[Federal Register Volume 79, Number 24 (Wednesday, February 5, 2014)]
[Notices]
[Pages 6951-6954]
[FR Doc No: 2014-02380]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-71446; File No. SR-ISE-2014-04]

Self-Regulatory Organizations; International Securities Exchange,
LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule
Change Related to Market Maker Risk Parameters

January 30, 2014.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934
(the ``Act''),\1\ and Rule 19b-4 thereunder,\2\ notice is hereby given
that on January 17, 2014, the International Securities Exchange, LLC
(the ``Exchange'' or the ``ISE'') filed with the Securities and
Exchange Commission (``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.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of Substance
of the Proposed Rule Change

    The Exchange proposes to amend its rules to mitigate market maker
risk by adopting an Exchange-provided risk management functionality.
    The text of the proposed rule change is available on the Exchange's
Internet Web site at http://www.ise.com, at the principal office of 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 self-regulatory organization 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
    Pursuant to ISE Rules 722 and 804, the Exchange automatically
removes a market maker's quotes in all series of an options class when
certain parameter settings are triggered. Specifically, there are
currently four parameters that can be set by market makers on a class-
by-class basis. These parameters are available for market maker quotes
in single options series and for market maker quotes in complex
instruments on the complex order book. Market makers establish a time
frame during which the system calculates: (1) The number of contracts
executed by the market maker in an options class; (2) the percentage of
the total size of the market maker's quotes in the class that has been
executed; (3) the absolute value of the net between contracts bought
and contracts sold in an options class, and (4) the absolute value of
the net between (a) calls purchased plus puts sold, and (b) calls sold
plus puts purchased. The market maker establishes limits for each of
these four parameters, and when the limits are exceeded within the
prescribed time frame, the market maker's quotes in that class are
removed or curtailed. It is mandatory for market makers to enter values
into all four of the quotation risk management parameters for all
options classes in which it enters quotes.\3\
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    \3\ See Securities Exchange Act Release No. 70132 (August 7,
2013), 78 FR 49311 (August 13, 2013) (SR-ISE-2013-38).
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    The Exchange now proposes to enhance its risk management offering
to further strengthen risk management for market maker quotes. While
the parameters described in the preceding paragraph are set on a class-
by-class basis, the Exchange now proposes to adopt functionality that
will allow market makers to manage their risk across the entire market.
Specifically, the Exchange proposes to adopt functionality to allow
market maker quotes to be removed from the trading system if a
specified number of curtailment events occur across the ISE market. If
the specified number of curtailment events is exceeded within the
prescribed time period, the market maker's quotes in all classes in
which it quotes will automatically be removed from the trading system.
    As proposed, market makers must request the Exchange to set the
proposed market wide parameter to govern its trading activity. Once
this parameter is set, the trading system will count the number of
times a market maker's pre-set curtailment, as specified in Rule 804(g)
(for regular orders) and Rule 722, Supplementary Material .04 (for
complex orders), has been triggered. Once the specified number of
curtailment events has been reached, the trading system will remove all
of the market maker's quotes in all classes in which it makes a market
thereby reducing the risk to the market maker in the event the market
maker is suffering from a systems issue or due to the occurrence of
unusual or unexpected market activity. Any quotes sent by the market
maker after the proposed market wide parameter has been triggered will
be rejected until such time that the market maker notifies the Exchange
that it is ready to come out of its curtailment. In the interests of
maintaining fair and orderly markets, the Exchange believes it is
important that market makers communicate their readiness to the
Exchange in a non-automated manner, such as by email or telephone. Once
notified by the market maker, the Exchange will reactivate the market
maker's quotes and the market maker will once again be active in the
options classes in which it makes markets.
    As an example, suppose market maker ABCD, who makes a market in 50
options classes on the Exchange, sets the proposed market wide
parameter so that it is triggered at 25 curtailment events within a 20
second time period. On a given trading day, if market maker ABCD is
curtailed, within the prescribed time period, 25 times across all 50
options classes in which it makes a market then all of market maker
ABCD's quotes on ISE in all 50 options classes will be removed from the
trading system. The 25 curtailment events can occur in just one class
or any number of classes in which market maker ABCD makes a market on
the Exchange.
    While the proposed risk management functionality is a useful
feature that serves an important risk management purpose, it operates
consistent with the firm quote obligations of a broker-dealer pursuant
to Rule 602 of Regulation NMS. Specifically, any marketable orders or
quotes that are executable against a market maker's quotes that are
received prior to the time this functionality is engaged will be
automatically executed at the price up to the market maker's size,
regardless of whether such execution results in executions in excess of
the market maker's pre-set parameters.
    The proposed market wide parameter is meant to provide market
makers with protection from the risk of multiple executions across
multiple series of an option or across multiple options. The risk to
market makers is not limited to a single series in an option or even to
all series in an option; market makers that quote in multiple series of
multiple options have significant exposure, requiring them to offset or
hedge their overall positions. The proposed functionality will be
useful for market makers, who are required to continuously quote in
assigned options classes. Quoting across many series in an option or
multiple options creates the possibility of executions that can create
large, unintended principal positions that could expose market makers
to unnecessary risk. The proposed functionality is intended to assist
Exchange market makers in managing their market risk, and providing
deep and liquid markets for the benefit to all investors.
    While entering values into the proposed market wide parameter will
be mandatory, the Exchange notes that market makers who prefer to use
their own risk-management systems can set values that assure the
Exchange-provided parameter will not be

