82 FR 19427 - Self-Regulatory Organizations; NASDAQ PHLX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 1002 of the Exchange's Rules To Establish Certain Exemptions From Exercise Limits
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 82, Issue 80 (April 27, 2017)
Federal Register Volume 82, Issue 80 (April 27, 2017)
| Page Range | 19427-19429 | |
| FR Document | 2017-08464 |
[Federal Register Volume 82, Number 80 (Thursday, April 27, 2017)] [Notices] [Pages 19427-19429] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-08464] ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION [Release No. 34-80504; File No. SR-Phlx-2017-32] Self-Regulatory Organizations; NASDAQ PHLX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 1002 of the Exchange's Rules To Establish Certain Exemptions From Exercise Limits April 21, 2017. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given that on April 11, 2017, NASDAQ PHLX, LLC (``PHLX'' or ``Exchange'') filed with the Securities and Exchange Commission (``SEC'' or ``Commission'') the proposed rule change as described in Items I and II below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. --------------------------------------------------------------------------- \1\ 15 U.S.C. 78s(b)(1). \2\ 17 CFR 240.19b-4. --------------------------------------------------------------------------- I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to amend Rule 1002 of the Exchange's Rules, as described in further detail below. The text of the proposed rule change is available on the Exchange's Web site at http://www.nasdaqphlx.cchwallstreet.com, at the principal office of [[Page 19428]] the Exchange, and at the Commission's Public Reference Room. II. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission, the Exchange included statements concerning the purpose of and basis for the proposed rule change and discussed any comments it received on the proposed rule change. The text of these statements may be examined at the places specified in Item IV below. The Exchange has prepared summaries, set forth in sections A, B, and C below, of the most significant aspects of such statements. A. Self-Regulatory Organization's Statement of the Purpose of, and Statutory Basis for, the Proposed Rule Change 1. Purpose The purpose of the proposed rule change is to amend Rule 1002 of the Exchange's rules (the ``Rules''), which pertains to exercise limits, so that it is more consistent with the rules of PHLX's sister exchange, Nasdaq ISE, LLC (``ISE''). Although Rule 1001 of the Exchange's Rules provides for numerous exemptions to the position limits that the Exchange imposes, Rule 1002(c) provides that ``[t]he Exchange will not approve exercises exceeding the [exercise] limits established pursuant to this Rule except in highly unusual circumstances.'' Rule 1002(c) further provides that an exemption request must be made in writing and set forth the facts justifying the exemption, and that such a request is subject to the approval of an Options Exchange Official.\3\ --------------------------------------------------------------------------- \3\ See PHLX Rule 1002(c). --------------------------------------------------------------------------- In contrast to PHLX, the rules of ISE do not impose such onerous requirements for approving exemptions from exercise limits. ISE Rule 414(c) states that ``[f]or a Member that has been granted an exemption to position limits pursuant to Rule 413(a), the number of contracts which can be exercised over a five (5) business day period shall equal the Member's exempted position.'' Rule 413(a) provides for equity hedge and delta-based equity hedge position limit exemptions. The Exchange proposes to harmonize Rule 1002 with ISE Rule 414(c) by authorizing exercise limit exemptions as a matter of course, and without requiring members and member organizations to submit written requests and obtain specific approvals for these exemptions, to the extent that such members or member organizations are exempt from position limits as set forth in Rule 1001. Specifically, the Exchange proposes to replace the existing language of Rule 1002(c) with the language of ISE Rule 414(c), except that the Exchange proposes to specify that exercise exemption limits are available to members and member organizations to the extent that they are exempt from position limits pursuant to Rule 1001(l) (exempting equity option hedges) or Rule 1001(n) (exempting delta-based equity hedges). 2. Statutory Basis The Exchange believes that its proposal is consistent with Section 6(b) of the Act,\4\ in general, and furthers the objectives of Section 6(b)(5) of the Act,\5\ in particular, in that it is designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to remove impediments to and perfect the mechanisms of a free and open market and a national market system and, in general, to protect investors and the public interest. --------------------------------------------------------------------------- \4\ 15 U.S.C. 78f(b). \5\ 15 U.S.C. 78f(b)(5). --------------------------------------------------------------------------- The Exchange believes that its proposal promotes just and equitable principles of trade and a free and open market by granting exercise limit exemptions to a similar extent and under similar circumstances as do other options exchanges, while eliminating the onerous requirement that the Exchange's members and member organizations must obtain approval for such exemptions in each instance and pursuant to written requests. Additionally, broadening the availability of exercise limit exemptions would facilitate risk management practices of members and member organizations. B. Self-Regulatory Organization's Statement on Burden on Competition The Exchange does not believe that the proposed rule change will impose any burden on competition not necessary or appropriate in furtherance of the purposes of the Act. C. Self-Regulatory Organization's Statement on Comments on the Proposed Rule Change Received From Members, Participants, or Others No written comments were either solicited or received. III. Date of Effectiveness of the Proposed Rule Change and Timing for Commission Action Because the 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 prior to 30 days from the date on which it was filed, or such shorter time as the Commission may designate, if consistent with the protection of investors and the public interest, the proposed rule change has become effective pursuant to Section 19(b)(3)(A) of the Act and Rule 19b- 4(f)(6)(iii) thereunder.