February 24, 2012.
On December 1, 1975, pursuant to Sections 17A(b) and 19(a)(1) of the Securities Exchange Act of 1934 (“Act”) 
and Rule 17Ab2-1 thereunder,
the Securities and Exchange Commission (“Commission”) approved on a temporary basis the application for registration as a clearing agency filed by the Midwest Clearing Corporation (“MCC”).
By subsequent orders, the Commission extended MCC's temporary registration.
On September 23, 1983, pursuant to Section 17A and Rule 17Ab2-1 thereunder,
the Commission approved on a permanent basis MCC's registration as a clearing agency.
MCC was a subsidiary of The Chicago Stock Exchange, Incorporated (“CHX”) 
and provided trade recording, comparison, clearance, and settlement services to its participants.
II. Cancellation of MCC's Registration as a Clearing Agency
In a letter dated October 28, 2009, CHX notified the Commission that MCC was no longer in operation and therefore had ceased to do business in the capacity specified in its application for registration.
CHX also indicated that, given the time elapsed since MCC ceased active operations, it did not anticipate any future claims against MCC or itself.
CHX also stated that “most of the books and records relating to MCC are beyond the statutory retention period. Any books and records of duration less than the statutory requirement will be maintained in accordance with the CHX's standard document retention policies.” 
Section 19(a)(3) of the Act provides that in the event any self-regulatory organization is no longer in existence or has ceased to do business in the capacity specified in its application for registration, “the Commission, by order, shall cancel its registration.” 
Based upon the representations and undertakings made by CHX to the Commission and because MCC is no longer in existence and has ceased to do business in the capacity specified in its registration application, the Commission is canceling its registration effective February 24, 2012.
It is therefore ordered that:
Effective February 24, 2012, based on the facts and representations noted above, MCC's registration as a clearing agency under Section 17A of the Exchange Act and Rule 17Ab2-1 thereunder is cancelled.
By the Commission.
Kevin M. O'Neill,
[FR Doc. 2012-5054 Filed 3-1-12; 8:45 am]
BILLING CODE 8011-01-P