80 FR 26130 - New York Disaster #NY-00159
SMALL BUSINESS ADMINISTRATION Federal Register Volume 80, Issue 87 (May 6, 2015)
Federal Register Volume 80, Issue 87 (May 6, 2015)
| Page Range | 26130-26130 | |
| FR Document | 2015-10523 |
[Federal Register Volume 80, Number 87 (Wednesday, May 6, 2015)] [Notices] [Page 26130] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2015-10523] ======================================================================= ----------------------------------------------------------------------- SMALL BUSINESS ADMINISTRATION [Disaster Declaration #14289 and #14290] New York Disaster #NY-00159 AGENCY: U.S. Small Business Administration. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: This is a notice of an Administrative declaration of a disaster for the State of New York dated 04/28/2015. Incident: Building Fire and Explosion. Incident Period: 03/26/2015. Effective Date: 04/28/2015. Physical Loan Application Deadline Date: 06/29/2015. Economic Injury (EIDL) Loan Application Deadline Date: 01/28/2016. 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. SUPPLEMENTARY INFORMATION: Notice is hereby given that as a result of the Administrator's disaster declaration, 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: New York. Contiguous Counties: New York: Bronx, Kings, Queens. New Jersey: Bergen, Hudson. The Interest Rates are: ------------------------------------------------------------------------ Percent ------------------------------------------------------------------------ For Physical Damage: ......... Homeowners With Credit Available Elsewhere................. 3.625 Homeowners Without Credit Available Elsewhere.............. 1.813 Businesses With Credit Available Elsewhere................. 6.000 Businesses Without Credit Available Elsewhere.............. 4.000 Non-Profit Organizations With Credit Available Elsewhere... 2.625 Non-Profit Organizations Without Credit Available Elsewhere 2.625 For Economic Injury: Businesses & Small Agricultural Cooperatives Without Credit 4.000 Available Elsewhere....................................... Non-Profit Organizations Without Credit Available Elsewhere 2.625 ------------------------------------------------------------------------ The number assigned to this disaster for physical damage is 14289 4 and for economic injury is 14290 0. The States which received an EIDL Declaration # are New York and New Jersey. (Catalog of Federal Domestic Assistance Numbers 59002 and 59008) Dated: April 28, 2015. Maria Contreras-Sweet, Administrator. [FR Doc. 2015-10523 Filed 5-5-15; 8:45 am] BILLING CODE 8025-01-P
![26130 Federal Register / Vol. 80, No. 87 / Wednesday, May 6, 2015 / Notices
the same long-run and short-fun factor rules and regulations thereunder Incident: Building Fire and Explosion.
components as the two-factor model and applicable to such organization. The Incident Period: 03/26/2015.
adds a seasonality factor. Using Commission finds that the proposed Effective Date: 04/28/2015.
historical data, OCC asserts that Energy rule change is consistent with Section Physical Loan Application Deadline
Futures contracts, except for Energy 17A(b)(3)(F) of the Act 21 because it Date: 06/29/2015.
Futures contracts on Brent Crude Oil assures the safeguarding of securities Economic Injury (EIDL) Loan
and WTI Crude Oil, experience and funds in the custody and control of Application Deadline Date: 01/28/2016.
seasonality.17 To address seasonality, OCC and permits OCC to risk manage ADDRESSES: Submit completed loan
OCC will employ a trigonometric Energy Futures contracts and options on applications to: U.S. Small Business
function,18 which it states will capture Energy Futures through appropriate risk Administration, Processing And
price dynamics in different seasons. models as described above. Such risk Disbursement Center, 14925 Kingsport
OCC stated its belief that the proposed models should reduce the risk that Road, Fort Worth, TX 76155.
enhancements to STANS are clearing members’ margin assets will be FOR FURTHER INFORMATION CONTACT: A.
appropriately designed to support the insufficient in the event that OCC needs Escobar, Office of Disaster Assistance,
clearance and settlement of Energy such assets to close-out the positions of U.S. Small Business Administration,
Futures contracts, based on model back a defaulted clearing member and, in 409 3rd Street SW., Suite 6050,
testing results. Moreover, OCC asserts turn also help protect investors and the Washington, DC 20416.
that the Energy Futures contracts are not public interest. Furthermore, the
new or novel contracts, and that the SUPPLEMENTARY INFORMATION: Notice is
proposed rule change is also consistent
clearance and settlement of Energy with Rule 17Ad–22(b)(2) under the hereby given that as a result of the
Futures contracts will not present Act,22 because it will allow OCC to Administrator’s disaster declaration,
material risk to OCC.19 implement risk-based models and applications for disaster loans may be
parameters to set margin requirements filed at the address listed above or other
Schedule C to the Clearing Agreement locally announced locations.
for clearing members who trade Energy
Pursuant to approved rule change Futures contracts and Energy Futures The following areas have been
2015–OCC–03, OCC added a Schedule C Options. determined to be adversely affected by
to the Clearing Agreement to support the disaster:
the clearance and settlement of Energy III. Conclusion Primary Counties: New York.
