79 FR 226 pg. 69937 - 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
Type: NOTICEVolume: 79Number: 226Page: 69937
Page: 69937Docket number: [Release No. 34-73626; File No. SR-CME-2014-31]
FR document: [FR Doc. 2014-27704 Filed 11-21-14; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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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 19341and Rule 19b-4 thereunder,2a 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, 2014.3Notice of Amendment No. 2 to the proposed rule change was published in the Federal Register on October 1, 2014.4The Commission did not receive comments on the proposal.
Footnotes:
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, 2014.5On November 14, 2014, CME withdrew the proposed rule change (SR-CME-2014-31).
Footnotes:
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
Footnotes:
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