Illinois Disaster Number IL-00042, 37646-37647 [2013-14822]

Download as PDF 37646 Federal Register / Vol. 78, No. 120 / Friday, June 21, 2013 / Notices TKELLEY on DSK3SPTVN1PROD with NOTICES options, expiration processing should be a single operational process and should run on Friday night for all Standard Expiration Contracts. In connection with moving from Saturday to Friday night processing and expiration, OCC reviewed other aspects of its business to confirm that there would be no unintended consequences, and concluded that there would be none. For example, OCC believes the proposed changes do not affect OCC’s liquidity forecasting procedures, nor do they impact OCC’s liquidity needs, since OCC’s liquidity forecasts and liquidity needs are driven by settlement obligations, which occur on the same day (T+3) irrespective of the move to Friday night processing and expiration dates. According to OCC, industry groups, clearing members, and options exchanges have been active participants in planning for the transition to the Friday expiration. OCC has obtained assurances from all options industry participants that they will be ready to move to Friday night expiration processing by June 2013. Rule Changes In order to implement the change to Friday expiration processing and eventual transition to Friday expiration for all Standard Expiration Contracts, OCC is amending the definition of ‘‘expiration date’’ in Article I and certain other articles of the By-Laws. As amended, the applicability of the definition is no longer limited to stock options, and the definition of ‘‘expiration date’’ in certain articles of the By-Laws therefore is deleted in reliance on the Article I definition. OCC is also amending Rule 805, and all rules supplementing or replacing Rule 805, to allow for Friday expiration processing during the transition to Friday expiration. OCC is also amending section 18 of Article VI of the By-Laws to align procedures for delays in producing Expiration Exercise Reports and submission of exercise instructions with the amended expiration exercise procedures in Rule 805. OCC is amending Rule 801 to modify the prohibition against exercising an American-style option contract on the business day prior to its expiration date, because this prohibition is necessary only for options expiring on a Saturday and to remove clearing members’ ability to revoke or modify exercise notices in order to accommodate the compressed Friday expiration processing expiration schedule. Finally, OCC is amending Rules 801 and 805 to allow certain determinations to be made by high-level officers of VerDate Mar<15>2010 18:32 Jun 20, 2013 Jkt 229001 OCC, rather than the Board of Directors, in order to provide OCC with greater operational flexibility in processing exercise requests received after Friday expiration processing is complete but before the Saturday contract expiration time, and to replace various references to the expiration date of options with reference to the procedures of Rule 805. Under the proposed change, OCC is preserving the ability of the options exchanges to designate (or, in the case of flexibly structured options, permit clearing members to designate) nonstandard expiration dates for options, or classes or series of options, so long as the designated expiration date is not a date OCC has specified as ineligible to be an expiration date. III. Discussion Section 19(b)(2)(C) of the Act 11 directs the Commission to approve a proposed rule change of a selfregulatory organization if it finds that such proposed rule change is consistent with the requirements of the Act and the rules and regulations thereunder applicable to such organization. Section 17A(b)(3)(F) of the Act 12 requires, among other things, that the rules of a clearing agency are designed to promote the prompt and accurate clearance and settlement of securities transactions and foster cooperation and coordination with persons engaged in the clearance and settlement of securities transactions. By changing the expiration date for most Standard Expiration Contracts to the third Friday of the expiration month and moving the expiration exercise procedures to Friday for all Standard Expiration Contracts, the rule change should help to promote the prompt and accurate clearance and settlement of securities transactions as well as foster cooperation and coordination with persons engaged in the clearance and settlement of securities transactions. As mentioned above, the rule change will allow OCC to streamline the expiration process among Standard Expiration, Non-standard Expiration Contracts, quarterly options, and weekly options and also align expiration processing schedules for United States markets with expiration processing schedules for European markets. IV. Conclusion On the basis of the foregoing, the Commission finds that the proposal is consistent with the requirements of the Act and in particular with the requirements of Section 17A of the 11 15 12 15 PO 00000 U.S.C. 78s(b)(2)(C). U.S.C. 78q–1(b)(3)(F). Frm 00143 Fmt 4703 Sfmt 4703 Act 13 and the rules and regulations thereunder. It is therefore ordered, pursuant to Section 19(b)(2) of the Act,14 that the proposed rule change (File No. SR– OCC–2013–04) be and hereby is approved.15 However, the proposed changes that are the subject of the proposed rule change shall not take effect until all regulatory actions required with respect to the proposed changes are completed.16 For the Commission by the Division of Trading and Markets, pursuant to delegated authority.17 Kevin M. O’Neill, Deputy Secretary . [FR Doc. 2013–14793 Filed 6–20–13; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #13614 and #13615] Illinois Disaster Number IL–00042 U.S. Small Business Administration. ACTION: Amendment 1. AGENCY: This is an amendment of the Presidential declaration of a major disaster for Public Assistance Only for the State of Illinois (FEMA–4116–DR), dated 06/06/2013. Incident: Severe Storms, Straight-line Winds and Flooding. Incident Period: 04/16/2013 through 05/05/2013. Effective Date: 06/13/2013. Physical Loan Application Deadline Date: 08/05/2013. Economic Injury (EIDL) Loan Application Deadline Date: 03/06/2014. 