62110 Federal Register / Vol. 69, No. 204 / Friday, October 22, 2004 / Notices 

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

10 15 U.S.C. 78f(b)(5).

11 15 U.S.C. 78s(b)(3)(A).

12 17 CFR 240.19b–4(f)(6).

13See Securities Exchange Act Release No. 48097 

(June 26, 2003), 68 FR 39604 (July 2, 2003) 

(amending ISE obvious error rule).

14For purposes only of accelerating the operative 

date of this proposal, the Commission has 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. 15 

U.S.C. 78c(f). 15 17 CFR 200.30-3(a)(12).

PCX Rule 6.87 and add new ones that 

relate to: (1) Disclosing the identity of 

parties to an obvious error transaction 

(Commentary .03 to PCX Rule 6.87); (2) 

inclusion of options with zero bid and 

offered at a nickel (Commentary .03 to 

PCX Rule 6.87—modified from the 

Exchange’s existing Rule 6.87(g)(2)(F)—

relating to no bid erroneous executions); 

(3) defining the options exchange 

providing the most liquidity 

(Commentary .05 to PCX Rule 6.87); and 

(4) defining erroneous sell transactions 

and erroneous buy transactions 

(Commentary .06 to PCX Rule 6.87). The 

Exchange also seeks to add a cross 

reference to its hearing and review rule, 

PCX Rule 10.14(a)(5), to include PCX 

Rule 6.87 as a rule from which a 

potentially aggrieved party may appeal 

a decision under PCX Rule 10.14.

2. Statutory Basis 

The Exchange believes that the 

proposed rule change is consistent with 

Section 6(b) of the Act,9 in general, and 

Section 6(b)(5) of the Act,10 in 

particular, because it is designed to 

promote just and equitable principles of 

trade, to prevent fraudulent and 

manipulative acts and practices, and to 

protect investors and the public interest.

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any significant burden on competition. 

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 with respect to 

the proposed rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing proposed rule change 

(1) does not significantly affect the 

protection of investors or the public 

interest; (2) does not impose any 

significant burden on competition; and 

(3) by its terms, does not become 

operative until 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. 

Furthermore, the Exchange provided the 

Commission with 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 date of filing 

of the proposed rule change. 

Consequently, the proposed rule change 

has become effective pursuant to 

Section 19(b)(3)(A) of the Act 11 and 

Rule 19b–4(f)(6) thereunder.12

The PCX has requested that the 

Commission waive the 30-day operative 

delay. The Commission believes that 

waiving the 30-day operative delay is 

consistent with the protection of 

investors and the public interest. The 

Commission believes that waiver of the 

30-day operative delay would enable the 

Exchange to implement the proposal as 

quickly as possible. In addition, the 

Commission notes that the proposal to 

amend the PCX obvious error rule is 

substantially identical to ISE Rule 720. 

Thus, the Commission does not believe 

that the proposed rule change raises any 

new regulatory issues.13 For these 

reasons, the Commission designates the 

proposal to be effective and operative 

upon filing with the Commission.14

At any time within 60 days of the 

filing of this proposed rule change, the 

Commission may summarily abrogate 

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–PCX–2004–87 on the 

subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Jonathan G. Katz, Secretary, 

Securities and Exchange Commission, 

450 Fifth Street, NW., Washington, DC 

20549–0609. 

All submissions should refer to File 

Number SR–PCX–2004–87. 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 inspection and copying in 

the Commission’s Public Reference 

Section, 450 Fifth Street, NW., 

Washington, DC 20549. Copies of such 

filing also will be available for 

inspection and copying at the principal 

office of PCX. 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–PCX–

2004–87 and should be submitted on or 

before November 12, 2004.

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.15

Jill M. Peterson, 

Assistant Secretary.

