Document ID: SEC-2014-1967-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Chicago Mercantile Exchange, Inc.
Posted Date: 2014-11-24T05:00Z

[Federal Register Volume 79, Number 226 (Monday, November 24, 2014)]
[Notices]
[Page 69937]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27704]

[[Page 69937]]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73626; File No. SR-CME-2014-31]

Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; 
Notice of Withdrawal of Proposed Rule Change Related to Clearing of 
Certain iTraxx Europe Index Untranched CDS Contracts on Indices 
Administered by Markit

November 18, 2014.
    On August 11, 2014, Chicago Mercantile Exchange Inc. (``CME'') 
filed with the Securities and Exchange Commission (``Commission''), 
pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 \1\ 
and Rule 19b-4 thereunder,\2\ a proposed rule change (SR-CME-2014-31) 
seeking to enable CME to offer clearing of certain iTraxx Europe index 
untranched CDS contracts on indices administered by Markit (``iTraxx 
Contracts''). Specifically, the proposed rule change would update CME's 
CDS Product Rules to provide for the clearing of the iTraxx Contracts. 
Notice of the proposed rule change was published in the Federal 
Register on August 18, 2014.\3\ Notice of Amendment No. 2 to the 
proposed rule change was published in the Federal Register on October 
1, 2014.\4\ The Commission did not receive comments on the proposal.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 34-72833 (August 13, 
2014), 79 FR 48797 (August 18, 2014) (SR-CME-2014-31).
    \4\ Securities Exchange Act Release No. 34-73275 (October 1, 
2014), 79 FR 60563 (October 7, 2014) (SR-CME-2014-31). On August 18, 
2014, CME filed Amendment No. 1 to the proposed rule change. CME 
withdrew Amendment No. 1 on August 29, 2014.
---------------------------------------------------------------------------

    On October 2, 2014, the Commission extended the time period in 
which to either approve the proposed rule change, disapprove the 
proposed rule change, or institute proceedings to determine whether to 
disapprove the proposed rule change to November 16, 2014.\5\ On 
November 14, 2014, CME withdrew the proposed rule change (SR-CME-2014-
31).
---------------------------------------------------------------------------

    \5\ Securities Exchange Act Release No. 34-73290 (October 2, 
2014), 79 FR 60873 (October 8, 2014) (SR-CME-2014-31).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
---------------------------------------------------------------------------

    \6\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-27704 Filed 11-21-14; 8:45 am]
BILLING CODE 8011-01-P