North Dakota Disaster No. ND-00002, 49351 [05-16697]
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Federal Register / Vol. 70, No. 162 / Tuesday, August 23, 2005 / Notices
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–52253; File No. SR–PCX–
2005–16]
Self-Regulatory Organizations; Pacific
Exchange, Inc.; Order Approving
Proposed Rule Change and
Amendment No. 1 Thereto To Amend
Its Market Data Rebate Program To
Allow Equity Trading Permit Holders
To Receive Rebates on an Estimated
Basis
August 15, 2005.
On February 1, 2005, the Pacific
Exchange, Inc. (‘‘PCX’’), through its
wholly owned subsidiary PCX Equities,
Inc. (‘‘PCXE’’), filed with the Securities
and Exchange Commission
(‘‘Commission’’), pursuant to Section
19(b)(1) of the Securities Exchange Act
of 1934 (‘‘Act’’) 1 and Rule 19b–4
thereunder,2 a proposed rule change to
amend its current market data rebate
program to allow Equity Trading Permit
Holders (‘‘ETP Holders’’) to receive
market data rebates on an estimated
basis when certain conditions are met.
On July 5, 2005, PCX amended the
proposed rule change.3 The proposed
rule change, as modified by Amendment
No. 1, was published for comment in
the Federal Register on July 14, 2005.4
The Commission received no comments
on the proposal. This order approves the
proposed rule change, as modified by
Amendment No. 1.
Currently, the rules governing the
Archipelago Exchange (‘‘ArcaEx’’), the
equities trading facility of PCXE, allow
ETP Holders to receive Liquidity
Provider Credit payments on a quarterly
basis for limit orders posted by such
ETP Holder in Tape B securities 5 that
execute against inbound marketable
orders. Under the current market data
revenue program the Liquidity Provider
Credit applied to ETP Holders for limit
orders in Tape B securities that execute
against inbound marketable orders is
50% of the revenue from the
Consolidated Tape Association (‘‘CTA’’)
Plan generated for such trades.
The Commission finds that PCX’s
proposal to pay eligible ETP Holders an
estimated share of Liquidity Provider
1 15
U.S.C. 78s(b)(1).
CFR 240.19b–4.
3 See Amendment No. 1. In Amendment No. 1,
PCX amended the purpose section of the filing to
include examples of how estimated market data
rebates would be calculated and how estimated
market data rebates would be distributed.
4 See Securities Exchange Act Release No. 51990
(July 7, 2005), 70 FR 40770.
5 Tape B securities include securities that are on
the American Stock Exchange or the regional
national securities exchanges.
2 17
VerDate Aug<18>2005
15:03 Aug 22, 2005
Jkt 205001
Credits on a monthly basis, before
quarterly revenues from the CTA Plan
are distributed, consistent with the
requirements of the Act and the rules
and regulations thereunder applicable to
a national securities exchange.6 In
particular, the Commission believes that
the proposal is consistent with section
6(b)(5) of the Act,7 which requires that
the rules of the exchange be designed to
prevent fraudulent and manipulative
acts and practices, to promote just and
equitable principles of trade, to foster
cooperation and coordination with
persons engaged in facilitating
transactions in securities, and to remove
impediments to and perfect the
mechanisms of a free and open market
and a national market system. The PCX
states that distributing estimated
Liquidity Provider Credits on a monthly
basis will make the pricing of
executions on ArcaEx more competitive.
It is therefore ordered, pursuant to
section 19(b)(2) of the Act,8 that the
proposed rule change (SR–PCX–2005–
16), as modified by Amendment No. 1
thereto, be, and it hereby is, approved.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.9
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–4590 Filed 8–22–05; 8:45am]
BILLING CODE 8010–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration No. 10164]
North Dakota Disaster No. ND–00002
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of North Dakota (FEMA–1597–
DR), dated 07/22/2005.
Incident: Severe Storms, Flooding,
and Ground Saturation.
Incident Period: 06/01/2005 through
07/07/2005.
Effective Date: 07/22/2005.
Physical Loan Application Deadline
Date: 09/20/2005.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Disaster Area Office 3,
6 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
7 15 U.S.C. 78f(b)(5).
8 15 U.S.C. 78s(b)(2).
9 17 CFR 200.30–3(a)(12).
PO 00000
Frm 00097
Fmt 4703
Sfmt 4703
49351
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, Suite 6050, Washington,
DC 20416.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
President’s major disaster declaration on
07/22/2005, applications for Private
Non-Profit organizations that provide
essential services of a 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: Benson, Bottineau,
Cavalier, Dickey, Grand Forks, Griggs,
Kidder, Lamoure, McHenry, Mountrail,
Nelson, Pembina, Pierce, Ramsey,
Ransom, Renville, Richland, Rolette,
Sargent, Sioux, Stark, Steele, Towner,
Traill, Walsh, Ward; Turtle Mountain
Indian Reservation; Portion of the
Standing Rock Indian Reservation
which lies within the state of North
Dakota; Three affiliated tribes of the Fort
Berthold Reservation.
The Interest Rates are:
Other (including non-profit
organizations) with credit available
elsewhere: 4.750.
Businesses and non-profit organizations
without credit available elsewhere:
4.000.
The number assigned to this disaster
for physical damage is 10164.
(Catalog of Federal Domestic Assistance
Number 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster
Assistance.
[FR Doc. 05–16697 Filed 8–22–05; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10163]
South Dakota Disaster #SD–00001
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of South Dakota (FEMA–1596–
DR), dated 07/22/2005.
Incident: Severe Storm.
Incident Period: 06/07/2005 through
06/08/2005.
Effective Date: 07/22/2005.
E:\FR\FM\23AUN1.SGM
23AUN1
Agencies
[Federal Register Volume 70, Number 162 (Tuesday, August 23, 2005)]
[Notices]
[Page 49351]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-16697]
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration No. 10164]
North Dakota Disaster No. ND-00002
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 North Dakota
(FEMA-1597-DR), dated 07/22/2005.
Incident: Severe Storms, Flooding, and Ground Saturation.
Incident Period: 06/01/2005 through 07/07/2005.
Effective Date: 07/22/2005.
Physical Loan Application Deadline Date: 09/20/2005.
ADDRESSES: Submit completed loan applications to: U.S. Small Business
Administration, Disaster Area Office 3, 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, Suite
6050, Washington, DC 20416.
SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of
the President's major disaster declaration on 07/22/2005, applications
for Private Non-Profit organizations that provide essential services of
a 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: Benson, Bottineau, Cavalier, Dickey, Grand
Forks, Griggs, Kidder, Lamoure, McHenry, Mountrail, Nelson, Pembina,
Pierce, Ramsey, Ransom, Renville, Richland, Rolette, Sargent, Sioux,
Stark, Steele, Towner, Traill, Walsh, Ward; Turtle Mountain Indian
Reservation; Portion of the Standing Rock Indian Reservation which lies
within the state of North Dakota; Three affiliated tribes of the Fort
Berthold Reservation.
The Interest Rates are:
Other (including non-profit organizations) with credit available
elsewhere: 4.750.
Businesses and non-profit organizations without credit available
elsewhere: 4.000.
The number assigned to this disaster for physical damage is 10164.
(Catalog of Federal Domestic Assistance Number 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster Assistance.
[FR Doc. 05-16697 Filed 8-22-05; 8:45 am]
BILLING CODE 8025-01-P