Data Collection Available for Public Comments and Recommendations, 2693 [05-856]
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Federal Register / Vol. 70, No. 10 / Friday, January 14, 2005 / Notices
changes to this Policy, but in any event
not less frequently than annually. Upon
adoption of this Policy, the Board shall
make an affirmative determination with
respect to the independence of each
Director then serving on the Board.
5. It shall be the responsibility of each
Director to inform the Chairman of the
Board and the Chairman of the
Nominating & Governance Committee
promptly and otherwise as requested of
the existence of such relationships and
interests which might reasonably be
considered to bear on the Director’s
independence.
6. Any Director elected by the
members who is no longer independent
due to the existence of a relationship
described in Article IV, Section 2(a)–(d)
of the Constitution or whom the Board
otherwise determines not to be
independent from the Exchange under
this Policy shall, pursuant to Article IV,
Section 9, be deemed to have tendered
his or her resignation for consideration
by the Board, and such resignation shall
not be effective unless and until
accepted by the Board.
Independence Qualifications
1. In making an independence
determination with respect to any
Director or Director candidate, the
Board shall consider the standards
below with respect to relationships or
interests of the Director or Director
candidate with or in (a) the Exchange or
its subsidiaries, (b) members, allied
members, and lessor members, (c)
member organizations of the Exchange
(‘‘Member Organizations’’) or nonmember broker-dealers that engage in
business involving substantial direct
contact with securities customers
(‘‘Non-Member Broker-Dealers’’), and
(d) companies other than Member
Organizations whose securities are
listed on the Exchange (‘‘Listed
Companies’’). The standards below
relating to category (a) are the same as
those that the Exchange applies to its
own listed companies. The standards
below relating to categories (b), (c) and
(d) stem from the differing regulatory
responsibilities and roles that the
Exchange exercises in overseeing the
organizations and companies included
in those categories.
2. The term ‘‘approved person’’ used
herein has the meaning set forth in the
NYSE Constitution.
3. The term ‘‘immediate family
member’’ with respect to any Director
has the meaning set forth in the NYSE
Listed Company Manual.
4. The following independence
criteria shall apply:
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Independence From the Exchange
A Director is not independent if the
Director or an immediate family
member of the Director has or had a
relationship or interest with or in the
Exchange which, if such relationship or
interest existed with respect to a Listed
Company, would preclude a Director of
the Listed Company from being
considered an independent Director of
the Listed Company pursuant to Section
303A.02(a) or (b) of the Listed Company
Manual.7
Members, Allied Members and Lessor
Members
A Director is not independent if he or
she is, or within the last three years was,
or has an immediate family member
who is, or within the last three years
was, a member, allied member, lessor
member or approved person.
Member Organizations
A Director is not independent if the
Director (a) is, or within the last three
years was, employed by a Member
Organization, (b) has an immediate
family member who is, or within the last
three years was, an executive officer of
a Member Organization, (c) has within
the last three years received from any
Member Organization more than
$100,000 per year in direct
compensation, or received from Member
Organizations in the aggregate an
amount of direct compensation which in
any one year is more than 10 percent of
the Director’s annual gross income for
such year, excluding in each case
Director and committee fees and
pension or other forms of deferred
compensation for prior service
(provided such compensation is not
contingent in any way on continued
service), or (d) is affiliated, directly or
indirectly, with a Member Organization.
Non-Member Broker-Dealers
A Director is not independent if the
Director is employed by or affiliated,
directly or indirectly, with a NonMember Broker-Dealer.
Listed Companies
A Director is not independent if the
Director is an executive officer of an
issuer of securities listed on the
Exchange.
5. The Exchange shall make
disclosure of any charitable relationship
that a listed company would be required
to disclose pursuant to Listed Company
Manual Section 303A.02(b)(v) and
7 The relevant sections of the Listed Company
Manual and commentary are available on the
website at www.nyse.com/pdfs/
finalcorpgovrules.pdf
PO 00000
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commentary. Gifts by the Exchange or
by the NYSE Foundation shall not favor
charities on which any Director serves
as an executive officer or member of the
board of trustees or directors or
comparable governing body.
[FR Doc. E5–144 Filed 1–13–05; 8:45 am]
BILLING CODE 8010–01–P
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public
Comments and Recommendations
Notice and request for
comments.
ACTION:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, this
notice announces the Small Business
Administration’s intentions to request
approval on a new and/or currently
approved information collection.
DATES: Submit comments on or before
March 15, 2005.
ADDRESSES: Send all comments
regarding whether this information
collection is necessary for the proper
performance of the function of the
agency, whether the burden estimates
are accurate, and if there are ways to
minimize the estimated burden and
enhance the quality of the collection, to
Charles Ou, Senior Economist, Office of
Advocacy, Small Business
Administration, 409 3rd Street, SW.,
Suite 7800, Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT:
Charles Ou, Senior Economist, (202)
205–6966 or Curtis B. Rich,
Management Analyst, (202) 205–7030.
SUPPLEMENTARY INFORMATION: Title:
‘‘Impact of Credit Scoring on Lending to
Small Firms.’’
Description of Respondents: Senior
executives in banks and thrifts who are
knowledgeable about credit risk and
lending practices for small businesses.
Form No: N/A.
Annual Responses: 1,200.
Annual Burden: 300.
Jacqueline White,
Chief, Administrative Information Branch.
[FR Doc. 05–856 Filed 1–13–05; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Declaration of Disaster #10005]
State of Texas (TX–00001)
(Amendment # 1)
The above numbered declaration is
hereby amended to establish the
incident period for this disaster as
E:\FR\FM\14JAN1.SGM
14JAN1
Agencies
[Federal Register Volume 70, Number 10 (Friday, January 14, 2005)]
[Notices]
[Page 2693]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-856]
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SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments and Recommendations
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Small Business Administration's intentions to
request approval on a new and/or currently approved information
collection.
DATES: Submit comments on or before March 15, 2005.
ADDRESSES: Send all comments regarding whether this information
collection is necessary for the proper performance of the function of
the agency, whether the burden estimates are accurate, and if there are
ways to minimize the estimated burden and enhance the quality of the
collection, to Charles Ou, Senior Economist, Office of Advocacy, Small
Business Administration, 409 3rd Street, SW., Suite 7800, Washington,
DC 20416.
FOR FURTHER INFORMATION CONTACT: Charles Ou, Senior Economist, (202)
205-6966 or Curtis B. Rich, Management Analyst, (202) 205-7030.
SUPPLEMENTARY INFORMATION: Title: ``Impact of Credit Scoring on Lending
to Small Firms.''
Description of Respondents: Senior executives in banks and thrifts
who are knowledgeable about credit risk and lending practices for small
businesses.
Form No: N/A.
Annual Responses: 1,200.
Annual Burden: 300.
Jacqueline White,
Chief, Administrative Information Branch.
[FR Doc. 05-856 Filed 1-13-05; 8:45 am]
BILLING CODE 8025-01-P