Administrative Declaration of a Disaster for the Commonwealth of Pennsylvania, 14305-14306 [2018-06681]
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Federal Register / Vol. 83, No. 64 / Tuesday, April 3, 2018 / Notices
amozie on DSK30RV082PROD with NOTICES
basis, in accordance with the
procedures set forth in Exchange Rule
8040(d). Upon receipt of a Directed
Order from an OFP,9 an EP must either
submit the Directed Order to the PIP, or
send the Directed Order to the BOX
Book.10 In addition, the BOX Trading
Host will send the Directed Order to the
BOX Book: (i) If the EP has not taken
action within one second of receipt of
a Directed Order; 11 (ii) if the Market
Maker that the order is directed to has
not systematically indicated that it is an
EP; 12 (iii) upon receipt of a subsequent
Directed Order for the same EP for the
same series and side of the market if a
Guaranteed Directed Order (‘‘GDO’’) 13
has been automatically generated and is
pending; 14 or (iv) if a Directed Order is
modified once the BOX Trading Host
has established a GDO.15
As noted above, BOX proposes that if
a Directed Order with an Auction Only
designation would be sent to the BOX
Book for any reason, it will instead be
cancelled back to the OFP that
submitted the Directed Order.16 The
Exchange notes that, under the
proposal, the Auction Only designation
will be automatically applied by the
system, and the designation will not be
disclosed to the EP.17
The Exchange represents that it will
provide at least two weeks’ notice to
Participants via Circular prior to the
launch of the proposed change, which
the Exchange anticipates will be during
the second quarter of 2018.18
as specialists on the Exchange for all purposes
under the Act or Rules thereunder. See Exchange
Rule 100(a)(31).
9 An OFP is an Options Participant representing
as agent Customer Orders on the Exchange or a nonMarket Maker Participant conducting proprietary
trading. See Exchange Rule 100(a)(46).
10 See Exchange Rule 8040(d)(3).
11 See Exchange Rule 8040(d)(4).
12 See Exchange Rule 8040(d)(1).
13 If a Directed Order is executable against the
current national best bid or offer (‘‘NBBO’’) and the
EP is also quoting at such NBBO on the opposite
side of the Directed Order, then the Trading Host
will immediately upon receipt of the Directed Order
take down the EP’s quote and guarantee the EP’s
execution of the Directed Order for at least the price
and size of the EP’s quote. This guarantee is the
GDO, and the EP’s quote will not be reestablished
until the Directed Order has been processed
pursuant to Exchange Rule 8040(d). See Exchange
Rule 8040(d)(2)(i).
14 See Exchange Rule 8040(d)(2)(ii).
15 See Exchange Rule 8040(d)(5).
16 The Exchange notes that interest on the BOX
Book may still interact with a Directed Order that
has an Auction Only designation via the PIP
allocation. See Exchange Rule 7150(g).
17 The Exchange notes that existing restrictions on
an EP’s behavior will continue to apply.
Specifically, an EP shall not submit to the Exchange
a contra order to the Directed Order for its
proprietary account during the one second
following submission of the Directed Order to the
Exchange. See Exchange Rule 8040(d)(6)(i).
18 See Notice, supra note 4, at 7085.
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III. Discussion and Commission’s
Findings
After careful review, the Commission
finds that the proposed rule change is
consistent with the requirements of the
Act and the rules and regulations
thereunder applicable to a national
securities exchange.19 In particular, the
Commission finds that the proposed
rule change is consistent with Section
6(b)(5) of the Act,20 which requires,
among other things, that the rules of a
national securities exchange be
designed to promote just and equitable
principles of trade, to foster cooperation
and coordination with persons engaged
in regulating transactions in securities,
to remove impediments to and perfect
the mechanism of a free and open
market and a national market system
and, in general, to protect investors and
the public interest, and not be designed
to permit unfair discrimination between
customers, issuers, brokers, or dealers.
The Commission also finds that the
proposed rule change is consistent with
Section 6(b)(8) of the Act,21 which
requires that the rules of an exchange
not impose any burden on competition
that is not necessary or appropriate in
furtherance of the purposes of the Act.
The Commission believes that the
Auction Only designation will provide
OFPs with greater control over how
their Directed Orders are handled by the
EP, as OFPs will have certainty that
their Directed Orders with the Auction
Only designation will either be executed
in the PIP or cancelled.22 In addition,
should the Directed Order be entered
into the PIP, the Directed Order will
receive the opportunity for price
improvement.23 Moreover, the
Commission notes that an EP will not be
notified whether a Directed Order was
submitted with the Auction Only
designation,24 and current restrictions
on an EP’s behavior with respect to
Directed Orders will continue to
apply.25 Accordingly, the Commission
believes that the Exchange’s proposal is
consistent with the Act.
