Notice2023-21780
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 Its Operational Risk and Resilience Policy
Primary source
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Published
October 3, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 190 (Tuesday, October 3, 2023)</title>
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[Federal Register Volume 88, Number 190 (Tuesday, October 3, 2023)]
[Notices]
[Page 68240]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-21780]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-98573; File No. SR-ICEEU-2023-021]
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 Its
Operational Risk and Resilience Policy
September 27, 2023.
On August 15, 2023, ICE Clear Europe Limited (``ICE Clear Europe'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change SR-ICEEU-2023-021 pursuant to Section 19(b) of the
Securities Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 19b-4
\2\ thereunder to amend its Operational Risk and Resilience Policy to
make certain updates and enhancements.\3\ On August 24, 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 September
5, 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 corrects the presentation of changes in
Exhibit 5 by reflecting the deletion of the prior ``Oversight of the
Policy'' section as part of the updated governance and oversight
provisions. This amendment was filed with the Commission on August
24, 2023.
\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 its Operational Risk and Resilience
Policy, Exchange Act Release No. 98237 (August 29, 2023); 88 FR
60727 (September 5, 2023) (SR-ICEEU-2023-021) (``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 20, 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 December 4, 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-
021.
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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. 2023-21780 Filed 10-2-23; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on October 3, 2023.
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