\6\ --------------------------------------------------------------------------- \6\ In addition, Rule 19b-4(f)(6)(iii) requires the Exchange to give the Commission written notice of the Exchange's intent to file the proposed rule change, along with a brief description and 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. --------------------------------------------------------------------------- A proposed rule change filed under Rule 19b-4(f)(6) \7\ normally does not become operative prior to 30 days after the date of the filing. However, Rule 19b-4(f)(6)(iii) \8\ 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 may become operative immediately upon filing. --------------------------------------------------------------------------- \7\ 17 CFR 240.19b-4(f)(6). \8\ 17 CFR 240.19b-4(f)(6)(iii). --------------------------------------------------------------------------- The Commission believes that waiver of the 30-day operative delay is consistent with the protection of investors and the public interest. The Commission notes that the Exchange's proposal to adopt exemptions from exercise limits tracks the exemptions from such limits already in place in the rules of ISE. Accordingly, the Commission hereby waives the 30-day operative delay and designates the proposed rule change as operative upon filing.\9\ --------------------------------------------------------------------------- \9\ 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). --------------------------------------------------------------------------- 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 [[Page 19429]] under Section 19(b)(2)(B) \10\ of the Act to determine whether the proposed rule change should be approved or disapproved. --------------------------------------------------------------------------- \10\ 15 U.S.C. 78s(b)(2)(B). --------------------------------------------------------------------------- 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 CommentsUse the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or Send an email to [email protected]. Please include File Number SR-Phlx-2017-32 on the subject line. Paper Comments Send paper comments in triplicate to Brent J. Fields, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090. All submissions should refer to File Number SR-Phlx-2017-32. 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 Web site (http://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 Web site 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; the Commission does not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR-Phlx-2017-32 and should be submitted on or before May 18, 2017. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.\11\ --------------------------------------------------------------------------- \11\ 17 CFR 200.30-3(a)(12). --------------------------------------------------------------------------- Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017-08464 Filed 4-26-17; 8:45 am] BILLING CODE 8011-01-P
![Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices 19427
17Ad–22(b)(3).10 ICC also believes that III. Date of Effectiveness of the business days between the hours of
its existing operational and managerial Proposed Rule Change, Security-Based 10:00 a.m. and 3:00 p.m. Copies of such
resources will be sufficient for clearing Swap Submission, or Advance Notice filings will also be available for
of the additional contracts, consistent and Timing for Commission Action inspection and copying at the principal
with the requirements of Rule 17Ad– The foregoing rule change has become office of ICE Clear Credit and on ICE
22(d)(4),11 as the new contracts are effective pursuant to Section 19(b)(3)(A) Clear Credit’s Web site at https://
substantially the same from an of the Act and paragraph (f)(1) of Rule www.theice.com/clear-credit/regulation.
operational perspective as existing 19b–4 thereunder. At any time within All comments received will be posted
contracts. Similarly, ICC will use its 60 days of the filing of the proposed rule without change; the Commission does
existing settlement procedures and change, the Commission summarily may not edit personal identifying
account structures for the new contracts, temporarily suspend such rule change if information from submissions. You
consistent with the requirements of Rule it appears to the Commission that such should submit only information that
17Ad–22(d)(5), (12) and (15) 12 as to the action is necessary or appropriate in the you wish to make available publicly. All
finality and accuracy of its daily public interest, for the protection of submissions should refer to File
settlement process and avoidance of the investors, or otherwise in furtherance of Number SR–ICC–2017–004 and should
risk to ICC of settlement failures. ICC the purposes of the Act. be submitted on or before May 18, 2017.