triggered.\4\ Accordingly, the proposal does not require members to
manage their risk using the Exchange-provided tools. The Exchange
expects to implement the proposed functionality in January 2014. The
Exchange will provide at least two weeks' notice to members via an
Exchange circular prior to implementing the proposed functionality to
allow members the opportunity to perform any system changes.
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    \4\ For example, a market maker could set the value for the
total number of curtailment events across the market at a high
number so as not to trigger the Exchange-provided parameter.
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2. Statutory Basis
    The Exchange believes that its proposal is consistent with Section
6(b) of the Securities Exchange Act of 1934 (the ``Act'') \5\ in
general, and furthers the objectives of Section 6(b)(5) of the Act \6\
in particular, in that it is designed to promote just and equitable
principles of trade, to remove impediments to and perfect the mechanism
for a free and open market and a national market system, and, in
general, to protect investors and the public interest.
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    \5\ 15 U.S.C. 78f(b).
    \6\ 15 U.S.C. 78f(b)(5).
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    The Exchange believes the proposed rule change enhances its risk
management offering to further strengthen risk management for market
maker quotes. The proposed market wide parameter is appropriate and
reasonable because it offers functionality for market makers to manage
their risk. The proposed market wide parameter will protect market
makers from inadvertent exposure to excessive risk and thereby allow
market makers to quote aggressively which removes impediments to a free
and open market and benefits all Exchange members.
    The Exchange believes that requiring market makers to set values
into the proposed risk parameter provided by the Exchange will not be
unreasonably burdensome, as all ISE market makers currently utilize the
Exchange's risk management functionality. Moreover, the Exchange is
proposing this rule change at the request of its market makers to
further reduce their risk in the event the market maker is suffering
from a systems issue or due to the occurrence of unusual or unexpected
market activity. As discussed above, the proposed market wide parameter
will protect market makers from inadvertent exposure to excessive risk.
Reducing such risk will enable market makers to enter quotations
without any fear of inadvertent exposure to excessive risk, which in
turn will benefit investors through increased liquidity for the
execution of their orders. Such increased liquidity benefits investors
because they receive better prices and because it lowers volatility in
the options market. The Exchange notes a similar functionality is
offered by the BATS Exchange, Inc. (``BATS'').\7\ The Risk Monitor
Mechanism provides BATS participants, and particularly market makers,
protection from the risk of multiple executions across multiple series
of an option or across multiple options. The Risk Monitor Mechanism
uses a counting program that users may configure to govern trading. The
counting program counts executions, contract volume and notional value,
within a specified time period established by a user and on an absolute
basis for each trading day. The BATS trading system engages the Risk
Monitor Mechanism when the counting program has determined that a
user's trading has triggered a setting whereby the Risk Monitor
Mechanism then automatically removes the user's orders in all series of
a particular option or in all series of all options until the counting
program has been reset.
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    \7\ See BATS Rules, Chapter XXI, Rule 21.16, Risk Monitor
Mechanism.
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B. Self-Regulatory Organization's Statement on Burden on Competition

    The proposed rule change does not impose any burden on competition.
The proposed rule change is meant to protect ISE market makers from
inadvertent exposure to excessive risk. Accordingly, the proposed rule
change will have no impact on competition. Market makers who prefer to
use their own risk-management systems can enter out-of-range values so
that the Exchange-provided parameters will not be triggered.
Accordingly, the proposal does not require members to manage their risk
using an Exchange-provided tool.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants or Others

