Presidential Declaration Amendment of a Major Disaster for the State of Florida, 95891 [2024-28279]
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Federal Register / Vol. 89, No. 232 / Tuesday, December 3, 2024 / Notices
balancing and reconciliation.
Additionally, by fixing the collateral for
Market Loans at a single rate of 102
percent consistent with member
feedback, as described in Section
II.B.3.c., OCC would reduce the
complexity in its risk management of
stock loan positions by establishing a
single rate across all Market Loans.
Accordingly, the changes proposed to
the Stock Loan Programs are consistent
with the requirements of Rule 17Ad–
22(e)(21) under the Exchange Act.68
lotter on DSK11XQN23PROD with NOTICES1
C. Consistency With Rule 17Ad–22(e)(1)
Under the Exchange Act
Rule 17Ad–22(e)(1) under the
Exchange Act requires that a covered
clearing agency establish, implement,
maintain, and enforce written policies
and procedures reasonably designed to
provide for a well-founded, clear,
transparent, and enforceable legal basis
for each aspect of its activities in all
relevant jurisdictions.69 In adopting
Rule 17Ad–22(e)(1), the Commission
provided guidance that a covered
clearing agency generally should
consider in establishing and
maintaining policies and procedures to
address legal risk, including whether its
rules, policies and procedures, and
contracts are clear, understandable, and
consistent with relevant laws and
regulations.70
As described above, in Section II.B.5.,
the proposed changes consolidate and
reorganize provisions concerning the
Stock Loan Programs that are scattered
across two documents—both OCC’s ByLaws and Rules—into a single location:
OCC’s Rules. The streamlining and
consolidation of these provisions into
OCC’s Rules enhances their clarity,
transparency, and consistency for
Clearing Members and stakeholders who
choose to participate in the Stock Loan
Programs. More specifically, the
incorporation of current Interpretations
and Policies into the body of the Rules
would enhance clarity and readability of
the provisions concerning the Stock
Loan Programs. Additionally, the global
and administrative changes would
apply consistent terms and numbering
conventions, improve consistency of the
text between similar Hedge Program and
Market Loan Program rules, and remove
duplicative provisions, thus increasing
clarity, understandability, and
consistency.
Accordingly, the changes proposed to
the Stock Loan Programs are consistent
68 17
CFR 240.17Ad–22(e)(21)(ii).
CFR 240.17Ad–22(e)(1).
70 Standards for Covered Clearing Agencies, 81
FR 70802.
69 17
VerDate Sep<11>2014
17:09 Dec 02, 2024
Jkt 265001
with the requirements of Rule 17Ad–
22(e)(1) under the Exchange Act.71
IV. Conclusion
On the basis of the foregoing, the
Commission finds that the Proposed
Rule Change is consistent with the
requirements of the Exchange Act, and
in particular, the requirements of
Section 17A of the Exchange Act 72 and
the rules and regulations thereunder.
It is therefore ordered, pursuant to
Section 19(b)(2) of the Exchange Act,73
that the proposed rule change, as
modified by Partial Amendment No. 1,
(SR–OCC–2024–011) be, and hereby is,
approved.
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.74
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024–28257 Filed 12–2–24; 8:45 am]
BILLING CODE 8011–01–P
95891
declaration for the State of Florida,
dated September 28, 2024, is hereby
amended to extend the deadline for
filing applications for physical damages
as a result of this disaster to January 7,
2025.
All other information in the original
declaration remains unchanged.
(Catalog of Federal Domestic Assistance
Number 59008)
Alejandro Contreras,
Acting Deputy Associate Administrator,
Office of Disaster Recovery & Resilience.
[FR Doc. 2024–28279 Filed 12–2–24; 8:45 am]
BILLING CODE 8026–09–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #20608 and #20609;
NEW YORK Disaster Number NY–20015]
Administrative Declaration of a
Disaster for the State of New York
SMALL BUSINESS ADMINISTRATION
U.S. Small Business
Administration.
ACTION: Notice.
[Disaster Declaration #20699 and #20700;
FLORIDA Disaster Number FL–20012]
SUMMARY:
AGENCY:
Presidential Declaration Amendment of
a Major Disaster for the State of Florida
U.S. Small Business
Administration.