determined to accept the CP CDS For the Commission, by the Division of
Contracts for clearing in accordance IV. Solicitation of Comments Trading and Markets, pursuant to delegated
with its governance process, which Interested persons are invited to authority.15
included review of the contracts and submit written data, views, and Eduardo A. Aleman,
related risk management considerations arguments concerning the foregoing, Assistant Secretary.
by the ICC Risk Committee and its including whether the proposed rule [FR Doc. 2017–08463 Filed 4–26–17; 8:45 am]
Board. These governance arrangements change, security-based swap BILLING CODE 8011–01–P
are consistent with the requirements of submission, or advance notice is
Rule 17Ad–22(d)(8).13 Finally, ICC will consistent with the Act. Comments may
apply its existing default management be submitted by any of the following SECURITIES AND EXCHANGE
policies and procedures for the CP CDS methods: COMMISSION
Contracts. ICC believes that these
procedures allow for it to take timely Electronic Comments [Release No. 34–80504; File No. SR–Phlx–
action to contain losses and liquidity • Use the Commission’s Internet 2017–32]
pressures and to continue meeting its comment form (http://www.sec.gov/
obligations in the event of clearing rules/sro.shtml); or Self-Regulatory Organizations;
member insolvencies or defaults in • Send an email to rule-comments@ NASDAQ PHLX, LLC; Notice of Filing
respect of the additional single names, sec.gov. Please include File Number SR– and Immediate Effectiveness of
in accordance with Rule 17Ad– ICC–2017–004 on the subject line. Proposed Rule Change To Amend Rule
22(d)(11).14 1002 of the Exchange’s Rules To
Paper Comments Establish Certain Exemptions From
B. Clearing Agency’s Statement on Exercise Limits
Send paper comments in triplicate to
Burden on Competition
Secretary, Securities and Exchange April 21, 2017.
The CP CDS Contracts will be Commission, 100 F Street NE., Pursuant to Section 19(b)(1) of the
available to all ICC participants for Washington, DC 20549–1090. Securities Exchange Act of 1934
clearing. The clearing of these CP CDS All submissions should refer to File (‘‘Act’’),1 and Rule 19b–4 thereunder,2
Contracts by ICC does not preclude the Number SR–ICC–2017–004. This file notice is hereby given that on April 11,
offering of the CP CDS Contracts for number should be included on the 2017, NASDAQ PHLX, LLC (‘‘PHLX’’ or
clearing by other market participants. subject line if email is used. To help the ‘‘Exchange’’) filed with the Securities
Accordingly, ICC does not believe that Commission process and review your and Exchange Commission (‘‘SEC’’ or
clearance of the CP CDS Contracts will comments more efficiently, please use ‘‘Commission’’) the proposed rule
impose any burden on competition not only one method. The Commission will change as described in Items I and II
necessary or appropriate in furtherance post all comments on the Commission’s below, which Items have been prepared
of the purposes of the Act. Internet Web site (http://www.sec.gov/ by the Exchange. The Commission is
rules/sro.shtml). Copies of the publishing this notice to solicit
C. Clearing Agency’s Statement on submission, all subsequent
Comments on the Proposed Rule comments on the proposed rule change
amendments, all written statements from interested persons.
Change, Security-Based Swap with respect to the proposed rule
Submission, or Advance Notice change, security-based swap I. Self-Regulatory Organization’s
Received From Members, Participants or submission, or advance notice that are Statement of the Terms of Substance of
Others filed with the Commission, and all the Proposed Rule Change
Written comments relating to the written communications relating to the The Exchange proposes to amend
proposed rule change have not been proposed rule change, security-based Rule 1002 of the Exchange’s Rules, as
solicited or received. ICC will notify the swap submission, or advance notice described in further detail below.
between the Commission and any The text of the proposed rule change
mstockstill on DSK30JT082PROD with NOTICES
Commission of any written comments
received by ICC. person, other than those that may be is available on the Exchange’s Web site
withheld from the public in accordance at http://www.nasdaqphlx.cch
10 17 CFR 240.17Ad–22(b)(3).
with the provisions of 5 U.S.C. 552, will wallstreet.com, at the principal office of
11 17 CFR 240.17Ad–22(d)(4). be available for Web site viewing and
12 17 CFR 240.17Ad–22(d)(5), (12) and (15). printing in the Commission’s Public 15 17 CFR 200.30–3(a)(12).
