteenth
National Independence Day.
    On June 17, 2021, the President of the United States signed into
law the Juneteenth National Independence Day Act, establishing June 19
as a federal holiday. Because June 19, 2021, falls on a Saturday, the
holiday will be observed this year on June 18, 2021.
    In accordance with section 385.2007 of the Commission's rules, 18
CFR 385.2007 (2020), all filings and documents due to be filed on
Friday, June 18, 2021, will be accepted as timely on the next official
business day.

    Dated: June 17, 2021.
Kimberly D. Bose,
Secretary.
[FR Doc. 2021-13297 Filed 6-23-21; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 75, Number 241 (Thursday, December 16, 2010)]
[Rules and Regulations]
[Pages 78594-78596]
[FR Doc No: 2010-31384]

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

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2009-0430; Directorate Identifier 2008-NM-148-AD;
Amendment 39-16540; AD 2010-26-01]
RIN 2120-AA64

Airworthiness Directives; The Boeing Company Model 777-200 Series
Airplanes

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Final rule.

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

SUMMARY: We are adopting a new airworthiness directive (AD) for certain
Model 777-200 series airplanes. This AD requires installing a new
insulation blanket on the latch beam firewall of each thrust reverser
(T/R) half. This AD results from an in-flight shutdown due to an engine
fire indication; an under-cowl engine fire was extinguished after
landing. The cause of the fire was uncontained failure of the starter
in the engine core compartment; the fire progressed into the latch beam
cavity and was fueled by oil from a damaged integrated drive generator
oil line. We are issuing this AD to prevent a fire from entering the
cowl or strut area, which could weaken T/R parts and result in reduced
structural integrity of the T/R, possible separation of T/R parts
during flight, and consequent damage to the airplane and injury to
people or damage to property on the ground.

DATES: This AD is effective January 20, 2011.
    The Director of the Federal Register approved the incorporation by
reference of a certain publication listed in the AD as of January 20,
2011.

ADDRESSES: For service information identified in this AD, contact
Boeing Commercial Airplanes, Attention: Data & Services Management,
P.O. Box 3707, MC 2H-65, Seattle, Washington 98124-2207; telephone 206-
544-5000, extension 1; fax<PHONE_NUMBER>; e-mail<EMAIL_ADDRESS>
Internet https://www.myboeingfleet.com.

Examining the AD Docket

    You may examine the AD docket on the Internet at http://www.regulations.gov; or in person at the Docket Management Facility
between 9 a.m. and 5 p.m., Monday through Friday, except Federal
holidays. The AD docket contains this AD, the regulatory evaluation,
any comments received, and other information. The address for the
Docket Office (telephone<PHONE_NUMBER>) is the Document Management
Facility, U.S. Department of Transportation, Docket Operations, M-30,
West Building Ground Floor, Room W12-140, 1200 New Jersey Avenue, SE.,
Washington, DC 20590.

FOR FURTHER INFORMATION CONTACT: Margaret Langsted, Aerospace Engineer,
Propulsion Branch, ANM-140S, FAA, Seattle Aircraft Certification
Office, 1601 Lind Avenue SW., Renton, Washington 98057-3356; telephone
(425) 917-6500; fax<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Discussion

    We issued a notice of proposed rulemaking (NPRM) to amend 14 CFR
part 39 to include an airworthiness directive (AD) that would apply to
certain Boeing Model 777-200 series airplanes. That NPRM was published
in the Federal Register on May 7, 2009 (74 FR 21284). That NPRM
proposed to require installing a new insulation blanket on the latch
beam firewall of each thrust reverser (T/R) half.

Relevant Service Information

    Since we issued the NPRM, we have reviewed Boeing Alert Service
Bulletin 777-78A0066, Revision 2, dated April 8, 2010. Boeing Service
Bulletin 777-78A0066, Revision 1, dated March 12, 2009, was referred to
in the original NPRM as the appropriate source of service information
for accomplishing the proposed actions. No more work is necessary for
airplanes on which Revision 1 of this service bulletin was used for
doing the actions. Boeing Alert Service Bulletin 777-78A0066, Revision
2, dated April 8, 2010, moves certain airplanes to Group 1, and
contains minor editorial changes.
    We have revised paragraphs (c) and (g) of this AD to refer to
Revision 2 of Boeing Alert Service Bulletin 777-78A0066, Revision 2,
dated April 8, 2010, and paragraph (h) to add credit for accomplishing
the specified actions in accordance with Boeing Service Bulletin 777-
78A0066, Revision 1, dated March 12, 2009.

