79990 Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 

24 15 U.S.C. 78s(b)(3)(A)(iii). 

25 17 CFR 240.19b–4(f)(6). In addition, Rule 19b– 

4(f)(6)(iii) requires a self-regulatory organization to 

give the Commission written notice of its intent to 

file the proposed rule change, along with a brief 

description and text of the proposed rule change, 

at least five business days prior to the date of the 

filing of the proposed rule change, or such shorter 

time as designated by the Commission. The 

Exchange requested waiver of the five-day prefiling 

requirement for this proposal for the reasons stated 

in its filing, which the Commission hereby grants. 

26 17 CFR 240.19b–4(f)(6). 

27 17 CFR 240.19b–4(f)(6)(iii). 

28 17 CFR 240.19b–4(f)(6)(iii). 

29For purposes only of waiving the 30-day 

operative delay, the Commission has considered the 

proposed rule change’s impact on efficiency, 

competition, and capital formation. See 15 U.S.C. 

78c(f). 

30 15 U.S.C. 78s(b)(2)(B). 

31 17 CFR 200.30–3(a)(12) and (59). 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

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)(iii) 24 of the Act and Rule 

19b–4(f)(6) thereunder 25 in that it 

effects a change that: (i) does not 

significantly affect the protection of 

investors or the public interest; (ii) does 

not impose any significant burden on 

competition; and (iii) by its terms, does 

not become operative for 30 days after 

the date of the filing, or such shorter 

time as the Commission may designate 

if consistent with the protection of 

investors and the public interest. 

A proposed rule change filed under 

Rule 19b–4(f)(6) 26 normally does not 

become operative prior to 30 days after 

the date of the filing. However, pursuant 

to Rule 19b–4(f)(6)(iii),27 the 

Commission may designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange has asked the 

Commission to waive the 30-day 

operative delay contained in Rule 19b– 

4(f)(6)(iii).28 The Exchange stated that 

waiver of the 30-day delay would 

permit the Exchange to promptly notify 

market participants of the data center 

migration schedule without any 

confusion as to whether IEX has 

provided sufficient advance notice of 

the migration, thereby allowing market 

participants sufficient time to test the 

new data center configuration and 

update any routing logic to account for 

the temporary changes to IEX’s inbound 

latency during the migration. In the 

filing, IEX confirmed that it issued a 

Trading Alert on September 16 with 

details on the migration from the 

Weehawken data center to the Secaucus 

data center at least 28 days prior to 

starting the migration, which is 

currently planned for October 14. IEX 

further represented that it provided 

Participants one round of testing before 

issuing the September 16 Trading Alert. 

The proposed modification of the 

duration of the notice by IEX to its 

members of the data center migration 

from 30 days to 28 days to account for 

an intervening weekend during which 

IEX allowed participants to connect to 

and test the new data center does not 

raise any novel issues and provides 

sufficient clarification of IEX’s 

previously-announced intentions 

regarding the timing of the migration, 

especially in light of the two prior 

Trading Alerts that IEX issued on 

August 29 and September 9, and 

therefore waiver of the 30-day operative 

delay is consistent with the protection 

of investors and the public interest. 

Accordingly, the Commission hereby 

waives the 30-day operative delay and 

designates the proposal operative upon 

filing.29

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 

under Section 19(b)(2)(B) 30 of the Act to 

determine whether the proposed rule 

change 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– 

IEX–2024–18 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–IEX–2024–18. 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–IEX–2024–18 and should be 

submitted on or before October 22, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.31

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–22415 Filed 9–30–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–101190; File No. SR– 

CboeBZX–2024–089] 

Self-Regulatory Organizations; Cboe 

BZX Exchange, Inc.; Notice of Filing 

and Immediate Effectiveness of a 

Proposed Rule Change To Amend 

Exchange Rule 14.11(e)(10) (Managed 

Trust Securities) and To List and Trade 

Shares of the Dynamic Short ShortTerm Volatility Futures ETF Under 

Amended Rule 14.11(e)(10) 

September 25, 2024. 

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

Securities Exchange Act of 1934 

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

notice is hereby given that on 

September 16, 2024, Cboe BZX 

Exchange, Inc. (‘‘Exchange’’) filed with 

the Securities and Exchange 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 79991 

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

4 17 CFR 240.19b–4(f)(6). 