13 17 CFR 240.17Ad–22(d)(8). Reference Room, 100 F Street NE., 1 15 U.S.C. 78s(b)(1).
14 17 CFR 240.17Ad–22(d)(11). Washington, DC 20549, on official 2 17 CFR 240.19b–4.
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![19428 Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices
the Exchange, and at the Commission’s and obtain specific approvals for these III. Date of Effectiveness of the
Public Reference Room. exemptions, to the extent that such Proposed Rule Change and Timing for
members or member organizations are Commission Action
II. Self-Regulatory Organization’s
Statement of the Purpose of, and exempt from position limits as set forth Because the proposed rule change
Statutory Basis for, the Proposed Rule in Rule 1001. Specifically, the Exchange does not: (i) Significantly affect the
Change proposes to replace the existing protection of investors or the public
language of Rule 1002(c) with the interest; (ii) impose any significant
In its filing with the Commission, the language of ISE Rule 414(c), except that burden on competition; and (iii) become
Exchange included statements the Exchange proposes to specify that operative prior to 30 days from the date
concerning the purpose of and basis for exercise exemption limits are available on which it was filed, or such shorter
the proposed rule change and discussed to members and member organizations time as the Commission may designate,
any comments it received on the to the extent that they are exempt from if consistent with the protection of
proposed rule change. The text of these position limits pursuant to Rule 1001(l) investors and the public interest, the
statements may be examined at the (exempting equity option hedges) or proposed rule change has become
places specified in Item IV below. The Rule 1001(n) (exempting delta-based effective pursuant to Section 19(b)(3)(A)
Exchange has prepared summaries, set equity hedges). of the Act and Rule 19b–4(f)(6)(iii)
forth in sections A, B, and C below, of thereunder.6
the most significant aspects of such 2. Statutory Basis A proposed rule change filed under
statements. Rule 19b–4(f)(6) 7 normally does not
The Exchange believes that its
A. Self-Regulatory Organization’s become operative prior to 30 days after
proposal is consistent with Section 6(b)
Statement of the Purpose of, and the date of the filing. However, Rule
of the Act,4 in general, and furthers the
Statutory Basis for, the Proposed Rule 19b–4(f)(6)(iii) 8 permits the
objectives of Section 6(b)(5) of the Act,5
Change Commission to designate a shorter time
in particular, in that it is designed to if such action is consistent with the
1. Purpose prevent fraudulent and manipulative protection of investors and the public
acts and practices, to promote just and interest. The Exchange has asked the
The purpose of the proposed rule equitable principles of trade, to remove
change is to amend Rule 1002 of the Commission to waive the 30-day
impediments to and perfect the operative delay so that the proposal may
Exchange’s rules (the ‘‘Rules’’), which
mechanisms of a free and open market become operative immediately upon
pertains to exercise limits, so that it is
and a national market system and, in filing.
more consistent with the rules of
general, to protect investors and the The Commission believes that waiver
PHLX’s sister exchange, Nasdaq ISE,
public interest. of the 30-day operative delay is
LLC (‘‘ISE’’).
Although Rule 1001 of the Exchange’s The Exchange believes that its consistent with the protection of
Rules provides for numerous proposal promotes just and equitable investors and the public interest. The
exemptions to the position limits that principles of trade and a free and open Commission notes that the Exchange’s
the Exchange imposes, Rule 1002(c) market by granting exercise limit proposal to adopt exemptions from
provides that ‘‘[t]he Exchange will not exemptions to a similar extent and exercise limits tracks the exemptions
approve exercises exceeding the under similar circumstances as do other from such limits already in place in the
[exercise] limits established pursuant to options exchanges, while eliminating rules of ISE. Accordingly, the
this Rule except in highly unusual the onerous requirement that the Commission hereby waives the 30-day
circumstances.’’ Rule 1002(c) further Exchange’s members and member operative delay and designates the
provides that an exemption request organizations must obtain approval for proposed rule change as operative upon
must be made in writing and set forth such exemptions in each instance and filing.9
the facts justifying the exemption, and pursuant to written requests. At any time within 60 days of the
that such a request is subject to the Additionally, broadening the filing of such proposed rule change, the
approval of an Options Exchange Commission summarily may
availability of exercise limit exemptions
Official.3 temporarily suspend such rule change if
would facilitate risk management
In contrast to PHLX, the rules of ISE it appears to the Commission that such
practices of members and member
do not impose such onerous action is necessary or appropriate in the
organizations.
