83594 Federal Register / Vol. 88, No. 229 / Thursday, November 30, 2023 / Notices 

54See id. at 68692. 

55See 15 U.S.C. 78f(b)(4), (5), and (8). 

56 15 U.S.C. 78s(b)(2). Section 19(b)(2) of the Act 

grants the Commission flexibility to determine what 

type of proceeding—either oral or notice and 

opportunity for written comments—is appropriate 

for consideration of a particular proposal by an 

SRO. See Securities Acts Amendments of 1975, 

Report of the Senate Committee on Banking, 

Housing and Urban Affairs to Accompany S. 249, 

S. Rep. No. 75, 94th Cong., 1st Sess. 30 (1975). 

57 15 U.S.C. 78s(b)(3)(C). 

58 17 CFR 200.30–3(a)(57) and (58). 

the Exchange’s regulatory level of effort 

that is expected to be attributable to the 

regulation of orders that execute on the 

Exchange; (c) the anticipated percentage 

of ORF revenue that is expected to be 

derived from away-market transactions 

compared to the anticipated percentage 

of ORF revenue that is expected to be 

derived from executions on the 

Exchange; and (d) more detail on the 

regulatory activities the exchange 

expects to perform for trades that do not 

occur on the Exchange. 

4. Information on the Exchange’s 

Regulatory Program Concerning 

Clearing Brokers. The Exchange states 

that ORF is collected on ‘‘customer 

range’’ options transactions cleared or 

ultimately cleared by an Exchange 

member regardless of the exchange on 

which the transaction occurs.54 The 

Exchange also will collect ORF from a 

non-Member clearing broker where a 

member was the executing firm and a 

non-Member was the ultimate clearing 

firm. Do commenters believe that the 

Exchange has provided sufficiently 

detailed quantitative and qualitative 

evidence in support of this aspect of its 

proposal? Specifically, examples of 

information that would be helpful to 

provide context for the collection of 

ORF from member and non-member 

clearing brokers and determine whether 

a sufficient nexus exists between the 

ORF and the Exchange’s regulation of 

clearing activity, include: (a) the 

percentage of the Exchange’s regulatory 

expenses and level of regulatory activity 

that is expected to pertain to clearance 

and settlement activity and the 

percentage this is expected to account 

for with respect to the Exchange’s 

overall regulatory costs and regulatory 

activity, and if that differs depending on 

whether the ultimate clearing firm is an 

Exchange member or not and whether 

the contract executes on the Exchange 

or not; (b) the number of ‘‘ultimate 

clearing firms’’ that are Exchange 

members compared to the number of 

‘‘ultimate clearing firms’’ that are nonMembers from which ORF is expected 

to be collected on behalf of the 

Exchange; and (c) the percentage of ORF 

revenues that is expected to be collected 

from Member clearing firms compared 

to the percentage of ORF revenue that is 

expected to be collected from nonMember clearing firms. 

The Commission is instituting 

proceedings to allow for additional 

consideration and comment on the 

issues raised herein, including as to 

whether the proposed fees are 

consistent with the Act, and 

specifically, with the requirements that 

exchange fees be reasonable, equitably 

allocated, and not unfairly 

discriminatory.55

V. Commission’s Solicitation of 

Comments 

The Commission requests written 

views, data, and arguments with respect 

to the concerns identified above as well 

as any other relevant concerns. Such 

comments should be submitted by 

December 21, 2023. Rebuttal comments 

should be submitted by January 4, 2024. 

Although there do not appear to be any 

issues relevant to approval or 

disapproval which would be facilitated 

by an oral presentation of views, data, 

and arguments, the Commission will 

consider, pursuant to Rule 19b–4, any 

request for an opportunity to make an 

oral presentation.56

The Commission asks that 

commenters address the sufficiency and 

merit of the Exchange’s statements in 

support of the proposal, in addition to 

any other comments they may wish to 

submit about the proposed rule change. 

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– 

MEMX–2023–25 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–MEMX–2023–25. 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–MEMX–2023–25 and should be 

submitted on or before December 21, 

2023. Rebuttal comments should be 

submitted by January 4, 2024. 

VI. Conclusion 

It is therefore ordered, pursuant to 

section 19(b)(3)(C) of the Act,57 that file 

number SR–MEMX–2023–25, be and 

hereby is, temporarily suspended. In 

addition, the Commission is instituting 

proceedings to determine whether the 

proposed rule change should be 

approved or disapproved. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.58

Christina Z. Milnor, 

Assistant Secretary. 

[FR Doc. 2023–26263 Filed 11–29–23; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20114 and #20115; 

California Disaster Number CA–20002] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of California 

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 California (FEMA–4750– 

DR), dated 11/21/2023. 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 88, No. 229 / Thursday, November 30, 2023 / Notices 83595 

Incident: Tropical Storm Hilary. 

Incident Period: 08/19/2023 through 

08/21/2023. 

DATES: Issued on 11/21/2023. 

Physical Loan Application Deadline 

Date: 01/22/2024. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 08/20/2024. 

ADDRESSES: Visit the MySBA Loan 

Portal at https://lending.sba.gov to 

apply for a disaster assistance loan. 

