Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Arkansas, 29994 [2020-10686]
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29994
Federal Register / Vol. 85, No. 97 / Tuesday, May 19, 2020 / Notices
Because stand-alone SBSEs and bank
SBSEs will not be dually registered as
broker-dealers, they will not be
supervised by SROs and therefore are
not subject to the SRO plans requiring
the FOCUS Report to be filed on
FINRA’s eFOCUS system. Rule 18a–7
requires stand-alone SBSEs and bank
SBSEs to file the FOCUS Report with
‘‘the Commission or its designee’’ 6 to
provide the Commission with the option
of requiring that these registrants file the
FOCUS Report with a third party.7 By
this order, the Commission is
designating FINRA as the organization
with which stand-alone SBSEs and bank
SBSEs must file revised Part II and new
Part IIC of the FOCUS Report,
respectively, on and after the October 6,
2021, compliance date.
II. Discussion
FINRA is uniquely qualified to
provide the Commission with a familiar
and consolidated platform for standalone SBSEs and bank SBSEs to file the
FOCUS Report, uniform ancillary
ongoing services associated with these
filings, and a consolidated platform for
transmitting this data to the
Commission.
First, FINRA-supervised brokerdealers currently file the FOCUS Report
through the eFOCUS system owned and
operated by FINRA. The Commission
anticipates many firms that register as
stand-alone SBSEs and bank SBSEs will
be affiliated with broker-dealers that
currently use the eFOCUS system.
FINRA’s eFOCUS system is unique in
that it would enable the broker-dealer
and non-broker-dealer entities to file
both entities’ FOCUS Reports on the
same platform using the same
preexisting templates, software, and
procedures currently used by the
broker-dealer.
Second, FINRA is uniquely able to
transmit the data in the FOCUS Report
filings by broker-dealers and nonbroker-dealer SBSEs in a consolidated
data transmission to the Commission.
Thus, Commission staff will be able to
compare data between these different
types of entities in a consistent manner
and in the same database, which will
allow staff to monitor these registrants
more effectively.
Third, if FINRA is not designated to
receive FOCUS Report filings from
stand-alone and bank SBSEs, a separate,
parallel filing system would need to be
created only for non-FINRA supervised
filers, which would create complexity
and redundancy because the same
6 See
17 CFR 240.18a–7(a).
7 See Recordkeeping Adopting Release, 84 FR at
68572.
VerDate Sep<11>2014
17:57 May 18, 2020
Jkt 250001
information for required filers would be
located on two different filing systems.
This, in turn, could create unnecessary
confusion and uncertainty for filers. It
might also inadvertently result in
different available services simply based
on which filing system the entity is
assigned to use.
III. Conclusion
It is hereby ordered that FINRA is
designated as the organization with
which stand-alone SBSEs must file Part
II of FOCUS Report and bank SBSEs
must file Part IIC of the FOCUS Report
in accordance with the requirements of
those filings, Section 15F of the
Exchange Act, and Rule 18a–7.8
By the Commission.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–10770 Filed 5–18–20; 8:45 am]
05/08/2020, 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: Craighead
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 .....
2.750
2.750
2.750
BILLING CODE 8011–01–P
The number assigned to this disaster
for physical damage is 16450C and for
economic injury is 164510.
SMALL BUSINESS ADMINISTRATION
(Catalog of Federal Domestic Assistance
Number 59008)
[Disaster Declaration #16450 and #16451;
Arkansas Disaster Number AR–00114]
Presidential Declaration of a Major
Disaster for Public Assistance Only for
the State of Arkansas
U.S. Small Business
Administration.
ACTION: Notice.
Cynthia Pitts,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. 2020–10686 Filed 5–18–20; 8:45 am]
BILLING CODE 8026–03–P
AGENCY:
SMALL BUSINESS ADMINISTRATION
This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance Only for
the State of ARKANSAS (FEMA–4544–
DR), dated 05/08/2020.
Incident: Severe Storms, Tornadoes,
and Straight-line Winds.
Incident Period: 03/28/2020.
DATES: Issued on 05/08/2020.
Physical Loan Application Deadline
Date: 07/07/2020.
Economic Injury (EIDL) Loan
Application Deadline Date: 02/08/2021.
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
SUMMARY:
8 Technical instructions for filing the FOCUS
Report with FINRA will be made available on the
Commission’s or FINRA’s website before the
October 6, 2021, compliance date.
PO 00000
Frm 00076
Fmt 4703
Sfmt 4703
[Disaster Declaration #16435 and #16436;
South Carolina Disaster Number SC–00071]
Presidential Declaration Amendment of
a Major Disaster for the State of South
Carolina
U.S. Small Business
Administration.
ACTION: Amendment 1.
AGENCY:
This is an amendment of the
Presidential declaration of a major
disaster for the State of South Carolina
(FEMA–4542–DR), dated 05/01/2020.
Incident: Severe Storms, Tornadoes,
and Straight-line Winds.
Incident Period: 04/12/2020 through
04/13/2020.
DATES: Issued on 05/12/2020.
Physical Loan Application Deadline
Date: 06/30/2020.
Economic Injury (EIDL) Loan
Application Deadline Date: 02/01/2021.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Processing and
Disbursement Center, 14925 Kingsport
Road, Fort Worth, TX 76155.
SUMMARY:
A.
Escobar, Office of Disaster Assistance,
U.S. Small Business Administration,
FOR FURTHER INFORMATION CONTACT:
E:\FR\FM\19MYN1.SGM
19MYN1
]]>Agencies
[Federal Register Volume 85, Number 97 (Tuesday, May 19, 2020)]
[Notices]
[Page 29994]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-10686]
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #16450 and #16451; Arkansas Disaster Number AR-
00114]
Presidential Declaration of a Major Disaster for Public
Assistance Only for the State of Arkansas
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 ARKANSAS (FEMA-
4544-DR), dated 05/08/2020.
Incident: Severe Storms, Tornadoes, and Straight-line Winds.
Incident Period: 03/28/2020.
DATES: Issued on 05/08/2020.
Physical Loan Application Deadline Date: 07/07/2020.
Economic Injury (EIDL) Loan Application Deadline Date: 02/08/2021.
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 05/08/2020, 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: Craighead
The Interest Rates are:
------------------------------------------------------------------------
Percent
------------------------------------------------------------------------
For Physical Damage:
Non-Profit Organizations With Credit Available Elsewhere.... 2.750
Non-Profit Organizations Without Credit Available Elsewhere. 2.750
For Economic Injury:
Non-Profit Organizations Without Credit Available Elsewhere. 2.750
------------------------------------------------------------------------
The number assigned to this disaster for physical damage is 16450C
and for economic injury is 164510.
(Catalog of Federal Domestic Assistance Number 59008)
Cynthia Pitts,
Acting Associate Administrator for Disaster Assistance.
[FR Doc. 2020-10686 Filed 5-18-20; 8:45 am]
BILLING CODE 8026-03-P
