Skip to Content


Self-Regulatory Organizations; ICE Clear Europe Limited; Notice of Withdrawal of Proposed Rule Change To Clear Western European Sovereign CDS Contracts

Document Details

Information about this document as published in the Federal Register.

Enhanced Content

Relevant information about this document from provides additional context. This information is not part of the official Federal Register document.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble Start Printed Page 7844 January 29, 2013.

On October 15, 2012, ICE Clear Europe Limited (“ICE Clear Europe”) 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 to provide for the clearing of Western European Sovereign credit default swap contracts on the following sovereign reference entities: Republic of Ireland, Italian Republic, Hellenic Republic, Portuguese Republic, and Kingdom of Spain. Notice of the proposed rule change was published in the Federal Register on November 2, 2012.[3] The Commission received one comment on the proposed rule change.[4]

On December 14, 2012, 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 January 31, 2013.[5] On January 24, 2013, ICE Clear Europe withdrew the proposed rule change (SR-ICEEU-2012-08).

Start Signature

For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.[6]

Kevin M. O'Neill,

Deputy Secretary.

End Signature End Preamble


3.  See Securities Exchange Act Release No. 34-68119 (October 29, 2012), 77 FR 66209 (November 2, 2012).

Back to Citation

4.  See Comments submitted to the Commission by Darrell Duffie, Stanford University dated November 7, 2012 (​comments/​sr-iceeu-2012-08/​iceeu201208.shtml).

Back to Citation

5.  See Securities Exchange Act Release No. 34-68437 (December 14, 2012), 77 FR 75466 (December 20, 2012).

Back to Citation

[FR Doc. 2013-02299 Filed 2-1-13; 8:45 am]