Telesoft Partners II SBIC, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest, 2978 [E6-439]

Download as PDF 2978 Federal Register / Vol. 71, No. 11 / Wednesday, January 18, 2006 / Notices C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others The Phlx has neither solicited nor received comments on the proposed rule change. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the foregoing proposed rule change: (1) Does not significantly affect the protection of investors or the public interest; (2) does not impose any significant burden on competition; and (3) by its terms does not become operative for 30 days after the date of this filing, or such shorter time as the Commission may designate if consistent with the protection of investors and the public interest, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act and Rule 19b–4(f)(6) thereunder. A proposed rule change filed under Rule 19b–4(f)(6) normally does not become operative for 30 days after the date of filing. However, Rule 19b– 4(f)(6)(iii) permits the Commission to designate a shorter time if such action is consistent with the protection of investors and the public interest. The Phlx has asked the Commission to waive the 30-day operative delay. The Commission believes that waiving the 30-day operative delay is consistent with the protection of investors and the public interest because the proposed rule change corrects references that are now obsolete.9 For this reason, the Commission designates that the proposal has become effective and operative immediately upon filing with the Commission. At any time within 60 days of the filing of the proposed rule change, the Commission may summarily abrogate such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act.10 erjones on PROD1PC68 with NOTICES IV. Solicitation of Comments Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act. Comments may be submitted by any of the following methods: purposes only of waiving the 30-day operative delay, the Commission has considered the proposed rule’s impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). 10 See Rule 19b–4(f)(6)(iii), 17 CFR 240.19b– 4(f)(6)(iii). Electronic Comments SMALL BUSINESS ADMINISTRATION • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/sro.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include File Number SR–Phlx–2005–84 on the subject line. [License No. 09/79–0432] Nancy M. Morris, Secretary. [FR Doc. E6–433 Filed 1–17–06; 8:45 am] SUMMARY: This is an amendment of an Economic Injury Disaster Loan (EIDL) declaration for the State of Maine, dated 01/06/2006. Incident: Outbreak of red tide in the waters off Maine. Incident Period: May 24, 2005 and continuing. Notice is hereby given that Telesoft Partners II SBIC, LP, 1450 Fashion Paper Comments Island Blvd., Suite 610, San Mateo, CA 94404, a Federal Licensee under the • Send paper comments in triplicate Small Business Investment Act of 1958, to Nancy M. Morris, Secretary, as amended (‘‘the Act’’), in connection Securities and Exchange Commission, with the financing of a small concern, 100 F Street, NE., Washington, DC has sought an exemption under section 20549–9303. 312 of the Act and section 107.730, All submissions should refer to File Financings which Constitute Conflicts of Interest of the Small Business Number SR–Phlx–2005–84. This file Administration (‘‘SBA’’) Rules and number should be included on the subject line if e-mail is used. To help the Regulations (13 CFR 107.730). Telesoft Partners II SBIC, LP proposes to provide Commission process and review your equity/debt security financing to comments more efficiently, please use only one method. The Commission will LogLogic, Inc. The financing is post all comments on the Commission’s contemplated for working capital and general corporate purposes. Internet Web site (https://www.sec.gov/ The financing is brought within the rules/sro.shtml). Copies of the purview of § 107.730(a)(1) of the submission, all subsequent Regulations because Telesoft Partners II amendments, all written statements QP, LP, Telesoft Partners II, LP and with respect to the proposed rule Telesoft NP Employee Fund, LLC, all change that are filed with the Associates of Telesoft Partners II SBIC, Commission, and all written L.P., own more than ten percent of communications relating to the LogLogic, Inc. proposed rule change between the Notice is hereby given that any Commission and any person, other than interested person may submit written those that may be withheld from the comments on the transaction to the public in accordance with the Associate Administrator for Investment, provisions of 5 U.S.C. 552, will be U.S. Small Business Administration, available for inspection and copying in 409 Third Street, SW., Washington, DC the Commission’s Public Reference 20416. Room. Copies of such filing also will be Dated: November 30, 2005. available for inspection and copying at ´ Jaime Guzman-Fournier, the principal office of the Phlx. Associate Administrator for Investment. All comments received will be posted [FR Doc. E6–439 Filed 1–17–06; 8:45 am] without change; the Commission does BILLING CODE 8025–01–P not edit personal identifying information from submissions. You should submit only information that SMALL BUSINESS ADMINISTRATION you wish to make available publicly. All [Disaster Declaration # 10131] submissions should refer to File Number SR–Phlx–2005–84 and should Maine Disaster # ME–00002 be submitted on or before February 8, Declaration of Economic Injury 2006. AGENCY: U.S. Small Business For the Commission, by the Division of Administration. Market Regulation, pursuant to delegated ACTION: Amendment 1. authority.11 BILLING CODE 8010–01–P 9 For VerDate Aug<31>2005 15:06 Jan 17, 2006 Jkt 208001 Telesoft Partners II SBIC, LP; Notice Seeking Exemption Under Section 312 of the Small Business Investment Act, Conflicts of Interest 11 17 PO 00000 CFR 200.30–3(a)(12). Frm 00079 Fmt 4703 Sfmt 4703 DATES: E:\FR\FM\18JAN1.SGM Effective Date: January 6, 2006. 18JAN1

Agencies

[Federal Register Volume 71, Number 11 (Wednesday, January 18, 2006)]
[Notices]
[Page 2978]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-439]


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SMALL BUSINESS ADMINISTRATION

[License No. 09/79-0432]


Telesoft Partners II SBIC, LP; Notice Seeking Exemption Under 
Section 312 of the Small Business Investment Act, Conflicts of Interest

    Notice is hereby given that Telesoft Partners II SBIC, LP, 1450 
Fashion Island Blvd., Suite 610, San Mateo, CA 94404, a Federal 
Licensee 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). 
Telesoft Partners II SBIC, LP proposes to provide equity/debt security 
financing to LogLogic, Inc. The financing is contemplated for working 
capital and general corporate purposes.
    The financing is brought within the purview of Sec.  107.730(a)(1) 
of the Regulations because Telesoft Partners II QP, LP, Telesoft 
Partners II, LP and Telesoft NP Employee Fund, LLC, all Associates of 
Telesoft Partners II SBIC, L.P., own more than ten percent of LogLogic, 
Inc.
    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.

    Dated: November 30, 2005.
Jaime Guzm[aacute]n-Fournier,
Associate Administrator for Investment.
[FR Doc. E6-439 Filed 1-17-06; 8:45 am]
BILLING CODE 8025-01-P
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