Virginia Disaster Number VA-00065, 86060-86061 [2016-28646]
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86060
Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices
protection of investors and the
maintenance of fair and orderly markets
to assure the availability to brokers,
dealers, and investors of information
with respect to quotations for, and
transactions in, securities. Information
regarding NAV-based trading prices,
best bids and offers for Shares, and
volume of Shares traded will be
continually available on a real-time
basis throughout the day on brokers’
computer screens and other electronic
services. All bids and offers for Shares
and all Share trade executions will be
reported intraday in real time by the
Exchange to the Consolidated Tape and
separately disseminated to member
firms and market data services through
the Exchange data feeds.
Once a Fund’s daily NAV has been
calculated and disseminated, Nasdaq
will price each Share trade entered into
during the day at the Fund’s NAV plus
or minus the trade’s executed premium
or discount. Using the final trade price,
each executed Share trade will then be
disseminated to member firms and
market data services via an FTP file 26
that will be created for exchange-traded
managed funds and that will be
confirmed to the member firms
participating in the trade to supplement
the previously provided information
with final pricing.
The Exchange will obtain a
representation from the issuer of the
Shares that the NAV per Share will be
calculated daily (on each business day
that the New York Stock Exchange is
open for trading) and provided to
Nasdaq via the Mutual Fund Quotation
Service (‘‘MFQS’’) by the fund
accounting agent. As soon as the NAV
is entered into MFQS, Nasdaq will
disseminate the value to market
participants and market data vendors
via the Mutual Fund Dissemination
Service so that all firms will receive the
NAV per share at the same time.
The Exchange further represents that
it may consider all relevant factors in
exercising its discretion to halt or
suspend trading in Shares. Nasdaq will
halt trading in Shares under the
conditions specified in Nasdaq Rule
4120 and in Nasdaq Rule 5745(d)(2)(C).
Additionally, Nasdaq may cease trading
Shares if other unusual conditions or
circumstances exist that, in the opinion
of Nasdaq, make further dealings on
Nasdaq detrimental to the maintenance
of a fair and orderly market. To manage
the risk of a non-regulatory Share
26 According to Nasdaq, File Transfer Protocol
(‘‘FTP’’) is a standard network protocol used to
transfer computer files on the Internet. Nasdaq will
arrange for the daily dissemination of an FTP file
with executed Share trades to member firms and
market data services.
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trading halt, Nasdaq has in place backup processes and procedures to ensure
orderly trading.
Prior to the commencement of market
trading in Shares, each Fund will be
required to establish and maintain a
public Web site through which its
current prospectus may be downloaded.
In addition, a separate Web site
(www.nextshares.com) will include the
prior business day’s NAV, and the
following trading information for that
business day expressed as premiums or
discounts to NAV: (a) Intraday high,
low, average, and closing prices of
Shares in Exchange trading; (b) the
midpoint of the highest bid and lowest
offer prices as of the close of Exchange
trading, expressed as a premium or
discount to NAV (‘‘Closing Bid/Ask
Midpoint’’); and (c) the spread between
highest bid and lowest offer prices as of
the close of Exchange trading (‘‘Closing
Bid/Ask Spread.’’). The Web site at
www.nextshares.com will also contain
charts showing the frequency
distribution and range of values of
trading prices, Closing Bid/Ask
Midpoints, and Closing Bid/Ask
Spreads over time.
The Exchange represents that all
statements and representations made in
this filing regarding (a) the description
of the Funds’ portfolios, (b) limitations
on portfolio holdings or reference assets,
or (c) the applicability of Exchange rules
and surveillance procedures shall
constitute continued listing
requirements for listing the Shares of
the Funds on the Exchange. The issuer
has represented to the Exchange that it
will advise the Exchange of any failure
by any Fund to comply with the
continued listing requirements, and,
pursuant to its obligations under
Section 19(g)(1) of the Act, the Exchange
will monitor for compliance with the
continued listing requirements.27 If a
Fund is not in compliance with the
applicable listing requirements, the
Exchange will commence delisting
procedures under Nasdaq Rules 5800, et
seq.
