Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Alabama, 19854-19855 [2018-09431]

Download as PDF amozie on DSK3GDR082PROD with NOTICES 19854 Federal Register / Vol. 83, No. 87 / Friday, May 4, 2018 / Notices under Section 202(a)(11). The Family Office Rule provides an exclusion from the definition of investment adviser for which the Applicant would be eligible but for the provision of Services to the Additional Family Clients. Section 203(a) of the Advisers Act requires investment advisers to register with the SEC. Because the Applicant has regulatory assets under management of more than $100 million, it is not prohibited from registering with Commission under Section 203A(a) of the Advisers Act. Therefore, absent relief, the Applicant would be required to register under Section 203(a) of the Advisers Act. 3. The Applicant submits that its proposed relationship with the Additional Family Clients does not change the nature of the office into that of a commercial advisory firm. In support of this argument, the Applicant notes that if the Parents-in-Law and Brother-in-Law were the parents and sibling, respectively of a lineal descendant, rather than the parents and sibling, respectively, of a spouse of a lineal descendant, there would be no question that each of them would be a Family Member, and their retirement assets would similarly fall within the definition of Family Client. The Applicant states that in requesting the order, the office is not attempting to expand its operations or engage in any level of commercial activity to which the Advisers Act is designed to apply. Although the Additional Family Clients do not fall within the definition of Family Member, the Applicant represents that the Additional Family Clients for the last fifteen (15) years and to this day were and continue to be considered and treated as members of the Ford Family, and that prior to forming the Applicant, the RIA had for some time provided services to the Additional Family Clients. Additionally, the Applicant represents that the number of natural persons who are not Family Members as a percentage of the total natural persons to whom the office would provide Advisory Services if relief were granted would be less than 9%. From the perspective of the Ford Family, allowing the Applicant to provide Services to the Additional Family Clients is consistent with the family’s previous experience with investment management services provided by the RIA and the existing family relationship among family members. 4. The Applicant also submits that there is no public interest in requiring the Applicant to be registered under the Advisers Act. The Applicant states that the office is a private organization that VerDate Sep<11>2014 18:16 May 03, 2018 Jkt 244001 was formed to be the ‘‘family office’’ for the Ford Family, and that the office does not have any public clients. The Applicant maintains that the office’s Advisory Services are exclusively tailored to the needs of the Ford Family and the Additional Family Clients. The Applicant argues that the provision of Advisory Services to the Additional Family Clients, who have been receiving Advisory Services from the RIA in the same manner as other family members for eleven (11) years, does not create any public interest that would require the office to be registered under the Advisers Act that is different in any manner than the considerations that apply to a ‘‘family office’’ that complies in all respects with the Family Office Rule. 5. The Applicant argues that, although the Family Office Rule largely codified the exemptive orders that the Commission had previously issued before the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Commission recognized in proposing the rule that the exact representations, conditions, or terms contained in every exemptive order could not be captured in a rule of general applicability. The Commission noted that family offices would remain free to seek a Commission exemptive order to advise an individual or entity that did not meet the proposed family client definition, and that certain situations may raise unique conflicts and issues that are more appropriately addressed through an exemptive order process where the Commission can consider the specific facts and circumstances, than through a rule of general applicability. 6. The Applicant maintains that, based on its unusual circumstances— desiring to provide Services to certain Additional Family Clients who are relatives that have been considered and treated as family members for fifteen (15) years and whose status as clients of the office would not change the nature of the office’s operations to that of a commercial advisory business—an exemptive order is appropriate based on the Applicant’s specific facts and circumstances. 7. For the foregoing reasons, the Applicant requests an order declaring it to be a person not within the intent of Section 202(a)(11) of the Advisers Act. The Applicant submits that the order is necessary and appropriate, in the public interest, consistent with the protection of investors, and consistent with the purposes fairly intended by the policy and provisions of the Advisers Act. PO 00000 Frm 00175 Fmt 4703 Sfmt 4703 The Applicant’s Conditions 1. The Applicant will offer and provide Advisory Services only to Family Clients and to the Additional Family Clients, who generally will be deemed to be, and be treated as if they were, Family Clients; provided, however, that the Additional Family Clients will be deemed to be, and treated as if they were, Family Members for purposes of paragraph (b)(1) and for purposes of paragraph (d)(4)(vi) of the Family Office Rule. 2. The Applicant will at all times be wholly owned by Family Clients and exclusively controlled (directly or indirectly) by one or more Family Members and/or Family Entities (excluding the Additional Family Clients’ Family Entities) as defined in paragraph (d)(5) of the Family Office Rule. 3. At all times the assets beneficially owned by Family Members and/or Family Entities (excluding the Additional Family Clients’ Family Entities) will account for at least 90% of the assets for which the Applicant provides Advisory Services. 4. The Applicant will comply with all the terms for exclusion from the definition of investment adviser under the Advisers Act set forth in the Family Office Rule except for the limited exception requested by this Application. For the Commission, by the Division of Investment Management, under delegated authority. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018–09559 Filed 5–3–18; 8:45 am] BILLING CODE 8011–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15499 and #15500; ALABAMA Disaster Number AL–00088] Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Alabama U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a notice of the presidential declaration of a major disaster for public assistance only for the state of Alabama (FEMA–4362–DR), dated 04/26/2018. Incident: Severe Storms and Tornadoes. Incident Period: 03/19/2018 through 03/20/2018. DATES: Issued on 04/26/2018. Physical Loan Application Deadline Date: 06/25/2018. SUMMARY: E:\FR\FM\04MYN1.SGM 04MYN1 Federal Register / Vol. 83, No. 87 / Friday, May 4, 2018 / Notices Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2019. 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 President’s major disaster declaration on 04/26/2018, Private Non-Profit organizations that provide essential services of a 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: Calhoun, Cullman, Etowah, Saint Clair 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 ..................................... 2.500 2.500 2.500 The number assigned to this disaster for physical damage is 15499B and for economic injury is 155000. (Catalog of Federal Domestic Assistance Number 59008) James Rivera, Associate Administrator for Disaster Assistance. [FR Doc. 2018–09431 Filed 5–3–18; 8:45 am] BILLING CODE 8025–01–P SMALL BUSINESS ADMINISTRATION [Disaster Declaration #15497 and #15498; Alabama Disaster Number AL–00087] amozie on DSK3GDR082PROD with NOTICES Presidential Declaration of a Major Disaster for the State of ALABAMA U.S. Small Business Administration. ACTION: Notice. AGENCY: This is a Notice of the Presidential declaration of a major disaster for the State of Alabama (FEMA–4362–DR), dated 04/26/2018. Incident: Severe Storms and Tornadoes. Incident Period: 03/19/2018 through 03/20/2018. Issued on 04/26/2018. Physical Loan Application Deadline Date: 06/25/2018. Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2019. 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, (202) 205–6734. FOR FURTHER INFORMATION CONTACT: Notice is hereby given that as a result of the President’s major disaster declaration on 04/26/2018, 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 (Physical Damage and Economic Injury Loans): Calhoun, Cullman, Etowah Contiguous Counties (Economic Injury Loans Only): Alabama, Blount, Cherokee, Cleburne, De Kalb, Lawrence, Marshall, Morgan, Saint Clair, Talladega, Walker, Winston The Interest Rates are: SUPPLEMENTARY INFORMATION: 18:16 May 03, 2018 Jkt 244001 (Catalog of Federal Domestic Assistance Number 59008) James Rivera, Associate Administrator for Disaster Assistance. [FR Doc. 2018–09433 Filed 5–3–18; 8:45 am] BILLING CODE 8025–01–P DEPARTMENT OF STATE [Public Notice: 10405] Notice of Determinations; Culturally Significant Objects Imported for Exhibition Determinations: ‘‘Canova’s George Washington’’ Exhibition Notice is hereby given of the following determinations: I hereby determine that certain objects to be included in the exhibition ‘‘Canova’s George Washington,’’ imported from abroad for temporary exhibition within the United States, are of cultural significance. The objects are imported pursuant to loan agreements with the foreign owners or custodians. I also determine that the exhibition or display of the exhibit objects at The Frick Collection, New York, New York, from on or about May 23, 2018, until on or about September 23, 2018, and at possible additional exhibitions or venues yet to be determined, is in the national interest. I have ordered that Public Notice of these determinations be published in the Federal Register. SUMMARY: FOR FURTHER INFORMATION CONTACT: Elliot Chiu, Attorney-Adviser, Office of the Legal Adviser, U.S. Department of State (telephone: 202–632–6471; email: section2459@state.gov). The mailing address is U.S. Department of State, L/ 3.625 PD, SA–5, Suite 5H03, Washington, DC 1.813 20522–0505. Percent 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 ..................................... 7.160 3.580 2.500 2.500 3.580 2.500 SUMMARY: VerDate Sep<11>2014 19855 The number assigned to this disaster for physical damage is 15497B and for economic injury is 154980. PO 00000 Frm 00176 Fmt 4703 Sfmt 4703 The foregoing determinations were made pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), E.O. 12047 of March 27, 1978, the Foreign Affairs Reform and Restructuring Act of 1998 (112 Stat. 2681, et seq.; 22 U.S.C. 6501 note, et seq.), Delegation of Authority No. 234 of October 1, 1999, and Delegation of Authority No. 236–3 of August 28, 2000. SUPPLEMENTARY INFORMATION: Marie Therese Porter Royce, Assistant Secretary for Educational and Cultural Affairs, Department of State. [FR Doc. 2018–09639 Filed 5–3–18; 8:45 am] BILLING CODE 4710–05–P E:\FR\FM\04MYN1.SGM 04MYN1

