Tecum Capital Partners III, L.P.; Conflicts of Interest Exemption, 63850-63851 [2022-22792]

Download as PDF 63850 Federal Register / Vol. 87, No. 202 / Thursday, October 20, 2022 / Notices of executed volume of multiply-listed equity and ETF options trades.16 Therefore, currently no exchange possesses significant pricing power in the execution of multiply-listed equity and ETF options order flow. More specifically, in August 2022, the Exchange had less than 12% market share of executed volume of multiplylisted equity and ETF options trades.17 The Exchange believes that the proposed rule change reflects this competitive environment because it modifies the Exchange’s fees in a manner designed to continue to incent Floor Brokers to direct trading interest (particularly QCC transactions) to the Exchange, to provide liquidity and to attract order flow. To the extent that Floor Brokers are incentivized to utilize the Exchange as a primary trading venue for all transactions, all of the Exchange’s market participants should benefit from the improved market quality and increased opportunities for price improvement. The Exchange notes that it operates in a highly competitive market in which market participants can readily favor competing venues. In such an environment, the Exchange must continually review, and consider adjusting, its fees and credits to remain competitive with other exchanges. For the reasons described above, the Exchange believes that the proposed rule change reflects this competitive environment. The Exchange further believes that the proposed change could promote competition between the Exchange and other execution venues, including those that currently offer rebates on QCC transactions, by encouraging additional orders (and, in particular, QCC orders) to be sent to the Exchange for execution.18 C. Self-Regulatory Organization’s Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others lotter on DSK11XQN23PROD with NOTICES1 No written comments were solicited or received with respect to the proposed rule change. 16 The OCC publishes options and futures volume in a variety of formats, including daily and monthly volume by exchange, available here: https:// www.theocc.com/Market-Data/Market-DataReports/Volume-and-Open-Interest/MonthlyWeekly-Volume-Statistics. 17 Based on a compilation of OCC data for monthly volume of equity-based options and monthly volume of equity-based ETF options, see id., the Exchange’s market share in equity-based options increased decreased from 12.32% for the month of August 2021 to 11.36% for the month of August 2022. 18 See note 14, supra. VerDate Sep<11>2014 16:50 Oct 19, 2022 Jkt 259001 III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action The foregoing rule change is effective upon filing pursuant to Section 19(b)(3)(A) 19 of the Act and subparagraph (f)(2) of Rule 19b–4 20 thereunder, because it establishes a due, fee, or other charge imposed by the Exchange. At any time within 60 days of the filing of such proposed rule change, the Commission summarily may temporarily suspend such rule change if it appears to the Commission that such action is necessary or appropriate in the public interest, for the protection of investors, or otherwise in furtherance of the purposes of the Act. If the Commission takes such action, the Commission shall institute proceedings under Section 19(b)(2)(B) 21 of the Act to determine whether the proposed rule change should be approved or disapproved. 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–NYSEARCA–2022–71, and should be submitted on or before November 10, 2022. 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: For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.22 J. Matthew DeLesDernier, Deputy Secretary. 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– NYSEARCA–2022–71 on the subject line. SMALL BUSINESS ADMINISTRATION Paper Comments • Send paper comments in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, DC 20549–1090. All submissions should refer to File Number SR–NYSEARCA–2022–71. 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 19 15 U.S.C. 78s(b)(3)(A). CFR 240.19b–4(f)(2). 21 15 U.S.C. 78s(b)(2)(B). [FR Doc. 2022–22736 Filed 10–19–22; 8:45 am] BILLING CODE 8011–01–P [License No. 03/03–0285] Tecum Capital Partners III, L.P.; Conflicts of Interest Exemption Notice is hereby given that Tecum Capital Partners III, L.P., 8000 Brooktree Rd., Ste 310, Wexford, PA 15090, a Federal Licensee under the Small Business Investment Act of 1958, as amended (‘‘the Act’’), in connection with the financing of a small business concern, has sought an exemption under Section 312 of the Act and 13 CFR 107.730, Financings which Constitute Conflicts of Interest. Tecum Capital Partners III, L.P. is seeking a written exemption from the Small Business Administration (SBA) for a proposed financing to Primetac Corporation, 223Gates Road, 3rd Floor, Little Ferry, NJ 07643. The financing is brought within the purview of 13 CFR 107.730(a) because Primetac Corporation is an Associate of Tecum Capital Partners III, L.P. because Associate Tecum Capital Partners II, L.P. owns a greater than ten percent interest in Primetac Corporation, therefore this transaction is considered Financing which constitute conflicts of 20 17 PO 00000 Frm 00091 Fmt 4703 Sfmt 4703 22 17 E:\FR\FM\20OCN1.SGM CFR 200.30–3(a)(12). 