    The Exchange has not solicited, and does not intend to solicit,
comments on this proposed rule change. The Exchange has not received
any unsolicited written comments from members or other interested
parties.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    Because the foregoing 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 for 30 days after the date of the filing, or such
shorter time as the Commission may designate, it has become effective
pursuant to 19(b)(3)(A) of the Act \8\ and Rule 19b-4(f)(6) \9\
thereunder.
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    \8\ 15 U.S.C. 78s(b)(3)(A).
    \9\ 17 CFR 240.19b-4(f)(6). In addition, Rule 19b-4(f)(6)
requires a self-regulatory organization to give the Commission
written notice of its intent to file 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.
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    At any time within 60 days of the filing of the 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 to
determine whether the proposed rule should be approved or disapproved.

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 Comments

     Use the Commission's Internet comment form http://www.sec.gov/rules/sro.shtml); or
     Send an Email to<EMAIL_ADDRESS>Please include
File No. SR-ISE-2014-04 on the subject line.

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-ISE-2014-04. 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 such 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-ISE-2014-04 and should be
submitted by February 26, 2014.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\10\
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    \10\ 17 CFR 200.30-3(a)(12).
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Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-02380 Filed 2-4-14; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register: March 12, 2008 (Volume 73, Number 49)]
[Proposed Rules]
[Page 13157-13159]
[DOCID:fr12mr08-40]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 39

[Docket No. FAA-2008-0284; Directorate Identifier 2008-CE-006-AD]
RIN 2120-AA64

Airworthiness Directives; Cirrus Design Corporation Model SR20
Airplanes

AGENCY: Federal Aviation Administration (FAA), Department of
Transportation (DOT).

ACTION: Notice of proposed rulemaking (NPRM).

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SUMMARY: We propose to adopt a new airworthiness directive (AD) for
certain Cirrus Design Corporation (CDC) Model SR20 airplanes. This
proposed AD would require an inspection and replacement as necessary of
the heat exchanger. This proposed AD results from the discovery of
engine exhaust fumes in the cabin of CDC Model SR20 airplanes. We are
proposing this AD to detect and correct leaks in the exhaust system,
which could result in exhaust gases leaking into the cabin heating
system. This condition could lead to carbon monoxide in the cabin and
incapacitation of the pilot.

DATES: We must receive comments on this proposed AD by May 12, 2008.

ADDRESSES: Use one of the following addresses to comment on this
proposed AD:
     Federal eRulemaking Portal: Go to http://
www.regulations.gov. Follow the instructions for submitting comments.
     Fax:<PHONE_NUMBER>.
     Mail: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room

W12-140, 1200 New Jersey Avenue, SE., Washington, DC 20590.
     Hand Delivery: U.S. Department of Transportation, Docket
Operations, M-30, West Building Ground Floor, Room W12-140, 1200 New
Jersey Avenue, SE., Washington, DC 20590, between 9 a.m. and 5 p.m.,
Monday through Friday, except Federal holidays.
    For service information identified in this proposed AD, contact
Cirrus Design Corporation, 4515 Taylor Circle, Duluth, Minnesota 55811,
telephone:<PHONE_NUMBER>.

FOR FURTHER INFORMATION CONTACT: Michael Downs, Aerospace Engineer,
2300 East Devon Avenue, Room 107, Des Plaines, Illinois 60018;
telephone:<PHONE_NUMBER>; fax:<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION:

Comments Invited

    We invite you to send any written relevant data, views, or
arguments regarding this proposed AD. Send your comments to an address
listed under the ADDRESSES section. Include the docket number, ``FAA-
2008-0284; Directorate Identifier 2008-CE-006-AD'' at the beginning of
your comments. We specifically invite comments on the overall
regulatory, economic, environmental, and energy aspects of the proposed
AD. We will consider all comments received by the closing date and may
amend the proposed AD in light of those comments.
    We will post all comments we receive, without change, to http://
www.regulations.gov, including any personal information you provide. We
will also post a report summarizing each substantive verbal contact we
receive concerning this proposed AD.

Discussion

    We received a report from the operator of a fleet of CDC Model SR20
airplanes that an exhaust leak was discovered in the cabin on one of
the fleet airplanes. Failure of a spot weld that secures the heater
shroud to the muffler caused the exhaust leak. Inspection of the
operator's total fleet of 40 airplanes found 24 more airplanes with
defective spot welds. One of these defective welds was leaking exhaust
into the cabin heating system.
    This condition, if not corrected, could lead to carbon monoxide in
the cabin and incapacitation of the pilot.

