Iowa Disaster Number IA-00024, 57997-57998 [2010-23801]
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Federal Register / Vol. 75, No. 184 / Thursday, September 23, 2010 / Notices
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 State of Iowa, dated
07/29/2010, is hereby amended to
establish the incident period for this
disaster as beginning 06/01/2010 and
continuing through 08/31/2010.
All other information in the original
declaration remains unchanged.
FOR FURTHER INFORMATION CONTACT:
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008).
[Disaster Declaration #12266 and #12267]
Texas Disaster Number TX–00361
U.S. Small Business
Administration.
ACTION: Amendment 2.
AGENCY:
srobinson on DSKHWCL6B1PROD with NOTICES
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration # 12322 and # 12323]
This is an amendment of the
Presidential declaration of a major
disaster for the State of Texas (FEMA–
1931–DR), dated 08/03/2010.
Incident: Hurricane Alex.
Incident Period: 06/30/2010 through
08/14/2010.
Effective Date: 09/16/2010.
Physical Loan Application Deadline
Date: 10/04/2010.
EIDL Loan Application Deadline Date:
05/03/2011.
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 Presidential disaster declaration
for the State of Texas, dated 08/03/2010
is hereby amended to include the
following areas as adversely affected by
the disaster:
Primary Counties: (Physical Damage
and Economic Injury Loans):
Lubbock.
Contiguous Counties: (Economic Injury
Loans Only):
Texas: Crosby, Floyd, Garza, Hale,
The Interest Rates are:
For Physical Damage
Non-Profit Organizations with
Credit Available Elsewhere ...
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Percent
Non-Profit Organizations without Credit Available Elsewhere .....................................
For Economic Injury
Non-Profit Organizations without Credit Available Elsewhere .....................................
3.000
3.000
The number assigned to this disaster
for physical damage is 12322B and for
economic injury is 12323B.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[FR Doc. 2010–23804 Filed 9–22–10; 8:45 am]
BILLING CODE 8025–01–P
This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of Tennessee (FEMA–1937–
DR), dated 09/15/2010.
Incident: Severe Storms and Flooding.
Incident Period: 08/17/2010 through
08/21/2010
DATES: Effective Date: 09/15/2010.
Physical Loan Application Deadline
Date: 11/15/2010.
Economic Injury (EIDL) Loan
Application Deadline Date: 06/15/2011.
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: Notice is
hereby given that as a result of the
President’s major disaster declaration on
09/15/2010, Private Non-Profit
organizations that provide essential
services of 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:
Clay, Cocke, Hardin, Jackson, Macon,
Overton, Pickett, Putnam, Smith,
Wayne.
SUMMARY:
SMALL BUSINESS ADMINISTRATION
Jkt 220001
[FR Doc. 2010–23803 Filed 9–22–10; 8:45 am]
U.S. Small Business
Administration.
ACTION: Notice.
BILLING CODE 8025–01–P
16:52 Sep 22, 2010
James E. Rivera,
Associate Administrator for Disaster
Assistance.
AGENCY:
[FR Doc. 2010–23799 Filed 9–22–10; 8:45 am]
VerDate Mar<15>2010
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Tennessee Disaster # TN–00043
James E. Rivera,
Associate Administrator for Disaster
Assistance.
SUMMARY:
Hockley, Lamb, Lynn, Terry.
All other information in the original
declaration remains unchanged.
57997
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #12279 and #12280]
Iowa Disaster Number IA–00024
U.S. Small Business
Administration.
AGENCY:
ACTION:
Amendment 2.
This is an amendment of the
Presidential declaration of a major
disaster for the State of Iowa (FEMA–
1930–DR), dated 08/14/2010.
Incident: Severe Storms, Flooding,
and Tornadoes.
Incident Period: 06/01/2010 and
continuing through 08/31/2010.
SUMMARY:
Effective Date: 08/31/2010.
Physical Loan Application Deadline
Date: 10/13/2010.
EIDL Loan Application Deadline Date:
05/16/2011.
DATES:
Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
ADDRESSES:
A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
409 3rd Street, SW., Suite 6050,
Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT:
The notice
of the President’s major disaster
declaration for the State of IOWA, dated
08/14/2010 is hereby amended to
establish the incident period for this
Percent
disaster as beginning 06/01/2010 and
continuing through 08/31/2010.
All other information in the original
3.625 declaration remains unchanged.
