Louisiana Disaster #LA-00002, 53264-53265 [05-17686]
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53264
Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Notices
in Section 8(b)(iii) of the Linkage Plan
and Phlx Rule 1087.
Section 8(b)(iii) of the Linkage Plan
provides that Eligible Market Makers
should send Principal Orders through
the Linkage on a limited basis and not
as a primary aspect of their business.
The 80/20 Test implements this policy
in the Linkage Plan and Phlx Rule 1087
by prohibiting a specialist or registered
options trader (‘‘ROT’’) from sending
Principal Orders in an eligible option
class if, in the last calendar quarter, the
specialist or ROT’s Principal Order
contract volume is disproportionate to
the specialist or ROT’s contract volume
executed against customer orders in its
own market.
The Exchange believes that applying
the 80/20 Test has resulted in anomalies
for ROTs with limited volume in an
eligible option class. In particular, if a
ROT has very little overall trading
volume in an option, the execution of
one or two Principal Orders during a
calendar quarter could result in the ROT
failing to meet the 80/20 Test. This
would then prohibit the ROT from using
the Linkage to send Principal Orders in
that options class for the following
calendar quarter. The Exchange believes
that it is not the intent of the Linkage
Plan and Exchange rules to prohibit
ROTs with limited volume from sending
Principal Orders through the Linkage in
these circumstances since such trading
clearly is not ‘‘a primary aspect of their
business.’’ Accordingly, the proposed
rule change seeks to establish a de
minimis exception from the 80/20 Test
in Phlx Rule 1087 for specialists and
ROTs that have total contract volume of
less than 1,000 contracts in an option
class for a calendar quarter.
III. Discussion
After careful review, the Commission
finds that the proposed rule change is
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
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).
VerDate Aug<18>2005
15:05 Sep 06, 2005
Jkt 205001
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 specialists and ROTs
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-Phlx-2005–
33), as amended, is approved.
For the Commission by the Division of
Market Regulation, pursuant to delegated
authority.9
Jonathan G. Katz,
Secretary.
[FR Doc. E5–4855 Filed 9–6–05; 8:45 am]
BILLING CODE 8010–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10180 and #10181]
Alabama Disaster #AL–00003
Small Business Administration.
Notice.
AGENCY:
ACTION:
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for the State of Alabama
(FEMA–1605–DR), dated 08/29/2005.
Incident: Hurricane Katrina.
Incident Period: 08/29/2005 and
continuing.
DATES: Effective Date:
08/29/2005.
Physical Loan Application Deadline
Date: 10/28/2005.
EIDL Loan Application Deadline Date:
05/29/2006.
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
President’s major disaster declaration on
08/29/2005, 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:
Baldwin, Mobile, Washington.
Contiguous Counties:
Alabama: Choctaw, Clarke, Escambia,
Monroe.
Florida: Escambia.
Mississippi: George, Greene, Jackson
Wayne.
The Interest Rates are:
Percent
Homeowners With Credit Available Elsewhere .........................
Homeowners
Without
Credit
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 .........................
U.S.C. 78s(b)(2).
9 17 CFR 200.30–3(a)(12).
PO 00000
Frm 00117
Fmt 4703
6.557
4.000
4.750
4.000
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10176 and #10177]
Louisiana Disaster #LA–00002
ACTION:
Sfmt 4703
2.687
The number assigned to this disaster for
physical damage is 101808 and for economic
injury is 101810
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster
Assistance.
[FR Doc. 05–17689 Filed 9–6–05; 8:45 am]
Small Business Administration.
Notice.
AGENCY:
8 15
5.375
E:\FR\FM\07SEN1.SGM
07SEN1
Federal Register / Vol. 70, No. 172 / Wednesday, September 7, 2005 / Notices
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for the State of Louisiana
(FEMA–1603–DR), dated 08/29/2005.
Incident: Hurricane Katrina.
Incident Period: 08/29/2005 and
continuing.
Percent
Businesses And Non-Profit Organizations Without Credit Available Elsewhere .........................
Effective Date: 08/29/2005.
Physical Loan Application Deadline
Date: 10/28/2005.
EIDL Loan Application Deadline Date:
05/29/2006.
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 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
08/29/2005, 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 Parishes:
Acadia, Ascension, Assumption,
Calcasieu, Cameron, East Baton
Rouge, East Feliciana, Iberia,
Iberville, Jefferson, Jefferson Davis,
Lafayette, Lafourche, Livingston,
Orleans, Plaquemines, Pointe
Coupee, St. Bernard, St. Charles, St.
Helena, St. James, St. John The
Baptist, St. Martin, St. Mary, St.
Tammany, Tangipahoa, Terrebonne,
Vermilion, Washington, West Baton
Rouge, West Feliciana.
Contiguous Parishes/Counties:
Louisiana: Allen, Avoyelles,
Beauregard, Concordia, Evangeline,
St. Landry.
Mississippi: Amite, Hancock, Marion,
Pearl River, Pike, Walthall,
Wilkinson.