[FR Doc. E4–2799 Filed 10–21–04; 8:45 am] 

BILLING CODE 8010–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3620] 

State of Florida (Amendment #6) 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective October 

8, 2004, the above numbered declaration 

is hereby amended to establish the 

incident period for this disaster as 

beginning September 3, 2004, and 

continuing through October 8, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for physical damage is 

December 11, 2004 and for economic 

injury the deadline is June 6, 2005.

Federal Register / Vol. 69, No. 204 / Friday, October 22, 2004 / Notices 62111

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: October 14, 2004. 

Cheri L. Cannon, 

Acting Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–23640 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3639] 

State of Minnesota (Amendment #1) 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective 

September 27, 2004, the above 

numbered declaration is hereby 

amended to establish the incident 

period for this disaster as beginning 

September 14, 2004, and continuing 

through September 27, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for physical damage is 

December 6, 2004 and for economic 

injury the deadline is July 7, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: October 15, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–23638 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3636] 

State of New Jersey (Amendment #1) 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective October 

1, 2004, the above numbered declaration 

is hereby amended to establish the 

incident period for this disaster as 

beginning September 18, 2004, and 

continuing through October 1, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for physical damage is 

November 30, 2004 and for economic 

injury the deadline is July 1, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: October 14, 2004. 

Cheri L. Cannon, 

Acting Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–23639 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3638] 

State of South Carolina (Amendment 

#1) 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective October 

11, 2004, the above numbered 

declaration is hereby amended to 

establish the incident period for this 

disaster as beginning September 6, 2004, 

and continuing through October 11, 

2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for physical damage is 

December 6, 2004 and for economic 

injury the deadline is July 7, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008).

Dated: October 14, 2004. 

Cheri L. Cannon, 

Acting Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–23631 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3640] 

State of Tennessee 

Cocke and Rhea Counties and the 

contiguous counties of Bledsoe, 

Cumberland, Greene, Hamblin, 

Hamilton, Jefferson, Meigs, Roane, and 

Sevier in the State of Tennessee; and 

Haywood, Madison, and Swain 

Counties, North Carolina constitute a 

disaster area as a result of heavy rains 

associated with Hurricane Ivan on 

September 16–20, 2004. Applications 

for loans for physical damage as a result 

of this disaster may be filed until the 

close of business on December 14, 2004 

and for economic injury until the close 

of business on July 15, 2005 at the 

address listed below or other locally 

announced locations: U.S. Small 

Business Administration, Disaster Area 

2 Office, One Baltimore Place, Suite 

300, Atlanta, GA 30308. 

The interest rates are:

Percent 

For Physical Damage: 

Homeowners With Credit Available Elsewhere ........................ 6.375 

Homeowners Without Credit 

Available Elsewhere ................ 3.187 

Businesses With Credit Available 

Elsewhere ................................ 5.800 

Businesses and Non-Profit Organizations Without Credit Available Elsewhere ........................ 2.900 

Percent 

Others (Including Non-Profit Organizations) With Credit Available Elsewhere ........................ 4.875 

For Economic Injury: 

Businesses and Small Agricultural Cooperatives Without 

Credit Available Elsewhere ..... 2.900 

The number assigned to this disaster 

for physical damage is 364008 for 

Tennessee and 364108 for North 

Carolina. The number assigned to this 

disaster for economic injury damage is 

9AF200 for Tennessee and 9AF300 for 

North Carolina.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008.)

Dated: October 15, 2004. 

Hector V. Barreto, 

Administrator.

[FR Doc. 04–23630 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3594] 

State of Wisconsin (Amendment #3) 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency, effective October 

13, 2004, the above numbered 

declaration is hereby amended to 

reopen the filing period for this disaster. 

The new deadline for filing applications 

for physical damage is November 8, 

2004. 

In addition, this amendment hereby 

establishes the incident period as 

beginning May 7, 2004 and continuing 

through July 3, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is 

March 21, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: October 14, 2004. 

Cheri L. Cannon, 

Acting Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–23637 Filed 10–21–04; 8:45 am] 

BILLING CODE 8025–01–P