Federal Register / Vol. 76, No. 71 / Wednesday, April 13, 2011 / Notices 20797 

Products. See Interpretation and Policy .03 to Rule 

6.3C. 

7 15 U.S.C. 78a et seq. 

8 15 U.S.C. 78(f)(b). 

9 15 U.S.C. 78(f)(b)(5). 

10 15 U.S.C. 78s(b)(3)(A). 

11 17 CFR 240.19b–4(f)(6)(iii). In addition, Rule 

19b–4(f)(6)(iii) requires that a self-regulatory 

organization submit to the Commission written 

notice of its 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 filing of the proposed rule change, or 

such shorter time as designated by the Commission. 

The Commission notes that the Exchange has 

satisfied this requirement. 

12For purposes only of waiving the 30-day 

operative delay, the Commission has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. See 15 U.S.C. 78c(f). 

13 17 CFR 200.30–3(a)(12). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

2. Statutory Basis 

Extension of the pilot period will 

allow the Exchange to continue to 

operate the pilot on an uninterrupted 

basis. Accordingly, CBOE believes the 

proposed rule change is consistent with 

the Act 7 and the rules and regulations 

under the Act applicable to a national 

securities exchange and, in particular, 

the requirements of Section 6(b) of the 

Act.8 Specifically, the Exchange 

believes the proposed rule change is 

consistent with the Section 6(b)(5) 9

requirements that the rules of an 

exchange be designed to promote just 

and equitable principles of trade, to 

prevent fraudulent and manipulative 

acts and, in general, to protect investors 

and the public interest. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

CBOE does not believe that the 

proposed rule change will impose any 

burden on competition that is 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 

The Exchange neither solicited nor 

received comments on the proposal. 

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 from the date on 

which it was filed, or such shorter time 

as the Commission may designate, it has 

become effective pursuant to Section 

19(b)(3)(A) of the Act 10 and Rule 19b– 

4(f)(6)(iii) thereunder.11 The Exchange 

has asked the Commission to waive the 

30-day operative delay so that the 

proposal may become operative 

immediately upon filing. The 

Commission believes that waiving the 

30-day operative delay is consistent 

with the protection of investors and the 

public interest because such waiver will 

allow the pilot program to continue 

uninterrupted and help ensure 

uniformity among the national 

securities exchanges and FINRA with 

respect to the treatment of clearly 

erroneous transactions.12 Accordingly, 

the Commission waives the 30-day 

operative delay requirement and 

designates the proposed rule change as 

operative upon filing with the 

Commission. 

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. 

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 e-mail to rulecomments@sec.gov. Please include File 

Number SR–CBOE–2011–032 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–CBOE–2011–032. 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 

publicly available. All submissions 

should refer to File Number SR–CBOE– 

2011–032 and should be submitted on 

or before May 4, 2011. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.13

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–8790 Filed 4–12–11; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–64252; File No. SR–EDGA– 

2011–09] 

Self-Regulatory Organizations; EDGA 

Exchange, Inc.; Notice of Filing and 

Immediate Effectiveness of Proposed 

Rule To Amend EDGA Rule 11.9 To 

Introduce Additional Routing Options 

to the Rule 

April 7, 2011. 

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 April 1, 

2011, the EDGA Exchange, Inc. (the 

‘‘Exchange’’ or the ‘‘EDGA’’) 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 self-regulatory 

organization. The Commission is 

publishing this notice to solicit 

comments on the proposed rule change 

from interested persons. 

mstockstill on DSKH9S0YB1PROD with NOTICES

20798 Federal Register / Vol. 76, No. 71 / Wednesday, April 13, 2011 / Notices 

3EDGX Rule 11.5(c)(7) defines a Mid-Point Match 

(MPM) order as an order with an instruction to 

execute it at the midpoint of the NBBO. A MPM 

order may be a Day Order, Fill-or-Kill Order, or IOC 

Order. The Exchange notes that members can send 

in a MPM order directly to EDGX without routing 

through the EDGA platform as an ICMT routing 

option. 

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

5 15 U.S.C. 78s(b)(3)(A). 