Relevant Service Information

    We have reviewed Cirrus Service Bulletin SB 2X-78-07 R1, Revision
1, dated December 18, 2007. The service information describes
procedures for:
     Pressurization check of the heat exchanger;
     Installation of an improved heat exchanger if broken welds
or exhaust leaks are found; and
     Repetitive 100-hour pressurization checks.

FAA's Determination and Requirements of the Proposed AD

    We are proposing this AD because we evaluated all information and
determined the unsafe condition described previously is likely to exist
or develop on other products of the same type design. This proposed AD
would require an inspection and replacement as necessary of the exhaust
system.

Costs of Compliance

    We estimate that this proposed AD would affect 713 airplanes in the
U.S. registry.
    We estimate the following costs to do the proposed inspection:

----------------------------------------------------------------------------------------------------------------
                                                                                Total cost per   Total cost on
                          Labor cost                              Parts cost        airplane     U.S.  operators
----------------------------------------------------------------------------------------------------------------
1 work-hour x $80 per hour = $80.............................              $0              $80          $57,040
----------------------------------------------------------------------------------------------------------------

    We estimate the following costs to do any necessary replacement
that would be required based on the results of the proposed inspection.
We have no way of determining the number of airplanes that may need
this replacement:

------------------------------------------------------------------------
                                                          Total cost per
              Labor cost                   Parts cost        airplane
------------------------------------------------------------------------
1 work-hour x $80 per hour = $80......            $848             $928
------------------------------------------------------------------------

    Warranty credit will be given to the extent specified in Cirrus
Service Bulletin SB 2X-78-07 R1, Revision 1, dated December 18, 2007.

Authority for This Rulemaking

    Title 49 of the United States Code specifies the FAA's authority to
issue rules on aviation safety. Subtitle I, Section 106, describes the
authority of the FAA Administrator. Subtitle VII, Aviation Programs,
describes in more detail the scope of the Agency's authority.
    We are issuing this rulemaking under the authority described in
Subtitle VII, Part A, Subpart III, Section 44701, ``General
requirements.'' Under that section, Congress charges the FAA with
promoting safe flight of civil aircraft in air commerce by prescribing
regulations for practices, methods, and procedures the Administrator
finds necessary for safety in air commerce. This regulation is within
the scope of that authority because it addresses an unsafe condition
that is likely to exist or develop on products identified in this
rulemaking action.

Regulatory Findings

    We have determined that this proposed AD would not have federalism
implications under Executive Order 13132. This proposed AD would not
have a substantial direct effect on the States, on the relationship
between the national Government and the States, or on the distribution
of power and responsibilities among the various levels of government.
    For the reasons discussed above, I certify that the proposed
regulation:
    1. Is not a ``significant regulatory action'' under Executive Order
12866;
    2. Is not a ``significant rule'' under the DOT Regulatory Policies
and Procedures (44 FR 11034, February 26, 1979); and
    3. Will not have a significant economic impact, positive or
negative, on a substantial number of small entities under the criteria
of the Regulatory Flexibility Act.
    We prepared a regulatory evaluation of the estimated costs to
comply with this proposed AD and placed it in the AD docket.

Examining the AD Docket

    You may examine the AD docket that contains the proposed AD, the
regulatory evaluation, any comments

received, and other information on the Internet at http://
www.regulations.gov; or in person at the Docket Management Facility
between 9 a.m. and 5 p.m., Monday through Friday, except Federal
holidays. The Docket Office (telephone<PHONE_NUMBER>) is located at
the street address stated in the ADDRESSES section. Comments will be
available in the AD docket shortly after receipt.

List of Subjects in 14 CFR Part 39

    Air transportation, Aircraft, Aviation safety, Safety.

The Proposed Amendment

    Accordingly, under the authority delegated to me by the
Administrator, the FAA proposes to amend 14 CFR part 39 as follows:

PART 39--AIRWORTHINESS DIRECTIVES

    1. The authority citation for part 39 continues to read as follows:

    Authority: 49 U.S.C. 106(g), 40113, 44701.

Sec.  39.13  [Amended]

    2. The FAA amends Sec.  39.13 by adding the following new AD:

Cirrus Design Corporation: Docket No. FAA-2008-0284; Directorate
Identifier 2008-CE-006-AD.