20OCN1 Federal Register / Vol. 87, No. 202 / Thursday, October 20, 2022 / Notices interest requiring SBA’s prior written exemption. Notice is hereby given that any interested person may submit written comments on this transaction within fifteen days of the date of this publication to the Associate Administrator, Office of Investment and Innovation, U.S. Small Business Administration, 409 Third Street SW, Washington, DC 20416. Bailey G. DeVries, Associate Administrator, Office of Investment and Innovation, United States Small Business Administration. [FR Doc. 2022–22792 Filed 10–19–22; 8:45 am] BILLING CODE P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration [Docket No. FAA–2022–1356] Recommended Gulfstream GV-Series Standardized Curricula for Operators Delivered by Training Centers Federal Aviation Administration (FAA), Department of Transportation (DOT). ACTION: Notice of availability; request for comments. AGENCY: This notice announces the availability of the Aviation Rulemaking Advisory Committee’s (ARAC) recommended Gulfstream GV-series aircraft standardized curricula for certain air carriers and operators. The FAA invites public comment on the recommended curricula. DATES: The FAA must receive comments on these documents by November 9, 2022. SUMMARY: You may send comments identified by docket number FAA– 2022–1356 using any of the following methods: • Federal eRulemaking Portal: Go to https://www.regulations.gov and follow the online instructions for sending your comments electronically. • Mail: Send comments to Docket Operations, M–30; U.S. Department of Transportation, 1200 New Jersey Avenue SE, Room W12–140, West Building Ground Floor, Washington, DC 20590–0001. • Hand Delivery or Courier: Take comments to Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue SE, Washington, DC 20590– 0001, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. lotter on DSK11XQN23PROD with NOTICES1 ADDRESSES: VerDate Sep<11>2014 16:50 Oct 19, 2022 Jkt 259001 • Fax: Fax comments to Docket Operations at (202) 493–2251. Privacy: In accordance with 5 U.S.C. 553(c), DOT solicits comments from the public to better inform its rulemaking process. DOT posts these comments, without edit, including any personal information the commenter provides, to https://www.regulations.gov, as described in the system of records notice (DOT/ALL–14 FDMS), which can be reviewed at https://www.dot.gov/ privacy. Docket: Background documents or comments received may be read at https://www.regulations.gov at any time. Follow the online instructions for accessing the docket or go to the Docket Operations in Room W12–140 of the West Building Ground Floor at 1200 New Jersey Avenue SE, Washington, DC 20590–0001, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. FOR FURTHER INFORMATION CONTACT: Joshua Tarkington, Flight Standards, Air Transportation Division, Training and Simulation Group (AFS–280), Joshua.Tarkington@faa.gov, (860) 708– 3839. Federal Aviation Administration, 800 Independence Avenue SW, Washington, DC 20591. SUPPLEMENTARY INFORMATION: The Standardized Curriculum concept is a voluntary approach to training for title 14 Code of Federal Regulations (14 CFR) part 135 training when provided by part 142 training centers. It provides an efficient means for approving training curricula offered by part 142 training centers while increasing the consistency of training, testing, and checking delivered to part 135 operators with an emphasis on standardization. The Standardized Curriculum concept supports the overarching goals to enhance training and checking and promote safer operational practices and is consistent with applicable regulations. Additional information about standardized curricula is available in Advisory Circular (AC) 142–1, Standardized Curricula Delivered by Part 142 Training Centers. 63851 Under ARAC, the Standardized Curriculum concept was tasked to the Training Standardization Working Group (TSWG). TSWG membership includes representatives from training centers, aircraft manufacturers, operators, and aviation industry organizations. The TSWG was tasked to develop and recommend part 135 standardized curricula for each aircraft or series of aircraft, which includes the maneuvers, procedures, and functions to be performed during training and checking. The TSWG developed a GV-series standardized curricula, which includes recommended GV maneuvers, procedures, and functions to meet the regulatory requirements in part 135. The TSWG submitted the recommended curricula to the ARAC for consideration. The ARAC subsequently approved the curricula and submitted it to FAA for review. Comments Invited The FAA invites public comments on the TSWG proposed ‘‘Standardized Curricula Part 135 Delivered by Part 142 Training Centers, Gulfstream GVSeries.’’ This document can be found at https://www.faa.gov/regulations_ policies/rulemaking/committees/ documents/media/ 20220912%20ARAC%20 Recommendation%20Report%20%20TSWG%20GV%20-%20vSent.pdf and supporting documentation can be found at https://www.faa.gov/ regulations_policies/rulemaking/ committees/documents/media/TSWGGVSupportingDocumentation.pdf. The FAA will consider the public comments submitted during this comment period in finalizing the curricula. Issued in Washington, DC, on October 13, 2022. David Boulter, Acting Associate Administrator, Aviation Safety. [FR Doc. 2022–22583 Filed 10–18–22; 11:15 am] BILLING CODE 4910–13–P Discussion DEPARTMENT OF TRANSPORTATION The FAA tasked the Aviation Rulemaking Advisory Committee (ARAC) in March 2020 with providing advice and recommendations on the most effective ways to achieve standardization (where appropriate) and significant administrative efficiency in check pilot qualification, flight instructor qualification, and part 135 air carrier training curricula delivered by part 142 training centers, known as the Standardized Curriculum concept. Federal Motor Carrier Safety Administration PO 00000 Frm 00092 Fmt 4703 Sfmt 4703 [Docket No. FMCSA–2022–0154] Agency Information Collection Activities; Renewal of an Approved Information Collection: Commercial Motor Vehicle Marking Requirements Federal Motor Carrier Safety Administration (FMCSA), Department of Transportation (DOT). AGENCY: E:\FR\FM\20OCN1.SGM 20OCN1