Comments

    We gave the public the opportunity to participate in developing
this AD. We considered the comments received.

Request To Clarify Description of Unsafe Condition

    Boeing asked that we clarify the description of the unsafe
condition by removing the words ``or strut'' from the identified
description. Boeing stated that the unsafe condition, as currently
written, is not correct. Boeing did not provide the reason that the
description is not correct.
    We disagree that the description of the unsafe condition should be
clarified by removing ``or strut'' from the description. A fire in the
lower latch beam area that burns through an inadequate firewall may
propagate into the strut. We have made no change to the AD in this
regard.

Request To Clarify Applicability

    Japan Airlines International (JALI) asked for clarification of the
applicability specified in the NPRM. JALI stated that the applicability
specifies Model 777-200 series airplanes identified in Boeing Service
Bulletin 777-78A0066, Revision 1, dated March 12, 2009. JALI noted that
the service bulletin specifies its effectivity as delivered condition,
and the proposed rule is considered to be applicable to each T/R half
that has been installed on airplanes with the applicable serial
numbers. JALI added that the T/R half is a replaceable line unit and
the installed airplane and/or engine position will be changed from the
delivered condition in the future; the T/R half that is not necessary
for doing the requirements in the NPRM may be installed on an airplane
identified in the applicability.
    JALI stated that, in light of these factors, it is not clear
whether compliance with the specified actions has been met. JALI asked
that we clarify the applicability either to note that the NPRM does not
apply to airplanes on which a T/R is installed with a design change
known as ``Commonality T/R,'' which is common to Model 777-300 series
airplanes, or to change the

airplane serial numbers to T/R part numbers or serial numbers.
    We do not agree that the effectivity specified in Boeing Service
Bulletin 777-78A0066, Revision 1, dated March 12, 2009, could apply to
an airplane that has an incorrect T/R configuration because the T/R is
a line replaceable unit and is not identified in the effectivity. The
manufacturer has informed us that for airplanes not identified in
Revision 1 or Revision 2 of this service bulletin, the specified T/R
configuration is not an approved configuration. We have determined that
it is not possible to install the T/R with the unsafe condition on
airplanes that were manufactured after line number 413; therefore, the
AD does not apply to those airplanes. We have made no change to the AD
in this regard.

Request To Include Part Number and Compliance Status for T/R Halves

    JALI asked that we include the applicable part numbers of each T/R
half and add a procedure in the NPRM to reidentify the parts as the
part numbers change. JALI added that this change to the NPRM would
include indicating the service bulletin number or adding a suffix to
the serial number on the ID plate for each T/R so operators can easily
track the applicable part number and compliance status for each T/R
half. JALI noted that there is nothing identified in the service
bulletin, and the only way for operators to identify the applicable
part number and compliance status of each T/R half is by reviewing the
maintenance record. JALI added that this would be burdensome for
operators.
    We agree that the part numbers of each T/R half should be included
in the service information and a procedure should be added to
reidentify the parts as the part numbers change. Boeing Alert Service
Bulletin 777-78A0066, Revision 2, dated April 8, 2010, includes the
part marking provision. As stated previously, we have revised paragraph
(c) of this AD (i.e., the AD applicability) to refer to Revision 2 of
this service bulletin. Therefore, we have made no further change to the
AD in this regard.

Explanation of Changes Made to This AD

    We have revised this AD to identify the legal name of the
manufacturer as published in the most recent type certificate data
sheet for the affected airplane models.

Conclusion

    We reviewed the relevant data, considered the comments received,
and determined that air safety and the public interest require adopting
the AD with the changes described previously. We also determined that
these changes will not increase the economic burden on any operator or
increase the scope of the AD.

Explanation of Change to Costs of Compliance

    Since issuance of the original NPRM, we have increased the labor
rate used in the Costs of Compliance from $80 per work-hour to $85 per
work-hour. The Costs of Compliance information, below, reflects this
increase in the specified hourly labor rate.

Costs of Compliance

    We estimate that this AD affects 25 airplanes of U.S. registry. We
also estimate that it will take about 7 work-hours per product to
comply with this AD. The average labor rate is $85 per work-hour.
Required parts will cost between $3,546 and $5,253 per product. Based
on these figures, we estimate the cost of this AD to the U.S. operators
to be between $103,525 and $146,200, or between $4,141 and $5,848 per
product.