Comments Due Date

    (a) We must receive comments on this airworthiness directive
(AD) action by May 12, 2008.

Affected ADs

    (b) None.

Applicability

    (c) This AD applies to Model SR20 airplanes, serial numbers 1005
through 1815, that are certificated in any category.

Unsafe Condition

    (d) This AD results from the discovery of engine exhaust fumes
in the cabin of Cirrus Design Corporation Model SR20 airplanes. We
are proposing this AD to detect and correct leaks in the exhaust
system, which could result in exhaust gases leaking into the cabin
heating system. This condition could lead to carbon monoxide in the
cabin and incapacitation of the pilot.

Compliance

    (e) To address this problem, you must do the following, unless
already done:

------------------------------------------------------------------------
           Actions                 Compliance            Procedures
------------------------------------------------------------------------
(1) Perform a pressurization  Initially within the  Follow Cirrus
 check on the exhaust system.  next 25 hours time-   Service Bulletin SB
                               in-service (TIS)      2X-78-07 R1,
                               after the effective   Revision 1, dated
                               date of this AD or    December 18, 2007.
                               within the next 3
                               months after the
                               effective date of
                               this AD, whichever
                               occurs first.
                               Repetitively
                               thereafter at
                               intervals not to
                               exceed every 100
                               hours TIS.
(2) If the exhaust system is  Before further        Follow Cirrus
 found defective during any    flight after the      Service Bulletin SB
 check required in paragraph   effective date of     2X-78-07 R1,
 (e)(1) of this AD or an       this AD.              Revision 1, dated
 exhaust odor is detected                            December 18, 2007.
 inside the airplane cabin,
 replace the heat exchanger
 weldment and shroud with
 new improved heat exchanger
 weldment and new shroud.
------------------------------------------------------------------------

Alternative Methods of Compliance (AMOCs)

    (f) The Manager, Chicago Aircraft Certification Office (ACO),
FAA, has the authority to approve AMOCs for this AD, if requested
using the procedures found in 14 CFR 39.19. Send information to
ATTN: Michael Downs, Aerospace Engineer, Chicago ACO, 2300 East
Devon Avenue, Room 107, Des Plaines, Illinois 60018; telephone:
(847) 294-7870; fax:<PHONE_NUMBER>. Before using any approved AMOC
on any airplane to which the AMOC applies, notify your appropriate
principal inspector (PI) in the FAA Flight Standards District Office
(FSDO), or lacking a PI, your local FSDO.

Related Information

    (g) To get copies of the service information referenced in this
AD, contact Cirrus Design Corporation, 4515 Taylor Circle, Duluth,
Minnesota 55811, telephone:<PHONE_NUMBER>. To view the AD docket,
go to U.S. Department of Transportation, Docket Operations, M-30,
West Building Ground Floor, Room W12-140, 1200 New Jersey Avenue,
SE., Washington, DC 20590, or on the Internet at http://
www.regulations.gov.

    Issued in Kansas City, Missouri, on March 4, 2008.
David R. Showers,
Acting Manager, Small Airplane Directorate, Aircraft Certification
Service.
[FR Doc. E8-4864 Filed 3-11-08; 8:45 am]

BILLING CODE 4910-13-P


[Federal Register Volume 81, Number 238 (Monday, December 12, 2016)]
[Notices]
[Page 89456]
[FR Doc No: 2016-29622]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 4253-002]

River Street Associates; Contoocook Hydro, LLC; Notice of
Transfer of Exemption

    1. By letter filed November 23, 2016, Contoocook Hydro, LLC
informed the Commission that the exemption from licensing for the River
Street Project No. 4253, originally issued May 4, 1982 \1\ has been
transferred to Contoocook Hydro, LLC. The project is located on the
Nubanusit River in Hillsborough County, New Hampshire. The transfer of
an exemption does not require Commission approval.
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    \1\ 19 FERC 62,193, Order Granting Exemption from Licensing of a
Small Hydroelectric Project of 5Megawatts or Less (1982).
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    2. Contoocook Hydro, LLC is now the exemptee of the River Street
Project No. 4253. All correspondence should be forwarded to: Ms. Lori
Barg, President, Contoocook Hydro, LLC, 581 Quaker Street, Henniker, NH
03242, Phone:<PHONE_NUMBER>, Email<EMAIL_ADDRESS>
    Dated: December 2, 2016.
Kimberly D. Bose,
Secretary.
[FR Doc. 2016-29622 Filed 12-9-16; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 85, Number 220 (Friday, November 13, 2020)]
[Notices]
[Page 72679]
[FR Doc No: 2020-25075]

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DEPARTMENT OF HOMELAND SECURITY

Federal Emergency Management Agency

[Internal Agency Docket No. FEMA-4393-DR; Docket ID FEMA-2020-0001]

North Carolina; Amendment No. 13 to Notice of a Major Disaster
Declaration

AGENCY: Federal Emergency Management Agency, DHS.

