In the Matter of E-Sync Networks, Inc. (n/k/a ESNI, Inc.), EchoCath, Inc., Edison Brothers Stores, Inc., Electronic Technology Group, Inc. (n/k/a SolutionNet International, Inc.), EMCEE Broadcast Products, Inc., ERD Waste Corp., Eurasia Gold Fields, Inc., European Micro Holdings, Inc., and Exotech, Inc.; Order of Suspension of Trading, 41559-41560 [2010-17495]
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Federal Register / Vol. 75, No. 136 / Friday, July 16, 2010 / Notices
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #12144 and #12145]
Virginia Disaster Number VA–00029
Partners SBIC II, L.P., and said license
is hereby declared null and void as of
June 10, 2010.
United States Small Business
Administration.
Sean J. Greene,
AA, Investment.
AGENCY: U.S. Small Business
Administration.
ACTION: Amendment 1.
[FR Doc. 2010–17318 Filed 7–15–10; 8:45 am]
This is an amendment of the
Presidential declaration of a major
disaster for Public Assistance Only for
the Commonwealth of Virginia (FEMA–
1905–DR), dated 04/27/2010.
Incident: Severe winter storms and
snowstorms.
Incident Period: 02/05/2010 through
02/11/2010.
Effective Date: 07/09/2010.
Physical Loan Application Deadline
Date: 06/28/2010.
Economic Injury (EIDL) Loan
Application Deadline Date: 01/27/2011.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 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, SW., Suite 6050,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The notice
of the President’s major disaster
declaration for Private Non-Profit
organizations in the Commonwealth of
Virginia, dated 04/27/2010, is hereby
amended to include the following areas
as adversely affected by the disaster.
Primary Counties: Page.
All other information in the original
declaration remains unchanged.
BILLING CODE 8025–01–P
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
In the Matter of E-Sync Networks, Inc.
(n/k/a ESNI, Inc.), EchoCath, Inc.,
Edison Brothers Stores, Inc.,
Electronic Technology Group, Inc.
(n/k/a SolutionNet International, Inc.),
EMCEE Broadcast Products, Inc., ERD
Waste Corp., Eurasia Gold Fields, Inc.,
European Micro Holdings, Inc., and
Exotech, Inc.; Order of Suspension of
Trading
SUMMARY:
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[FR Doc. 2010–17392 Filed 7–15–10; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
srobinson on DSKHWCL6B1PROD with NOTICES
Pursuant to the authority granted to
the United States Small Business
Administration under the Small
Business Investment Act of 1958, under
section 309 of the Act and Section
107.1900 of the Small Business
Administration Rules and Regulations
(13 CFR 107.1900) to function as a small
business investment company under the
Small Business Investment Company
License No. 09/79–0415 issued to Bay
18:00 Jul 15, 2010
Jkt 220001
Surrender of License of Small
Business Investment Company
Pursuant to the authority granted to
the United States Small Business
Administration under the Small
Business Investment Act of 1958, under
section 309 of the Act and section
107.1900 of the Small Business
Administration Rules and Regulations
(13 CFR 107.1900) to function as a small
business investment company under the
Small business Investment Company
License No. 01/71–0397 issued to
Longworth Venture Partners II–A, L.P.
and said license is hereby declared null
and void. United States Small Business
Administration.
Dated: July 2, 2010.
Sean J. Greene,
AA/Investment.
[FR Doc. 2010–17319 Filed 7–15–10; 8:45 am]
BILLING CODE 8025–01–P
SECURITIES AND EXCHANGE
COMMISSION
[File No. 500–1]
July 14, 2010.
Surrender of License of Small
Business Investment Company
VerDate Mar<15>2010
SMALL BUSINESS ADMINISTRATION
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of E-Sync
Networks, Inc. (n/k/a ESNI, Inc.)
because it has not filed any periodic
reports since the period ended
December 31, 2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of EchoCath,
Inc. because it has not filed any periodic
PO 00000
Frm 00130
Fmt 4703
Sfmt 4703
41559
reports since the period ended May 31,
2001.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Edison
Brothers Stores, Inc. because it has not
filed any periodic reports since October
31, 1998.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Electronic
Technology Group, Inc. (n/k/a
SolutionNet International, Inc.) because
it has not filed any periodic reports
since the period ended April 30, 1994.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of EMCEE
Broadcast Products, Inc. because it has
not filed any periodic reports since the
period ended September 30, 2002.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of ERD Waste
Corp. because it has not filed any
periodic reports since the period ended
June 30, 1997.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Eurasia
Gold Fields, Inc. because it has not filed
any periodic reports since the period
ended September 30, 2004.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of European
Micro Holdings, Inc. because it has not
filed any periodic reports since the
period ended June 30, 2007.
It appears to the Securities and
Exchange Commission that there is a
lack of current and accurate information
concerning the securities of Exotech,
Inc. because it has not filed any periodic
reports since the period ended March
31, 2002.