5The term ‘‘Managed Trust Securities’’ as used in 

the Rules shall, unless the context otherwise 

requires, mean a security that is registered under 

the Securities Act of 1933, as amended, (a) is issued 

by a trust (‘‘Trust’’) that (1) is a commodity pool as 

defined in the Commodity Exchange Act and 

regulations thereunder, and that is managed by a 

commodity pool operator registered with the 

Commodity Futures Trading Commission, and (2) 

holds long and/or short positions in exchangetraded futures contracts and/or certain currency 

forward contracts selected by the Trust’s advisor 

consistent with the Trust’s investment objectives, 

which will only include exchange-traded futures 

contracts involving commodities, currencies, stock 

indices, fixed income indices, interest rates and 

sovereign, private and mortgage or asset backed 

debt instruments, and/or forward contracts on 

specified currencies, each as disclosed in the 

Trust’s prospectus as such may be amended from 

time to time; and (b) is issued and redeemed 

continuously in specified aggregate amounts at the 

next applicable net asset value. See Exchange Rule 

14.11(e)(10)(C)(i). 

6Another exchange rule similarly provides for a 

series of Managed Trust Securities to hold such 

instruments. See NYSE Arca Rule 8.700–E. 

Managed Trust Securities. For purposes of the 

proposed amendment to Exchange Rule 

14.11(e)(10)(C)(i), cash and cash equivalents means 

short-term instruments with maturities of less than 

three months, including: (i) U.S. Government 

securities, including bills, notes, and bonds 

differing as to maturity and rates of interest, which 

are either issued or guaranteed by the U.S. Treasury 

or by U.S. Government agencies or 

instrumentalities; (ii) certificates of deposit issued 

against funds deposited in a bank or savings and 

loan association; (iii) bankers acceptances, which 

are short-term credit instruments used to finance 

commercial transactions; (iv) repurchase 

agreements and reverse repurchase agreements; (v) 

bank time deposits, which are monies kept on 

deposit with banks or savings and loan associations 

for a stated period of time at a fixed rate of interest; 

(vi) commercial paper, which are short-term 

unsecured promissory notes; and (vii) money 

market funds. 

7The Commission approved BZX Rule 

14.11(e)(10) in Securities Exchange Act Release No. 

70250 (August 23, 2013), 78 FR 53510 (August 29, 

2013) (SR–BATS–2013–038). 

8See Securities Exchange Act Nos. 86714 (August 

20, 2019) 84 FR 44642 (August 26, 2019) (SR– 

NYSEArca–2019–55) (Notice of Filing of Proposed 

Rule Change To Amend NYSE Arca Rule 8.700–E 

and To List and Trade Shares of the Dynamic Short 

Short-Term Volatility Futures ETF) (the ‘‘Prior 

Proposal’’); 87223 (October 4, 2019) 84 FR 54707 

(October 10, 2019) (Order Approving a Proposed 

Rule Change To Amend NYSE Arca Rule 8.700–E 

and To List and Trade Shares of the Dynamic Short 

Short-Term Volatility Futures ETF) (the ‘‘Approval 

Order’’ and together with the Prior Proposal, the 

‘‘Prior Release’’). 

Commission (‘‘Commission’’) the 

proposed rule change as described in 

Items I and II below, which Items have 

been prepared by the Exchange. The 

Exchange filed the proposal as a ‘‘noncontroversial’’ proposed rule change 

pursuant to Section 19(b)(3)(A)(iii) of 

the Act 3 and Rule 19b–4(f)(6) 

thereunder.4 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 

Cboe BZX Exchange, Inc. (‘‘BZX’’ or 

the ‘‘Exchange’’) is filing with the 

Securities and Exchange Commission 

(‘‘Commission’’ or ‘‘SEC’’) a proposed 

rule change to (1) amend Exchange Rule 

14.11(e)(10) to add certain financial 

instruments that an issue of Managed 

Trust Securities may hold; and (2) list 

and trade shares of the Dynamic Short 

Short-Term Volatility Futures ETF (the 

‘‘Fund’’), a series of Dynamic Shares 

Trust (the ‘‘Trust’’), under Rule 

14.11(e)(10) (Managed Trust Securities), 

which is currently listed on NYSE Arca, 

Inc. (‘‘Arca’’). 

The text of the proposed rule change 

is also available on the Exchange’s 

website (http://markets.cboe.com/us/ 

equities/regulation/rule_filings/bzx/), at 

the Exchange’s Office of the Secretary, 

and at the Commission’s Public 

Reference Room. 

