Notice2023-21621
Self-Regulatory Organizations; ICE Clear Europe Limited; Notice of Designation of Longer Period for Commission Action on Proposed Rule Change, as Modified by Amendment No. 1, Relating to Amendments to the Wind Down Framework and Plan
Primary source
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Published
October 2, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 189 (Monday, October 2, 2023)</title>
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[Federal Register Volume 88, Number 189 (Monday, October 2, 2023)]
[Notices]
[Page 67834]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21621]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-98536; File No. SR-ICEEU-2023-011]
Self-Regulatory Organizations; ICE Clear Europe Limited; Notice
of Designation of Longer Period for Commission Action on Proposed Rule
Change, as Modified by Amendment No. 1, Relating to Amendments to the
Wind Down Framework and Plan
September 26, 2023.
On August 11, 2023, ICE Clear Europe Limited (``ICE Clear Europe'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change SR-ICEEU-2023-011 pursuant to Section 19(b) of the
Securities Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 19b-4
\2\ thereunder to amend its Wind Down Framework and Plan to make
certain updates and enhancements.\3\ On August 22, 2023, ICE Clear
Europe filed Amendment No. 1 to the proposed rule change to make
certain changes to the Exhibits 5.\4\ The proposed rule change, as
modified by Amendment No. 1 (hereafter ``the Proposed Rule Change''),
was published for public comment in the Federal Register on August 30,
2023.\5\ The Commission has not received comments regarding the
proposal described 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 Notice of Filing infra note 5, 88 FR 60001.
\4\ Amendment No. 1 updates the Exhibit 5 to correct the
presentation of three of the proposed changes to the Wind Down
Framework and Plan that were filed with the Commission on August 11,
2023. The proposed rule change includes an Exhibit 4. Exhibit 4
shows the change that Amendment No. 1 makes to the Exhibit 5.
\5\ Self-Regulatory Organizations; ICE Clear Europe Limited;
Notice of Filing of Proposed Rule Change, as Modified by Amendment
No. 1, Relating to Amendments to the Wind Down Framework and Plan,
Exchange Act Release No. 34-98217 (August 24, 2023); 88 FR 60001
(August 30, 2023) (SR-ICEEU-2023-011) (``Notice'').
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Section 19(b)(2) of the Exchange Act \6\ provides that, within 45
days of the publication of notice of the filing of a proposed rule
change, or within such longer period up 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 of
Filing is October 14, 2023. The Commission is extending this 45-day
time period.
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\6\ 15 U.S.C. 78s(b)(2).
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In order to provide the Commission with sufficient time to consider
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.
Accordingly, the Commission, pursuant to Section 19(b)(2) of the
Exchange Act,\7\ designates November 28, 2023, as the date by which the
Commission shall either approve, disapprove, or institute proceedings
to determine whether to disapprove proposed rule change SR-ICEEU-2023-
011.
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\7\ Id.
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
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\8\ 17 CFR 200.30-3(a)(31).
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Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-21621 Filed 9-29-23; 8:45 am]
BILLING CODE 8011-01-P
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