Document ID: SEC-2006-1512-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Proposed Rule Change To Modify Its Rules To Diversify and Standardize Clearing Fund Collateral Requirements Across
Posted Date: 2006-11-22T05:00Z

[Federal Register: November 22, 2006 (Volume 71, Number 225)]
[Notices]               
[Page 67667]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22no06-134]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-54682A; File No. SR-FICC-2006-15]

 
Self-Regulatory Organizations; Fixed Income Clearing Corporation; 
Notice of Filing of Proposed Rule Change To Modify Its Rules To 
Diversify and Standardize Clearing Fund Collateral Requirements Across 
the Divisions To Improve Liquidity and Minimize Risk for Its Members; 
Correction and Extension of Comment Period

November 17, 2006.

Correction

    In FR Doc. E6-18948, beginning on page 65855 for Thursday, November 
9, 2006, revise the number ``500,000'' to read ``5,000,000'' on page 
65856, second column, sixth line.

Extension

    On October 4, 2006, the Fixed Income Clearing Corporation 
(``FICC'') filed with the Securities and Exchange Commission 
(``Commission'') a proposed rule change pursuant to Section 19(b)(1) of 
the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 
thereunder \2\ that would modify the rules of both of the Government 
Securities Division (``GSD'') and the Mortgage-Backed Securities 
Division (``MBSD'') (collectively, the ``Divisions'') of FICC to 
diversify and standardize Clearing Fund collateral requirements across 
the Divisions. A complete description of the proposed rule change is 
found in the notice of filing, which was published in the Federal 
Register on November 9, 2006.\3\ The comment period expires on November 
30, 2006.\4\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Exchange Act Release No. 54682 (November 1, 2006) 71 FR 
65855 (November 9, 2006) (SR-FICC-2006-15).
    \4\ Id.
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    To give the public additional time to comment on the correction 
above, the Commission has decided to extend the comment period pursuant 
to Section 19(b)(2) of the Act.\5\ Accordingly, the comment period 
shall be extended until December 12, 2006.
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    \5\ 15 U.S.C. 78s(b)(2).
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    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 e-mail to rule-comments@sec.gov. Please include 

File Number SR-FICC-2006-15 on the subject line.

Paper Comments

     Send paper comments in triplicate to Nancy M. Morris, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-1090.

    All submissions should refer to File Number SR-FICC-2006-15. This 
file number should be included on the subject line if e-mail 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 inspection 
and copying in the Commission's Public Reference Section, 100 F Street, 
NE., Washington, DC 20549. Copies of such filings also will be 
available for inspection and copying at the principal office of FICC 
and on FICC's Web site at http://www.ficc.com/gov/notices/GOV115.06.htm?NS-query.
 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-FICC-2006-15 and should be submitted on or before December 12, 2006.
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    \6\ 17 CFR 200.30-3(a)(12).

    For the Commission by the Division of Market Regulation, 
pursuant to delegated authority.\6\
Nancy M. Morris,
Secretary.
[FR Doc. E6-19727 Filed 11-21-06; 8:45 am]

BILLING CODE 8011-01-P