19 In approving this proposed rule change, the
Commission has considered the proposed rule’s
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
20 15 U.S.C. 78f(b)(5).
21 15 U.S.C. 78f(b)(8).
22 The Exchange notes that, pursuant to Exchange
Rule 7150(f), a customer order that is submitted to
the PIP must be submitted with a matching contra
side order equal to the full size of the customer
order and as such, the order is guaranteed to be
fully executed. See Notice, supra note 4, at 7085
n.13.
23 See Exchange Rule 7150.
24 See proposed IM–8040–3 to Exchange Rule
8040.
25 See supra note 17.
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14305
IV. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,26 that the
proposed rule change (SR–BOX–2018–
06) be, and hereby is, approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.27
Jill Peterson,
Assistant Secretary.
[FR Doc. 2018–06690 Filed 4–2–18; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #15460 and #15461;
PENNSYLVANIA Disaster Number PA–
00083]
Administrative Declaration of a
Disaster for the Commonwealth of
Pennsylvania
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 03/27/2018.
Incident: Severe Storms and
Tornadoes.
Incident Period: 02/15/2018 through
02/17/2018.
DATES: Issued on 03/27/2018.
Physical Loan Application Deadline
Date: 05/29/2018.
Economic Injury (EIDL) Loan
Application Deadline Date: 12/27/2018.
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, (202) 205–6734.
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: Fayette
Contiguous Counties:
Pennsylvania: Greene, Somerset,
Washington, Westmoreland
Maryland: Garrett
SUMMARY:
26 15
27 17
E:\FR\FM\03APN1.SGM
U.S.C. 78s(b)(2).
CFR 200.30–3(a)(12).
03APN1
14306
Federal Register / Vol. 83, No. 64 / Tuesday, April 3, 2018 / Notices
by the constitution or laws of the given
State.
West Virginia: Monongalia, Preston
The Interest Rates are:
Percent
amozie on DSK30RV082PROD with NOTICES
For Physical Damage:
Homeowners with Credit Available Elsewhere ......................
Homeowners without Credit
Available Elsewhere ..............
Businesses with Credit Available Elsewhere ......................
Businesses
without
Credit
Available Elsewhere ..............
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 .....................................
Dianna L. Seaborn,
Director, Office of Financial Assistance.
[FR Doc. 2018–06677 Filed 4–2–18; 8:45 am]
BILLING CODE 8025–01–P
3.625
1.813
7.160
3.580
2.500
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #15466 and #15467;
NEW YORK Disaster Number NY–00182]
Administrative Declaration of a
Disaster for the State of NEW YORK
U.S. Small Business
Administration.
2.500 ACTION: Notice.
AGENCY:
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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 .....................................
2.500
3.385
2.500
The number assigned to this disaster
for physical damage is 15466 6 and for
economic injury is 15467 0.
The States which received an EIDL
Declaration # are New York, Vermont.
(Catalog of Federal Domestic Assistance
Number 59008)
This is a notice of an
Administrative declaration of a disaster
3.580 for the State of New York dated
03/27/2018.
Incident: Flooding.
Incident Period: 01/15/2018 through
2.500
01/16/2018.
DATES: Issued on 03/27/2018.
The number assigned to this disaster
Physical Loan Application Deadline
for physical damage is 15460 C and for
Date: 05/29/2018.
economic injury is 15461 0.
Economic Injury (EIDL) Loan
The States which received an EIDL
Application Deadline Date: 12/27/2018.
Declaration # are Pennsylvania,
ADDRESSES: Submit completed loan
Maryland, West Virginia.
applications to: U.S. Small Business
(Catalog of Federal Domestic Assistance
Administration, Processing and
Number 59008)
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
Dated: March 27, 2018.
FOR FURTHER INFORMATION CONTACT: A.
Linda E. McMahon,
Escobar, Office of Disaster Assistance,
Administrator.
U.S. Small Business Administration,
[FR Doc. 2018–06681 Filed 4–2–18; 8:45 am]
409 3rd Street SW, Suite 6050,
BILLING CODE 8025–01–P
Washington, DC 20416, (202) 205–6734.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that as a result of the
SMALL BUSINESS ADMINISTRATION
Administrator’s disaster declaration,
applications for disaster loans may be
Interest Rates
filed at the address listed above or other
locally announced locations.