requirements for approving exemptions public interest, for the protection of
from exercise limits. ISE Rule 414(c) B. Self-Regulatory Organization’s investors, or otherwise in furtherance of
states that ‘‘[f]or a Member that has been Statement on Burden on Competition the purposes of the Act. If the
granted an exemption to position limits Commission takes such action, the
The Exchange does not believe that Commission shall institute proceedings
pursuant to Rule 413(a), the number of
the proposed rule change will impose
contracts which can be exercised over a
any burden on competition not 6 In addition, Rule 19b–4(f)(6)(iii) requires the
five (5) business day period shall equal Exchange to give the Commission written notice of
necessary or appropriate in furtherance
the Member’s exempted position.’’ Rule the Exchange’s intent to file the proposed rule
413(a) provides for equity hedge and of the purposes of the Act. change, along with a brief description and text of
delta-based equity hedge position limit C. Self-Regulatory Organization’s the proposed rule change, at least five business days
prior to the date of filing of the proposed rule
exemptions. Statement on Comments on the change, or such shorter time as designated by the
The Exchange proposes to harmonize
mstockstill on DSK30JT082PROD with NOTICES
Proposed Rule Change Received From Commission. The Exchange has satisfied this
Rule 1002 with ISE Rule 414(c) by Members, Participants, or Others requirement.
authorizing exercise limit exemptions as 7 17 CFR 240.19b–4(f)(6).
a matter of course, and without No written comments were either 8 17 CFR 240.19b–4(f)(6)(iii).
9 For purposes only of waiving the 30-day
requiring members and member solicited or received.
operative delay, the Commission has also
organizations to submit written requests considered the proposed rule’s impact on
4 15 U.S.C. 78f(b). efficiency, competition, and capital formation. See
3 See PHLX Rule 1002(c). 5 15 U.S.C. 78f(b)(5). 15 U.S.C. 78c(f).
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![Federal Register / Vol. 82, No. 80 / Thursday, April 27, 2017 / Notices 19429
under Section 19(b)(2)(B) 10 of the Act to For the Commission, by the Division of The number assigned to this disaster
determine whether the proposed rule Trading and Markets, pursuant to delegated for economic injury is 151140.
change should be approved or authority.11 The States which received an EIDL
disapproved. Eduardo A. Aleman, Declaration # are California, Nevada.
Assistant Secretary. (Catalog of Federal Domestic Assistance
IV. Solicitation of Comments
[FR Doc. 2017–08464 Filed 4–26–17; 8:45 am] Number 59008)
Interested persons are invited to BILLING CODE 8011–01–P Dated: April 19, 2017.
submit written data, views, and
Linda E. McMahon,
arguments concerning the foregoing,
Administrator.
including whether the proposed rule SMALL BUSINESS ADMINISTRATION
change is consistent with the Act. [FR Doc. 2017–08524 Filed 4–26–17; 8:45 am]
Comments may be submitted by any of [Disaster Declaration #15114] BILLING CODE 8025–01–P
the following methods: California Disaster #CA–00271
Electronic Comments Declaration of Economic Injury SMALL BUSINESS ADMINISTRATION
• Use the Commission’s Internet AGENCY: U.S. Small Business [Disaster Declaration #15113]
comment form (http://www.sec.gov/ Administration.
rules/sro.shtml); or ACTION: Notice. California Disaster #CA–00270
• Send an email to rule-comments@ Declaration of Economic Injury
sec.gov. Please include File Number SR– SUMMARY: This is a notice of an
Economic Injury Disaster Loan (EIDL) AGENCY: U.S. Small Business
Phlx–2017–32 on the subject line. Administration.
declaration for the State of California,
Paper Comments dated 04/19/2017. ACTION: Notice.
