[ ] The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. To facilitate administration and implementation of the SPAN 2 framework, CMESC is filing this proposed rule change to establish the Policy. 5.1.1 FHVaR MethodologyThe FHVaR Methodology subsection describes the market risk component's FHVaR as a historical simulation model based on historical interest rate moves and repo rate moves within the market risk component. [ ](b) Statutory BasisFor the reasons set forth below, CMESC believes the proposed rule change is consistent with Section 17A of the Securities Exchange Act of 1934 (“Act”),[ ] Rule 17ad-22(b)(2), Rule 17ad-22(e)(4), Rule 17ad-22(e)(6),[ ] and Rule 17ad-22(e)(1). Consistency With Rule 17ad-22(e)(1)Finally, CMESC believes that the proposed rule change is also consistent with Rule 17ad-22(e)(1) under the Act.