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 

Exchange included statements 

concerning the purpose of and basis for 

the proposed rule change and discussed 

any comments it received on the 

proposed rule change. The text of these 

statements may be examined at the 

places specified in Item IV below. The 

Exchange 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 

Exchange Rule 14.11(e)(10) permits 

the trading of Managed Trust Securities 

either by listing or pursuant to unlisted 

trading privileges (‘‘UTP’’).5 The 

Exchange proposes to amend Rule 

14.11(e)(10)(C)(i) to, among other things, 

permit the use of exchange-traded 

futures contracts involving commodity 

indices, currency indices, Cboe 

Volatility Index (VIX), or the EURO 

STOXX 50 Volatility Index (VSTOXX), 

permit the use of swaps on stock 

indices, fixed income indices, 

commodity indices, the VIX, VSTOXX, 

commodities, currencies, currency 

indices, or interest rates, and to permit 

the trust to hold cash and cash 

equivalents.6 The Exchange also 

proposes to list and trade Shares of the 

Dynamic Short Short-Term Volatility 

Futures ETF (the ‘‘Fund’’), under Rule 

14.11(e)(10), as proposed to be 

amended, which governs the listing and 

trading of Managed Trust Securities on 

the Exchange.7 The Exchanges notes 

that the listing and trading of the Shares 

has previously been approved by the 

Commission and are currently listed on 

NYSE Arca.8 This proposal to list and 

trade Shares of the Fund is 

substantively identical to the Prior 

Release and the issuer represents that all 

material representations contained 

within the Prior Release remain true. 

Further, the Fund is already trading on 

the Exchange pursuant to unlisted 

trading privileges, as provided in Rule 

14.11(j). 

Managed Trust Securities 

The Exchange proposes to modify 

Exchange Rule 14.11(e)(10(C)(i) to 

substantively conform to Arca Rule 

8.700(E)[sic](c)(1). Thus, the proposed 

changes to Rule 14.11(e)(10)(C)(i) would 

make the Exchange Rule substantively 

identical to NYSE Arca Rule 8.700– 

E(c)(1). 

Dynamic Short Short-Term Volatility 

Futures ETF 

The Exchange proposes to list and 

trade the Shares of the Fund under 

proposed amended Rule 14.11(e)(10). 

Dynamic Shares LLC will serve as the 

Trust’s sponsor (‘‘Sponsor’’) and will 

serve as its commodity pool operator. 

Wilmington Trust Company is the sole 

‘‘Trustee’’ of the Trust. The Nottingham 

Company will be the ‘‘Administrator’’ 

for the Fund. Nottingham Shareholder 

Services, LLC will serve as the ‘‘Transfer 

Agent’’ for the Fund for ‘‘authorized 

participants.’’ Capital Investment 

Group, Inc. will serve as the 

‘‘Distributor’’ for the Fund. 

The Sponsor is a commodity pool 

operator and is not registered or 

affiliated with a broker-dealer. In the 

event (a) the Sponsor becomes 

registered as a broker-dealer or newly 

affiliated with a broker-dealer, or (b) any 

new sponsor is a registered brokerdealer or becomes affiliated with a 

broker-dealer, it will implement and 

maintain a fire wall with respect to its 

relevant personnel or its broker-dealer 

affiliate regarding access to information 

concerning the composition and/or 

changes to the Disclosed Portfolio (as 

defined in Exchange Rule 

14.11(e)(10)(C)(ii)), and will be subject 

to procedures designed to prevent the 

use and dissemination of material nonVerDate Sep<11>2014 17:42 Sep 30, 2024 Jkt 265001 PO 00000 Frm 00107 Fmt 4703 Sfmt 4703 E:\FR\FM\01OCN1.SGM 01OCN1

khammond on DSKJM1Z7X2PROD with NOTICES
79992 Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 

9On April 25, 2024, the Trust filed with the 

Commission an amended registration statement on 

Form S–1 under the Securities Act of 1933 relating 

to the Trust (File No. 333–277681) (‘‘Registration 

Statement’’). The description of the operation of the 

Trust herein is based, in part, on the Prior Release 

and the Registration Statement. 

10The term ‘‘normal market conditions’’ is 

defined in Exchange Rule 14.11(i)(3)(D). 

11The ‘‘VIX Index’’ refers to the Cboe Volatility 

Index. 

12For purposes of this filing, cash equivalents are 

the following short-term instruments: (i) U.S. 

Government securities, including bills, notes and 

bonds differing as to maturity and rates of interest, 

which are either issued or guaranteed by the U.S. 