Futures contracts and options on Energy On the basis of the foregoing, the Contiguous Counties:
Futures. Pursuant to the Clearing Commission finds that the proposal is New York: Bronx, Kings, Queens.
Agreement between OCC and NFX, OCC consistent with the requirements of the New Jersey: Bergen, Hudson.
has agreed to clear the specifically Act and in particular with the The Interest Rates are:
enumerated contracts and may agree to requirements of Section 17A of the
clear and settle additional types of Act 23 and the rules and regulations Percent
contracts should both parties execute a thereunder.
new Schedule C to the Clearing It is therefore ordered, pursuant to For Physical Damage:
Agreement. This was necessary because Section 19(b)(2) of the Act,24 that the Homeowners With Credit Avail-
Energy Futures contracts and options on proposed rule change (SR–OCC–2015– able Elsewhere ...................... 3.625
Energy Futures were not enumerated in 006) be, and it hereby is, approved. Homeowners Without Credit
Available Elsewhere .............. 1.813
either the Previous Agreement, or in any For the Commission, by the Division of Businesses With Credit Avail-
existing Schedule C to the Previous Trading and Markets, pursuant to delegated able Elsewhere ...................... 6.000
Agreement. The approved rule change authority.25 Businesses Without Credit
adds this new Schedule C to allow OCC Brent J. Fields, Available Elsewhere .............. 4.000
to provide for the clearance and Secretary. Non-Profit Organizations With
settlement of Energy Futures contracts [FR Doc. 2015–10504 Filed 5–5–15; 8:45 am] Credit Available Elsewhere ... 2.625
and options on Energy Futures. Non-Profit Organizations With-
BILLING CODE 8011–01–P
out Credit Available Else-
II. Discussion and Commission where ..................................... 2.625
Findings For Economic Injury:
Section 19(b)(2)(C) of the Act 20 SMALL BUSINESS ADMINISTRATION Businesses & Small Agricultural
directs the Commission to approve a Cooperatives Without Credit
[Disaster Declaration #14289 and #14290] Available Elsewhere .............. 4.000
proposed rule change of a self-
Non-Profit Organizations With-
regulatory organization if it finds that New York Disaster #NY–00159 out Credit Available Else-
the proposed rule change is consistent where ..................................... 2.625
AGENCY: U.S. Small Business
with the requirements of the Act and the
Administration.
ACTION: Notice.
The number assigned to this disaster
seasonal behavior of natural gas prices,’’ European for physical damage is 14289 4 and for
Financial Management, vol. 18, pp. 410–443.
17 OCC provides that this is due to the lack of SUMMARY: This is a notice of an economic injury is 14290 0.
low-cost transportation and limited, or no ability to Administrative declaration of a disaster The States which received an EIDL
store the commodity. for the State of New York dated 04/28/ Declaration # are New York and New
18 See note 14 supra.
2015. Jersey.
19 OCC provides that cleared futures contracts
account for less than two percent of its total overall (Catalog of Federal Domestic Assistance
tkelley on DSK3SPTVN1PROD with NOTICES
21 15 U.S.C. 78q–1(b)(3)(F).
volume and, in 2011, OCC cleared 1,388 contracts Numbers 59002 and 59008)
22 17 CFR 240.17Ad–22(b)(2).
traded on NFX. In 2012, OCC cleared 518,360
contracts traded on NFX (NFX did not have any 23 In approving this proposed rule change, the Dated: April 28, 2015.
cleared futures contract volume in 2013 and 2014). Commission has considered the proposed rule’s Maria Contreras-Sweet,
By way of reference, OCC’s average daily cleared impact on efficiency, competition, and capital
Administrator.
contract volume in through February 19, 2015, is 17 formation. See 15 U.S.C. 78c(f).
million contracts. 24 15 U.S.C. 78s(b)(2). [FR Doc. 2015–10523 Filed 5–5–15; 8:45 am]
20 15 U.S.C. 78s(b)(2)(C). 25 17 CFR 200.30–3(a)(12). BILLING CODE 8025–01–P
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Document Created: 2015-12-16 07:41:28
Document Modified: 2015-12-16 07:41:28
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | 04/28/2015. | |
| Contact | A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW., Suite 6050, Washington, DC 20416. | |
| FR Citation | 80 FR 26130 |
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