Agencies

[Federal Register Volume 83, Number 87 (Friday, May 4, 2018)]
[Notices]
[Pages 19854-19855]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-09431]


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SMALL BUSINESS ADMINISTRATION

[Disaster Declaration #15499 and #15500; ALABAMA Disaster Number AL-
00088]


Presidential Declaration of a Major Disaster for Public 
Assistance Only for the State of Alabama

AGENCY: U.S. Small Business Administration.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: This is a notice of the presidential declaration of a major 
disaster for public assistance only for the state of Alabama (FEMA-
4362-DR), dated 04/26/2018.
    Incident: Severe Storms and Tornadoes.
    Incident Period: 03/19/2018 through 03/20/2018.

DATES: Issued on 04/26/2018.
    Physical Loan Application Deadline Date: 06/25/2018.

[[Page 19855]]

    Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2019.

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 President's major disaster declaration on 04/26/2018, Private Non-
Profit organizations that provide essential services of a 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: Calhoun, Cullman, Etowah, Saint Clair

    The Interest Rates are:

------------------------------------------------------------------------
                                                                Percent
------------------------------------------------------------------------
For Physical Damage:
  Non-Profit Organizations With Credit Available Elsewhere...      2.500
  Non-Profit Organizations Without Credit Available Elsewhere      2.500
For Economic Injury:
  Non-Profit Organizations Without Credit Available Elsewhere      2.500
------------------------------------------------------------------------

    The number assigned to this disaster for physical damage is 15499B 
and for economic injury is 155000.

(Catalog of Federal Domestic Assistance Number 59008)

James Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2018-09431 Filed 5-3-18; 8:45 am]
 BILLING CODE 8025-01-P
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