Treasury or by U.S. Government agencies or 

instrumentalities; (ii) certificates of deposit issued 

against funds deposited in a bank or savings and 

loan association; (iii) bankers’ acceptances, which 

are short-term credit instruments used to finance 

commercial transactions; (iv) repurchase 

agreements and reverse repurchase agreements; (v) 

bank time deposits, which are monies kept on 

deposit with banks or savings and loan associations 

for a stated period of time at a fixed rate of interest; 

(vi) commercial paper, which are short-term 

unsecured promissory notes; and (vii) money 

market funds. 

13According to the Registration Statement, the 

contractual obligations of a buyer or seller holding 

a futures contract to expiration may generally be 

satisfied by taking or making physical delivery of 

the underlying reference asset or settling in cash as 

designated in the contract specifications. 

Alternatively, futures contracts may be closed out 

prior to expiration by making an offsetting sale or 

purchase of an identical futures contract on the 

same or linked exchange before the designated date 

of delivery. Once this date is reached, the futures 

contract ‘‘expires.’’ As the futures contracts held by 

the Fund near expiration, they are generally closed 

out and replaced by contracts with a later 

expiration. This process is referred to as ‘‘rolling.’’ 

When the market for these contracts is such that the 

prices are higher in the more distant delivery 

months than in the nearer delivery months, the sale 

during the course of the ‘‘rolling process’’ of the 

more nearby contract would take place at a price 

that is lower than the price of the more distant 

contract. This pattern of higher future prices for 

longer expiration futures contracts is often referred 

to as ‘‘contango.’’ Alternatively, when the market 

for these contracts is such that the prices are higher 

in the nearer months than in the more distant 

months, the sale during the course of the ‘‘rolling 

process’’ of the more nearby contract would take 

place at a price that is higher than the price of the 

more distant contract. This pattern of higher future 

prices of shorter expiration futures contracts is 

referred to as ‘‘backwardation.’’ 

public information regarding such 

portfolio. 

According to the Registration 

Statement,9 the Fund will seek to 

provide investors with inverse exposure 

to the implied volatility of the broadbased, large-cap U.S. equity market. 

Such exposure will be for one full 

trading day. The Fund will seek to 

achieve its investment objective, under 

normal market conditions,10 by 

obtaining investment exposure to an 

actively managed portfolio of short 

positions in futures on the VIX Index 11

(‘‘VIX Futures’’) with monthly 

expirations. 

The Fund expects to primarily take 

short positions in VIX Futures by 

shorting the next two near term VIX 

Futures and rolling the nearest month 

VIX Futures to the next month on a 

daily basis. As such, the Fund expects 

to have a constant one-month rolling 

short position in first and second month 

VIX Futures. 

The Fund also may hold cash and 

cash equivalents, including U.S. 

Treasury securities.12

The Fund will seek to dynamically 

manage its notional exposure to VIX 

Futures. For instance, when the VIX 

Index is below its historical average, the 

Fund’s notional exposure will be lower 

than a traditional short VIX short term 

futures ETF, which may maintain a 

fixed notional exposure every day. 

When the VIX Index is going up, the 

Fund will gradually increase its 

notional exposure, up to a ceiling of 

¥0.5 times its net asset value (‘‘NAV’’). 

The Fund expects that its notional 

exposure will not exceed ¥0.5 times its 

NAV, but that its notional exposure may 

exceed ¥0.5 times its NAV during 

intraday trading before recalibration (as 

described further below). 

The Fund will be actively managed 

and is not benchmarked to the VIX 

Index. As such, according to the 

Registration Statement, the Fund can be 

expected to perform very differently 

from the inverse of the VIX Index. The 

Fund does not seek to track the 

performance of the VIX Index or the 

S&P 500® and can be expected to 

perform very differently from the VIX 

Index over all periods of time. 

According to the Registration 

Statement, the Fund will experience 

positive or negative performance based 

on changes in the implied level of future 

market volatility to the extent these 

changes are reflected in the price of VIX 

Futures. The Fund generally will 

experience positive performance, before 

accounting for fees and expenses, to the 

extent that the implied level of future 

volatility, as reflected by the value of 

the Fund’s short position in VIX 

Futures, decreases. Similarly, the Fund 

generally will experience negative 

performance, before accounting for fees 

and expenses, to the extent that the 

implied level of future volatility 

increases. 

