Document ID: SEC-2014-1954-0001
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 69936]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-27705]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-73627; File No. SR-CME-2014-28]

Self-Regulatory Organizations; Chicago Mercantile Exchange Inc.; 
Notice of Withdrawal of Proposed Rule Change Related to Enhancements to 
Risk Model for Credit Default Swaps

November 18, 2014.
    On August 8, 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-2014-28) relating 
to CME's Risk Model for Credit Default Swaps (``CDS'') as it applied 
only to broad-based index CDS products cleared by CME, and would not be 
applicable to security-based swaps. 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 September 8, 2014.\4\ The Commission did not 
receive comments on the proposal.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ Securities Exchange Act Release No. 34-72834 (August 13, 
2014), 79 FR 48805 (August 18, 2014) (SR-CME-2014-28).
    \4\ Securities Exchange Act Release No. 34-72959 (September 2, 
2014), 79 FR 53234 (September 8, 2014) (SR-CME-2014-28). On August 
18, 2014, CME filed Amendment No. 1 to the proposed rule change. CME 
withdrew Amendment No. 1 on August 29, 2014.
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    On October 1, 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-
28).
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    \5\ Securities Exchange Act Release No. 34-73283 (October 1, 
2014), 79 FR 60563 (October 7, 2014) (SR-CME-2014-28).
    \6\ 17 CFR 200.30-3(a)(12).

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\6\
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-27705 Filed 11-21-14; 8:45 am]
BILLING CODE 8011-01-P