58430 Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices 

159See letter from Brian Sopinsky, General 

Counsel, Susquehanna International Group, LLP 

(‘‘SIG’’), to Vanessa Countryman, Secretary, 

Commission, dated February 7, 2023, and letters 

from Gerald D. O’Connell, SIG, to Vanessa 

Countryman, Secretary, Commission, dated March 

21, 2023, May 24, 2023 and July 24, 2023. 

160 15 U.S.C. 78s(b)(3)(A)(ii). 

161 17 CFR 240.19b–4(f)(2). 162 17 CFR 200.30–3(a)(12). 

changes, such as bifurcating its 10Gb 

ULL network, because it would be 

unable to monetize or recoup costs 

related to that change and compete with 

larger, non-legacy exchanges. 

* * * * * 

In conclusion, as discussed 

thoroughly above, the Exchange 

regrettably believes that the application 

of the Revised Review Process and Staff 

Guidance has adversely affected intermarket competition among legacy and 

non-legacy exchanges by impeding the 

ability of non-legacy exchanges to adopt 

or increase fees for their market data 

and access services (including 

connectivity and port products and 

services) that are on parity or 

commensurate with fee levels 

previously established by legacy 

exchanges. Since the adoption of the 

Revised Review Process and Staff 

Guidance, and even more so recently, it 

has become extraordinarily difficult to 

adopt or increase fees to generate 

revenue necessary to invest in systems, 

provide innovative trading products and 

solutions, and improve competitive 

standing to the benefit of non-legacy 

exchanges’ market participants. 

Although the Staff Guidance served an 

important policy goal of improving 

disclosures and requiring exchanges to 

justify that their market data and access 

fee proposals are fair and reasonable, it 

has also negatively impacted non-legacy 

exchanges in particular in their efforts 

to adopt or increase fees that would 

enable them to more fairly compete with 

legacy exchanges, despite providing 

enhanced disclosures and rationale 

under both competitive and cost basis 

approaches provided for by the Revised 

Review Process and Staff Guidance to 

support their proposed fee changes. 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange received one comment 

letter on the Initial Proposal, one 

comment letter on the Second Proposal, 

one comment letter on the Third 

Proposal, and one comment letter on the 

Fourth Proposal, all from the same 

commenter.159 In their letters, the sole 

commenter seeks to incorporate 

comments submitted on previous 

Exchange proposals to which the 

Exchange has previously responded. To 

the extent the sole commenter has 

attempted to raise new issues in its 

letters, the Exchange believes those 

issues are not germane to this proposal 

in particular, but rather raise larger 

issues with the current environment 

surrounding exchange non-transaction 

fee proposals that should be addressed 

by the Commission through rule 

making, or Congress, more holistically 

and not through an individual exchange 

fee filings. Among other things, the 

commenter is requesting additional data 

and information that is both opaque and 

a moving target and would constitute a 

level of disclosure materially over and 

above that provided by any competitor 

exchanges. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing rule change has become 

effective pursuant to section 

19(b)(3)(A)(ii) of the Act,160 and Rule 

19b–4(f)(2) 161 thereunder. 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 (https://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include file number SR– 

PEARL–2023–35 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–SR–PEARL–2023–35. 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 website (https://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 website 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 the filing also 

will be available for inspection and 

copying at the principal office of the 

Exchange. Do not include personal 

identifiable information in submissions; 

you should submit only information 

that you wish to make available 

publicly. We may redact in part or 

withhold entirely from publication 

submitted material that is obscene or 

subject to copyright protection. All 

submissions should refer to file number 

SR–PEARL–2023–35 and should be 

submitted on or before September 15, 

2023. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.162

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–18302 Filed 8–24–23; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 18086 and # 18087; 

NEW JERSEY Disaster Number NJ–00075] 

Administrative Disaster Declaration of 

a Rural Area for the State of New 

Jersey 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Administrative disaster declaration of a 

rural area for the State of New Jersey 

dated 08/18/2023. 

Incident: Severe Storm and Flooding. 

Incident Period: 07/14/2023 through 

07/15/2023. 

DATES: Issued on 08/18/2023. 

Physical Loan Application Deadline 

Date: 10/17/2023. 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 88, No. 164 / Friday, August 25, 2023 / Notices 58431 

Economic Injury (EIDL) Loan 

Application Deadline Date: 05/20/2024. 