According to the Registration 

Statement, at the close of each trading 

day, the Fund expects to recalibrate its 

notional exposure value upon the 

change of the VIX Index and contango 

on that day.13 The Fund expects its 

notional exposure to range from ¥0.1 to 

¥0.5 after each calibration. Movements 

of the VIX Futures during the day will 

affect whether the Fund’s portfolio 

needs to be repositioned. For example, 

if the levels of the VIX Futures have 

risen on a given day, net assets of the 

Fund should fall. As a result of the 

calibration, the Fund’s inverse exposure 

will generally increase to a level not 

beyond ¥0.5. Conversely, if the levels 

of the VIX Futures have fallen on a 

given day, net assets of the Fund should 

rise. As a result of the calibration, the 

Fund’s inverse exposure will generally 

decrease to as low as ¥0.1. 

In seeking to achieve the Fund’s 

investment objective, the Sponsor uses 

a proprietary algorithm, which learns 

from VIX Futures historical prices and 

contango trend, to optimize VIX Futures 

trading risks and returns. The algorithm 

starts with a relatively low notional 

exposure (¥0.1 to ¥0.15) and 

recalibrates its notional exposure upon 

the change of price and contango of VIX 

Futures. The Sponsor expects the 

algorithm to slightly increase the Fund’s 

notional exposure when the price of VIX 

Futures go up to a level not beyond 

¥0.5, and, when the price of VIX 

Futures goes down, the Sponsor expects 

the algorithm to decrease the Fund’s 

notional exposure to lower levels to 

prepare for potential upcoming spikes 

in the price of VIX Futures. In the event 

that the Fund’s notional exposure has 

already reached ¥0.5 and the price of 

VIX Futures increases, the Fund expects 

to maintain its notional exposure at 

¥0.5 at the close of each trading day. 

Conversely, if the price of VIX Futures 

decreases when the Fund’s notional 

exposure is below ¥0.1, the Fund 

expects to maintain its notional 

exposure at ¥0.1 when calibrating its 

notional exposure. 

According to the Registration 

Statement, the pursuit of the Fund’s 

daily investment objective means that 

the Fund’s return for a period longer 

than a full trading day will be the 

product of the series of daily returns, 

with daily repositioned exposure, for 

each trading day during the relevant 

period. As a consequence, the return for 

investors that invest for periods less 

than a full trading day or for a period 

different than a trading day will not be 

the product of the return of the Fund’s 

stated daily inverse investment 

objective. 

Purchases and Redemptions of Creation 

Units 

Except for the creation unit size, all 

representations pertaining to the 

purchases and redemptions of creation 

units are identical to those in the Prior 

Release. Specifically, the Fund will 

create and redeem Shares from time to 

time in one or more creation units. A 

creation unit is a block of 10,000 Shares. 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 79993 

14The Exchange notes that the Prior Release 

provided that the Indicative Optimized Portfolio 

Value (‘‘IOPV’’) would be calculated rather than the 

IIV. However, Arca Rule 8.700–E(c)(3) has since 

been updated to reflect that IIV is currently used for 

Managed Trust Securities listed and traded on Arca 

rather than the IOPV. The definition of IIV in Arca 

Rule 8.700–E(c)(3) is substantively identical to 

Exchange Rule 14.11(e)(10)(C)(iii). 

15The Exchange will obtain a representation from 

the Trust that the NAV and the NAV per Share will 

be calculated daily and that the NAV, the NAV per 

Share and the composition of the Disclosed 

Portfolio will be made available to all market 

participants at the same time. 

16 17 CFR 240.10A–3. 

17See Exchange Rule 1.5(ff). 

18See Exchange Rule 1.5(r). 

19See Exchange Rule 1.5(c). 

Net Asset Value 

Everything stated in the Prior Release 

pertaining to the NAV per Share of the 

Fund will remain true and in effect. 

Intraday Indicative Value (‘‘IIV’’) 14

Everything stated in the Prior Release 

pertaining to the IIV will remain true 

and in effect. 

Availability of Information 

The Trust’s website, 

www.dynamicsharesetf.com, which will 

be publicly accessible at no charge, will 

contain the following information: (a) 

the daily NAV of the Trust, the daily 

NAV per Share, the prior Business Day’s 

NAV per Share, the reported daily 

closing price and the reported daily 

trading volume; (b) the daily 

composition of the Disclosed Portfolio, 

as defined in Exchange Rule 

14.11(e)(10)(C)(ii); (c) the midpoint of 

the bid-ask price as of the time the NAV 

per Share is calculated (the ‘‘Bid-Ask 

Price’’); (d) the calculation of the 

premium or discount of such price 

against such NAV per Share; (e) data in 

chart form displaying the frequency 

distribution of discounts or premiums of 

the bid-ask price against the NAV per 

Share, within appropriate ranges for 

each of the four previous calendar 

quarters; and (f) the current prospectus 

of the Trust, included in the 

Registration Statement. 