SUPPLEMENTARY INFORMATION:
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57998
Federal Register / Vol. 75, No. 184 / Thursday, September 23, 2010 / Notices
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[FR Doc. 2010–23801 Filed 9–22–10; 8:45 am]
BILLING CODE 8025–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–62935; File No. 4–613]
Program for Allocation of Regulatory
Responsibilities Pursuant to Rule 17d–
2; Notice of Filing of Proposed Plan for
the Allocation of Regulatory
Responsibilities Between the Financial
Industry Regulatory Authority, Inc. and
BATS–Y Exchange, Inc.
September 17, 2010.
Pursuant to Section 17(d) of the
Securities Exchange Act of 1934
(‘‘Act’’),1 and Rule 17d–2 thereunder,2
notice is hereby given that on
September 3, 2010, BATS–Y Exchange,
Inc. (‘‘BYX’’) and the Financial Industry
Regulatory Authority, Inc. (‘‘FINRA’’)
(together with BYX, the ‘‘Parties’’) filed
with the Securities and Exchange
Commission (‘‘Commission’’ or ‘‘SEC’’) a
plan for the allocation of regulatory
responsibilities, dated September 3,
2010 (‘‘17d–2 Plan’’ or the ‘‘Plan’’). The
Commission is publishing this notice to
solicit comments on the 17d–2 Plan
from interested persons.
srobinson on DSKHWCL6B1PROD with NOTICES
I. Introduction
Section 19(g)(1) of the Act,3 among
other things, requires every selfregulatory organization (‘‘SRO’’)
registered as either a national securities
exchange or national securities
association to examine for, and enforce
compliance by, its members and persons
associated with its members with the
Act, the rules and regulations
thereunder, and the SRO’s own rules,
unless the SRO is relieved of this
responsibility pursuant to Section 17(d)
or Section 19(g)(2) of the Act.4 Without
this relief, the statutory obligation of
each individual SRO could result in a
pattern of multiple examinations of
broker-dealers that maintain
memberships in more than one SRO
(‘‘common members’’). Such regulatory
duplication would add unnecessary
expenses for common members and
their SROs.
1 15
U.S.C. 78q(d).
CFR 240.17d–2.
3 15 U.S.C. 78s(g)(1).
4 15 U.S.C. 78q(d) and 15 U.S.C. 78s(g)(2),
respectively.
2 17
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16:52 Sep 22, 2010
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Section 17(d)(1) of the Act 5 was
intended, in part, to eliminate
unnecessary multiple examinations and
regulatory duplication.6 With respect to
a common member, Section 17(d)(1)
authorizes the Commission, by rule or
order, to relieve an SRO of the
responsibility to receive regulatory
reports, to examine for and enforce
compliance with applicable statutes,
rules, and regulations, or to perform
other specified regulatory functions.
To implement Section 17(d)(1), the
Commission adopted two rules: Rule
17d–1 and Rule 17d–2 under the Act.7
Rule 17d–1 authorizes the Commission
to name a single SRO as the designated
examining authority (‘‘DEA’’) to examine
common members for compliance with
the financial responsibility
requirements imposed by the Act, or by
Commission or SRO rules.8 When an
SRO has been named as a common
member’s DEA, all other SROs to which
the common member belongs are
relieved of the responsibility to examine
the firm for compliance with the
applicable financial responsibility rules.
On its face, Rule 17d–1 deals only with
an SRO’s obligations to enforce member
compliance with financial responsibility
requirements. Rule 17d–1 does not
relieve an SRO from its obligation to
examine a common member for
compliance with its own rules and
provisions of the federal securities laws
governing matters other than financial
responsibility, including sales practices
and trading activities and practices.
To address regulatory duplication in
these and other areas, the Commission
adopted Rule 17d–2 under the Act.9
Rule 17d–2 permits SROs to propose
joint plans for the allocation of
regulatory responsibilities with respect
to their common members. Under
paragraph (c) of Rule 17d–2, the
Commission may declare such a plan
effective if, after providing for
appropriate notice and comment, it
determines that the plan is necessary or
appropriate in the public interest and
for the protection of investors; to foster
cooperation and coordination among the
SROs; to remove impediments to, and
foster the development of, a national
market system and a national clearance
and settlement system; and is in
5 15
U.S.C. 78q(d)(1).
