Federal Register / Vol. 77, No. 51 / Thursday, March 15, 2012 / Notices 15447 

8 15 U.S.C. 78s(b)(3)(A). 

9 17 CFR 240.19b–4(f)(6). 

10 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3 15 U.S.C. 78s(b)(3)(A)(ii). 

4 17 CFR 240.19b–4(f)(2). 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Because the foregoing proposed rule 

change does not: (i) Significantly affect 

the protection of investors or the public 

interest; (ii) impose any significant 

burden on competition; and (iii) become 

operative for 30 days from the date on 

which it was filed, or such shorter time 

as the Commission may designate, it has 

become effective pursuant to Section 

19(b)(3)(A) of the Act 8 and Rule 19b– 

4(f)(6) thereunder.9

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. If the 

Commission takes such action, the 

Commission shall institute proceedings 

to determine whether the proposed rule 

should be approved or disapproved. 

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 rulecomments@sec.gov. Please include File 

Number SR–FINRA–2012–017 on the 

subject line. 

Paper Comments 

• Send paper comments 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–FINRA–2012–017. 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 

FINRA. 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–FINRA–2012–017 and 

should be submitted on or before April 

5, 2012. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.10

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–6233 Filed 3–14–12; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–66554; File No. SR–CME– 

2012–04] 

Self-Regulatory Organizations; 

Chicago Mercantile Exchange, Inc.; 

Notice of Filing and Immediate 

Effectiveness of Proposed Rule 

Change To Amend the Fee Schedule 

Applicable to Its OTC Interest Rate 

Swap Clearing Offering 

March 9, 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 March 1, 

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)(ii) 3 of 

the Act and Rule 19b–4(f)(2) 4

thereunder. 

I. Self-Regulatory Organization’s 

Statement of Terms of Substance of the 

Proposed Rule Change 

CME is proposing to amend the fee 

schedule that currently applies to its 

OTC Interest Rate Swap clearing 

offering. The text of the proposed 

changes is attached as Exhibit 5 to the 

proposed rule change, which is 

available on CME’s Web site at http:// 

www.cmegroup.com/market-regulation/ 

rule-filings.html. 

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 currently offers clearing for 

certain OTC Interest Rate Swap 

products. The filing proposes to amend 

the current fee schedule that applies to 

CME’s OTC Interest Rate Swap (‘‘IRS’’) 

clearing fees. The proposed changes are 

related to fees and therefore will become 

effective immediately. However, the 

proposed fee changes will become 

operative as of March 12, 2012, and by 

their terms will expire on September 30, 

2012. 

The proposed fee changes will 

temporarily modify CME’s current OTC 

IRS clearing fee schedule so that all 

house accounts of CME IRS Clearing 

Members will be charged a flat fee of 

$250 per ticket on a preallocation basis 

between March 12, 2012, and September 

30, 2012, for any trades accepted for 

clearing where the effective date of the 

trade is prior to the date the trade was 

accepted for clearing (‘‘backloaded 

trades’’). The temporary fee rates will 

apply to all CME IRS Clearing members 

submitting backloaded trades to CME 

for clearing during the applicable time 

period. 

CME believes the temporary 

modification to the CME IRS Fee 

Schedule will encourage IRS Clearing 

members to submit additional volume 

into the system to ensure readiness and 

help build open interest ahead of a 

regulatory mandate. 

CME has also certified the proposed 

rule changes that are the subject of this 


srobinson on DSK4SPTVN1PROD with NOTICES
15448 Federal Register / Vol. 77, No. 51 / Thursday, March 15, 2012 / Notices 

5 17 CFR 200.30–3(a)(12). 

filing to its primary regulator, the 

Commodity Futures Trading 

Commission (‘‘CFTC’’). 

The proposed CME rule amendments 

establish or change a member due, fee, 

or other charge imposed by CME and 

therefore fall under Section 

19(b)(3)(A)(ii) of the Act and Rule 19b– 

4(f)(2) thereunder. CME believes that the 

proposed rule change is consistent with 

the requirements of the Act and the 

rules and regulations thereunder and in 

particular, with Section 17A(b)(3)(D) in 

that it provides for the equitable 

allocation of reasonable dues, fees, and 

other charges among participants. CME 

notes that it operates in a highly 

competitive market in which market 

participants can readily direct business 

to competing venues. 

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)(ii) of the 

Act and paragraph (f)(2) of Rule 19b–4 

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 rule-comments@sec.gov. 

Please include File No. SR–CME–2012– 

04 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–2012–04. 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. 

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–2012–04 and should 

be submitted on or before April 5, 2012. 

For the Commission by the Division of 

Trading and Markets, pursuant to delegated 

authority.5

Kevin M. O’Neill, 

Deputy Secretary. 

[FR Doc. 2012–6232 Filed 3–14–12; 8:45 am] 

BILLING CODE 8011–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

Twelfth Meeting: RTCA Special 

Committee 224, Airport Security 

Access Control Systems 

AGENCY: Federal Aviation 

Administration (FAA), U.S. Department 

of Transportation (DOT). 

ACTION: Notice of meeting RTCA Special 

Committee 224, Airport Security Access 

Control Systems. 

SUMMARY: The FAA is issuing this notice 

to advise the public of the twelfth 

meeting of RTCA Special Committee 

224, Airport Security Access Control 

Systems 

DATES: The meeting will be held April 

5, 2012, from 10 a.m.–4 p.m. 

ADDRESSES: The meeting will be held at 

RTCA, Inc., 1150 18th Street NW., Suite 

910, Washington, DC, 20036. 

FOR FURTHER INFORMATION CONTACT: The 

RTCA Secretariat, 1150 18th Street NW., 

Suite 910, Washington, DC 20036, or by 

telephone at (202) 833–9339, fax at (202) 

833–9434, or Web site at 

http://www.rtca.org. 

SUPPLEMENTARY INFORMATION: Pursuant 

to section 10(a)(2) of the Federal 

Advisory Committee Act (Pub. L. 92– 

463, 5 U.S.C., App.), notice is hereby 

given for a meeting of Special 

Committee 224. The agenda will include 

the following: 

April 5, 2012 

• Chairmen’s Opening Remarks, 

Introductions 

• Review/Approve Summary— 

Eleventh Meeting 

• Updates from the TSA (as required) 

• Workgroup reports 

• Industry solicitation progress report 

• Association solicitation progress 

report 

• Time and place of next meeting 

• Adjourn 

Attendance is open to the interested 

public but limited to space availability. 

With the approval of the chairman, 

members of the public may present oral 

statements at the meeting. Persons 

wishing to present statements or obtain 

information should contact the person 

listed in the FOR FURTHER INFORMATION

CONTACT section. Members of the public 

may present a written statement to the 

committee at any time. 

Issued in Washington, DC, on March 9, 

2012. 

John Raper, 

Manager, Business Operations Branch, 

Federal Aviation Administration. 

[FR Doc. 2012–6346 Filed 3–14–12; 8:45 am] 

BILLING CODE 4910–13–P 


srobinson on DSK4SPTVN1PROD with NOTICES