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. 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.
    We are issuing this rulemaking under the authority described in
``Subtitle VII, Part A, Subpart III, Section 44701: General
requirements.'' Under that section, Congress charges the FAA with
promoting safe flight of civil aircraft in air commerce by prescribing
regulations for practices, methods, and procedures the Administrator
finds necessary for safety in air commerce. This regulation is within
the scope of that authority because it addresses an unsafe condition
that is likely to exist or develop on products identified in this
rulemaking action.

Regulatory Findings

    This AD will not have federalism implications under Executive Order
13132. This AD will not have a substantial direct effect on the States,
on the relationship between the national government and the States, or
on the distribution of power and responsibilities among the various
levels of government.
    For the reasons discussed above, I certify that this AD:
    (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) Will not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.
    You can find our regulatory evaluation and the estimated costs of
compliance in the AD Docket.

List of Subjects in 14 CFR Part 39

    Air transportation, Aircraft, Aviation safety, Incorporation by
reference, Safety.

Adoption of the Amendment

0
Accordingly, under the authority delegated to me by the Administrator,
the FAA amends 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

0
1. The authority citation for part 39 continues to read as follows:

    Authority: 49 U.S.C. 106(g), 40113, 44701.

Sec.  39.13  [Amended]

0
2. The FAA amends Sec.  39.13 by adding the following new AD:

2010-26-01 The Boeing Company: Amendment 39-16540. Docket No. FAA-
2009-0430; Directorate Identifier 2008-NM-148-AD.

Effective Date

    (a) This airworthiness directive (AD) is effective January 20,
2011.

Affected ADs

    (b) None.

Applicability

    (c) This AD applies to The Boeing Company Model 777-200 series
airplanes, certificated in any category; as identified in Boeing
Alert Service Bulletin 777-78A0066, Revision 2, dated April 8, 2010.

Unsafe Condition

    (d) This AD results from an in-flight shutdown due to an engine
fire indication; an under-cowl engine fire was extinguished after
landing. The cause of the fire was uncontained failure of the
starter in the engine core compartment; the fire progressed into the
latch beam cavity and was fueled by oil from a damaged integrated
drive generator oil line. We are issuing this AD to prevent a fire
from entering the cowl or strut area, which could weaken thrust
reverser (T/R) parts and result in reduced structural integrity of
the T/R, possible separation of T/R parts during flight, and
consequent damage to the airplane and injury to people or damage to
property on the ground.

Subject

    (e) Air Transport Association (ATA) of America Code 78: Exhaust.

Compliance

    (f) Comply with this AD within the compliance times specified,
unless already done.

Installation of Insulation Blanket

    (g) Within 60 months or 4,500 flight cycles after the effective
date of this AD, whichever is first: Install a new insulation
blanket on the latch beam firewall of each T/R half by doing all the
applicable actions specified in the Accomplishment Instructions of
Boeing Alert Service Bulletin 777-78A0066, Revision 2, dated April
8, 2010.

Credit for Actions Accomplished in Accordance With Previous Service
Information

    (h) Actions done before the effective date of this AD in
accordance with Boeing Alert Service Bulletin 777-78A0066, dated
June 5, 2008; or Boeing Service Bulletin 777-78A0066, Revision 1,
dated March 12, 2009; are acceptable for compliance with the
corresponding requirements of paragraph (g) of this AD.

Alternative Methods of Compliance (AMOCs)

    (i)(1) The Manager, Seattle Aircraft Certification Office (ACO),
FAA, has the authority to approve AMOCs for this AD, if requested
using the procedures found in 14 CFR 39.19. Send information to
Attn: Margaret Langsted, Aerospace Engineer, Propulsion Branch, ANM-
140S, FAA, Seattle ACO, 1601 Lind Avenue SW., Renton, Washington
98057-3356; telephone<PHONE_NUMBER>; fax<PHONE_NUMBER>. Or, e-mail
information to<EMAIL_ADDRESS>    (2) To request a different method of compliance or a different
compliance time for this AD, follow the procedures in 14 CFR 39.19.
Before using any approved AMOC on any airplane to which the AMOC
applies, notify your principal maintenance inspector (PMI) or
principal avionics inspector (PAI), as appropriate, or lacking a
principal inspector, your local Flight Standards District Office.
The AMOC approval letter must specifically reference this AD.

