Federal Register / Vol. 62, No. 161 / Wednesday, August 20, 1997 / Notices 44301

after the first year of trading. See Original FLEX

Equity Option Approval Order, supra note 11.

Because that report is due to the Commission

shortly and the changes adopted herein could

potentially change the nature of investor

participation, the Commission requests that the

Exchange update its report one year from the

implementation date of this rule change.

15See Securities Exchange Act Release No. 38839

(July 15, 1997), 62 FR 39040 (July 21, 1997) (order

approving File No. SR–CBOE–97–10).

16 15 U.S.C. 78f and 78s(b)(2).

17 15 U.S.C. 78s(b)(2).

18 17 CFR 200.30–3(a)(12).

Exchange determines in the interim that

the proposed rule change has resulted in

a pattern of retail investor participation

in FLEX Equity Options, it should notify

the Commission’s Division of Market

Regulation to determine if the minimum

closing transaction sizes should be

restored to the original levels.

The Commission finds good cause for

approving the proposed rule change

prior to the thirtieth day after the date

of publication of notice thereof in the

Federal Register. The Commission notes

that the proposed rule change is

identical to a proposal of the Chicago

Board Options Exchange (‘‘CBOE’’) that

was recently approved by the

Commission.15 Therefore, the

Commission believes that the proposal

raises no new regulatory issues. In

addition, the Commission notes that

public comments were solicited on the

CBOE’s proposal for the full statutory

period and no comments were received.

Finally, as the proposal conforms the

rules of the Exchange’s FLEX Equity

options market to that of another

exchange offering FLEX products, the

Commission believes that the proposed

rule will allow the PCX to compete

more effectively in the FLEX options

market. Based on the above, the

Commission believes that granting

accelerated approval of the proposed

rule change is consistent with Sections

6 and 19(b)(2) of the Act.16

It Is Therefore Ordered, pursuant to

Section 19(b)(2) of the Act,17 that the

proposed rule change (SR–PCX–97–25)

is hereby approved on an accelerated

basis.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.18

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 97–22059 Filed 8–19–97; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

Reporting and Recordkeeping

Requirements Under OMB Review

ACTION: Notice of reporting requirements

submitted for 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: Comments should be submitted

on or before September 18, 1997. 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. Submit

comments to the Agency Clearance

Officer and the OMB Reviewer.

FOR FURTHER INFORMATION CONTACT:

Agency Clearance Officer: Jacqueline

White, Small Business Administration,

409 3rd Street, S.W., 5th Floor,

Washington, D.C. 20416, Telephone:

(202) 205–6629.

OMB Reviewer: Victoria Wassmer,

Office of Information and Regulatory

Affairs, Office of Management and

Budget, New Executive Office Building,

Washington, D.C. 20503.

Title: Business Information Center

Customer Satisfaction Survey.

Form No: 1916.

Frequency: On Occasion.

Description of Respondents: Small

Business Clients.

Annual Responses: 22,500.

Annual Burden: 225

Dated: August 15, 1997.

Jacqueline White,

Chief, Administrative Information Branch.

[FR Doc. 97–22037 Filed 8–19–97; 8:45 am]

BILLING CODE 8025–01–P

SOCIAL SECURITY ADMINISTRATION

Privacy Act of 1974, as Amended;

Computer Matching Programs (SSA/

States Wage, Unemployment

Compensation (UC) Files—SSA Match

Numbers 1140, 1142)

AGENCY: Social Security Administration

(SSA).

ACTION: Notice of Computer Matching

Programs.

SUMMARY: In accordance with the

provisions of the Privacy Act, this

notice announces a computer matching

program that SSA plans to conduct with

the States.

DATES: SSA will file a report of the

subject matching program with the

Committee on Governmental Affairs of

the Senate, the Committee on

Government Reform and Oversight of

the House of Representatives and the

Office of Information and Regulatory

Affairs, Office of Management and

Budget (OMB). The matching program

will be effective as indicated below.

ADDRESSES: Interested parties may

comment on this notice by either telefax

to (410) 966–2935, or writing to the

Associate Commissioner for Program

Support, 4400 West High Rise Building,

6401 Security Boulevard, Baltimore, MD

21235. All comments received will be

available for public inspection at this

address.

FOR FURTHER INFORMATION CONTACT: The

Associate Commissioner for Program

Support as shown above.

SUPPLEMENTARY INFORMATION:

A. General

The Computer Matching and Privacy

Protection Act of 1988 (Pub. L. 100–

503), amended the Privacy Act (5 U.S.C.

552a) by establishing conditions under

which computer matching involving the

Federal Government could be performed

and adding certain protections for

individuals applying for and receiving

Federal benefits. Section 7201 of the

Omnibus Budget Reconciliation Act of

1990 (Pub. L. 101–508) further amended

the Privacy Act regarding protections for

such individuals. The Privacy Act, as

amended, regulates the use of computer

matching by Federal agencies when

records in a system of records are

matched with other Federal, State, or

local government records. Among other

things, it requires Federal agencies

involved in computer matching

programs to:

(1) Negotiate written agreements with

the other agency or agencies

participating in the matching programs;

(2) Obtain Data Integrity Board

approval of the match agreements;

(3) Furnish detailed reports about

matching programs to Congress and

OMB;

(4) Notify applicants and beneficiaries

that their records are subject to

matching; and

(5) Verify match findings before

reducing, suspending, terminating, or

denying an individual’s benefits or

payments.