FLORIDA Disaster # FL-00007, 53036-53037 [05-17584]
Download as PDF
<![CDATA[
53036
Federal Register / Vol. 70, No. 171 / Tuesday, September 6, 2005 / Notices
imposed by the Plan for the Purpose of
Creating and Operating an Intermarket
Option Linkage (‘‘Linkage Plan’’) 4 and
related rules.
The proposed rule change was
noticed for comment in the Federal
Register on July 26, 2005.5 The
Commission received no comments on
the proposed rule change. This order
approves the proposed rule change.
II. Description
The purpose of this proposed rule
change is to implement proposed Joint
Amendment No. 17 to the Linkage Plan.
Joint Amendment No. 17, together with
this proposed rule change, would
establish a de minimis exception to the
‘‘80/20 Test’’ set forth in Section 8(b)(iii)
of the Linkage Plan and ISE Rule 1904.
Section 8(b)(iii) of the Linkage Plan
permits market makers to access away
markets on a limited basis for their own
principal trading. The Linkage Plan
enforces this limitation via the 80/20
Test, which generally requires at least
80 percent of a market maker’s trading
volume in an option class to be on its
own exchange for the market maker to
be able to use Linkage to send Principal
Orders for its own account in that class.
If a market maker ‘‘fails’’ the 80/20 Test
in an option class during a calendar
quarter, it cannot send Principal Orders
through Linkage in that class during the
next calendar quarter.
The options exchanges have agreed to
adopt a de minimis exception to the 80/
20 Test. As proposed by the Exchange,
the 80/20 Test would not apply to any
market maker that has total volume of
less than 1,000 contracts in an option
during a calendar quarter. At this low
volume, even a small number of
Principal Orders could result in the
market maker being disqualified from
Linkage in that class for a calendar
quarter. The Exchange believes that this
proposed exception would address such
concerns.
III. Discussion
After careful review, the Commission
finds that the proposed rule change is
4 On July 28, 2000, the Commission approved a
national market system plan for the purpose of
creating and operating an intermarket options
market linkage (‘‘Linkage’’) proposed by the
American Stock Exchange, LLC, Chicago Board
Options Exchange, Inc., and the ISE. See Securities
Exchange Act Release No. 43086 (July 28, 2000), 65
FR 48023 (August 4, 2000). Subsequently, the
Philadelphia Stock Exchange, Inc., the Pacific
Exchange, Inc. and the Boston Stock Exchange, Inc.
joined the Linkage Plan. See Securities Exchange
Act Release Nos. 43573 (November 16, 2000), 65 FR
70851 (November 28, 2000); 43574 (November 16,
2000), 65 FR 70850 (November 28, 2000); and 49198
(February 5, 2004), 69 FR 7029 (February 12, 2004).
5 See Securities Exchange Act Release No. 52069
(July 20, 2005), 70 FR 43203 (July 26, 2005).
VerDate Aug<18>2005
13:21 Sep 02, 2005
Jkt 205001
consistent with the requirements of the
Act and the rules and regulations
thereunder applicable to a national
securities exchange.6 In particular, the
Commission finds that the proposed
rule change is consistent with the
requirements of Section 6(b)(5) of the
Act 7 which requires, among other
things, that the rules of an exchange be
designed to promote just and equitable
principles of trade, to remove
impediments to and perfect the
mechanism of a free and open market,
and to protect investors and the public
interest. The Commission believes that
the proposed rule change will increase
the availability of Linkage to members
of the Participants by limiting the
applicability of the 80/20 Test in
situations where market makers have
minimal trading volume in a particular
options class.
The Commission recognizes that the
Exchange does not believe that it is
necessary to bar market makers with
limited volume from sending Principal
Orders through the Linkage, as such
trading does not raise concerns that a
member is sending such orders as ‘‘a
primary aspect of their business.’’ The
Commission believes that the de
minimis exemption from the 80/20 Test
proposed by the Exchange for market
makers that have a total contract volume
of less than 1,000 contracts in an
options class for a calendar quarter
should ensure that members with
relatively low volume in a particular
options class can send a reasonable
number of Principal Orders without
being barred from using the Linkage by
application of the 80/20 Test in the
following calendar quarter.
IV. Conclusion
For the foregoing reasons, the
Commission finds that the proposed
rule change is consistent with the
requirements of the Act and the rules
and regulations thereunder.
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,8 that the
proposed rule change (SR–ISE–2005–23)
is approved.