Material Incorporated by Reference

    (j) You must use Boeing Alert Service Bulletin 777-78A0066,
Revision 2, dated April 8, 2010, to do the actions required by this
AD, unless the AD specifies otherwise.
    (1) The Director of the Federal Register approved the
incorporation by reference of this service information under 5
U.S.C. 552(a) and 1 CFR part 51.
    (2) For service information identified in this AD, contact
Boeing Commercial Airplanes, Attention: Data & Services Management,
P. O. Box 3707, MC 2H-65, Seattle, Washington 98124-2207; telephone
206-544-5000, extension 1; fax<PHONE_NUMBER>; e-mail
<EMAIL_ADDRESS>Internet https://www.myboeingfleet.com.
    (3) You may review copies of the service information at the FAA,
Transport Airplane Directorate, 1601 Lind Avenue SW., Renton,
Washington. For information on the availability of this material at
the FAA, call<PHONE_NUMBER>.
    (4) You may also review copies of the service information that
is incorporated by reference at the National Archives and Records
Administration (NARA). For information on the availability of this
material at NARA, call<PHONE_NUMBER>, or go to: http://www.archives.gov/federal_register/code_of_federal_regulations/ibr_locations.html.

    Issued in Renton, Washington, on December 3, 2010.
Jeffrey E. Duven,
Acting Manager, Transport Airplane Directorate, Aircraft Certification
Service.
[FR Doc. 2010-31384 Filed 12-15-10; 8:45 am]
BILLING CODE 4910-13-P


[Federal Register Volume 83, Number 16 (Wednesday, January 24, 2018)]
[Notices]
[Page 3389]
[FR Doc No: 2018-01301]

=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

Notice of Intent of Waiver With Respect to Land; Bolton Field
Airport, Columbus, OH

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice.

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

SUMMARY: The FAA is considering a proposal to change 2.128 acres of
airport land from aeronautical use to non-aeronautical use and to
authorize the lease of airport property located at Bolton Field
Airport, Columbus, OH. The aforementioned land is not needed for
aeronautical use. The property is located in the northeast corner of
the airport adjacent to the existing Columbus State Community College
Building. The property is currently designated as aeronautical use for
future hangar development. The proposed non-aeronautical use of the
property is for the expansion of the Columbus State Community College
Campus for the construction of a Fire Science Training Facility.

DATES: Comments must be received on or before February 23, 2018.

ADDRESSES: Documents are available for review by appointment at the FAA
Detroit Airports District Office, Evonne M. McBurrows, Program Manager,
11677 South Wayne Road, Suite 107, Romulus, Michigan, 48174 Telephone:
(734) 229-2900/Fax:<PHONE_NUMBER> and Columbus Regional Airport
Authority, 4600 International Gateway, Columbus, Ohio, and (614) 239-
4000.
    Written comments on the Sponsor's request must be delivered or
mailed to: Evonne M. McBurrows, Program Manager, Federal Aviation
Administration, Detroit Airports District Office, 11677 South Wayne
Road, Suite 107, Romulus, Michigan, 48174, Telephone Number: (734) 229-
2900/FAX Number:<PHONE_NUMBER>.

FOR FURTHER INFORMATION CONTACT: Evonne M. McBurrows, Program Manager,
Federal Aviation Administration, Detroit Airports District Office,
11677 South Wayne Road, Suite 107, Romulus, Michigan, 48174. Telephone
Number:<PHONE_NUMBER>/FAX Number:<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: In accordance with section 47107(h) of Title
49, United States Code, this notice is required to be published in the
Federal Register 30 days before modifying the land-use assurance that
requires the property to be used for an aeronautical purpose.
    The property is currently designated as aeronautical use for future
corporate hangar development. This parcel of land (2.128 acres) was
acquired with Airport Improvement Program (AIP) funds under AIP federal
project number 8-39-0026-01. Columbus Regional Airport Authority (CRAA)
proposed non-aeronautical use is for the expansion of Columbus State
Community College (CSCC) campus which consists of construction of a
Fire Science Training Facility. CRAA will lease the land to CSCC for 25
years and receive fair market value (FMV) for the duration of the
lease.
    The disposition of proceeds from the lease of the airport property
will be in accordance with FAA's Policy and Procedures Concerning the
Use of Airport Revenue, published in the Federal Register on February
16, 1999 (64 FR 7696).
    This notice announces that the FAA is considering the release of
the subject airport property at the Bolton Field Airport, Columbus, OH
from its obligations to be maintained for aeronautical purposes.
Approval does not constitute a commitment by the FAA to financially
assist in the change in use of the subject airport property nor a
determination of eligibility for grant-in-aid funding from the FAA.