ACTION: Notice.

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SUMMARY: This notice amends the notice of a major disaster declaration
for the State of North Carolina (FEMA-4393-DR), dated September 14,
2018, and related determinations.

DATES: This change occurred on October 13, 2020.

FOR FURTHER INFORMATION CONTACT: Dean Webster, Office of Response and
Recovery, Federal Emergency Management Agency, 500 C Street SW,
Washington, DC 20472,<PHONE_NUMBER>.

SUPPLEMENTARY INFORMATION: The Federal Emergency Management Agency
(FEMA) hereby gives notice that pursuant to the authority vested in the
Administrator, under Executive Order 12148, as amended, Myra M. Shird,
of FEMA is appointed to act as the Federal Coordinating Officer for
this disaster.
    This action terminates the appointment of Elizabeth Turner as
Federal Coordinating Officer for this disaster.

    The following Catalog of Federal Domestic Assistance Numbers
(CFDA) are to be used for reporting and drawing funds: 97.030,
Community Disaster Loans; 97.031, Cora Brown Fund; 97.032, Crisis
Counseling; 97.033, Disaster Legal Services; 97.034, Disaster
Unemployment Assistance (DUA); 97.046, Fire Management Assistance
Grant; 97.048, Disaster Housing Assistance to Individuals and
Households In Presidentially Declared Disaster Areas; 97.049,
Presidentially Declared Disaster Assistance--Disaster Housing
Operations for Individuals and Households; 97.050, Presidentially
Declared Disaster Assistance to Individuals and Households--Other
Needs; 97.036, Disaster Grants--Public Assistance (Presidentially
Declared Disasters); 97.039, Hazard Mitigation Grant.

Pete Gaynor,
Administrator, Federal Emergency Management Agency.
[FR Doc. 2020-25075 Filed 11-12-20; 8:45 am]
BILLING CODE 9111-23-P


[Federal Register Volume 75, Number 127 (Friday, July 2, 2010)]
[Notices]
[Pages 38583-38584]
[FR Doc No: 2010-16144]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-62394; File No. SR-Phlx-2010-89]

Self-Regulatory Organizations; NASDAQ OMX PHLX, Inc.; Notice of
Filing of Proposed Rule Change Relating to Pricing for Direct Circuit
Connections

June 28, 2010.
    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 June 24, 2010, NASDAQ OMX PHLX, Inc. (``Phlx'' or ``Exchange'')
filed with the Securities and Exchange Commission (``Commission'') the
proposed rule change as described in Items I, II, and III 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.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
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I. Self-Regulatory Organization's Statement of the Terms of the
Substance of the Proposed Rule Change

    The Exchange is filing with the Securities and Exchange Commission
(``SEC'' or ``Commission'') a proposed rule change to establish pricing
for 10Gb direct circuit connections and codify pricing for 10Gb [sic]
direct circuit connections for customers who are not co-located in the
Exchange's datacenter. The text of the proposed rule change is
available at http://nasdaqtrader.com/micro.aspx?id=PHLXfilings, on the
Commission's Web site at http://www.sec.gov, at the Exchange's
principal office, 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 Exchange is proposing to establish fees for direct 10Gb circuit
connections, and codify fees for direct circuit connections capable of
supporting up to 1Gb, for customers who are not co-located at the
Exchange's datacenter. Currently, the Exchange already makes available
to co-located customers a 10Gb circuit connection and charges for each
a $1000 initial installation charge as well as an ongoing monthly fee
of $5000. The Exchange is establishing the same fees for non co-located
customers with a 10Gb circuit.\3\
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    \3\ The Exchange provides an additional 1Gb copper connection
option to the Exchange for co-located customers. Given the
technological constraints of copper connections over longer
distances, the Exchange does not offer a copper connection option to
users outside of its datacenter.
---------------------------------------------------------------------------