6 17 CFR 240.19b–4(f)(6)(iii). 

7 17 CFR 240.19b–4(f)(6)(iii). 

8 Id. 

I. Self-Regulatory Organization’s 

Statement of the Terms of Substance of 

the Proposed Rule Change 

The Exchange proposes to amend 

Rule 11.9 to introduce additional 

routing options to the rule. The text of 

the proposed rule change is attached as 

Exhibit 5 and is available on the 

Exchange’s Web site at http:// 

www.directedge.com, at the Exchange’s 

principal office, on the Commission’s 

Web site at http://www.sec.gov, and at 

the Public Reference Room of the 

Commission. 

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 

The Exchange’s current list of routing 

options are codified in Rule 11.9(b)(3). 

In this filing, the Exchange proposes to 

amend Rule 11.9(b)(3) to add three new 

additional strategies. 

In Rule 11.9(b)(3), the Exchange 

describes that its system (‘‘System’’) 

provides a variety of routing options. 

Routing options may be combined with 

all available order types and times-inforce, with the exception of order types 

and times-in-force whose terms are 

inconsistent with the terms of a 

particular routing option. The System 

will consider the quotations only of 

accessible markets. The term ‘‘System 

routing table’’ refers to the proprietary 

process for determining the specific 

trading venues to which the System 

routes orders and the order in which it 

routes them. The Exchange reserves the 

right to maintain a different System 

routing table for different routing 

options and to modify the System 

routing table at any time without notice. 

The new System routing options are 

described in more detail below. 

The Exchange proposes to describe 

the ICMT routing strategy and add it to 

Rule 11.9(b)(3)(r). ICMT is a routing 

strategy under which an order checks 

the System for available shares, then is 

sent to destinations on the System 

routing table and then to EDGX 

Exchange, Inc. (‘‘EDGX’’) as an 

immediate or cancel (IOC) Mid-Point 

Match (‘‘MPM’’)order.3 If there is no 

liquidity at EDGX to execute at the 

midpoint, the order is subsequently 

cancelled. 

The Exchange proposes to describe 

the ROUQ routing strategy and add it to 

Rule 11.9(b)(3)(c)(iv). ROUQ is a routing 

option under which an order checks the 

System for available shares and then is 

sent to destinations on the System 

routing table. 

The Exchange proposes to describe 

the ROUZ routing strategy and add it to 

Rule 11.9(b)(3)(c)(v). ROUZ is a routing 

option under which an order checks the 

System for available shares and then is 

sent to destinations on the System 

routing table. 

The differences between the latter two 

strategies lies in the differences in the 

System routing tables for the ROUQ/ 

ROUZ strategies. The ROUQ routing 

strategy goes to fewer low cost 

destinations than does the ROUZ 

routing strategy. 

The Exchange also proposes to move 

the existing descriptions of ROUE, 

ROUT, and ROUX into Rule 

11.9(b)(3)(c)(i)–(iii), respectively. 

Formerly, the descriptions were in 

Rules 11.9(b)(3)(c) for ROUE, 

11.9(b)(3)(h) for ROUT, and 11.9(b)(3)(i) 

for ROUX. 

The Exchange proposes to make 

conforming changes to the rest of the 

rule to re-letter the sections accordingly. 

The Exchange believes that the 

proposed introduction of these routing 

options, described above, will provide 

market participants with greater 

flexibility in routing orders, without 

having to develop their own 

complicated routing strategies. 

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b)(5) of the Act’’,4 which 

requires the rules of an exchange to 

promote just and equitable principles of 

trade, 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. The 

proposed change to introduce the 

routing options described above will 

provide market participants with greater 

flexibility in routing orders without 

developing complicated order routing 

strategies on their own. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The proposed rule change does not 