Property Legal Description

    Situate in the State of Ohio, County of Franklin, City of Columbus,
lying in Survey No. 3026 of the Virginia Military District, being a
part of the 380.25 acre tract conveyed as Tracts 22, 23, 24, 25, & 30
to Columbus Regional Airport Authority by deed of record in Instrument
Number<PHONE_NUMBER>21193, (all records of the Recorder's Office, Franklin
County, Ohio) and being more particularly described as follows;
    Begin for reference at Franklin County Engineer Monument FCGS 5144
found at the centerline intersection of Lone Eagle Street (60 feet in
width) dedicated by Plat Book 50, Page 9 and Alkire Road (varies in
width);
    Thence South 87[deg]12'43'' East, a distance of 564.70 feet, along
the centerline of Alkire Road to a magnetic nail set at the
northwesterly corner of 6.811 acre Lease Area to Columbus State
Community College;
    Thence South 01[deg]20'47'' West, a distance of 389.90 feet, across
the said 380.25 acre tract along the westerly line of the said 6.811
acre Lease Area, passing a \3/4\ inch iron pipe found at 30.00 feet, to
a \3/4\ inch iron pipe set at the Point of True Beginning for the
herein described tract;
    Thence the following courses and distances across the 380.25 acre
tract:
    1. South 01[deg]20'47'' West, a distance of 556.65 feet, to a \3/4\
inch iron pipe set;
    2. North 57[deg]51'58'' West, a distance of 215.37 feet, to a \3/4\
inch iron pipe set;
    3. North 01[deg]20'47'' East, a distance of 445.56 feet, to a \3/4\
inch iron pipe set;
    4. South 88[deg]55'01'' East, a distance of 185.02 feet, to the
Point of True Beginning, containing 2.128 acres, more or less. Being
subject to all easements, restrictions and rights-of-way of record.

    Issued in Romulus, Michigan, on January 4, 2018.
John L. Mayfield, Jr.,
Manager, Detroit Airports District Office, FAA, Great Lakes Region.
[FR Doc. 2018-01301 Filed 1-23-18; 8:45 am]
 BILLING CODE 4910-13-P


[Federal Register Volume 77, Number 82 (Friday, April 27, 2012)]
[Notices]
[Pages 25215-25216]
[FR Doc No: 2012-10159]

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

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-66847; File No. SR-CME-2012-12]

Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.;
Notice of Filing and Immediate Effectiveness of Proposed Rule Change To
Amend Rules Regarding Clearing Member Anti-Money Laundering Programs

April 23, 2012.
    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 April 9, 2012, Chicago Mercantile Exchange Inc. (``CME'') filed with
the Securities and Exchange Commission (``Commission'') the proposed
rule change described in Items I, II and III below, which items have
been prepared primarily by CME. CME filed the proposed rule change
pursuant to Section 19(b)(3)(A) \3\ of the Act and Rule 19b-4(f)(1) \4\
thereunder so that the proposed rule change was effective upon filing
with the Commission.
---------------------------------------------------------------------------

    \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)(1).
---------------------------------------------------------------------------

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

    The text of the proposed rule change is below. Italicized text
indicates additions; bracketed text indicates deletions.
* * * * *
CHICAGO MERCANTILE EXCHANGE INC. RULEBOOK
Rule 100-980--No Change.
* * * * *
Chapter 9. Clearing Members