The Commission is of the opinion that
the public interest and the protection of
investors require a suspension of trading
in the securities of the above-listed
companies.
Therefore, it is ordered, pursuant to
Section 12(k) of the Securities Exchange
Act of 1934, that trading in the
securities of the above-listed companies
is suspended for the period from 9:30
a.m. EDT on July 14, 2010, through
11:59 p.m. EDT on July 27, 2010.
E:\FR\FM\16JYN1.SGM
16JYN1
41560
Federal Register / Vol. 75, No. 136 / Friday, July 16, 2010 / Notices
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010–17495 Filed 7–14–10; 4:15 pm]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–64277; File Nos. SR–NYSE–
2010–48 and SR–NYSEAMEX–2010–61]
Self-Regulatory Organizations; New
York Stock Exchange LLC and NYSE
Amex LLC; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating to Technical
Procedures With Respect to
Comparison of Executed Transactions
July 9, 2010.
Pursuant to Section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on June 17,
2010, New York Stock Exchange LLC
(‘‘NYSE’’) and NYSE Amex LLC (‘‘NYSE
Amex’’) filed with the Securities and
Exchange Commission (‘‘Commission’’)
the proposed rule changes and on June
29, 2010, NYSE and NYSEAMEX
amended the proposed rule changes as
described in Items I, II, and III below,
which Items have been prepared
primarily by NYSE and NYSE Amex
(collectively, ‘‘Exchanges’’). The
Exchanges filed the proposed rule
changes pursuant to Section
19(b)(3)(A)(iii) of the Act 3 and Rule
19b–4(f)(6) thereunder 4 so that the
proposals were effective upon filing
with the Commission. The Commission
is publishing this notice to solicit
comments on the proposed rule changes
from interested persons.
srobinson on DSKHWCL6B1PROD with NOTICES
I. Self-Regulatory Organizations’
Statements of the Terms of Substance of
the Proposed Rule Changes
The Exchanges will amend NYSE
Rule 134 (Differences and OmissionsCleared Transactions) and NYSE Amex
Equities Rule 134 (NYSE Amex Equities.
Differences and Omissions-Cleared
Transactions) to provide for certain
technical procedures with respect to
comparison of executed transactions.
II. Self-Regulatory Organizations’
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Changes
In its filing with the Commission, the
Exchanges included statements
1 15
U.S.C.78s(b)(1).
CFR 240.19b–4.
3 15 U.S.C. 78s(b)(3)(A)(iii).
4 17 CFR 240.19b–4(f)(6).
2 17
VerDate Mar<15>2010
18:00 Jul 15, 2010
Jkt 220001
concerning the purpose of, and basis for,
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of those
statements may be examined at the
places specified in Item IV below. The
Exchanges have prepared summaries,
set forth in sections A, B, and C below,
of the most significant parts of such
statements.
A. Self-Regulatory Organizations’
Statement of the Purpose of, and the
Statutory Basis for, the Proposed Rule
Change
1. Background
The Exchanges operate the On-Line
Comparison System (‘‘OCS’’) to assist in
trade settlement. OCS conducts
comparison processing, which includes
matching initial trade submissions,
correction processing, omnibus
processing, and questioned trade (‘‘QT’’)
resolution for trades that take place on
the Exchanges. The OCS system is used
by the Exchanges’ members in their
roles as clearing firms, brokers, and
Designated Market Making Units (‘‘DMM
Units’’) for trade executions. OCS is
linked internally to NYSE’s trading
systems and externally to the National
Securities Clearing Corporation.5
To facilitate the comparison process,
the Exchanges utilize omnibus account
designations to record trade data.6 Using
omnibus account designations allows
for universal contras for one trade side,
thereby reducing the number of
different data elements that have to be
independently recorded into a broker’s
hand-held device or written on a Floor
report for a trade.
In May 2009, each of the Exchanges
amended its Rule 134 to enable them to
assign on the second business day after
the trade date (‘‘T+2’’) any open balance
in any of the omnibus accounts they use
to compare trades to either a DMM Unit
or to the member organization that had
been identified as the clearing firm for
one side of an unresolved trade.7
Specifically, each of the Exchanges
added new subsection (e)(iii) to its Rule
134 to enable the Exchanges to assign a
Floor broker’s clearing firm or DMM
Unit at the close of business on T+2 as
the contra side to an imbalance in any
omnibus account that is used by OCS.
5 National Securities Clearing Corporation
(‘‘NSCC’’) is a clearing agency registered with the
Commission under Section 17A of the Act. NSCC
provides centralized clearance and settlement
services for equity security trades in the U.S.
6 An ‘‘omnibus account’’ is an account in which
the transactions of multiple individual participants
are combined.