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, SUMMARY: 13 15 U.S.C. 78q–1. U.S.C. 78s(b)(2). 15 In approving the proposed rule change, the Commission considered the proposal’s impact on efficiency, competition, and capital formation. 15 U.S.C. 78c(f). 16 OCC also filed the proposed rule change as an advance notice under Section 806(e)(1) of the Clearing Supervision Act. 12 U.S.C. 5465(e)(1); SR– OCC–2013–802. Proposed changes filed under the Clearing Supervision Act may be implemented pursuant to Section 806(e)(1)(G) of the Clearing Supervision Act if the Commission does not object to the proposed change within 60 days of the later of (i) the date that the proposed change was filed with the Commission or (ii) the date that any additional information requested by the Commission is received. 12 U.S.C. 5465(e)(1)(G). 17 17 CFR 200.30–3(a)(12). 14 15 E:\FR\FM\21JNN1.SGM 21JNN1 Federal Register / Vol. 78, No. 120 / Friday, June 21, 2013 / Notices 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 Illinois, dated 06/06/2013, is hereby amended to include the following areas as adversely affected by the disaster. Primary Counties: Carroll, Cass, Calhoun, Greene, Lawrence, Mcdonough, Monroe, Morgan, Peoria, Schuyler, Scott, Shelby, Tazewell, Will. All other information in the original declaration remains unchanged. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Jerome Edwards, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2013–14822 Filed 6–20–13; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #13620 and #13621] The following areas have been determined to be adversely affected by the disaster: Primary Counties: Chittenden, Essex, Lamoille. The Interest Rates are: Percent For Physical Damage: Non-Profit Organizations With Credit Available Elsewhere ... Non-Profit Organizations Without Credit Available Elsewhere ..................................... For Economic Injury: Non-Profit Organizations Without Credit Available Elsewhere ..................................... 2.875 2.875 2.875 The number assigned to this disaster for physical damage is 13620B and for economic injury is 13621B. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Jerome Edwards, Acting Associate Administrator for Disaster Assistance. [FR Doc. 2013–14823 Filed 6–20–13; 8:45 am] BILLING CODE 8025–01–P SOCIAL SECURITY ADMINISTRATION This is a Notice of the Presidential declaration of a major disaster for Public Assistance Only for the State of Vermont (FEMA–4120–DR), dated 06/13/2013. Incident: Severe Storms and Flooding. Incident Period: 05/22/2013 through 05/26/2013. Effective Date: 06/13/2013. Physical Loan Application Deadline Date: 08/12/2013. Economic Injury (EIDL) Loan Application Deadline Date: 03/13/2014. 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: Alan 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 06/13/2013, 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. Privacy Act of 1974, as Amended; Computer Matching Program (SSA/ Railroad Retirement Board (RRB))— Match Number 1006 TKELLEY on DSK3SPTVN1PROD with NOTICES VerDate Mar<15>2010 18:32 Jun 20, 2013 Jkt 229001 [Docket No. SSA 2013–0010] Social Security Administration. Notice of a renewal of an existing computer matching program that will expire on September 1, 2013. AGENCY: ACTION: In accordance with the provisions of the Privacy Act, as amended, this notice announces a renewal of an existing computer matching program that we are currently conducting with RRB. DATES: We will file a report of the subject matching program with the Committee on Homeland Security and Governmental Affairs of the Senate; the Committee on Oversight and Government Reform of the House of Representatives; and the Office of Information and Regulatory Affairs, Office of Management and Budget (OMB). The matching program will be effective as indicated below. ADDRESSES: Interested parties may comment on this notice by either telefaxing to (410) 966–0869 or writing to the Executive Director, Office of Privacy and Disclosure, Office of the General Counsel, Social Security SUMMARY: PO 00000 Frm 00144 Fmt 4703 Sfmt 4703 The Executive Director, Office of Privacy and Disclosure, Office of the General Counsel, as shown above. SUPPLEMENTARY INFORMATION: A. General U.S. Small Business Administration. ACTION: Notice. SUMMARY: Administration, 617 Altmeyer Building, 6401 Security Boulevard, Baltimore, MD 21235–6401. All comments received will be available for public inspection at this address. FOR FURTHER INFORMATION CONTACT: Vermont Disaster #VT–00026 AGENCY: 37647 The Computer Matching and Privacy Protection Act of 1988 (Public Law (Pub. L.) 100–503), amended the Privacy Act (5 U.S.C. 552a) by describing the conditions under which computer matching involving the Federal government could be performed and adding certain protections for persons applying for, and receiving, Federal benefits. Section 7201 of the Omnibus Budget Reconciliation Act of 1990 (Pub. L. 101–508) further amended the Privacy Act regarding protections for such persons. The Privacy Act, as amended, regulates the use of computer matching by Federal agencies when records in a system of records are matched with other Federal, State, or local government records. It requires Federal agencies involved in computer matching programs to: (1) Negotiate written agreements with the other agency or agencies participating in the matching programs; (2) Obtain approval of the matching agreement by the Data Integrity Boards of the participating Federal agencies; (3) Publish notice of the computer matching program in the Federal Register; (4) Furnish detailed reports about matching programs to Congress and OMB; (5) Notify applicants and beneficiaries that their records are subject to matching; and (6) Verify match findings before reducing, suspending, terminating, or denying a person’s benefits or payments. B. SSA Computer Matches Subject to the Privacy Act We have taken action to ensure that all of our computer matching programs E:\FR\FM\21JNN1.SGM 21JNN1

