[Federal Register Volume 81, Number 172 (Tuesday, September 6, 2016)]
[Notices]
[Page 61260]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-21249]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-78718; File No. SR-OCC-2016-801]


Self-Regulatory Organizations; The Options Clearing Corporation; 
Notice of Withdrawal of an Advance Notice Related to the Adoption of an 
Options Exchange Risk Control Standards Policy

August 30, 2016.
    On March 4, 2016, The Options Clearing Corporation (``OCC'') filed 
with the Securities and Exchange Commission (``Commission''), pursuant 
to section 806(e)(1) of the Payment, Clearing, and Settlement 
Supervision Act of 2010 (``Clearing Supervision Act'') \1\ and Rule 
19b-4(n)(1)(i) under the Securities Exchange Act of 1934,\2\ an advance 
notice proposing to adopt a new Options Exchange Risk Control Standards 
Policy and revise its Schedule of Fees to impose on clearing members a 
fee of two cents per cleared options contract (per side) executed on an 
options exchange that did not demonstrate sufficient risk controls 
designed to meet the proposed set of principles-based risk control 
standards. On April 14, 2016, the Commission requested additional 
information from OCC pursuant to section 806(e)(1)(D) of the Clearing 
Supervision Act.\3\ Notice of the advance notice was published in the 
Federal Register on April 21, 2016.\4\ The Commission received one 
comment letter in response to the advance notice.\5\
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    \1\ 12 U.S.C. 5465(e)(1).
    \2\ 17 CFR 240.19b-4(n)(1)(i).
    \3\ 12 U.S.C. 5465(e)(1)(D). OCC did not submit a response to 
the Commission's request for additional information.
    \4\ See Securities Exchange Act Release No. 77628 (April 15, 
2016), 81 FR 23536 (April 21, 2016).
    \5\ See Letter from OCC, dated June 13, 2016, to Brent J. 
Fields, Secretary, Commission.
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    On July 14, 2016, OCC filed a withdrawal of its advance notice (SR-
OCC-2016-801) from consideration by the Commission. The Commission is 
hereby publishing notice of the withdrawal.

    By the Commission.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-21249 Filed 9-2-16; 8:45 am]
 BILLING CODE 8011-01-P