[Federal Register Volume 77, Number 231 (Friday, November 30, 2012)]
[Proposed Rules]
[Page 71369]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: C1-2012-26164]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
17 CFR Part 240
[Release No. 34-68071; File No. S7-08-12]
RIN 3235-AL12
Capital, Margin, and Segregation Requirements for Security-Based
Swap Dealers and Major Security-Based Swap Participants and Capital
Requirements for Broker-Dealers
Correction
In proposed rule document 2012-26164, appearing on pages 70214-
70354 in the issue of Friday, November 23, 2012, make the following
correction:
Sec. 240.15c3-1 [Corrected]
On page 70330, the table is reprinted in its entirety as set forth
below.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Basis point spread
-----------------------------------------------------------------------------------------------
Length of time to maturity of CDS contract 100 or less 700 or more
(%) 101-300 (%) 301-400 (%) 401-500 (%) 501-699 (%) (%)
--------------------------------------------------------------------------------------------------------------------------------------------------------
12 months or less....................................... 1.00 2.00 5.00 7.50 10.00 15.00
13 months to 24 months.................................. 1.50 3.50 7.50 10.00 12.50 17.50
25 months to 36 months.................................. 2.00 5.00 10.00 12.50 15.00 20.00
37 months to 48 months.................................. 3.00 6.00 12.50 15.00 17.50 22.50
49 months to 60 months.................................. 4.00 7.00 15.00 17.50 20.00 25.00
61 months to 72 months.................................. 5.50 8.50 17.50 20.00 22.50 27.50
73 months to 84 months.................................. 7.00 10.00 20.00 22.50 25.00 30.00
85 months to 120 months................................. 8.50 15.00 22.50 25.00 27.50 40.00
121 months and longer................................... 10.00 20.00 25.00 27.50 30.00 50.00
--------------------------------------------------------------------------------------------------------------------------------------------------------
[FR Doc. C1-2012-26164 Filed 11-29-12; 8:45 am]
BILLING CODE 1505-01-D