Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Hawaii, 23323-23324 [2018-10658]
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Federal Register / Vol. 83, No. 97 / Friday, May 18, 2018 / Notices
because some, such as RUT, are used to
determine the settlement value for
volatility index derivatives. A similar
process does not occur for equity
options, and thus, the risk of opening
trading in an equity option interfering
with a settlement process on another
exchange is not present. As discussed
above, the proposed rule change is
similar to the opening process of
another options exchange, which also
provides that opening for trading may
be dependent on whether another
options exchange is open.15
C. Self-Regulatory Organization’s
Statement on Comments on the
Proposed Rule Change Received From
Members, Participants, or Others
The Exchange neither solicited nor
received comments on the proposed
rule change.
III. Date of Effectiveness of the
Proposed Rule Change and Timing for
Commission Action
Because the foregoing proposed rule
change does not: (i) Significantly affect
the protection of investors or the public
interest; (ii) impose any significant
burden on competition; and (iii) become
operative for 30 days from the date on
which it was filed, or such shorter time
as the Commission may designate, it has
become effective pursuant to Section
19(b)(3)(A) 16 of the Act and Rule 19b–
4(f)(6) thereunder.17
A proposed rule change filed
pursuant to Rule 19b–4(f)(6) under the
Act 18 normally does not become
operative for 30 days after the date of its
filing. However, Rule 19b–4(f)(6)(iii) 19
permits the Commission to designate a
shorter time if such action is consistent
with the protection of investors and the
public interest. The Exchange has asked
the Commission to waive the 30-day
operative delay so that the proposal is
operative on May 14, 2018, which is
also the date the C2 technology
migration is to occur.20 The Exchange
states that on May 16, 2018 Cboe
Options will determine settlement
values for certain volatility index
derivatives by using the prices of RUT
options trading on Cboe Options.
15 See
BX Rule Section 8(b).
U.S.C. 78s(b)(3)(A).
17 17 CFR 240.19b–4(f)(6). In addition, Rule 19b–
4(f)(6) requires a self-regulatory organization to give
the Commission written notice of its intent to file
the proposed rule change, along with a brief
description and the text of the proposed rule
change, at least five business days prior to the date
of filing of the proposed rule change, or such
shorter time as designated by the Commission. The
Exchange has satisfied this requirement.
18 17 CFR 240.19b–4(f)(6).
19 17 CFR 240.19b–4(f)(6)(iii).
20 See supra note 5.
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16 15
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According to the Exchange, waiver of
the 30-day operative delay would avoid
trading on C2 potentially interfering
with the calculation of volatility index
derivative settlement values by ensuring
that on May 16, trading in RUT options
on C2 will not begin before those
options are open on Cboe Options.
Accordingly, the Commission believes
the waiver of the operative delay is
consistent with the protection of
investors and the public interest
because it will avoid investor confusion
that could result from C2 opening a
dually and exclusively listed index
option concurrently with, or prior to,
Cboe Options, which could lead the two
exchanges potentially to open at
different prices given the material
differences in their opening processes.
The possibility for such divergence
could be particularly confusing to
investors on a volatility index
settlement day, which will next occur
on May 16. Therefore, the Commission
hereby waives the operative delay and
designates the proposal operative on
May 14, 2018.21
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is: (i) Necessary or appropriate in
the public interest; (ii) for the protection
of investors; or (iii) otherwise in
furtherance of the purposes of the Act.
If the Commission takes such action, the
Commission shall institute proceedings
to determine whether the proposed rule
should be approved or disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
Electronic Comments
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
C2–2018–009 on the subject line.
Paper Comments
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
21 For purposes only of waiving the 30-day
operative delay, the Commission has also
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
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23323
All submissions should refer to File
Number SR–C2–2018–009. This file
number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–C2–2018–009, and should
be submitted on or before June 8, 2018.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.22
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018–10601 Filed 5–17–18; 8:45 am]
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #15522 and #15523;
Hawaii Disaster Number HI–00047]
Presidential Declaration of a Major
Disaster for Public Assistance Only for
the State of Hawaii
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 Hawaii (FEMA–4366–DR),
dated 05/11/2018.
SUMMARY:
22 17
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CFR 200.30–3(a)(12).
18MYN1
23324
Federal Register / Vol. 83, No. 97 / Friday, May 18, 2018 / Notices
Incident: Kilauea Volcanic Eruption
and Earthquakes.
Incident Period: 05/03/2018 and
continuing.
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36193]
Issued on 05/11/2018.
Physical Loan Application Deadline
Date: 07/10/2018.
Economic Injury (EIDL) Loan
Application Deadline Date: 02/11/2019.
daltland on DSKBBV9HB2PROD with NOTICES
DATES:
Chicago Junction Railway Company,
LLC—Change in Operators Exemption
Including Interchange Commitment—
Chicago Terminal Railroad Company
Chicago Junction Railway Company,
LLC (CJR), a noncarrier, has filed a
verified notice of exemption under 49
CFR 1150.31 to assume operations over
ADDRESSES: Submit completed loan
approximately 25 miles of rail line
applications to: U.S. Small Business
owned by Union Pacific Railroad
Administration, Processing and
Company (UP) located in the Centex
Disbursement Center, 14925 Kingsport
Industrial Park and 11,500 feet of track
Road, Fort Worth, TX 76155.
in the adjacent Elk Grove Yard in Elk
Grove Village, Ill. (the Lines). The Lines
FOR FURTHER INFORMATION CONTACT: A.
originate at the west end of UP’s
Escobar, Office of Disaster Assistance,
approximate 800-foot Elk Grove Lead
U.S. Small Business Administration,
track extending from its Milwaukee
409 3rd Street SW, Suite 6050,
Subdivision at milepost 7.8.