FOR FURTHER INFORMATION CONTACT: 

Vanessa Morgan, 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 

11/21/2023, Private Non-Profit 

organizations that provide essential 

services of a governmental nature may 

file disaster loan applications online 

using the MySBA Loan Portal https://

lending.sba.gov or other locally 

announced locations. Please contact the 

SBA disaster assistance customer 

service center by email at 

disastercustomerservice@sba.gov or by 

phone at 1–800–659–2955 for further 

assistance. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: 

Imperial, Inyo, Kern, Riverside, 

Siskiyou. 

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 20114B and for 

economic injury is 201150. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Francisco Sa ́nchez, Jr., 

Associate Administrator, Office of Disaster 

Recovery & Resilience. 

[FR Doc. 2023–26293 Filed 11–29–23; 8:45 am] 

BILLING CODE 8026–09–P 

DEPARTMENT OF STATE 

[Delegation of Authority No. 547] 

Delegation of Authority Under the 

Creating Helpful Incentives To Produce 

Semiconductors (CHIPS) Act of 2022 

By virtue of the authority vested in 

the Secretary of State by the laws of the 

United States, including section 1 of the 

State Department Basic Authorities Act 

(22 U.S.C. 2651a) and section 102(c) of 

the CHIPS Act of 2022 (Div. A, Pub. L. 

117–167) (CHIPS Act), I hereby delegate 

the following functions to the extent 

authorized by law: 

• To the Director and the Deputy 

Director of the Office of U.S. Foreign 

Assistance, the function conferred upon 

the Secretary of State by section 

102(c)(1) of the CHIPS Act to approve 

the transfer of amounts in the Creating 

Helpful Incentives to Produce 

Semiconductors (CHIPS) for America 

International Technology Security and 

Innovation Fund (ITSI Fund) to foreign 

assistance accounts within the 

Department of State and the United 

States Agency for International 

Development and to accounts within the 

Export-Import Bank and the United 

States International Development 

Finance Corporation, as appropriate, to 

be used for such purposes and under the 

terms and conditions of the account to 

which transferred. 

• To the Under Secretary for 

Management, the function conferred 

upon the Secretary of State by section 

102(c)(1) of the CHIPS Act to approve 

the transfer of amounts in the CHIPS 

ITSI Fund to diplomatic engagement 

accounts within the Department of State 

to be used for such purposes and under 

the terms and conditions of the account 

to which transferred. 

The Secretary, the Deputy Secretary, 

and the Deputy Secretary for 

Management and Resources may 

exercise any function or authority 

delegated herein. Any reference in this 

delegation of authority to a statute shall 

be deemed to be a reference to such 

statute as amended from time to time 

and shall be deemed to apply to any 

provision of law that is the same or 

substantially the same as such statute. 

This delegation of authority does not 

repeal or otherwise affect any other 

delegation of authority currently in 

effect. 

This delegation of authority will be 

published in the Federal Register. 

Dated: July 3, 2023. 

Antony J. Blinken, 

Secretary of State. 

Editorial Note: This document was 

received for publication by the Office of the 

Federal Register on November 27, 2023. 

[FR Doc. 2023–26362 Filed 11–29–23; 8:45 am] 

BILLING CODE 4710–10–P 

OFFICE OF THE UNITED STATES 

TRADE REPRESENTATIVE 

Reallocation of Unused Fiscal Year 

2024 WTO Tariff-Rate Quota Volume 

for Raw Cane Sugar 

AGENCY: Office of the United States 

Trade Representative. 

ACTION: Notice. 

SUMMARY: The Office of the United 

States Trade Representative (USTR) is 

providing notice of country-by-country 

reallocations of the fiscal year (FY) 2024 

in-quota quantity of the World Trade 

Organization (WTO) tariff-rate quota 

(TRQ) for imported raw cane sugar. 

DATES: This notice is applicable on 

November 30, 2023. 

FOR FURTHER INFORMATION CONTACT: Erin 

Nicholson, Office of Agricultural 

Affairs, at 202–395–9419 or 

erin.h.nicholson@ustr.eop.gov. 

SUPPLEMENTARY INFORMATION: Pursuant 

to Additional U.S. Note 5 to Chapter 17 

of the Harmonized Tariff Schedule of 

the United States (HTSUS), the United 

States maintains WTO TRQs for imports 

of raw cane and refined sugar. Section 

404(d)(3) of the Uruguay Round 

Agreements Act (19 U.S.C. 3601(d)(3)) 

authorizes the President to allocate the 

in-quota quantity of a TRQ for any 

agricultural product among supplying 

countries or customs areas. The 

President delegated this authority to the 

U.S. Trade Representative under 

Presidential Proclamation 6763 (60 FR 

1007). 

On July 5, 2023, U.S. Department of 

Agriculture established the FY2024 TRQ 

for imported raw cane sugar at the 

minimum quantity to which the United 

States is committed pursuant to the 

WTO Uruguay Round Agreements 

(1,117,195 metric tons raw value 

(MTRV) conversion factor: 1 metric ton 

= 1.10231125 short tons). On July 19, 

2023, USTR provided notice of countryby-country allocations of the FY2024 inquota quantity of the WTO TRQ for 

imported raw cane sugar. See 88 FR 

46363. Based on consultation with 

quota holders, the U.S. Trade 

Representative has determined to 

reallocate 223,740 MTRV of the original 

TRQ quantity from those countries that 


khammond on DSKJM1Z7X2PROD with NOTICES