Agencies

SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 78, Number 120 (Friday, June 21, 2013)]
[Notices]
[Pages 37646-37647]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-14822]


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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration 13614 and 13615]


Illinois Disaster Number IL-00042

AGENCY: U.S. Small Business Administration.

ACTION: Amendment 1.

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SUMMARY: This is an amendment of the Presidential declaration of a 
major disaster for Public Assistance Only for the State of Illinois 
(FEMA-4116-DR), dated 06/06/2013.
    Incident: Severe Storms, Straight-line Winds and Flooding.
    Incident Period: 04/16/2013 through 05/05/2013.
    Effective Date: 06/13/2013.
    Physical Loan Application Deadline Date: 08/05/2013.
    Economic Injury (EIDL) Loan Application Deadline Date: 03/06/2014.

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,

[[Page 37647]]

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 
Illinois, dated 06/06/2013, is hereby amended to include the following 
areas as adversely affected by the disaster.

Primary Counties: Carroll, Cass, Calhoun, Greene, Lawrence, Mcdonough, 
Monroe, Morgan, Peoria, Schuyler, Scott, Shelby, Tazewell, Will.

    All other information in the original declaration remains 
unchanged.

(Catalog of Federal Domestic Assistance Numbers 59002 and 59008)

Jerome Edwards,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 2013-14822 Filed 6-20-13; 8:45 am]
BILLING CODE 8025-01-P

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