The Small Business Administration
The following areas have been
publishes an interest rate called the
optional ‘‘peg’’ rate (13 CFR 120.214) on determined to be adversely affected by
a quarterly basis. This rate is a weighted the disaster:
Primary Counties: Clinton
average cost of money to the
government for maturities similar to the Contiguous Counties:
New York: Essex, Franklin
average SBA direct loan. This rate may
Vermont: Chittenden, Grand Isle
be used as a base rate for guaranteed
The Interest Rates are:
fluctuating interest rate SBA loans. This
rate will be 2.625 percent for the April–
Percent
June quarter of FY 2018.
Pursuant to 13 CFR 120.921(b), the
For Physical Damage:
Homeowners with Credit Availmaximum legal interest rate for any
able Elsewhere ......................
3.500
third party lender’s commercial loan
Homeowners without Credit
which funds any portion of the cost of
Available Elsewhere ..............
1.750
a 504 project (see 13 CFR 120.801) shall
Businesses with Credit Availbe 6% over the New York Prime rate or,
able Elsewhere ......................
6.770
if that exceeds the maximum interest
Businesses
without
Credit
rate permitted by the constitution or
Available Elsewhere ..............
3.385
laws of a given State, the maximum
Non-Profit Organizations with
interest rate will be the rate permitted
Credit Available Elsewhere ...
2.500
SUMMARY:
Percent
Linda E. McMahon,
Administrator.
[FR Doc. 2018–06678 Filed 4–2–18; 8:45 am]
BILLING CODE 8025–01–P
SOCIAL SECURITY ADMINISTRATION
[Docket No: SSA–2018–0013]
Agency Information Collection
Activities: Proposed Request and
Comment Request
The Social Security Administration
(SSA) publishes a list of information
collection packages requiring clearance
by the Office of Management and
Budget (OMB) in compliance with
Public Law 104–13, the Paperwork
Reduction Act of 1995, effective October
1, 1995. This notice includes revisions
of OMB-approved information
collections.
SSA is soliciting comments on the
accuracy of the agency’s burden
estimate; the need for the information;
its practical utility; ways to enhance its
quality, utility, and clarity; and ways to
minimize burden on respondents,
including the use of automated
collection techniques or other forms of
information technology. Mail, email, or
fax your comments and
recommendations on the information
collection(s) to the OMB Desk Officer
and SSA Reports Clearance Officer at
the following addresses or fax numbers.
(OMB), Office of Management and
Budget, Attn: Desk Officer for SSA,
Fax: 202–395–6974, Email address:
OIRA_Submission@omb.eop.gov
(SSA), Social Security Administration,
OLCA, Attn: Reports Clearance
Director, 3100 West High Rise, 6401
Security Blvd., Baltimore, MD 21235,
Fax: 410–966–2830, Email address:
OR.Reports.Clearance@ssa.gov
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03APN1
Agencies
[Federal Register Volume 83, Number 64 (Tuesday, April 3, 2018)]
[Notices]
[Pages 14305-14306]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-06681]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #15460 and #15461; PENNSYLVANIA Disaster Number
PA-00083]
Administrative Declaration of a Disaster for the Commonwealth of
Pennsylvania
AGENCY: U.S. Small Business Administration.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This is a notice of an Administrative declaration of a
disaster for the Commonwealth of Pennsylvania dated 03/27/2018.
Incident: Severe Storms and Tornadoes.
Incident Period: 02/15/2018 through 02/17/2018.
DATES: Issued on 03/27/2018.
Physical Loan Application Deadline Date: 05/29/2018.
Economic Injury (EIDL) Loan Application Deadline Date: 12/27/2018.
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, (202) 205-6734.
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: Fayette
Contiguous Counties:
Pennsylvania: Greene, Somerset, Washington, Westmoreland
Maryland: Garrett
[[Page 14306]]
West Virginia: Monongalia, Preston
The Interest Rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
For Physical Damage:
Homeowners with Credit Available Elsewhere................. 3.625
Homeowners without Credit Available Elsewhere.............. 1.813
Businesses with Credit Available Elsewhere................. 7.160
Businesses without Credit Available Elsewhere.............. 3.580
Non-Profit Organizations with Credit Available Elsewhere... 2.500
Non-Profit Organizations without Credit Available Elsewhere 2.500
For Economic Injury:
Businesses & Small Agricultural Cooperatives without Credit 3.580
Available Elsewhere.......................................
Non-Profit Organizations without Credit Available Elsewhere 2.500
------------------------------------------------------------------------
The number assigned to this disaster for physical damage is 15460 C
and for economic injury is 15461 0.
The States which received an EIDL Declaration # are Pennsylvania,
Maryland, West Virginia.
(Catalog of Federal Domestic Assistance Number 59008)
Dated: March 27, 2018.
Linda E. McMahon,
Administrator.
[FR Doc. 2018-06681 Filed 4-2-18; 8:45 am]
BILLING CODE 8025-01-P