• Send paper comments in triplicate Incident: Severe Storms and Flooding. SUMMARY: This is a notice of an
to Brent J. Fields, Secretary, Securities Incident Period: 02/01/2017 through Economic Injury Disaster Loan (EIDL)
and Exchange Commission, 100 F Street 02/25/2017. declaration for the State of California,
NE., Washington, DC 20549–1090. DATES: Effective Date: 04/19/2017. dated 04/19/2017.
EIDL Loan Application Deadline Date: Incident: Severe Storms and Flooding.
All submissions should refer to File 01/19/2018.
Number SR–Phlx–2017–32. This file Incident Period: 01/03/2017 through
ADDRESSES: Submit completed loan 01/12/2017.
number should be included on the
subject line if email is used. To help the applications to: U.S. Small Business DATES: Effective Date: 04/19/2017.
Commission process and review your Administration, Processing and EIDL Loan Application Deadline Date:
comments more efficiently, please use Disbursement Center, 14925 Kingsport 01/19/2018.
only one method. The Commission will Road, Fort Worth, TX 76155. ADDRESSES: Submit completed loan
post all comments on the Commission’s FOR FURTHER INFORMATION CONTACT: A. applications to: U.S. Small Business
Internet Web site (http://www.sec.gov/ Escobar, Office of Disaster Assistance, Administration, Processing and
rules/sro.shtml). Copies of the U.S. Small Business Administration, Disbursement Center, 14925 Kingsport
submission, all subsequent 409 3rd Street SW., Suite 6050, Road, Fort Worth, TX 76155.
amendments, all written statements Washington, DC 20416, (202) 205–6734. FOR FURTHER INFORMATION CONTACT: A.
with respect to the proposed rule SUPPLEMENTARY INFORMATION: Notice is Escobar, Office of Disaster Assistance,
change that are filed with the hereby given that as a result of the U.S. Small Business Administration,
Commission, and all written Administrator’s EIDL declaration, 409 3rd Street SW., Suite 6050,
communications relating to the applications for economic injury Washington, DC 20416, (202) 205–6734.
proposed rule change between the disaster loans may be filed at the SUPPLEMENTARY INFORMATION: Notice is
Commission and any person, other than address listed above or other locally hereby given that as a result of the
those that may be withheld from the announced locations. Administrator’s EIDL declaration,
public in accordance with the The following areas have been applications for economic injury
provisions of 5 U.S.C. 552, will be determined to be adversely affected by disaster loans may be filed at the
available for Web site viewing and the disaster: address listed above or other locally
printing in the Commission’s Public Primary Counties: El Dorado, Santa announced locations.
Reference Room, 100 F Street NE., Barbara, Tuolumne The following areas have been
Washington, DC 20549, on official Contiguous Counties: determined to be adversely affected by
California: Alpine, Amador, the disaster:
business days between the hours of
Calaveras, Kern, Madera, Mariposa, Primary Counties: Los Angeles, San
10:00 a.m. and 3:00 p.m. Copies of the
Merced, Mono, Placer, Sacramento, Mateo, Santa Cruz, Tuolumne
filing also will be available for
San Luis Obispo, Stanislaus, Contiguous Counties:
inspection and copying at the principal
Ventura California: Alameda, Alpine,
office of the Exchange. All comments Nevada: Douglas
received will be posted without change; Calaveras, Kern, Madera, Mariposa,
The Interest Rates are: Merced, Mono, Monterey, Orange,
the Commission does not edit personal
identifying information from San Benito, San Bernardino, San
Percent
submissions. You should submit only Francisco, Santa Clara, Stanislaus,
mstockstill on DSK30JT082PROD with NOTICES
information that you wish to make Businesses and Small Agricultural Ventura
available publicly. All submissions Cooperatives Without Credit The Interest Rates are:
should refer to File Number SR–Phlx– Available Elsewhere .................. 3.150
Non Profit Organizations Without Percent
2017–32 and should be submitted on or
Credit Available Elsewhere ....... 2.500
before May 18, 2017. Businesses and Small Agricultural
Cooperatives Without Credit
10 15 U.S.C. 78s(b)(2)(B). 11 17 CFR 200.30–3(a)(12). Available Elsewhere .................. 3.125
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Document Created: 2017-04-27 01:40:04
Document Modified: 2017-04-27 01:40:04
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| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
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| FR Citation | 82 FR 19427 |
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