3376 Federal Register / Vol. 83, No. 16 / Wednesday, January 24, 2018 / Notices 

28 17 CFR 200.30–3(a)(12). 1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3On November 13, 2017, OCC also filed this 

proposal as advance notice SR–OCC–2017–811 

(‘‘Advance Notice’’) with the Commission pursuant 

to Section 806(e)(1) of Title VIII of the Dodd-Frank 

Wall Street Reform and Consumer Protection Act, 

entitled the Payment, Clearing, and Settlement 

Supervision Act of 2010 (12 U.S.C. 5465(e)(1)) and 

Rule 19b–4(n)(1)(i) of the Act (17 CFR 240.19b– 

4(n)(1)(i)). Notice of filing of the Advance Notice 

was published for comment in the Federal Register 

on December 26, 2017. Securities Exchange Act 

Release No. 82355 (Dec. 19, 2017), 82 FR 61060 

(Dec. 26, 2017) (SR–OCC–2017–811). 

On January 11, 2018, the Commission sent OCC 

a request for additional information, which tolls the 

Commission’s 60-day review period for the 

Advance Notice. See Memorandum from Office of 

Clearance and Settlement, Division of Trading and 

Markets, dated January 12, 2018, available at 

https://www.sec.gov/comments/sr-occ-2017-022/ 

occ2017022.htm. The new review period will be 60 

days from the date the Commission receives the 

information requested. See Section 806(e)(1). The 

proposal in the Proposed Rule Change and the 

Advance Notice shall not take effect until all 

regulatory actions required with respect to the 

proposal are completed. 

4Securities Exchange Act Release No. 82161 

(Nov. 28, 2017), 82 FR 57306 (Dec. 4, 2017) (SR– 

OCC–2017–022). 

5See letter from Michael Kitlas, dated November 

28, 2017, to Eduardo A. Aleman, Assistant 

Secretary, Commission, available at https://

www.sec.gov/comments/sr-occ-2017-022/ 

occ2017022.htm. Since the proposal contained in 

the Proposed Rule Change was also filed as an 

Advance Notice, the Commission is considering all 

public comments received on the proposal 

regardless of whether the comments are submitted 

to the Proposed Rule Change or the Advance 

Notice. 

6 15 U.S.C. 78s(b)(2). 

7 Id. 

8 17 CFR 200.30–3(a)(31). 

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 will institute proceedings 

to determine whether the proposed rule 

change 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 rule-comments@

sec.gov. Please include File Number SR– 

CBOE–2018–003 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–1090. 

All submissions should refer to File 

Number SR–CBOE–2018–003. 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 website (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 website 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 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–CBOE–2018–003 and 

should be submitted on or before 

February 14, 2018. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.28

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–01206 Filed 1–23–18; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–82534; File No. SR–OCC– 

2017–022] 

Self-Regulatory Organizations; The 

Options Clearing Corporation; Notice 

of Designation of Longer Period for 

Commission Action on Proposed Rule 

Change Related to The Options 

Clearing Corporation’s Margin 

Methodology 

January 18, 2018. 

On November 13, 2017, The Options 

Clearing Corporation (‘‘OCC’’) filed with 

the Securities and Exchange 

Commission (‘‘Commission’’) proposed 

rule change SR–OCC–2017–022 

(‘‘Proposed Rule Change’’) pursuant to 

Section 19(b)(1) of the Securities 

Exchange Act of 1934 (‘‘Act’’),1 and 

Rule 19b–4 thereunder,2 related to 

OCC’s margin methodology.3 The 

Proposed Rule Change was published 

for comment in the Federal Register on 

December 4, 2017.4 To date, the 

Commission has received one comment 

letter to the Proposed Rule Change.5

Section 19(b)(2) of the 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 for this 

Proposed Rule Change is January 18, 

2018. The Commission is extending this 

45-day time period. 

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 Act,7

designates March 4, 2018 as the date by 

which the Commission shall either 

approve, disapprove, or institute 

proceedings to determine whether to 

disapprove proposed rule change SR– 

OCC–2017–022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.8

Eduardo A. Aleman, 

Assistant Secretary. 

[FR Doc. 2018–01210 Filed 1–23–18; 8:45 am] 

BILLING CODE 8011–01–P 


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