Securities Act Amendments of 1975, Report
of the Senate Committee on Banking, Housing, and
Urban Affairs to Accompany S. 249, S. Rep. No. 94–
75, 94th Cong., 1st Session 32 (1975).
7 17 CFR 240.17d–1 and 17 CFR 240.17d–2,
respectively.
8 See Securities Exchange Act Release No. 12352
(April 20, 1976), 41 FR 18808 (May 7, 1976).
9 See Securities Exchange Act Release No. 12935
(October 28, 1976), 41 FR 49091 (November 8,
1976).
6 See
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Sfmt 4703
conformity with the factors set forth in
Section 17(d) of the Act. Commission
approval of a plan filed pursuant to Rule
17d–2 relieves an SRO of those
regulatory responsibilities allocated by
the plan to another SRO.
II. Proposed Plan
The proposed 17d–2 Plan is intended
to reduce regulatory duplication for
firms that are common members of both
BYX and FINRA.10 Pursuant to the
proposed 17d–2 Plan, FINRA would
assume certain examination and
enforcement responsibilities for
common members with respect to
certain applicable laws, rules, and
regulations.
The text of the Plan delineates the
proposed regulatory responsibilities
with respect to the Parties. Included in
the proposed Plan is an exhibit (the
‘‘BATS–Y Exchange Rules Certification
for 17d–2 Agreement with FINRA,’’
referred to herein as the ‘‘Certification’’)
that lists every BYX rule, and select
federal securities laws, rules, and
regulations, for which FINRA would
bear responsibility under the Plan for
overseeing and enforcing with respect to
BYX members that are also members of
FINRA and the associated persons
therewith (‘‘Dual Members’’).
Specifically, under the 17d–2 Plan,
FINRA would assume examination and
enforcement responsibility relating to
compliance by Dual Members with the
rules of BYX that are substantially
similar to the applicable rules of
FINRA,11 as well as any provisions of
the federal securities laws and the rules
and regulations thereunder delineated
in the Certification (‘‘Common Rules’’).
Common Rules would not include the
application of any BYX rule or FINRA
rule, or any rule or regulation under the
Act, to the extent that it pertains to
violations of insider trading activities,
because such matters are covered by a
separate multiparty agreement under
Rule 17d–2.12 In the event that a Dual
10 The proposed 17d–2 Plan refers to these
common members as ‘‘Dual Members.’’ See
Paragraph 1(c) of the proposed 17d–2 Plan.
11 See paragraph 1(b) of the proposed 17d–2 Plan
(defining Common Rules). See also paragraph 1(f)
of the proposed 17d–2 Plan (defining Regulatory
Responsibilities). Paragraph 2 of the Plan provides
that annually, or more frequently as required by
changes in either BYX rules or FINRA rules, the
parties shall review and update, if necessary, the
list of Common Rules. Further, paragraph 3 of the
Plan provides that BYX shall furnish FINRA with
a list of Dual Members, and shall update the list no
less frequently than once each calendar quarter.
12 See Securities Exchange Act Release No. 58350
(August 13, 2008), 73 FR 48247 (August 18, 2008)
(File No. 4–566) (notice of filing of proposed plan).
See also Securities Exchange Act Release No. 58536
(September 12, 2008) (File No. 4–566) (order
approving and declaring effective the plan). The
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Agencies
[Federal Register Volume 75, Number 184 (Thursday, September 23, 2010)]
[Notices]
[Pages 57997-57998]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-23801]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration 12279 and 12280]
Iowa Disaster Number IA-00024
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 2.
-----------------------------------------------------------------------
SUMMARY: This is an amendment of the Presidential declaration of a
major disaster for the State of Iowa (FEMA-1930-DR), dated 08/14/2010.
Incident: Severe Storms, Flooding, and Tornadoes.
Incident Period: 06/01/2010 and continuing through 08/31/2010.
DATES: Effective Date: 08/31/2010.
Physical Loan Application Deadline Date: 10/13/2010.
EIDL Loan Application Deadline Date: 05/16/2011.
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 the State of IOWA, dated 08/14/2010 is hereby amended
to establish the incident period for this disaster as beginning 06/01/
2010 and continuing through 08/31/2010.
All other information in the original declaration remains
unchanged.
[[Page 57998]]
(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)
James E. Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2010-23801 Filed 9-22-10; 8:45 am]
BILLING CODE 8025-01-P