Rule 981. ANTI-MONEY LAUNDERING AND ECONOMIC SANCTIONS COMPLIANCE
    Each clearing member shall develop and implement a written [anti-
money laundering] compliance program approved in writing by senior
management reasonably designed to achieve and monitor the clearing
member's compliance with [the] all applicable requirements of the Bank
Secrecy Act (31 U.S.C. Sec.   5311 et[.] seq.), the International
Emergency Economic Powers Act (50 U.S.C. Sec.  1701 et seq.)
(``IEEPA''), the Trading with the Enemy Act (50 U.S.C. App. Sec.  1 et
seq.) (``TWEA''), and the Executive Orders and [the implementing]
regulations issued pursuant thereto, including the regulations issued
[promulgated thereunder] by the U.S. Department of the Treasury and, as
applicable, the Commodity Futures Trading Commission. That [anti-money
laundering] compliance program shall, at a minimum,
    1. Establish and implement policies, procedures and internal
controls reasonably designed to assure compliance with [the] all
applicable provisions of the Bank Secrecy Act, IEEPA, TWEA, and all
applicable Executive Orders and regulations issued pursuant thereto
[the implementing regulations thereunder];
    2. Provide for independent testing for compliance to be conducted
by clearing member personnel or by a qualified outside party;
    3. Designate an individual or individuals responsible for
implementing and monitoring the day-to-day operations and internal
controls of the program; and
    4. Provide ongoing training for appropriate personnel.
    Clearing members must also supervise and ensure that their
guaranteed introducing brokers are in compliance with the [anti-money
laundering] provisions contained in this Rule.
* * * * *
Rule 981-End--No change
* * * * *

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

    In its filing with the Commission, CME included statements
concerning the purpose 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. CME 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 Purpose of, and
Statutory Basis for, the Proposed Rule Change

    CME proposes to adopt certain rule changes to CME Rule 981, which
deals with CME clearing member anti-money laundering (``AML'')
compliance programs. At present, CME Rule 981 requires clearing members
to develop and implement a written AML program reasonably designed to
achieve compliance with applicable requirements of the Bank Secrecy Act
(31 U.S.C. 5311, et seq.). CME proposes to revise Rule 981 to further
require clearing members to have a written AML compliance program
reasonably designed to achieve compliance with the International
Emergency Economic Powers Act (50 U.S.C. 1701, et seq.), the Trading
with the Enemy Act (50 U.S.C. App. 1, et seq.), and Executive Orders
and regulations issued thereunder.
    These amendments would therefore expand Rule 981 to encompass all
applicable Office of Foreign Asset Control (OFAC) sanctions programs.
OFAC administers and enforces economic and trade sanctions based on
U.S. foreign policy and national security goals against targeted
foreign countries and regimes, terrorists, international narcotics
traffickers, those engaged in activities related to the proliferation
of weapons of mass destruction, and other threats to the national
security, foreign policy, or economy of the United States. OFAC acts
under Presidential national emergency powers, as well as authority
granted by specific legislation, to impose controls on transactions and
freeze assets under U.S. jurisdiction. OFAC sanctions are broad and
extraterritorial in scope and all investments and transactions in the
U.S., or involving U.S. persons or corporations, must comply.
    The proposed rule change that is the subject of this filing will
become immediately effective upon filing. CME notes that it has also
certified the proposed rule change that is the subject of this filing
to its primary regulator, the Commodity Futures Trading Commission. The
text of the CME proposed rule amendment is listed above with additions
italicized and deletions in brackets.
    The proposed CME rule amendment is designed to ensure that CME has
in place appropriate eligibility standards by ensuring that clearing
members have AML compliance programs that address all applicable
requirements. The amendment simply expands existing CME Rule 981 to
encompass all applicable OFAC sanctions programs. As such, the proposed
amendments constitute a stated policy, practice, or interpretation with
respect to the meaning, administration, or enforcement of an existing
CME rule. Therefore, the proposed rule change is therefore properly
filed under Section 19(b)(3)(A) and Rule 19b-4(f)(1) thereunder of the
Act.

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

    CME does not believe that the proposed rule change will have any
impact or impose any burden on competition.

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

    CME has not solicited and does not intend to solicit comments
regarding this proposed rule change. CME has not received any
unsolicited written comments from interested parties.

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

    The foregoing rule change was filed pursuant to Section 19(b)(3)(A)
of the Act and paragraph (f)(1) of Rule 19b-4 thereunder and therefore
became effective on filing. At any time within sixty days of the filing
of such 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.

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 may be submitted by using 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-CME-2012-12 on the subject line.
     Paper comments should be sent in triplicate to Elizabeth
M. Murphy, Secretary, Securities and Exchange Commission, 100 F Street
NE., Washington, DC 20549-1090.
    All submissions should refer to File Number SR-CME-2012-12. 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
a.m. and 3 p.m. Copies of such filing also will be available for
inspection and copying at the principal office of CME and on CME's Web
site at http://www.cmegroup.com/market-regulation/files/SEC_19b-4_12-12.pdf. 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-CME-2012-12 and
should be submitted on or before May 18, 2012.
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\5\
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-10159 Filed 4-26-12; 8:45 am]
BILLING CODE 8011-01-P