Document ID: SEC-2013-0969-0001
Agency: sec
Document Type: Proposed Rule
Title: Regulation Systems Compliance and Integrity
Posted Date: 2013-05-23T04:00Z

[Federal Register Volume 78, Number 100 (Thursday, May 23, 2013)]
[Proposed Rules]
[Page 30803]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-12289]

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SECURITIES AND EXCHANGE COMMISSION

17 CFR Parts 242 and 249

[Release No. 34-69606; File No. S7-01-13]
RIN 3235-AL43

Regulation Systems Compliance and Integrity

AGENCY: Securities and Exchange Commission.

ACTION: Proposed rule, form, and rule amendment; extension of comment 
period.

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SUMMARY: On March 25, 2013, the Securities and Exchange Commission 
(``Commission'') published in the Federal Register a proposed rule, 
Regulation Systems Compliance and Integrity (``Regulation SCI'') under 
the Securities Exchange Act of 1934, for public comment. Proposed 
Regulation SCI would apply to certain self-regulatory organizations 
(including registered clearing agencies), alternative trading systems 
(``ATSs''), plan processors, and exempt clearing agencies subject to 
the Commission's Automation Review Policy (collectively, ``SCI 
entities''), and would require these SCI entities to comply with 
requirements with respect to their automated systems that support the 
performance of their regulated activities. The Commission is extending 
the time period in which to provide the Commission with comments.

DATES: The comment period for the proposed rule published March 25, 
2013 (78 FR 18084), is extended. Comments should be received on or 
before July 8, 2013.

ADDRESSES: Comments may be submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/proposed.shtml);
     Send an email to rule-comments@sec.gov. Please include 
File Number S7-01-13 on the subject line; or
     Use the Federal eRulemaking Portal (http://www.regulations.gov). Follow the instructions for submitting comments.

Paper Comments

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

All submissions should refer to File Number S7-01-13. This file number 
should be included on the subject line if email is used. To help us 
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/proposed). Comments will 
also be available for Web site viewing and printing in the Commission's 
Public Reference Room, 100 F Street NE., Washington, DC 20549 on 
official business days between the hours of 10:00 a.m. and 3:00 p.m. 
All comments received will be posted without change; we do not edit 
personal identifying information from submissions. You should submit 
only information you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Heidi Pilpel, Special Counsel, Office 
of Market Supervision, at (202) 551-5666, Sara Hawkins, Special 
Counsel, Office of Market Supervision, at (202) 551-5523, Jonathan 
Balcom, Special Counsel, Office of Market Supervision, at (202) 551-
5737, Yue Ding, Attorney, Office of Market Supervision, at (202) 551-
5842, Dhawal Sharma, Attorney, Office of Market Supervision, at (202) 
551-5779, Elizabeth C. Badawy, Senior Accountant, Office of Market 
Supervision, at (202) 551-5612, and Gordon Fuller, Senior Special 
Counsel, Office of Market Operations, at (202) 551-5686, Division of 
Trading and Markets, Securities and Exchange Commission, 100 F Street 
NE., Washington, DC 20549-7010.

SUPPLEMENTARY INFORMATION: On March 7, 2013, the Commission voted to 
propose Regulation SCI and solicit comment on a proposed rule and form, 
as well as an amendment to Regulation ATS,\1\ that would require SCI 
entities to comply with requirements with respect to their automated 
systems that support the performance of their regulated activities. The 
Commission originally requested that comments on this proposal be 
received by May 24, 2013. The Commission has recently received requests 
to extend the comment period and believes that extending the comment 
period is appropriate in order to give the public additional time to 
comment on the matters addressed by the release.\2\ This extension will 
allow for 105 days of comment, which the Commission believes should 
provide the public with sufficient additional time to consider 
thoroughly the matters addressed by proposed Regulation SCI and to 
submit comprehensive responses to the proposal which would benefit the 
Commission in its consideration of the final rules. Therefore, the 
Commission is extending the public comment period for 45 days, until 
Monday, July 8, 2013.
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    \1\ See Securities Exchange Act Release No. 69077 (March 8, 
2013), 78 FR 18084 (March 25, 2013).
    \2\ See Letters from Theodore R. Lazo, Managing Director & 
Associate General Counsel, SIFMA, to Elizabeth M. Murphy, Secretary, 
Commission, dated April 25, 2013; Manisha Kimmel, Executive 
Director, Financial Information Forum, to Elizabeth M. Murphy, 
Secretary, Commission, dated May 7, 2013; and David T. Bellaire, 
Esq., Executive Vice President and General Counsel, Financial 
Services Institute, dated May 15, 2013.

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    By the Commission.

     Dated: May 20, 2013.
 Elizabeth M. Murphy,
Secretary.
[FR Doc. 2013-12289 Filed 5-22-13; 8:45 am]
BILLING CODE 8011-01-P