impose any burden on competition that 

is 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 

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 from the date on 

which it was filed, or such shorter time 

as the Commission may designate, it has 

become effective pursuant to Section 

19(b)(3)(A) of the Act 5 and Rule 19b–4 

(f)(6)(iii) thereunder.6

A proposed rule change filed under 

Rule 19b–4 (f)(6) normally may not 

become operative prior to 30 days after 

the date of filing.7 However, Rule 19b– 

4(f)(6) 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 requested that the 

Commission waive the 30-day operative 

delay so that the proposal may become 

operative upon filing. The Exchange 

notes that waiver of this requirement 

will allow the Exchange to immediately 

offer Exchange users new routing 

strategies, and the inability to 

immediately offer the new routing 

strategies would put the Exchange at a 

competitive disadvantage. The 

Commission believes that waiving the 

30-day operative delay is consistent 

with the protection of investors and the 

public interest because such waiver 

would allow the new routing strategies 

to become immediately available to 

mstockstill on DSKH9S0YB1PROD with NOTICES

Federal Register / Vol. 76, No. 71 / Wednesday, April 13, 2011 / Notices 20799 

9For the purposes only of waiving the 30-day 

operative delay, the Commission has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. See 15 U.S.C. 78c(f). 10 17 CFR 200.30–3(a)(12). 

Exchange users. For this reason, the 

Commission designates the proposed 

rule change to be operative upon filing 

with the Commission.9

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. 

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 e-mail to rulecomments@sec.gov. Please include File 

Number SR–EDGA–2011–09 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–EDGA–2011–09. 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 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–EDGA–2011–09 and should 

be submitted on or before May 4, 2011. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.10

Cathy H. Ahn, 

Deputy Secretary. 

[FR Doc. 2011–8851 Filed 4–12–11; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #12524 and #12525] 

Wisconsin Disaster #WI–00029 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a Notice of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of Wisconsin (FEMA–1966– 

DR), dated 04/05/2011. 

Incident: Severe Winter Storm and 

Snowstorm. 

Incident Period: 01/31/2011 through 

02/03/2011. 

Effective Date: 04/05/2011. 

Physical Loan Application Deadline 

Date: 06/06/2011. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 01/05/2012. 

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: 

Alan 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 

President’s major disaster declaration on 

04/05/2011, Private Non-Profit 

organizations that provide essential 

services of governmental nature may file 

disaster loan applications 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: Dane, Dodge, Grant, 

Iowa, Kenosha, Lafayette, 

Milwaukee, Racine, Walworth, 

Washington. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations With 

Credit Available Elsewhere: 3.250 

Non-Profit Organizations 

Without Credit Available 

Elsewhere: ......................... 3.000 

For Economic Injury: 

Non-Profit Organizations 

Without Credit Available 

Elsewhere: ......................... 3.000 

The number assigned to this disaster 

for physical damage is 12524B and for 

economic injury is 12525B. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008) 

James E. Rivera, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. 2011–8774 Filed 4–12–11; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

Intermediary Lending Pilot Program 

Meeting 

AGENCY: U.S. Small Business 

Administration (SBA). 

ACTION: Notice of open meetings. 

SUMMARY: The SBA is issuing this notice 

to announce the locations, dates, times, 

and agendas for public meetings 

regarding the Intermediary Lending 

Pilot (ILP) program established by the 

Small Business Jobs Act of 2010. The 

meetings will be open to the public. 

DATES: The meeting dates and times are: 

1. April 27, 2011, 9 a.m. to 11 a.m., 

San Francisco, CA. 

2. May 5, 2011, 9 a.m. to 11 a.m., 

Washington, DC. 

ADDRESSES: The meeting locations are: 

1. San Francisco—SBA San Francisco 

District Office (Entrepreneur Center), 

455 Market Street, Suite 600, San 

Francisco, CA 94105–2420. 

2. Washington, DC—SBA Washington 

Metropolitan Area District Office 

(Conference Room), 740 15th Street, 

NW., Suite 300, Washington, DC 20005. 

SUPPLEMENTARY INFORMATION: The SBA 

is holding open meetings to discuss the 

ILP program established in the Small 

Business Jobs Act of 2010 (Pub. L. 111– 

240). The ILP program is a three-year 

pilot program in which SBA will make 

direct loans of up to $1 million at an 

interest rate of 1 percent to up to 20 

mstockstill on DSKH9S0YB1PROD with NOTICES