SMALL BUSINESS ADMINISTRATION
Notice Seeking Exemption Under
Section 312 of the Small Business
Investment Act, Conflicts of Interest
Notice is hereby given that Odyssey
Venture Partners II, L.P. (‘‘Applicant’’),
610 Newport Center Drive, Suite 1400,
Newport Beach, CA 92660, an SBIC
Applicant under the Small Business
Investment Act of 1958, as amended
(‘‘the Act’’), in connection with the
financing of a small concern, has sought
an exemption under section 312 of the
Act and section 107.730, Financings
which Constitute Conflicts of Interest, of
the Small Business Administration
(‘‘SBA’’) rules and regulations (13 CFR
107.730 (2004)). Odyssey Venture
Partners II, L.P. proposes to provide
equity financing to Oryxe Energy
International, Inc., 6 Thomas Avenue,
Irvine, CA 92618. The financing is
contemplated for working capital and
research & development.
A conflict of interest exemption is
required because the Oryxe investment
is considered financing of an Associate
under 13 CFR 107.730(a). Oryxe is an
Associate of the Applicant for two
reasons: (1) Affiliates of Applicant,
Odyssey Strategic Partners (OSP) and
Odyssey Strategic Equity (OSE), had a
greater than 10 percent fully diluted
investment in Oryxe prior to
Applicant’s initial investment; (2)
Walter Schindler, one of Applicant’s
principals, serves as chairman and CEO
of Oryxe.
Notice is hereby given that any
interested person may submit written
comments on the transaction to the
Associate Administrator for Investment,
U.S. Small Business Administration,
409 Third Street, SW., Washington, DC
20416.
´
Jaime Guzman-Fournier,
Associate Administrator for Investment
[FR Doc. 05–17581 Filed 9–2–05; 8:45 am]
BILLING CODE 8625–01–M
SMALL BUSINESS ADMINISTRATION
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.9
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–4830 Filed 9–2–05; 8:45 am]
[Disaster Declaration # 10167 and # 10168]
BILLING CODE 8010–01–P
SUMMARY: This is a notice of an
Administrative declaration of a disaster
for the State of Florida dated 08/25/
2005.
Incident: Severe Storms and Flooding.
Incident Period: 07/29/2005 through
08/14/2005.
DATES: Effective Date: 08/25/2005.
6 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. 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 00058
Fmt 4703
Sfmt 4703
FLORIDA Disaster # FL–00007
Small Business Administration.
Notice.
AGENCY:
ACTION:
E:\FR\FM\06SEN1.SGM
06SEN1
Federal Register / Vol. 70, No. 171 / Tuesday, September 6, 2005 / Notices
Physical Loan Application Deadline
Date: 10/24/2005.
EIDL Loan Application Deadline Date:
05/25/2006.
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
Administrator’s disaster declaration,
applications for disaster loans may be
filed 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:
Volusia
Contiguous Counties: Florida
Brevard, Flagler, Lake, Marion,
Orange, Putnam, Seminole.
The interest rates are:
Percent
Homeowners With Credit Available Elsewhere .........................
Homeowners
Without
Credit
Available Elsewhere ..................
Businesses With Credit Available
Elsewhere .................................
Businesses and Small Agricultural
Cooperatives Without Credit
Available Elsewhere ..................
Other (Including Non-Profit Organizations) With Credit Available
Elsewhere .................................
Businesses and Non-Profit Organizations Without Credit Available Elsewhere .........................
5.750
2.875
6.387
4.000
4.750
4.000
The number assigned to this disaster
for physical damage is 10167 6 and for
economic injury is 10168 0.
The States which received an EIDL
declaration # are FLORIDA.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Dated: August 25, 2005.
Hector V. Barreto,
Administrator.
[FR Doc. 05–17584 Filed 9–2–05; 8:45 am]
BILLING CODE 8025–01–M
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10134]
Maine Disaster Number ME–00003
Small Business Administration
Amendment 1.
AGENCY:
ACTION:
VerDate Aug<18>2005
14:36 Sep 02, 2005
Jkt 205001
SUMMARY: This is an amendment of the
Presidential declaration of a major
disaster for public assistance only for
the State of Maine (FEMA–1591–DR),
dated 06/29/2005.
Incident: Severe Storms, Flooding,
Snow Melt, and Ice Jams.
Incident Period: 03/29/2005 through
05/03/2005.
EFFECTIVE DATE: 08/10/2005.
Physical Loan Application Deadline
Date: 08/29/2005.
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: The notice
of the President’s major disaster
declaration for Private Non-Profit
organizations in the State of Maine,
dated 06/29/2005, is hereby amended to
include the following areas as adversely
affected by the disaster.
