34244 Federal Register / Vol. 65, No. 103 / Friday, May 26, 2000 / Notices

11 17 CFR 200.30–3(a)(12).

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

217 CFR 240.19b–4.

3The current proposal replaces File No. SR–Phlx–

00–36, which the Phlx has withdrawn. See Letter

from John Kenney, Jr., Counsel, Phlx, to Nancy

Sanow, Assistant Director, Division of Market

Regulation, Commission, dated May 5, 2000. In file

No. SR–Phlx–00–36, the Phlx proposed to establish

a monthly transaction fee of $0.20 per $1000 of

value traded for equity specialists’ trades transacted

through the Philadelphia Stock Exchange

Automated Communication and Execution

(‘‘PACE’’) System. According to the Phlx, the

Exchange inadvertently filed File No. SR–Phlx–00–

36 with the Commission. Telephone conversation

between John Kenney, Jr., Counsel, Phlx, and

Michael Gaw, Attorney, Division of Market

Regulation, Commission, on May 16, 2000 (‘‘May 16

Conversation’’)

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

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

6The Phlx represents that the proposed fees

would be charged exclusively to members and not

to public customers. See May 16 Conversion, supra

note 3. The Commission notes that this proposed

rule change is, therefore, properly filed under

Section 19(b)(3)(A)(ii) of the Act. 15 U.S.C.

78s(b)(3)(A)(ii).

7 15 U.S.C. 78s(b)(3)(A)(ii).

8 17 CFR 240.19b–4(f)(2).

(ii) as to which the NASD consents, the

Commission will:

A. By order approve the proposed rule

change, or

B. Institute proceedings to determine

whether the proposed rule chane 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 is consistent with the Act.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, N.W.,

Washington, D.C. 20549–0609. 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 at

the Commission’s Public Reference

Room. Copies of such filing will also be

available for inspection and copying at

the principal office of the NASD. All

submissions should refer to File No.

SR–NASD–00–08 and should be

submitted by June 16, 2000.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority. 11

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–13260 Filed 5–25–00; 8:45 am]

BILLING CODE 8010–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. 34–42802; File No. SR–Phlx–

00–42]

Self-Regulatory Organizations; Notice

of Filing and Immediate Effectiveness

of Proposed Rule Change by the

Philadelphia Stock Exchange, Inc. To

Adopt a New Transaction Fee of $0.20

Per Trade for Specialists Trading on

the Philadelphia Stock Exchange

Automated Communication System

May 19, 2000.

Pursuant to Section 19(b)(1) of the

Securities Exchange Act of 1934

(‘‘Act’’) 1 and Rule 19b 4 thereunder,2

notice hereby is given that on May 8,

2000, the Philadelphia Stock Exchange,

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.3

The Commission is publishing this

notice to solicit comments on the

proposed rule change from interested

persons.

I. Self-Regulatory Organization’s

Statement of the Terms of Substance of

the Proposed Rule Change

The Phlx proposes to amend its

schedule of dues, fees, and charges to

initiate a transaction fee of $0.20 per

trade for equity specialists using the

PACE System. The proposed fee would

be effective on June 1, 2000. The

following is the text of the proposed

addition to the Phlx fee schedule:

‘‘EQUITY FLOOR SPECIALIST

TRANSACTION FEE $.20 per trade

for each trade conducted on PACE’’

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

Phlx included statements concerning

the purpose of and basis for the

proposed rule change and discussed any

comments it received regarding the

proposed rule change. The text of these

statements may be examined at the

places specified in Item IV below. the

Phlx 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 proposed rule change would

amend the Exchange’s fee schedule to

include a transaction fee of $0.20 per

trade for those specialists trading

through the PACE system on the equity

floor of the Exchange. PACE is the

Exchange’s automated order entry,

routing, and execution system. The

purpose of the fee is to generate

revenues for the Exchange that would

strengthen its overall financial and

competitive posture. For example, the

Exchange may continue to incur costs

respecting PACE system development,

such as decimalization efforts and other

planned improvements. Of course, the

Phlx is seeking to raise revenues for

overall Exchange use. The Exchange

believes that the fee is both reasonable

and equitable because Phlx specialists

are not currently charged any Phlx fee

respecting PACE trades.

2. Basis

The Exchange believes that the

proposed rule change is consistent with

Section 6(b) of the Act 4 in general and

Section 6(b)(4) of the Act 5 in particular

in that it is intended to provide for the

equitable allocation of reasonable dues,

fees, and other charges among its

members and other persons using its

facilities.6

B. Self-Regulatory Organization’s

Statement of Burden on Competition

The Phlx does not believe that the

proposed rule change would impose any

inappropriate burden on competition.

C. Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received from

Members, Participants, or Others

No written comments were either

solicited or received.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

The foregoing rule change establishes

or changes a due, fee, or other charge

imposed by the Exchange and, therefore,

has become effective pursuant to

Section 19(B)(3)(A)(ii) of the Act 7 and

Rule 19b–4(f)(2) 8 thereunder. The

Exchange intends to implement the fee

effective June 1, 2000. At any time

within 60 days of the filing of such

proposed rule change, the Commission

may summarily abrogate such rule

change if it appears to the Commission

that such action is necessary or

Federal Register / Vol. 65, No. 103 / Friday, May 26, 2000 / Notices 34245

9 17 CFR 200.30–3(a)(12).

appropriate in the public interest, for

the protection of investors, or otherwise

in furtherance of the purpose 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.

