67378 Federal Register / Vol. 69, No. 221 / Wednesday, November 17, 2004 / Notices 

Fund and Insurance Processing Services, in which 

members do not receive the protections of the NSCC 

guarantee. Some of NSCC’s nonguaranteed services 

entail settlement of funds through NSCC on a 

nonguaranteed basis (i.e., NSCC’s FundSERV

service). Other nonguaranteed services involve the 

communication of information only without 

settlement of transactions or funds through the 

facilities of NSCC (i.e., NSCC’s Profile service). The 

NSCC Equity Options Service is a nonguaranteed 

service limited to the matching and communication 

of information and does not involve settlement of 

securities transactions or funds through the 

facilities of NSCC. In its Matching Release, the 

Commission concluded that matching constitutes a 

clearing agency function, specifically the 

‘‘comparison of data respecting the terms of 

settlement of securities transactions,’’ within the 

meaning of Section 3(a)(23)(A) of the Exchange Act. 

Securities Exchange Act Release No. 39829 (April 

6, 1998), 63 FR 17943 [File No. S7–10–98]. 6 15 U.S.C. 78q–1. 7 15 U.S.C. 78q–1(b)(3)(F).

8 15 U.S.C. 78s(b)(2).

9 17 CFR 200.30–3(a)(12).

Deriv/SERV will charge its users fees 

in connection with the Deriv/SERV 

Equity Options Service and pursuant to 

the Service Agreement will make 

payments to NSCC for the services that 

NSCC is providing. NSCC will file 

proposed rule changes under Section 

19(b) of the Act for fees that NSCC 

charges to Deriv/SERV for the NSCC 

Equity Options Service and for any 

changes made by NSCC to the Equity 

Options Service. NSCC believes that the proposed rule 

change is consistent with the 

requirements of Section 17A of the Act 6

and the rules and regulations 

thereunder because the implementation 

of the proposal will provide for the 

prompt and accurate clearance and 

settlement of U.S. OTC equity option 

transactions processed through the 

NSCC Equity Options Service by 

facilitating the transmission of 

standardized information on a 

centralized communications platform. 

This will reduce processing errors, 

delays, and risks that are typically 

associated with manual processes.

(B) Self-Regulatory Organization’s 

Statement on Burden on Competition 

NSCC does not believe that the 

proposed rule change will impose a 

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 

NSCC has not solicited or received 

any written comments on this proposal. 

NSCC will notify the Commission of any 

written comments it receives. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Section 17A(b)(3)(F) of the Act 

requires that the rules of a clearing 

agency be designed to promote the 

prompt and accurate clearance and 

settlement of securities transactions.7

The Commission finds that NSCC’s 

proposed rule change is consistent with 

this obligation under the Act because 

the NSCC Equity Options Service 

should reduce manual processing errors, 

delays, and risks that are typically 

associated with U.S. OTC equity option 

transactions by facilitating the 

transmission of standardized 

information on a centralized 

communications platform for all U.S. 

OTC equity options processed through 

it.

NSCC has requested that the 

Commission find good cause for 

approving the proposed rule change 

prior to the thirtieth day after 

publication of the notice of filing. The 

Commission finds good cause for 

approving prior to the thirtieth day after 

publication because by so approving 

NSCC will be able to implement and 

firms to begin using the NSCC Equity 

Options Service before the approaching 

end of year freeze on systems changes. The Commission is approving the 

NSCC Equity Options Service on a 

temporary basis through May 31, 2005, 

so that NSCC will have time to evaluate 

the operations of the service and to 

report its findings to the Commission 

before the Commission decides on 

permanent approval.

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–NSCC–2004–04 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–NSCC–2004–04. 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 NSCC and on NSCC’s Web site 

at www.nscc.com/legal. 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–NSCC–2004–04 and should 

be submitted on or before December 8, 

2004. 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act, 8 that the 

proposed rule change (File No. SR–

NSCC–2004–04) be and hereby is 

approved on an accelerated basis 

through May 31, 2005.