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: A. 

Escobar, Office of Disaster Recovery & 

Resilience, U.S. Small Business 

Administration, 409 3rd Street SW, 

Suite 6050, Washington, DC 20416, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s disaster declaration of a 

rural area, applications for disaster 

loans may be filed 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: Warren. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Homeowners with Credit Available Elsewhere ...................... 5.000 

Homeowners without Credit 

Available Elsewhere .............. 2.500 

Business with Credit Available 

Elsewhere .............................. 8.000 

Business without Credit Available Elsewhere ...................... 4.000 

Non-Profit Organizations with 

Credit Available Elsewhere ... 2.375 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.375 

For Economic Injury: 

Businesses & Small Agricultural 

Cooperatives without Credit 

Available Elsewhere .............. 4.000 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.375 

The number assigned to this disaster 

for physical damage is 18086 6 and for 

economic injury is 18087 0. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Isabella Guzman, 

Administrator. 

[FR Doc. 2023–18315 Filed 8–24–23; 8:45 am] 

BILLING CODE 8026–09–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #18088 and #18089; 

Tennessee Disaster Number TN–00148] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of Tennessee 

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 Tennessee (FEMA–4729– 

DR), dated 08/17/2023. 

Incident: Severe Storms and StraightLine Winds. 

Incident Period: 06/25/2023 through 

06/26/2023. 

DATES: Issued on 08/17/2023. 

Physical Loan Application Deadline 

Date: 10/16/2023. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 05/17/2024. 

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: A. 

Escobar, Office of Disaster Recovery & 

Resilience, U.S. Small Business 

Administration, 409 3rd Street SW, 

Suite 6050, Washington, DC 20416, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

President’s major disaster declaration on 

08/17/2023, Private Non-Profit 

organizations that provide essential 

services of a 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: 

Fayette, Shelby, Tipton. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations with 

Credit Available Elsewhere ... 2.375 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.375 

For Economic Injury: 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.375 

The number assigned to this disaster 

for physical damage is 18088 B and for 

economic injury is 18089 0. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Francisco Sa ́nchez, Jr., 

Associate Administrator, Office of Disaster 

Recovery & Resilience. 

[FR Doc. 2023–18316 Filed 8–24–23; 8:45 am] 

BILLING CODE 8026–09–P 

SOCIAL SECURITY ADMINISTRATION 

[Docket No. SSA–2022–0066] 

Privacy Act of 1974; Matching Program 

AGENCY: Social Security Administration 

(SSA). 

ACTION: Notice of a new matching 

program. 

SUMMARY: In accordance with the 

provisions of the Privacy Act, as 

amended, this notice announces a new 

matching program with the Bureau of 

the Fiscal Service, Department of the 

Treasury (Fiscal Service). Under this 

matching program, Fiscal Service will 

disclose ownership of Savings 

Securities data to SSA. This disclosure 

will provide SSA with information 

necessary to verify an individual’s selfcertification of his or her financial status 

to determine eligibility for low-income 

subsidy assistance (Extra Help) in the 

Medicare Part D prescription drug 

benefit program established under the 

Medicare Prescription Drug, 

Improvement, and Modernization Act of 

2003 (MMA). 

DATES: The deadline to submit 

comments on the proposed matching 

program is September 25, 2023. 

The matching program will be 

applicable on October 2, 2023, or once 

a minimum of 30 days after publication 

of this notice has elapsed, whichever is 

later. The matching program will be in 

effect for a period of 18 months. 

ADDRESSES: You may submit comments 

by any one of three methods—internet, 

fax, or mail. Do not submit the same 

comments multiple times or by more 

than one method. Regardless of which 

method you choose, please state that 

your comments refer to Docket No. 

SSA–2022–0066 so that we may 

associate your comments with the 

correct docket. 

Caution: You should be careful to 

include in your comments only 

information that you wish to make 

publicly available. We strongly urge you 

not to include in your comments any 

personal information, such as Social 

Security numbers or medical 

information. 

1. Internet: We strongly recommend 

that you submit your comments via the 

internet. Please visit the Federal 


ddrumheller on DSK120RN23PROD with NOTICES1