On a daily basis, the Trust will 

disclose on its website for all of the 

assets held by the Fund the following 

information: name; ticker symbol (if 

applicable); CUSIP or other identifier (if 

applicable); description of the holding; 

with respect to derivatives, the identity 

of the security, commodity, index or 

other underlying asset; the quantity or 

aggregate amount of the holding as 

measured by par value, notional value 

or amount, number of contracts or 

number of units (if applicable); maturity 

date; coupon rate (if applicable); 

effective date or issue date (if 

applicable); market value; percentage 

weighting in the Disclosed Portfolio; 

and expiration date (if applicable). 

As noted above, the Trust’s NAV and 

the NAV per Share will be calculated 

and disseminated daily after the close of 

the Regular Trading Hours (normally 

4:00 p.m., E.T.).15 The Exchange will 

disseminate for the Trust on a daily 

basis by means of the Consolidated Tape 

Association (the ‘‘CTA’’) high-speed line 

information with respect to the most 

recent NAV per Share, and the number 

of Shares outstanding. The Exchange 

also will make available on its website 

daily trading volume, closing prices and 

the NAV per Share at no charge. 

Pricing for VIX is available from major 

market data vendors. Pricing for VIX 

Futures is available from CFE and from 

major market data vendors. Pricing for 

Cboe Options is available from Cboe and 

from major market data vendors. Price 

information for cash equivalents is 

available from major market data 

vendors. 

Information regarding market price 

and trading volume of the Shares will be 

continually available on a real-time 

basis throughout the day on brokers’ 

computer screens and other electronic 

services. The previous day’s closing 

price and trading volume information 

for the Shares will be published daily in 

the financial section of newspapers. 

Quotation and last sale information for 

the Shares will be available via the CTA 

high-speed line. 

Impact on Arbitrage Mechanism 

The Sponsor believes there will be 

minimal, if any, impact to the arbitrage 

mechanism as a result of the use of 

derivatives. Market makers and 

participants should be able to value 

derivatives as long as the positions are 

disclosed with relevant information. 

The Sponsor believes that the price at 

which Shares trade will continue to be 

disciplined by arbitrage opportunities 

created by the ability to purchase or 

redeem Shares at their NAV, which 

should help ensure that Shares will not 

trade at a material discount or premium 

in relation to their NAV. 

The Sponsor does not believe there 

will be any significant impacts to the 

settlement or operational aspects of the 

Fund’s arbitrage mechanism due to the 

use of derivatives. 

Criteria for Initial and Continued Listing 

The Trust will be subject to the 

criteria in Exchange Rule 14.11(e)(10)(E) 

for initial and continued listing of the 

Shares. 

The minimum number of Shares to be 

outstanding at the start of trading will 

be 100,000 Shares. The Exchange 

believes that this minimum number of 

Shares to be outstanding at the start of 

trading is sufficient to provide adequate 

market liquidity. The Exchange 

represents that, for the initial and 

continued listing of the Shares, the 

Trust must be in compliance with 

Exchange Rule 14.10 and Rule 10A–3 

under the Exchange Act.16

Trading Rules 

Under Exchange Rule 14.11(e)(10)(B), 

Managed Trust Securities are included 

within the Exchange’s definition of 

‘‘securities.’’ The Exchange deems the 

Shares to be equity securities, thus 

rendering trading in the Shares subject 

to the Exchange’s existing rules 

governing the trading of equity 

securities. Interpretation and Policy .02 

to Exchange Rule 14.11(e)(10) provides 

that transactions in Managed Trust 

Securities will occur during Regular 

Trading Hours, and the Early Trading,17

Pre-Opening 18 and After Hours 

Sessions.19 Therefore, the Shares will 

trade on the Exchange from 7:00 a.m. to 

8:00 p.m. E.T. The Exchange has 

appropriate rules to facilitate 

transactions in the Shares during all 

trading sessions. As provided in 

Exchange Rule 11.11, the minimum 

price variation (‘‘MPV’’) for quoting and 

entry of orders in equity securities 

traded on the Exchange is $0.01, with 

the exception of securities that are 

priced less than $1.00 for which the 

MPV for order entry is $0.0001. 

Trading Halts 

With respect to trading halts, the 

Exchange may consider all relevant 

factors in exercising its discretion to 

halt or suspend trading in the Shares. 