ACTION: Amendment 6.
AGENCY:
This is an amendment of the
Presidential declaration of a major
disaster for the State of Florida (FEMA–
4828–DR), dated September 28, 2024.
Incident: Hurricane Helene.
DATES: Issued on November 22, 2024.
Incident Period: September 23, 2024
through October 7, 2024.
Physical Loan Application Deadline
Date: January 7, 2025.
Economic Injury (EIDL) Loan
Application Deadline Date: June 30,
2025.
ADDRESSES: Visit the MySBA Loan
Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT:
Alan Escobar, Office of Disaster
Recovery & Resilience, U.S. Small
Business Administration, 409 3rd Street
SW, Suite 6050, Washington, DC 20416,
(202) 205–6734.
SUPPLEMENTARY INFORMATION: The notice
of the President’s major disaster
SUMMARY:
71 17
CFR 240.17Ad–22(e)(1).
approving this Proposed Rule Change, the
Commission has considered the proposed rules’
impact on efficiency, competition, and capital
formation. See 15 U.S.C. 78c(f).
73 15 U.S.C. 78s(b)(2).
74 17 CFR 200.30–3(a)(12).
72 In
PO 00000
Frm 00160
Fmt 4703
Sfmt 4703
This is a notice of an
Administrative declaration of a disaster
for the State of New York dated
November 26, 2024.
Incident: Severe Storms and Flooding.
DATES: Issued on November 26, 2024.
Incident Period: August 18, 2024
through August 19, 2024.
Physical Loan Application Deadline
Date: January 27, 2025.
Economic Injury (EIDL) Loan
Application Deadline Date: August 26,
2025.
Visit the MySBA Loan
Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT:
Alan Escobar, Office of Disaster
Recovery & Resilience, 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
submitted online using the MySBA
Loan Portal https://lending.sba.gov or
other locally announced locations.
Please contact the SBA disaster
assistance customer service center by
email at disastercustomerservice@
sba.gov or by phone at 1–800–659–2955
for further assistance.
The following areas have been
determined to be adversely affected by
the disaster:
Primary Counties: Suffolk.
Contiguous Counties:
ADDRESSES:
E:\FR\FM\03DEN1.SGM
03DEN1
Agencies
[Federal Register Volume 89, Number 232 (Tuesday, December 3, 2024)]
[Notices]
[Page 95891]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-28279]
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SMALL BUSINESS ADMINISTRATION
[Disaster Declaration #20699 and #20700; FLORIDA Disaster Number FL-
20012]
Presidential Declaration Amendment of a Major Disaster for the
State of Florida
AGENCY: U.S. Small Business Administration.
ACTION: Amendment 6.
-----------------------------------------------------------------------
SUMMARY: This is an amendment of the Presidential declaration of a
major disaster for the State of Florida (FEMA-4828-DR), dated September
28, 2024.
Incident: Hurricane Helene.
DATES: Issued on November 22, 2024.
Incident Period: September 23, 2024 through October 7, 2024.
Physical Loan Application Deadline Date: January 7, 2025.
Economic Injury (EIDL) Loan Application Deadline Date: June 30,
2025.
ADDRESSES: Visit the MySBA Loan Portal at https://lending.sba.gov to
apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT: Alan Escobar, Office of Disaster
Recovery & Resilience, U.S. Small Business Administration, 409 3rd
Street SW, Suite 6050, Washington, DC 20416, (202) 205-6734.
SUPPLEMENTARY INFORMATION: The notice of the President's major disaster
declaration for the State of Florida, dated September 28, 2024, is
hereby amended to extend the deadline for filing applications for
physical damages as a result of this disaster to January 7, 2025.
All other information in the original declaration remains
unchanged.
(Catalog of Federal Domestic Assistance Number 59008)
Alejandro Contreras,
Acting Deputy Associate Administrator, Office of Disaster Recovery &
Resilience.
[FR Doc. 2024-28279 Filed 12-2-24; 8:45 am]
BILLING CODE 8026-09-P