Texas: Jefferson, Newton, Orange.
The Interest Rates are:
DATES:
Homeowners With Credit Available Elsewhere .........................
Homeowners
Without
Credit
Available Elsewhere ..................
Businesses With Credit Available
Elsewhere .................................
Businesses & Small Agricultural
Cooperatives Without Credit
Available Elsewhere ..................
Other (Including Non-Profit Organizations) With Credit Available
Elsewhere .................................
VerDate Aug<18>2005
15:05 Sep 06, 2005
4.000
The number assigned to this disaster for
physical damage is 101768 and for economic
injury is 101770.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster
Assistance.
[FR Doc. 05–17686 Filed 9–6–05; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10178 and #10179]
Louisiana: Concordia, East Feliciana,
St. Helena, St. Tammany,
Tangipahoa, Washington, West
Feliciana.
The Interest Rates are:
Percent
Homeowners With Credit Available Elsewhere .........................
Homeowners
Without
Credit
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
Mississippi Disaster #MS–00005
Small Business Administration.
ACTION: Notice.
AGENCY:
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for the State of Mississippi
(FEMA–1604–DR), dated 08/29/2005.
Incident: Hurricane Katrina.
Incident Period: 08/29/2005 and
continuing.
Effective Date: 08/29/2005.
Physical Loan Application Deadline
Date: 10/28/2005.
EIDL Loan Application Deadline Date:
05/29/2006.
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
President’s major disaster declaration on
08/29/2005, applications for disaster
loans may be filed at the address listed
above or other locally announced
locations.
The following areas have been
Percent
determined to be adversely affected by
the disaster:
5.375 Primary Counties:
Amite, Forrest, George Greene,
2.687
Hancock, Harrison, Jackson, Lamar,
Marion, Pearl River, Perry, Pike,
6.557
Stone, Walthall, Wilkinson.
Contiguous Counties:
Mississippi: Adams, Covington,
4.000
Franklin, Jefferson Davis, Jones,
Lawrence, Lincoln, Wayne.
4.750
Alabama: Mobile, Washington.
Jkt 205001
53265
The number assigned to this disaster for
physical damage is 101788 and for economic
injury is 101790.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster
Assistance.
[FR Doc. 05–17685 Filed 9–6–05; 8:45 am]
BILLING CODE 8025–01–P
DATES:
PO 00000
Frm 00118
Fmt 4703
Sfmt 4703
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #10169 and #10170]
Texas Disaster #TX–00062
Small Business Administration.
Notice.
AGENCY:
ACTION:
SUMMARY: This is a notice of an
Administrative declaration of a disaster
for the State of Texas dated 08/29/2005.
Incident: Severe Storms and Flooding.
Incident Period: 08/09/2005 through
08/15/2005.
DATES: Effective Date: 08/29/2005.
Physical Loan Application Deadline
Date: 10/28/2005.
EIDL Loan Application Deadline Date:
05/29/2006.
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
E:\FR\FM\07SEN1.SGM
07SEN1
Agencies
[Federal Register Volume 70, Number 172 (Wednesday, September 7, 2005)]
[Notices]
[Pages 53264-53265]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-17686]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration 10176 and 10177]
Louisiana Disaster LA-00002
AGENCY: Small Business Administration.
ACTION: Notice.
-----------------------------------------------------------------------
[[Page 53265]]
SUMMARY: This is a Notice of the Presidential declaration of a major
disaster for the State of Louisiana (FEMA-1603-DR), dated 08/29/2005.
Incident: Hurricane Katrina.
Incident Period: 08/29/2005 and continuing.
DATES: Effective Date: 08/29/2005.
Physical Loan Application Deadline Date: 10/28/2005.
EIDL Loan Application Deadline Date: 05/29/2006.
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 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 08/29/2005, 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 Parishes:
Acadia, Ascension, Assumption, Calcasieu, Cameron, East Baton
Rouge, East Feliciana, Iberia, Iberville, Jefferson, Jefferson Davis,
Lafayette, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee,
St. Bernard, St. Charles, St. Helena, St. James, St. John The Baptist,
St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Vermilion,
Washington, West Baton Rouge, West Feliciana.
Contiguous Parishes/Counties:
Louisiana: Allen, Avoyelles, Beauregard, Concordia, Evangeline, St.
Landry.
Mississippi: Amite, Hancock, Marion, Pearl River, Pike, Walthall,
Wilkinson.
Texas: Jefferson, Newton, Orange.
The Interest Rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
Homeowners With Credit Available Elsewhere................... 5.375
Homeowners Without Credit Available Elsewhere................ 2.687
Businesses With Credit Available Elsewhere................... 6.557
Businesses & 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
101768 and for economic injury is 101770.
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)
Herbert L. Mitchell,
Associate Administrator for Disaster Assistance.
[FR Doc. 05-17686 Filed 9-6-05; 8:45 am]
BILLING CODE 8025-01-P