Trading in the Shares will be halted if 

the circuit breaker parameters under 

Exchange Rule 11.18 are reached. 

Trading may also be halted because of 

market conditions or for reasons that, in 

the view of the Exchange, make trading 

in the Shares inadvisable. 

In addition, if the Exchange becomes 

aware that the NAV, the NAV per Share 

and/or the Disclosed Portfolio with 

respect to a series of Managed Trust 

Securities is not disseminated to all 

market participants at the same time, it 

will halt trading in such series until 

such time as the NAV, the NAV per 

Share and the Disclosed Portfolio is 

available to all market participants. 

Surveillance 

The Exchange represents that trading 

in the Shares will be subject to the 

existing trading surveillances 

administered by the Exchange, as well 

as cross-market surveillances 


khammond on DSKJM1Z7X2PROD with NOTICES
79994 Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 

20FINRA conducts cross-market surveillances on 

behalf of the Exchange pursuant to a regulatory 

services agreement. The Exchange is responsible for 

FINRA’s performance under this regulatory services 

agreement. 

21For a list of the current members of ISG, see 

www.isgportal.org. The Exchange notes that not all 

components of the Disclosed Portfolio for the Fund 

may trade on markets that are members of ISG or 

with which the Exchange has in place a 

comprehensive surveillance sharing agreement. 

22 15 U.S.C. 78f(b). 

23 15 U.S.C. 78f(b)(5). 

24 Id. 

administered by the Financial Industry 

Regulatory Authority (‘‘FINRA’’) on 

behalf of the Exchange, which are 

designed to detect violations of 

Exchange rules and applicable federal 

securities laws.20 The Exchange 

represents that these procedures are 

adequate to properly monitor Exchange 

trading of the Shares in all trading 

sessions and to deter and detect 

violations of Exchange rules and 

applicable federal securities laws. 

The surveillances referred to above 

generally focus on detecting securities 

trading outside their normal patterns, 

which could be indicative of 

manipulative or other violative activity. 

When such situations are detected, 

surveillance analysis follows and 

investigations are opened, where 

appropriate, to review the behavior of 

all relevant parties for all relevant 

trading violations. 

The Exchange or FINRA, on behalf of 

the Exchange, or both, will 

communicate as needed regarding 

trading in the Shares and VIX Futures 

with other markets or other entities that 

are members of the intermarket 

surveillance group (‘‘ISG’’), and the 

Exchange or FINRA, on behalf of the 

Exchange, or both, may obtain trading 

information regarding trading in the 

Shares and VIX Futures from such 

markets or entities. In addition, the 

Exchange may obtain information 

regarding trading in the Shares and VIX 

Futures from markets or other entities 

that are members of ISG or with which 

the Exchange has in place a 

comprehensive surveillance sharing 

agreement.21 FINRA, on behalf of the 

Exchange, is able to access, as needed, 

trade information for certain cash 

equivalents held by the Fund reported 

to FINRA’s Trade Reporting and 

Compliance Engine (‘‘TRACE’’). 

In addition, the Exchange also has a 

general policy prohibiting the 

distribution of material, non-public 

information by its employees. 

Any of the statements or 

representations regarding the index 

composition, the description of the 

portfolio or reference assets, limitations 

on portfolio holdings or reference assets, 

dissemination and availability of index, 

reference asset, intraday indicative 

values (as applicable), or the 

applicability of Exchange listing rules 

relating to the Shares shall constitute 

continued listing requirements for the 

Shares listed on the Exchange. 

The issuer has represented to the 

Exchange that it will advise the 

Exchange of any failure by the Fund to 

comply with the continued listing 

requirements, and, pursuant to its 

obligations under Section 19(g)(1) of the 

Act, the Exchange will monitor for 

compliance with the continued listing 

requirements. If the Fund is not in 

compliance with the applicable listing 

requirements, the Exchange will 

commence delisting procedures under 

Exchange Rule 14.12. 

Information Circular 

Prior to the commencement of 

trading, the Exchange will inform its 

members in an Information Circular of 

the special characteristics and risks 

associated with trading the Shares. 

Specifically, the Information Circular 

will discuss the following: (1) the 

procedures for purchases and 

redemptions of Shares in Creation Units 

(and that Shares are not individually 

redeemable); (2) BZX Rule 3.7, which 

imposes suitability obligations on 

Exchange members with respect to 

recommending transactions in the 

Shares to customers; (3) how 

information regarding the IIV and the 

Disclosed Portfolio is disseminated; (4) 

the risks involved in trading the Shares 

outside of Regular Trading Hours when 

an updated IIV will not be calculated or 

publicly disseminated; (5) the 

requirement that members deliver a 

prospectus to investors purchasing 

newly issued Shares prior to or 

concurrently with the confirmation of a 

transaction; and (6) trading information. 