This approval order is based on all of
the Exchange’s representations,
including those set forth above, in the
27 The Commission notes that certain other
proposals for the listing and trading of Managed
Fund Shares include a representation that the
exchange will ‘‘surveil’’ for compliance with the
continued listing requirements. See, e.g., Securities
Exchange Act Release No. 78005 (Jun. 7, 2016), 81
FR 38247 (Jun. 13, 2016) (SR–BATS–2015–100). In
the context of this representation, it is the
Commission’s view that ‘‘monitor’’ and ‘‘surveil’’
both mean ongoing oversight of a fund’s compliance
with the continued listing requirements. Therefore,
the Commission does not view ‘‘monitor’’ as a more
or less stringent obligation than ‘‘surveil’’ with
respect to the continued listing requirements.
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Sfmt 4703
Notice and Amendment No. 1,28 and the
Exchange’s description of the Funds.
The Commission notes that the Funds
and the Shares must comply with the
requirements of Nasdaq Rule 5745 and
the conditions set forth in this proposed
rule change to be listed and traded on
the Exchange on an initial and
continuing basis.
For the foregoing reasons, the
Commission finds that the proposed
rule change, as modified by Amendment
No. 1, is consistent with Section 6(b)(5)
of the Act 29 and the rules and
regulations thereunder applicable to a
national securities exchange.
IV. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,30 that the
proposed rule change (SR–NASDAQ–
2016–134), as modified by Amendment
No. 1, be, and it hereby is, approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.31
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016–28636 Filed 11–28–16; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14958 and #14959]
Virginia Disaster Number VA–00065
U.S. Small Business
Administration.
ACTION: Amendment 2.
AGENCY:
This is an amendment of the
Presidential declaration of a major
disaster for the Commonwealth of
Virginia (FEMA–4291–DR), dated 11/
02/2016.
Incident: Hurricane Matthew.
Incident Period: 10/07/2016 through
10/15/2016.
EFFECTIVE DATES: 11/17/2016.
Physical Loan Application Deadline
Date: 01/03/2017.
EIDL Loan Application Deadline Date:
08/02/2017.
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.
SUMMARY:
28 See
supra notes 3 and 4, respectively.
U.S.C. 78f(b)(5).
30 15 U.S.C. 78s(b)(2).
31 17 CFR 200.30–3(a)(12).
29 15
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Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices
The notice
of the Presidential disaster declaration
for the Commonwealth of Virginia,
dated 11/02/2016 is hereby amended to
include the following areas as adversely
affected by the disaster:
Primary Counties: (Physical Damage
and Economic Injury Loans):
Hampton City, Portsmouth City,
Suffolk City.
Contiguous Counties: (Economic Injury
Loans Only):
Virginia: Isle of Wight, Poquoson City,
Southampton.
North Carolina: Gates.
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Number 59008)
(Catalog of Federal Domestic Assistance
Number 59008)
SUMMARY:
SUPPLEMENTARY INFORMATION:
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[FR Doc. 2016–28646 Filed 11–28–16; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14911 and #14912]
North Carolina; Disaster Number NC–
00081
U.S. Small Business
Administration.
ACTION: Amendment 14.
AGENCY:
This is an amendment of the
Presidential declaration of a major
disaster for the State of North Carolina
(FEMA–4285–DR), dated 10/10/2016.
Incident: Hurricane Matthew.
Incident Period: 10/04/2016 through
10/24/2016.
Effective Date: 11/15/2016.
Physical Loan Application Deadline
Date: 01/09/2017.
EIDL Loan Application Deadline Date:
07/10/2017.
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 North
Carolina, dated 10/10/2016 is hereby
amended to extend the deadline for
filing applications for physical damages
as a result of this disaster to 01/09/2017.
All other information in the original
declaration remains unchanged.
asabaliauskas on DSK3SPTVN1PROD with NOTICES
SUMMARY:
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17:48 Nov 28, 2016
Jkt 241001
James E. Rivera,
Associate Administrator for Disaster
Assistance.
[FR Doc. 2016–28645 Filed 11–28–16; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14987 and #14988]
PENNSYLVANIA Disaster #PA–00075
U.S. Small Business
Administration.
ACTION: Notice.
AGENCY:
This is a notice of an
Administrative declaration of a disaster
for the Commonwealth of Pennsylvania
dated 11/18/2016.
Incident: Flash Flooding.
Incident Period: 10/21/2016.
Effective Date: 11/18/2016.
