Document ID: SEC-2012-1976-0001
Agency: sec
Document Type: Proposed Rule
Title: Capital, Margin, and Segregation Requirements for Security-Based Swap Dealers, etc.; Correction
Posted Date: 2012-12-03T05:00Z

[Federal Register Volume 77, Number 232 (Monday, December 3, 2012)]
[Proposed Rules]
[Page 71568]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-29048]

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 Proposed Rules
                                                 Federal Register
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 This section of the FEDERAL REGISTER contains notices to the public of 
 the proposed issuance of rules and regulations. The purpose of these 
 notices is to give interested persons an opportunity to participate in 
 the rule making prior to the adoption of the final rules.
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  Federal Register / Vol. 77, No. 232 / Monday, December 3, 2012 / 
Proposed Rules  

[[Page 71568]]

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 240

[Release No. 34-68071A; File No. S7-08-12]
RIN 3235-AL12

Capital, Margin, and Segregation Requirements for Security-Based 
Swap Dealers and Major Security-Based Swap Participants and Capital 
Requirements for Broker-Dealers; Correction

AGENCY: Securities and Exchange Commission.

ACTION: Proposed rule; correction.

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SUMMARY: Technical corrections are being made to the Commission's 
Release No. 34-68071, which proposed capital and margin requirements 
for security-based swap dealers (``SBSDs'') and major security-based 
swap participants (``MSBSPs''), segregation requirements for SBSDs, and 
notification requirements with respect to segregation for SBSDs and 
MSBSPs, as well as increases to the minimum net capital requirements 
for broker-dealers permitted to use the alternative internal model-
based method for computing net capital.

FOR FURTHER INFORMATION CONTACT: Sheila Dombal Swartz, Special Counsel, 
at (202) 551-5545, or Valentina Minak Deng, Attorney, at (202) 551-
5778, Division of Trading and Markets, Securities and Exchange 
Commission, 100 F Street NE., Washington, DC 20549-7010.

SUPPLEMENTARY INFORMATION: Specifically, corrections are being made to 
the table in footnote 172 on page 70233 and paragraph 6.c. of page 
70332 of volume 77 of the Federal Register. The following corrections 
are hereby made to Release No. 34-68071 (October 18, 2012), which was 
published in FR Doc. 2012-26164 and appeared on page 70214 of the 
Federal Register on November 23, 2012 (77 FR 70214):
    1. In footnote 172 in the first column of page 70233, the first row 
of the table, which currently reads ``Time to Maturity and Deduction'', 
is corrected to read: ``Time to Maturity Category--Deduction''.
    2. In the third column of page 70332, paragraph 6.c. identifying an 
amendment to 17 CFR 240.15c3-1e(c)(2)(ii), which currently reads ``In 
paragraph (c)(2)(ii), removing the phrase ``$5 billion'' and adding in 
its place the phrase ``$6 billion''; and'', is corrected to read: ``In 
paragraph (c)(2)(ii), removing the phrase ``less than 50%'' and adding 
in its place the phrase ``less than or equal to 50%''; and''.

    Dated: November 27, 2012.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2012-29048 Filed 11-30-12; 8:45 am]
BILLING CODE 8011-01-P