West Virginia Disaster #WV-00038, 29378 [2015-12372]
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29378
Federal Register / Vol. 80, No. 98 / Thursday, May 21, 2015 / Notices
be approximately 2,240 hours per year
when annualized over three years.
New paragraph (a)(3)(iii)(E) of Rule
17g–5 also requires issuers, sponsors,
and underwriters to post on the Rule
17g–5 Web sites any executed Form
ABS Due Diligence-15E delivered by a
person employed to provide third-party
due diligence services. The Commission
estimates that issuers, sponsors, and
underwriters will need to post
approximately 715 Forms ABS Due
Diligence-15E on Rule 17g–5 Web sites
per year (in addition to the information
that is already posted to the Web sites).
The Commission estimates that it will
take the issuer, sponsor, or underwriter
approximately ten minutes to upload
each form and post it to the Web site,
for a total industry-wide annual
disclosure burden of approximately 119
hours.
As a consequence of the new absolute
prohibition in paragraph (c)(8) of Rule
17g–5, the Commission believes that an
NRSRO will need to update the written
policies and procedures to address and
manage conflicts of interest the NRSRO
must establish, maintain, and enforce
under Section 15E(h) of the Exchange
Act and Rule 17g–5. The Commission
estimates that updating the conflicts of
interest policies and procedures would
take an NRSRO an average of
approximately 100 hours, for an
industry-wide one-time reporting
burden of approximately 1,000 hours. In
addition, Exhibit 7 to Form NRSRO
requires an NRSRO to provide a copy of
the written policies and procedures in
the exhibit. Paragraph (e) of Rule 17g–
1 requires an NRSRO to promptly file
with the Commission an update of its
registration on Form NRSRO when
information on the form is materially
inaccurate. The update of registration
must be filed electronically on the
Commission’s EDGAR system. The
Commission estimates that it would take
an NRSRO an average of approximately
twenty-five hours on a one-time basis to
prepare and file the update of
registration to account for the update of
the NRSRO’s written policies and
procedures to address and manage
conflicts of interest, for an industrywide one-time reporting burden of
approximately 250 hours. The
Commission therefore estimates that the
total one-time reporting burden to
update the conflicts of interest policies
and procedures and to prepare and file
an update of registration to account for
the update of the NRSRO’s written
policies and procedures would be 1,250
hours, or approximately 417 hours per
year when annualized over three years.
Finally, paragraph (f) of Rule 17g–5
permits an NRSRO to apply for an
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20:28 May 20, 2015
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exemption from the prohibited conflict
under paragraph (c)(8) of Rule 17g–5.
The Commission estimated that an
NRSRO would likely spend an average
of approximately 150 hours to draft and
submit the application to the
Commission. If all 10 NRSROs apply for
an exemption, this would result in a
one-time industry-wide reporting
burden of 1,500 hours, or approximately
500 hours per year when annualized
over 3 years.
Accordingly, the total estimated
burden associated with Rule 17g–5 is
50,270 hours on a one-time basis
(40,800 + 6,720 + 1,250 +1,500 = 50,270)
and 261,295 hours on an annual basis
(2,436 + 6,720 + 252,000 + 20 +119 =
261,295).
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
under the PRA unless it displays a
currently valid OMB control number.
The public may view background
documentation for this information
collection at the following Web site:
www.reginfo.gov. Comments should be
directed to: (i) Desk Officer for the
Securities and Exchange Commission,
Office of Information and Regulatory
Affairs, Office of Management and
Budget, Room 10102, New Executive
Office Building, Washington, DC 20503,
or by sending an email to:
Shagufta_Ahmed@omb.eop.gov; and (ii)
Pamela Dyson, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Remi PavlikSimon, 100 F Street NE., Washington,
DC 20549, or by sending an email to:
PRA_Mailbox@sec.gov. Comments must
be submitted to OMB within 30 days of
this notice.
Dated: May 15, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015–12285 Filed 5–20–15; 8:45 am]
Incident Period: 04/03/2015 through
04/05/2015.
Effective Date: 05/14/2015.
Physical Loan Application Deadline
Date: 07/13/2015.
Economic Injury (EIDL) Loan
Application Deadline Date: 02/15/2016.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business,
Administration Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
President’s major disaster declaration on
05/14/2015, Private Non-Profit
organizations that provide essential
services of governmental nature may file
disaster loan applications at the address
listed above or other locally announced
locations.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Boone; Cabell;
Lincoln; Logan; Mingo; Wayne.
The Interest Rates are:
Percent
For Physical Damage:
Non-Profit Organizations With
Credit Available Elsewhere ...
Non-Profit Organizations Without Credit Available Elsewhere .....................................
For Economic Injury:
Non-Profit Organizations Without Credit Available Elsewhere .....................................
2.625
2625
2.625
The number assigned to this disaster
for physical damage is 14317B and for
economic injury is 14318B.
BILLING CODE 8011–01–P
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008).
SMALL BUSINESS ADMINISTRATION
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[Disaster Declaration #14317 and #14318]
West Virginia Disaster #WV–00038
U.S. Small Business
Administration.
ACTION: Notice.
[FR Doc. 2015–12372 Filed 5–20–15; 8:45 am]
BILLING CODE 8025–01–P
AGENCY:
SMALL BUSINESS ADMINISTRATION
This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of West Virginia (FEMA–4219–
DR), dated 05/14/2015.
Incident: Sever Storms, Flooding,
Landslides, and Mudslides.
SUMMARY:
PO 00000
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Administrator’s Line of Succession
Designation, No. 1–A, Revision 35
This document replaces and
supersedes ‘‘Line of Succession
Designation No. 1–A, Revision 34.’’
Line of Succession Designation No. 1–
A, Revision 35: Effective immediately,
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[Federal Register Volume 80, Number 98 (Thursday, May 21, 2015)]
[Notices]
[Page 29378]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-12372]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14317 and #14318]
West Virginia Disaster #WV-00038
AGENCY: U.S. Small Business Administration.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This is a Notice of the Presidential declaration of a major
disaster for Public Assistance Only for the State of West Virginia
(FEMA-4219-DR), dated 05/14/2015.
Incident: Sever Storms, Flooding, Landslides, and Mudslides.
Incident Period: 04/03/2015 through 04/05/2015.
Effective Date: 05/14/2015.
Physical Loan Application Deadline Date: 07/13/2015.
Economic Injury (EIDL) Loan Application Deadline Date: 02/15/2016.
ADDRESSES: Submit completed loan applications to: U.S. Small Business,
Administration Processing and Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
FOR FURTHER INFORMATION CONTACT: A. Escobar, Office of Disaster
Assistance, U.S. Small Business Administration, 409 3rd Street SW.,
Suite 6050, Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of
the President's major disaster declaration on 05/14/2015, Private Non-
Profit organizations that provide essential services of governmental
nature may file disaster loan applications at the address listed above
or other locally announced locations.
The following areas have been determined to be adversely affected
by the disaster:
Primary Counties: Boone; Cabell; Lincoln; Logan; Mingo; Wayne.
The Interest Rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
For Physical Damage:
Non-Profit Organizations With Credit Available Elsewhere... 2.625
Non-Profit Organizations Without Credit Available Elsewhere 2625
For Economic Injury:
Non-Profit Organizations Without Credit Available Elsewhere 2.625
------------------------------------------------------------------------
The number assigned to this disaster for physical damage is 14317B
and for economic injury is 14318B.
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008).
James E. Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2015-12372 Filed 5-20-15; 8:45 am]
BILLING CODE 8025-01-P
