The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. The text of the proposal is below.
Deletions are in brackets, and additions are in italics.
For non-equity securities, the special maintenance margin shall be as required pursuant to the other provisions of this Rule. In addition, on the sixth business day only, member organizations are required to deduct from Net Capital the amount of unmet maintenance margin calls pursuant to SEA Rule 15c3-1. In its filing with the Commission, the NYSE included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The NYSE has prepared summaries, set forth in Sections A, B, and C below, of the most significant aspects of such statements.