Physical Loan Application Deadline
Date: 01/17/2017.
Economic Injury (EIDL) Loan
Application Deadline Date: 08/18/2017.
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
Administrator’s disaster declaration,
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:
Centre, Lycoming.
Contiguous Counties:
Pennsylvania: Blair, Bradford,
Clearfield, Clinton, Columbia,
Huntingdon, Mifflin, Montour,
Northumberland, Potter, Sullivan,
Tioga, Union.
The Interest Rates are:
For Physical Damage:
Homeowners With Credit Available Elsewhere ......................
Homeowners Without Credit
Available Elsewhere ..............
Businesses With Credit Available Elsewhere ......................
Businesses
Without
Credit
Available Elsewhere ..............
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86061
Percent
Non-Profit Organizations With
Credit Available Elsewhere ...
Non-Profit Organizations Without Credit Available Elsewhere .....................................
For Economic Injury:
Businesses & Small Agricultural
Cooperatives Without Credit
Available Elsewhere ..............
Non-Profit Organizations Without Credit Available Elsewhere .....................................
2.625
2.625
4.000
2.625
The number assigned to this disaster
for physical damage is 14987 6 and for
economic injury is 14988 0.
The State which received an EIDL
Declaration # is Pennsylvania.
(Catalog of Federal Domestic Assistance
Number 59008)
Dated: November 18, 2016.
Maria Contreras-Sweet,
Administrator.
[FR Doc. 2016–28647 Filed 11–28–16; 8:45 am]
BILLING CODE 8025–01–P
SURFACE TRANSPORTATION BOARD
60-Day Notice of Intent To Seek
Extension of Approval: Information
Collection Activities (Complaints,
Petitions for Declaratory Orders, and
Petitions for Relief Not Otherwise
Specified)
Surface Transportation Board.
Notice and request for
comments.
AGENCY:
ACTION:
As part of its continuing effort
to reduce paperwork burdens, and as
required by the Paperwork Reduction
Act of 1995, 44 U.S.C. 3501–3521 (PRA),
the Surface Transportation Board (STB
or Board) gives notice that it is
requesting from the Office of
Management and Budget (OMB)
approval of an extension of the
information collections required for (1)
complaints filed under 49 U.S.C. 1321,
10701–10707, 11101 and 11701–11707
and 49 CFR 1111; (2) petitions for
declaratory orders under 5 U.S.C. 554(e)
and 49 U.S.C. 1321; and (3) catch-all
petitions (for relief not otherwise
specified) under 49 U.S.C. 1321 and 49
Percent
CFR part 1117. Under these statutory
and regulatory sections, the Board
provides procedures for persons to make
3.125 a broad range of claims and to seek a
broad range of remedies before the
1.563
Board. The information collections
6.250 relevant to these complaints and
petitions are described separately
4.000 below.
SUMMARY:
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Agencies
[Federal Register Volume 81, Number 229 (Tuesday, November 29, 2016)]
[Notices]
[Pages 86060-86061]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-28646]
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #14958 and #14959]
Virginia Disaster Number VA-00065
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 2.
-----------------------------------------------------------------------
SUMMARY: This is an amendment of the Presidential declaration of a
major disaster for the Commonwealth of Virginia (FEMA-4291-DR), dated
11/02/2016.
Incident: Hurricane Matthew.
Incident Period: 10/07/2016 through 10/15/2016.
EFFECTIVE DATES: 11/17/2016.
Physical Loan Application Deadline Date: 01/03/2017.
EIDL Loan Application Deadline Date: 08/02/2017.
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.
[[Page 86061]]
SUPPLEMENTARY INFORMATION: The notice of the Presidential disaster
declaration for the Commonwealth of Virginia, dated 11/02/2016 is
hereby amended to include the following areas as adversely affected by
the disaster:
Primary Counties: (Physical Damage and Economic Injury Loans): Hampton
City, Portsmouth City, Suffolk City.
Contiguous Counties: (Economic Injury Loans Only):
Virginia: Isle of Wight, Poquoson City, Southampton.
North Carolina: Gates.
All other information in the original declaration remains
unchanged.
(Catalog of Federal Domestic Assistance Number 59008)
James E. Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2016-28646 Filed 11-28-16; 8:45 am]
BILLING CODE 8025-01-P