Agencies

[Federal Register Volume 87, Number 202 (Thursday, October 20, 2022)]
[Notices]
[Pages 63850-63851]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-22792]


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SMALL BUSINESS ADMINISTRATION

[License No. 03/03-0285]


Tecum Capital Partners III, L.P.; Conflicts of Interest Exemption

    Notice is hereby given that Tecum Capital Partners III, L.P., 8000 
Brooktree Rd., Ste 310, Wexford, PA 15090, a Federal Licensee under the 
Small Business Investment Act of 1958, as amended (``the Act''), in 
connection with the financing of a small business concern, has sought 
an exemption under Section 312 of the Act and 13 CFR 107.730, 
Financings which Constitute Conflicts of Interest. Tecum Capital 
Partners III, L.P. is seeking a written exemption from the Small 
Business Administration (SBA) for a proposed financing to Primetac 
Corporation, 223- Gates Road, 3rd Floor, Little Ferry, NJ 07643.
    The financing is brought within the purview of 13 CFR 107.730(a) 
because Primetac Corporation is an Associate of Tecum Capital Partners 
III, L.P. because Associate Tecum Capital Partners II, L.P. owns a 
greater than ten percent interest in Primetac Corporation, therefore 
this transaction is considered Financing which constitute conflicts of

[[Page 63851]]

interest requiring SBA's prior written exemption.
    Notice is hereby given that any interested person may submit 
written comments on this transaction within fifteen days of the date of 
this publication to the Associate Administrator, Office of Investment 
and Innovation, U.S. Small Business Administration, 409 Third Street 
SW, Washington, DC 20416.

Bailey G. DeVries,
Associate Administrator, Office of Investment and Innovation, United 
States Small Business Administration.
[FR Doc. 2022-22792 Filed 10-19-22; 8:45 am]
BILLING CODE P
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