7 Securities Exchange Release Act No. 59997 (May
28, 2009), 74 FR 28086 (June 12, 2009).
PO 00000
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Fmt 4703
Sfmt 4703
2. Proposed Amendment of NYSE Rule
134 and NYSE Amex Rule 134
Each of the Exchanges will now
amend its Rule 134(e)(iii). Rule
134(e)(iii) will now specify that DMM
units are assigned as the contra party to
any unresolved omnibus account
imbalances remaining in OCS. New
subsection (iv) to Rule 134(e) will
provide that a Floor broker’s clearing
firm will be assigned as the contra party
to any uncompared e-Quote transactions
remaining in OCS. Each of the
Exchanges will also add to both
subsections that the contra party shall
be assigned pursuant to the processes
set forth in subsection (e)(i) and (e)(ii)
of their Rule 134 but no earlier than 7
p.m.
By creating a new subsection (iv)
pertaining only to Floor brokers’
clearing firms and removing all such
references to Floor brokers’ clearing
firms from subsection (e)(iii), the
Exchanges are making clear that the
DMM unit is assigned as the contra
party to an omnibus account imbalance
and that clearing firms are the assigned
contra party to an uncompared trade.
Specifically, a Floor broker’s clearing
firm is assigned as the default contra
side in a trade resulting from an
execution involving e-Quotes (i.e.,
trades involving Floor broker agency
interest files).8 The DMM Unit is
assigned in instances where there is an
open imbalance in an omnibus account
whether the DMM was involved in the
transaction or not.
For new subsection 134(e)(iv), the
Exchanges will shorten the time frame
for assignment of uncompared e-Quote
transactions from T+2 to the first
business day after the trade date (‘‘T+1’’).
The Exchanges believe that the
shortened time frame for resolving
uncompared e-Quote transactions will
provide Floor brokers and clearing firms
with more information and certainty on
settlement date, which is the third
business day after trade date (T+3). In
particular, the Exchanges believe that
the changes for resolving uncompared eQuote transactions are necessary for
situations where there are system
outages. Under normal trading
conditions, the number of e-Quote QTs
that remain unresolved by the end of
T+1 is relatively low. In the event of a
Broker System outage, however, the
number of e-Quote QTs could increase
dramatically. Therefore, to mitigate risk
and exposure to the Floor broker
community and to facilitate comparison
and settlement, the Exchanges believe
that reducing the time period from close
8 NYSE
E:\FR\FM\16JYN1.SGM
Rule 70(a)(i).
16JYN1
]]>Agencies
[Federal Register Volume 75, Number 136 (Friday, July 16, 2010)]
[Notices]
[Pages 41559-41560]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-17495]
=======================================================================
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[File No. 500-1]
In the Matter of E[dash]Sync Networks, Inc. (n/k/a ESNI, Inc.),
EchoCath, Inc., Edison Brothers Stores, Inc., Electronic Technology
Group, Inc. (n/k/a SolutionNet International, Inc.), EMCEE Broadcast
Products, Inc., ERD Waste Corp., Eurasia Gold Fields, Inc., European
Micro Holdings, Inc., and Exotech, Inc.; Order of Suspension of Trading
July 14, 2010.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
E-Sync Networks, Inc. (n/k/a ESNI, Inc.) because it has not filed any
periodic reports since the period ended December 31, 2001.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
EchoCath, Inc. because it has not filed any periodic reports since the
period ended May 31, 2001.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Edison Brothers Stores, Inc. because it has not filed any periodic
reports since October 31, 1998.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Electronic Technology Group, Inc. (n/k/a SolutionNet International,
Inc.) because it has not filed any periodic reports since the period
ended April 30, 1994.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
EMCEE Broadcast Products, Inc. because it has not filed any periodic
reports since the period ended September 30, 2002.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
ERD Waste Corp. because it has not filed any periodic reports since the
period ended June 30, 1997.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Eurasia Gold Fields, Inc. because it has not filed any periodic reports
since the period ended September 30, 2004.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
European Micro Holdings, Inc. because it has not filed any periodic
reports since the period ended June 30, 2007.
It appears to the Securities and Exchange Commission that there is
a lack of current and accurate information concerning the securities of
Exotech, Inc. because it has not filed any periodic reports since the
period ended March 31, 2002.
The Commission is of the opinion that the public interest and the
protection of investors require a suspension of trading in the
securities of the above-listed companies.
Therefore, it is ordered, pursuant to Section 12(k) of the
Securities Exchange Act of 1934, that trading in the securities of the
above-listed companies is suspended for the period from 9:30 a.m. EDT
on July 14, 2010, through 11:59 p.m. EDT on July 27, 2010.
[[Page 41560]]
By the Commission.
Elizabeth M. Murphy,
Secretary.
[FR Doc. 2010-17495 Filed 7-14-10; 4:15 pm]
BILLING CODE 8010-01-P
