Document ID: SEC-2017-1286-0001
Agency: sec
Document Type: Notice
Title: Self-Regulatory Organizations; Proposed Rule Changes: Fixed Income Clearing Corp.
Posted Date: 2017-08-01T04:00Z

[Federal Register Volume 82, Number 146 (Tuesday, August 1, 2017)]
[Notices]
[Page 35864]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-16107]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-81211; File No. SR-FICC-2017-010]

Self-Regulatory Organizations; Fixed Income Clearing Corporation; 
Notice of Withdrawal of a Proposed Rule Change To Amend the Mortgage-
Backed Securities Division Rules Concerning Use of Clearing Fund for 
Losses, Liabilities or Temporary Needs for Funds Incident to the 
Clearance and Settlement Business and Make Other Related Changes

July 26, 2017.
    On April 11, 2017, Fixed Income Clearing Corporation (``FICC'') 
filed with the Securities and Exchange Commission (``Commission'') the 
proposed rule change SR-FICC-2017-010 pursuant to Section 19(b)(1) of 
the Securities Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 
thereunder.\2\ According to FICC, FICC proposed to amend FICC's 
Mortgage-Backed Securities Division (``MBSD'') Clearing Rule 4, Section 
5 to (i) delete language that would potentially limit FICC's access to 
MBSD clearing fund cash and collateral to address losses, liabilities, 
or temporary needs for funds incident to its clearance and settlement 
business and (ii) make additional changes to correct grammar errors, 
delete superfluous words and otherwise align the text of MBSD Rule 4, 
Section 5 to the text of FICC's Government Securities Division 
(``GSD'') Rulebook Rule 4, Section 5. The proposed rule change was 
published for comment in the Federal Register on April 28, 2017.\3\ On 
June 7, 2017, pursuant to Section 19(b)(2)(A)(ii)(I) of the Act,\4\ the 
Commission designated a longer period within which to approve the 
proposed rule change, disapprove the proposed rule change, or institute 
proceedings to determine whether to approve or disapprove the proposed 
rule change.\5\ The Commission did not receive any comments on the 
proposed rule change.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 80517 (April 24, 2017), 
82 FR 19771 (April 28, 2017) (SR-FICC-2017-010) (``Notice'').
    \4\ 15 U.S.C. 78s(b)(2)(A)(ii)(I).
    \5\ Securities Exchange Act Release No. 80879 (June 7, 2017), 82 
FR 27090 (June 13, 2017) (SR-FICC-2017-010).
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    On June 21, 2017, FICC filed a withdrawal of its proposed rule 
change (SR-FICC-2017-010) from consideration by the Commission. The 
Commission is hereby publishing notice of the withdrawal.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
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    \6\ 17 CFR 200.30-3(a)(12).
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Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-16107 Filed 7-31-17; 8:45 am]
 BILLING CODE 8011-01-P