Primary Counties:
Aroostook
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Number 59008.)
Becky C. Brantley,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. 05–17586 Filed 9–2–05; 8:45 am]
53037
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
08/22/2005, applications for disaster
loans may be filed 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:
Contiguous Counties:
Campbell
Wyoming
Converse, Crook, Johnson, Sheridan,
Weston
Montana
Powder River
The Interest Rates are:
Percent
Homeowners With Credit Availability Elsewhere .....................
Homeowners Without Cedit
Available Elsewhere ................
Businesses With Credit Available
Elsewhere ...............................
Businesses & Small Agricultural
Cooperatives Without Credit
Available Elsewhere ................
Other (Including Non-Profit Organizations—With Credit
Available Elsewhere ................
Businesses and Non-Profit Organizations Without Credit Available Elsewhere .......................
5.375
2.687
6.557
4.000
4.750
4.000
BILLING CODE 8025–01–M
The number assigned to this disaster
for physical damage is 10165C and for
economic injury is 101660.
SMALL BUSINESS ADMINISTRATION
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Becky C. Brantley,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. 05–17583 Filed 9–2–05; 8:45 am]
[Disaster Declaration #10165 and #10166]
Wyoming Disaster #WY–00002
Small Business Administration.
Notice.
AGENCY:
ACTION:
This is a Notice of the
Presidential declaration of a major
diaster for the State of Wyoming
(FEMA–1599–DR), dated 08/22/2005.
Incident: Tornado.
Incident Period: 08/12/2005.
EFFECTIVE DATE: 08/22/2005.
Physical Loan Application Deadline
Date: 10/21/2005.
EIDL Loan Application Deadline Date:
05/22/2006.
ADDRESSES: Submit completed loan
applications to: Small Business
Administration, Disaster Area Office 3,
14925 Kingsport Road, Fort Worth, TX
76155.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Diaster Assistance,
BILLING CODE 8025–01–M
SUMMARY:
PO 00000
Frm 00059
Fmt 4703
Sfmt 4703
SMALL BUSINESS ADMINISTRATION
Advisory Committee on Veterans
Business Affairs; Public Meeting
The U.S. Small Business
Administration (SBA), pursuant to the
Veterans Entrepreneurship and Small
Business Development Act of 1999 (Pub.
L. 106–50), will be hosting its first
advisory committee meeting for Fiscal
Year 2005, on Thursday, September 15,
2005, starting at 9 am until 5 pm. The
meeting will be held at the U.S. Small
Business Administration, 409 3rd Street
SW., 5th Floor Conference Room,
Washington, DC 20416 (next to the
E:\FR\FM\06SEN1.SGM
06SEN1
]]>Agencies
[Federal Register Volume 70, Number 171 (Tuesday, September 6, 2005)]
[Notices]
[Pages 53036-53037]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-17584]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration 10167 and 10168]
FLORIDA Disaster FL-00007
AGENCY: Small Business Administration.
ACTION:
-----------------------------------------------------------------------N
otice.
SUMMARY: This is a notice of an Administrative declaration of a
disaster for the State of Florida dated 08/25/2005.
Incident: Severe Storms and Flooding.
Incident Period: 07/29/2005 through 08/14/2005.
EFFECTIVE DATE: 08/25/2005.
[[Page 53037]]
Physical Loan Application Deadline Date: 10/24/2005.
EIDL Loan Application Deadline Date: 05/25/2006.
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 Administrator's disaster declaration, applications for disaster
loans may be filed 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:
Volusia
Contiguous Counties: Florida
Brevard, Flagler, Lake, Marion, Orange, Putnam, Seminole.
The interest rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
Homeowners With Credit Available Elsewhere................... 5.750
Homeowners Without Credit Available Elsewhere................ 2.875
Businesses With Credit Available Elsewhere................... 6.387
Businesses and Small Agricultural Cooperatives Without Credit 4.000
Available Elsewhere.........................................
Other (Including Non-Profit Organizations) With Credit 4.750
Available Elsewhere.........................................
Businesses and Non-Profit Organizations Without Credit 4.000
Available Elsewhere.........................................
------------------------------------------------------------------------
The number assigned to this disaster for physical damage is 10167 6
and for economic injury is 10168 0.
The States which received an EIDL declaration are
FLORIDA.
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)
Dated: August 25, 2005.
Hector V. Barreto,
Administrator.
[FR Doc. 05-17584 Filed 9-2-05; 8:45 am]
BILLING CODE 8025-01-M