Washington, DC 20416, (202) 205–6734.
The verified notice indicates that the
Lines are currently operated by Chicago
SUPPLEMENTARY INFORMATION: Notice is
Terminal Railroad Company (CTR) and
hereby given that as a result of the
President’s major disaster declaration on that, as a result of this transaction, CJR
will become a Class III carrier and
05/11/2018, Private Non-Profit
replace CTR as the Lines’ operator. CJR
organizations that provide essential
states that CTR’s current operations on
services of a governmental nature may
the Lines are governed by an agreement
file disaster loan applications at the
between UP and CTR that will be
address listed above or other locally
terminated as of May 31, 2018, and that
announced locations.
CTR is ceasing its operation of the Lines
The following areas have been
pursuant to that termination and does
determined to be adversely affected by
not object to the proposed change in
the disaster:
operators. CJR further states that it and
UP have agreed to enter into a lease
Primary Area: Hawaii
agreement providing for CJR’s lease and
The Interest Rates are:
operation of, and provision of rail
common carrier service on, the Lines.
Percent
CJR states that it is a newly formed,
noncarrier subsidiary of Progressive Rail
For Physical Damage:
Incorporated (PGR). According to CJR,
Non-Profit Organizations with
PGR is a Class III rail carrier that
Credit Available Elsewhere ...
2.500
controls five other Class III rail carriers
Non-Profit Organizations withthat operate in the Upper Midwest and
out Credit Available Elsewhere .....................................
2.500 North Carolina.
This transaction is related to a
For Economic Injury:
concurrently filed verified notice of
Non-Profit Organizations withexemption in Progressive Rail Inc.—
out Credit Available Elsewhere .....................................
2.500 Continuance in Control Exemption—
Chicago Junction Railway, Docket No.
FD 36194, in which PGR seeks to
The number assigned to this disaster
continue in control of CJR upon CJR’s
for physical damage is 15522D and for
becoming a Class III rail carrier.
economic injury is 155230.
As required by 49 CFR 1150.33(h),
(Catalog of Federal Domestic Assistance
CJR has disclosed in its verified notice
Number 59008)
that the lease agreement between CJR
and UP contains an interchange
James Rivera,
commitment with respect to the lease
Associate Administrator for Disaster
payments by CJR to UP and that the
Assistance.
agreement affects an interchange point
[FR Doc. 2018–10658 Filed 5–17–18; 8:45 am]
with the Soo Line Railroad Company,
BILLING CODE 8025–01–P
d/b/a Canadian Pacific Railway, at Elk
Grove Village.1 CJR has provided
additional information regarding the
1 On May 9, 2018, CJR supplemented its verified
notice of exemption to clarify the interchange point.
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16:38 May 17, 2018
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interchange commitment as required by
section 1150.33(h).
CJR certifies that its projected annual
revenues as a result of this transaction
will not exceed those that would result
in the creation of a Class II or Class I rail
carrier and further certifies that its
projected annual revenues will not
exceed $5 million. Under 49 CFR
1150.32(b), a change in operator
requires that notice be given to shippers.
CJR certifies that notice of the change in
operator was served on the shippers on
the Lines.
The earliest this transaction may be
consummated is June 1, 2018, the
effective date of the exemption.
If the verified notice contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the effectiveness of
the exemption. Petitions for stay must
be filed no later than May 25, 2018 (at
least seven days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
36193, must be filed with the Surface
Transportation Board, 395 E Street SW,
Washington, DC 20423–0001. In
addition, one copy of each pleading
must be served on Audrey L. Brodrick,
Fletcher & Sippel LLC, 29 North Wacker
Drive, Suite 920, Chicago, IL 60606–
2832.
According to CJR, this action is
exempt from environmental reporting
requirements under 49 CFR 1105.6(c).
Board decisions and notices are
available on our website at
WWW.STB.GOV.
Decided: May 15, 2018.
By the Board, Scott M. Zimmerman, Acting
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2018–10665 Filed 5–17–18; 8:45 am]
BILLING CODE 4915–01–P
SURFACE TRANSPORTATION BOARD
[Docket No. FD 36188]
Wilmington Terminal Railroad, Limited
Partnership—Temporary Trackage
Rights Exemption—CSX
Transportation, Inc.
Pursuant to a written trackage rights
agreement (Agreement) dated May 2,
2018,1 CSX Transportation, Inc. (CSXT),
1 A redacted version of the fully executed
Agreement was filed with the notice. A
confidential, unredacted version of the Agreement
also was submitted under seal to be kept
confidential by the Board under 49 CFR 1104.14(a).
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Agencies
[Federal Register Volume 83, Number 97 (Friday, May 18, 2018)]
[Notices]
[Pages 23323-23324]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-10658]
=======================================================================
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #15522 and #15523; Hawaii Disaster Number HI-
00047]
Presidential Declaration of a Major Disaster for Public
Assistance Only for the State of Hawaii
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 Hawaii (FEMA-4366-
DR), dated 05/11/2018.
[[Page 23324]]
Incident: Kilauea Volcanic Eruption and Earthquakes.
Incident Period: 05/03/2018 and continuing.
DATES: Issued on 05/11/2018.
Physical Loan Application Deadline Date: 07/10/2018.
Economic Injury (EIDL) Loan Application Deadline Date: 02/11/2019.
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 05/11/2018, 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 Area: Hawaii
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 15522D
and for economic injury is 155230.
(Catalog of Federal Domestic Assistance Number 59008)
James Rivera,
Associate Administrator for Disaster Assistance.
[FR Doc. 2018-10658 Filed 5-17-18; 8:45 am]
BILLING CODE 8025-01-P