Notice2022-01964
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change To Enhance Capital Requirements and Make Other Changes
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 1, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 21 (Tuesday, February 1, 2022)</title>
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[Federal Register Volume 87, Number 21 (Tuesday, February 1, 2022)]
[Notices]
[Pages 5523-5524]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-01964]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-94066; File No. SR-FICC-2021-009]
Self-Regulatory Organizations; Fixed Income Clearing Corporation;
Notice of Designation of Longer Period for Commission Action on a
Proposed Rule Change To Enhance Capital Requirements and Make Other
Changes
January 26, 2022.
On December 13, 2021, Fixed Income Clearing Corporation (``FICC'')
filed with the Securities and Exchange Commission (``Commission'')
proposed rule change SR-FICC-2021-009 (the ``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 December 29,
2021,\3\ and the Commission received no comment letters regarding the
changes proposed in the Proposed Rule Change.
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 93857 (December 22,
2021), 86 FR 74130 (December 29, 2021) (File No. SR-FICC-2021-009).
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Section 19(b)(2) of the Act \4\ provides that, within 45 days of
the publication of notice of the filing of a proposed rule change, or
within such longer period up
[[Page 5524]]
to 90 days as the Commission may designate if it finds such longer
period to be appropriate and publishes its reasons for so finding or as
to which the self-regulatory organization consents, the Commission
shall either approve the proposed rule change, disapprove the proposed
rule change, or institute proceedings to determine whether the proposed
rule change should be disapproved. The 45th day after publication of
the notice for the Proposed Rule Change is February 12, 2022.
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\4\ 15 U.S.C. 78s(b)(2).
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The Commission is extending the 45-day period for Commission action
on the Proposed Rule Change. The Commission finds that it is
appropriate to designate a longer period within which to take action on
the Proposed Rule Change so that it has sufficient time to consider and
take action on the Proposed Rule Change.
Accordingly, pursuant to Section 19(b)(2) of the Act \5\ and for
the reasons stated above, the Commission designates March 29, 2022 as
the date by which the Commission shall either approve, disapprove, or
institute proceedings to determine whether to disapprove proposed rule
change SR-FICC-2021-009.
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\5\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\6\
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\6\ 17 CFR 200.30-3(a)(31).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-01964 Filed 1-31-22; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on February 1, 2022.
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