    The Exchange also already makes available to both co-located and
non co-located customers direct connections capable of supporting up to
1Gb, with per connection monthly fees of $500 for co-located customers
and $1000 for non co-located customers. Monthly fees are higher for non
co-located customers because direct connections require the Exchange to
provide cabinet space and middleware for those customers' third-party
vendors to connect into the datacenter and, ultimately, to the trading
system. Finally, for non co-located customers the Exchange charges an
optional installation fee of $925 if the customer chooses to use an on-
site router.
2. Statutory Basis
    The Exchange believes that the proposed rule change is consistent
with the provisions of Section 6 of the Act,\4\ in general, and with
Sections 6(b)(5) of the Act,\5\ in particular, in that the proposal is
designed to prevent fraudulent and manipulative acts and practices, to
promote just and equitable principles of trade, to foster cooperation
and coordination with persons engaged in regulating, clearing,
settling, processing information with respect to, and facilitating
transactions in securities, to remove impediments to and perfect the
mechanism of a free and open market and a national market system, and,
in general, to protect investors and the public interest. In
particular, the proposal will provide greater transparency into the
connectivity options available to market participants.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78f.
    \5\ 15 U.S.C. 78f(b)(5).
---------------------------------------------------------------------------

    The Exchange also believes that the proposed rule change is
consistent with the provisions of Section 6 of the Act,\6\ in general,
and with Section 6(b)(4) of the Act,\7\ in particular, in that it
provides for the equitable allocation of reasonable dues, fees and
other charges among members and issuers and other persons using any
facility or system which the Exchange operates or controls. The filing
codifies and makes transparent the fees imposed for direct connections
to non co-located customers. These fees are uniform for all such
customers and are either

comparable to fees charged to co-located customers or vary due to
different costs associated with providing service to the two customer
types.
---------------------------------------------------------------------------

    \6\ 15 U.S.C. 78f.
    \7\ 15 U.S.C. 78f(b)(4).
---------------------------------------------------------------------------

B. Self-Regulatory Organization's Statement on Burden on Competition

    The Exchange does not believe that the proposed rule change will
result in any burden on competition that is not necessary or
appropriate in furtherance of the purposes of the Act, as amended.

C. Self-Regulatory Organization's Statement on Comments on the Proposed
Rule Change Received From Members, Participants, or Others

    Written comments were neither solicited nor received.

III. Date of Effectiveness of the Proposed Rule Change and Timing for
Commission Action

    Within 35 days of the date of publication of this notice in the
Federal Register or within such longer period (i) as the Commission may
designate up to 90 days of such date if it finds such longer period to
be appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
    (A) By order approve such proposed rule change, or
    (B) institute proceedings to determine whether the proposed rule
change should be disapproved.

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change, as amended, is consistent with the Act. Comments may be
submitted by any of the following methods:

Electronic Comments

     Use the Commission's Internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an e-mail to<EMAIL_ADDRESS>Please include
File Number SR-Phlx-2010-89 on the subject line.

Paper Comments

     Send paper comments in triplicate to Elizabeth M. Murphy,
Secretary, Securities and Exchange Commission, 100 F Street, NE.,
Washington, DC 20549-1090.

All submissions should refer to File Number SR-Phlx-2010-89. This file
number should be included on the subject line if e-mail 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
a.m. and 3 p.m. Copies of such 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-2010-89 and should be
submitted on or before July 23, 2010.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------

    \8\ 17 CFR 200.30-3(a)(12).
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Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-16144 Filed 7-1-10; 8:45 am]
BILLING CODE 8010-01-P


[Federal Register Volume 78, Number 29 (Tuesday, February 12, 2013)]
[Notices]
[Pages 9902-9903]
[FR Doc No: 2013-03159]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

Combined Notice of Filings 1

    Take notice that the Commission received the following electric
rate filings:

    Docket Numbers: ER12-2037-002.
    Applicants: Spearville 3, LLC.
    Description: Notice of Non-Material Change in Status of Spearville
3, LLC.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5301.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER12-2617-002.
    Applicants: Midwest Independent Transmission System Operator, Inc.
    Description: SA 2431 G549 Amended Filing to be effective 9/13/2012.
    Filed Date: 1/31/13.
    Accession Number: 20130131-5003.
    Comments Due: 5 p.m. ET 2/21/13.