Persons making written submissions

should file six copies thereof with the

Secretary, Securities and Exchange

Commission, 450 Fifth Street, NW.,

Washington, DC 20549–0609. 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 at

the Commission’s Public Reference

Room. Copies of such filing will also be

available for inspection and copying at

the principal office of the Exchange. All

submissions should refer to File No.

SR–Phlx–00–42 and should be

submitted by June 16, 2000.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.9

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 00–13258 Filed 5–25–00; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

Reporting and Recordkeeping

Requirements Under OMB Review

AGENCY: Small Business Administration.

ACTION: Notice of Reporting

Requirements Submitted for OMB

Review.

SUMMARY: Under the provisions of the

Paperwork Reduction Act (44 U.S.C.

Chapter 35), agencies are required to

submit proposed reporting and

recordkeeping requirements to OMB for

review and approval, and to publish a

notice in the Federal Register notifying

the public that the agency has made

such a submission.

DATES: Submit comments on or before

June 26, 2000. If you intend to comment

but cannot prepare comments promptly,

please advise the OMB Reviewer and

the Agency Clearance Officer before the

deadline.

COPIES: Request for clearance (OMB 83–

1), supporting statement, and other

documents submitted to OMB for

review may be obtained from the

Agency Clearance Officer.

ADDRESSES: Address all comments

concerning this notice to: Agency

Clearance Officer, Jacqueline White,

Small Business Administration, 409 3rd

Street, S.W., 5th Floor, Washington,

D.C. 20416; and OMB Reviewer, Office

of Information and Regulatory Affairs,

Office of Management and Budget, New

Executive Office Building, Washington,

D.C. 20503.

FOR FURTHER INFORMATION CONTACT:

Jacqueline White, Agency Clearance

Officer, (202) 205-7044.

SUPPLEMENTARY INFORMATION:

Title: Surety Bond Guarantee

Assistance.

No’s: SBA Forms 990, 991, 994B,

994C, 994F and 994H.

Frequency: On Occasion.

Description of Respondents: Small

Business Contractors applying for the

Surety Bond Guarantee Program.

Annual Responses: 195,930.

Annual Burden: 53,375.

Jacqueline White,

Chief, Administrative Information Branch.

[FR Doc. 00–13341 Filed 5–25–00; 8:45 am]

BILLING CODE 8025–01–M

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3254]

State of Missouri

As a result of the President’s major

disaster declaration on May 12, 2000, I

find that the following Counties in the

State of Missouri constitute a disaster

area due to damages caused by severe

thunderstorms and flash flooding that

occurred on May 6 and 7, 2000:

Crawford, Franklin, Gasconade,

Jefferson, St. Charles, Ste. Genevieve, St.

Francois, St. Louis County, Warren, and

Washington. Applications for loans for

physical damage as a result of this

disaster may be filed until the close of

business on July 11, 2000, and for loans

for economic injury until the close of

business on February 12, 2001 at the

address listed below or other locally

announced locations: U.S. Small

Business Administration, Disaster Area

3 Office, 4400 Amon Carter Blvd., Suite

102, Fort Worth, TX 76155.

In addition, applications for economic

injury loans from small businesses

located in the following contiguous

counties may be filed until the specified

date at the above location: Callaway,

Dent, Iron, Lincoln, Madison, Maries,

Montgomery, Osage, Perry, and Phelps

Counties, and the City of St. Louis in the

State of Missouri, and Calhoun, Jersey,

Madison, Monroe, Randolph, and St.

Clair Counties in the State of Illinois.

The interest rates are:

For Physical Damage

Homeowners With Credit Available

Elsewhere: 7.375%

Homeowners Without Credit Available

Elsewhere: 3.687%

Businesses With Credit Available

Elsewhere: 8.000%

Businesses and Non-Profit

Organizations Without Credit

Available Elsewhere: 4.000%

Others (Including Non-Profit

Organizations) With Credit Available

Elsewhere: 6.750%

For Economic Injury

Businesses and Small Agricultural

Cooperatives Without Credit

Available Elsewhere: 4.000%

The number assigned to this disaster

for physical damage is 325406. For

economic injury the numbers are

9H3600 for Missouri and 9H3700 for

Illinois.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: May 18, 2000.

James E. Rivera,

Acting Associate Administrator for Disaster

Assistance.

[FR Doc. 00–13231 Filed 5–25–00; 8:45 am]

BILLING CODE 8025–01–U

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3255]

State of New Mexico

As a result of the President’s major

disaster declaration on May 13, 2000,

and an amendment thereto on May 16,

I find that the following Counties in the

State of New Mexico constitute a

disaster area due to damages caused by

a severe forest fire beginning on May 5,

2000 and continuing: Bernalillo,

Chaves, Cibola, DeBaca, Dona Ana,

Eddy, Guadalupe, Lincoln, Los Alamos,

McKinley, Mora, Otero, Rio Arriba, San

Juan, San Miguel, Sandoval, Santa Fe,

Sierra, Socorro, Taos, and Torrance.

Applications for loans for physical

damage as a result of this disaster may

be filed until the close of business on

July 12, 2000, and for loans for

economic injury until the close of

business on February 13, 2001 at the

address listed below or other locally

announced locations: U.S. Small