For the Commission by the Division of 

Market Regulation, pursuant to delegated 

authority.9

Margaret H. McFarland, 

Deputy Secretary.

[FR Doc. E4–3195 Filed 11–16–04; 8:45 am] 

BILLING CODE 8010–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3615] 

State of Florida; Amendment #4 

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective 

November 3, 2004, the above numbered 

declaration is hereby amended to extend 

the deadline for filing applications for 

physical damages as a result of this 

disaster to December 31, 2004.

Federal Register / Vol. 69, No. 221 / Wednesday, November 17, 2004 / Notices 67379

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is May 

13, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: November 9, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–25463 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3620] 

State of Florida; Amendment #7

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective 

November 3, 2004, the above numbered 

declaration is hereby amended to extend 

the deadline for filing applications for 

physical damages as a result of this 

disaster to December 31, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is June 

6, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: November 9, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–25464 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3627] 

State of Florida; Amendment #2

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective 

November 3, 2004, the above numbered 

declaration is hereby amended to extend 

the deadline for filing applications for 

physical damages as a result of this 

disaster to December 31, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is June 

16, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: November 9, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–25465 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3635] 

State of Florida; Amendment #2

In accordance with a notice received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective 

November 3, 2004, the above numbered 

declaration is hereby amended to extend 

the deadline for filing applications for 

physical damages as a result of this 

disaster to December 31, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is June 

27, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: November 9, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–25466 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3607] 

Commonwealth of Pennsylvania; 

Amendment #2 

In accordance with notices received 

from the Department of Homeland 

Security—Federal Emergency 

Management Agency—effective October 

8 and November 8, 2004, the above 

numbered declaration is hereby 

amended to reestablish the incident 

period for this disaster as beginning on 

July 27, 2004, and continuing through 

August 25, 2004. The declaration is also 

amended to extend the deadline for 

filing applications for physical damages 

as a result of this disaster to December 

8, 2004. 

All other information remains the 

same, i.e., the deadline for filing 

applications for economic injury is May 

6, 2005.

(Catalog of Federal Domestic Assistance 

Program Nos. 59002 and 59008)

Dated: November 10, 2004. 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance.

[FR Doc. 04–25462 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

Small Business Investment 

Companies; Increase in Maximum 

Leverage Ceiling 

13 CFR 107.1150(a) sets forth the 

maximum amount of Leverage (as 

defined in 13 CFR 107.50) that a Small 

Business Investment Company may 

have outstanding at any time. The 

maximum Leverage amounts are 

adjusted annually based on the increase 

in the Consumer Price Index published 

by the Bureau of Labor Statistics. The 

cited regulation states that SBA will 

publish the indexed maximum Leverage 

amounts each year in a Notice in the 

Federal Register. 

Accordingly, effective the date of 

publication of this Notice, and until 

further notice, the maximum Leverage 

amounts under 13 CFR 107.1150(a) are 

as stated in the following table:

If your leverageable capital is: Then your maximum leverage is: 

(1) Not over $19,800,000 ....................................................................................... 300 percent of Leverageable Capital. 

(2) Over $19,800,000 but not over $39,700,000 ................................................... $59,400,000 + [2 × (Leverageable Capital ¥ $19,800,000)]. 

(3) Over $39,700,000 but not over $59,500,000 ................................................... $99,200,000 + (Leverageable Capital ¥ $39,700,000). 

(4) Over $59,500,000 ............................................................................................. $119,000,000. 

(Catalog of Federal Domestic Assistance 

Program No. 59.011, small business 

investment companies)

Dated: November 10, 2004. 

Harry Haskins, 

Acting Associate Administrator for 

Investment.

[FR Doc. 04–25509 Filed 11–16–04; 8:45 am] 

BILLING CODE 8025–01–P

SOCIAL SECURITY ADMINISTRATION

Agency Information Collection 

Activities: Comment Request 

The Social Security Administration 

(SSA) publishes a list of information