    Docket Numbers: ER13-347-001.
    Applicants: PJM Interconnection, L.L.C.
    Description: Compliance Filing per 1/8/2013 Order in Docket No.
ER13-347-000 to be effective 4/1/2013.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5270.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER13-733-001.
    Applicants: Silver Bear Power, LLC.
    Description: Amendment of Pending Filing 1 to be effective 3/1/
2013.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5271.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER13-832-000.
    Applicants: Puget Sound Energy, Inc.
    Description: OATT Housekeeping Cleanup to be effective 1/31/2013.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5254.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER13-833-000.
    Applicants: PacifiCorp.
    Description: BPA Cooperative Communications Agreement 5th Revised
to be effective 4/1/2013.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5272.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER13-834-000.
    Applicants: Southwest Power Pool, Inc.
    Description: Registration Freeze Filing to be effective 2/1/2013.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5273.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: ER13-835-000.
    Applicants: Southern California Edison Company.
    Description: GIA and Distribution Service Agreement SPVP048, RDC 10
Project to be effective 2/1/2013.

    Filed Date: 1/31/13.
    Accession Number: 20130131-5000.
    Comments Due: 5 p.m. ET 2/21/13.

    Docket Numbers: ER13-836-000.
    Applicants: MATL LLP.
    Description: Modify Attachment K to be effective 12/31/9998.
    Filed Date: 1/31/13.
    Accession Number: 20130131-5001.
    Comments Due: 5 p.m. ET 2/21/13.

    Docket Numbers: ER13-837-000.
    Applicants: Southern California Edison Company.
    Description: Amended Pacific Intertie DC Transmission Facilities
Agmt with SCE and LADWP to be effective 4/2/2013.
    Filed Date: 1/31/13.
    Accession Number: 20130131-5002.
    Comments Due: 5 p.m. ET 2/21/13.

    Docket Numbers: ER13-838-000.
    Applicants: Pacific Gas and Electric Company.
    Description: CCSF IA--40th Quarterly Filing of Facilities
Agreements to be effective 12/31/2012.
    Filed Date: 1/31/13.
    Accession Number: 20130131-5004.
    Comments Due: 5 p.m. ET 2/21/13.

    Docket Numbers: ER13-839-000.
    Applicants: ISO New England Inc., Green Mountain Power Corporation.
    Description: ISO New England Inc. and Green Mountain Power
Corporation submit a Notice of Cancellation of Large Generator
Interconnection Agreement.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5302.
    Comments Due: 5 p.m. ET 2/20/13.

    Take notice that the Commission received the following land
acquisition reports:

    Docket Numbers: LA12-4-000.
    Applicants: Bluegrass Generation Company, L.L.C., Blythe Energy,
LLC, Calhoun Power Company, LLC, Cherokee County Cogeneration Partners,
LLC, DeSoto County Generating Company, LLC, Doswell Limited
Partnership, Las Vegas Power Company, LLC, LS Power Marketing, LLC, LSP
Safe Harbor Holdings, LLC, LSP University Park, LLC, Renaissance Power,
L.L.C., Riverside Generating Company, L.L.C., Rocky Road Power, LLC,
Tilton Energy LLC, University Park Energy, LLC, and Wallingford Energy
LLC.
    Description: Quarterly Land Acquisition Report of LS MBR Sellers.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5291.
    Comments Due: 5 p.m. ET 2/20/13.

    Docket Numbers: LA12-4-000.
    Applicants: Flat Rock Windpower LLC, Flat Rock Windpower II LLC,
Marble River, LLC.
    Description: Quarterly Land Acquisition Report of Flat Rock
Windpower LLC, et al.
    Filed Date: 1/30/13.
    Accession Number: 20130130-5294.
    Comments Due: 5 p.m. ET 2/20/13.

    The filings are accessible in the Commission's eLibrary system by
clicking on the links or querying the docket number.
    Any person desiring to intervene or protest in any of the above
proceedings must file in accordance with Rules 211 and 214 of the
Commission's Regulations (18 CFR 385.211 and 385.214) on or before 5:00
p.m. Eastern time on the specified comment date. Protests may be
considered, but intervention is necessary to become a party to the
proceeding.
    eFiling is encouraged. More detailed information relating to filing
requirements, interventions, protests, service, and qualifying
facilities filings can be found at: http://www.ferc.gov/docs-filing/efiling/filing-req.pdf. For other information, call<PHONE_NUMBER>
(toll free). For TTY, call<PHONE_NUMBER>.

    Dated: January 31, 2013.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2013-03159 Filed 2-11-13; 8:45 am]
BILLING CODE 6717-01-P