The Information Circular also will 

reference the fact that there is no 

regulated source of last sale information 

regarding certain of the asset classes that 

the Trust may hold and that the 

Commission has no jurisdiction over the 

trading of VIX Futures. 

In addition, the Information Circular 

will advise members, prior to the 

commencement of trading, of the 

prospectus delivery requirements 

applicable to the Fund. Members 

purchasing Shares from the Fund for 

resale to investors will deliver a 

prospectus to such investors. The 

Information Circular will also discuss 

any exemptive, no-action and 

interpretive relief granted by the 

Commission from any rules under the 

Act. In addition, the Information 

Circular will reference that the Fund is 

subject to various fees and expenses 

described in the Registration Statement. 

The Information Circular will also 

disclose the trading hours of the Shares 

of the Fund and the applicable NAV 

calculation time for the Shares. The 

Information Circular will disclose that 

information about the Shares of the 

Fund will be publicly available on the 

Fund’s website. 

2. Statutory Basis 

The Exchange believes the proposed 

rule change is consistent with the Act 

and the rules and regulations 

thereunder applicable to the Exchange 

and, in particular, the requirements of 

Section 6(b) of the Act.22 Specifically, 

the Exchange believes the proposed rule 

change is consistent with the Section 

6(b)(5) 23 requirements that the rules of 

an exchange be designed to prevent 

fraudulent and manipulative acts and 

practices, to promote just and equitable 

principles of trade, to foster cooperation 

and coordination with persons engaged 

in regulating, clearing, settling, 

processing information with respect to, 

and facilitating transactions in 

securities, to remove impediments to 

and perfect the mechanism of a free and 

open market and a national market 

system, and, in general, to protect 

investors and the public interest. 

Additionally, the Exchange believes the 

proposed rule change is consistent with 

the Section 6(b)(5) 24 requirement that 

the rules of an exchange not be designed 

to permit unfair discrimination between 

customers, issuers, brokers, or dealers. 

In particular, the Exchange is 

proposing to adopt rules identical to 

those of another exchange and is further 

proposing a proposed rule change to 

facilitate the transfer of the security to 

the Exchange. Except for the size of the 

creation unit, all other representations 

made in the Prior Release remain true 

for the Fund. 

The Exchange believes that the 

proposed rule change is designed to 

prevent fraudulent and manipulative 

acts and practices with respect to the 

proposal to list and trade Shares on the 

Exchange pursuant to the initial and 

continued listing criteria in Exchange 

Rule 14.11(e)(10). The Exchange 

believes that its surveillance procedures 

are adequate to properly monitor the 

trading of the Shares on the Exchange 

during all trading sessions and to deter 

and detect violations of Exchange rules 

and the applicable federal securities 

laws. The Sponsor is not a broker-dealer 

and is not affiliated with a broker-dealer 

dealer. In the event (a) the Sponsor 

becomes registered as a broker-dealer or 

newly affiliated with a broker-dealer, or 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 79995 

25 15 U.S.C. 78s(b)(3)(A). 26 17 CFR 240.19b–4(f)(6). 27 In addition, Rule 19b–4(f)(6) requires a selfregulatory organization to give the Commission 

written notice of its intent to file the proposed rule 

change at least five business days prior to the date 

of filing of the proposed rule change, or such 

shorter time as designated by the Commission. See 

id. The Exchange has satisfied this requirement. 

28 17 CFR 240.19b–4(f)(6)(iii). 

29See NYSE Arca Rule 8.700–E(c)(1) (setting forth 

the initial and continued listing standards for 

Managed Trust Securities). See also supra note 6 

and accompanying text. 

30See supra note 8 and accompanying text. BZX 

represents that the date the Fund shares will 

transfer listing to the Exchange is anticipated to be 

September 30, 2024. See Item 3 of Form 19b–4 at 

22. 

31While the size of a creation unit for the Fund 

has changed from the Prior Release (in the current 

proposal, a creation unit is a block of 10,000 shares, 

and in the Prior Release, a creation unit is a block 

of 50,000 shares), the Prior Release represented that 

the size of a creation unit is subject to change. See 

Prior Proposal, supra note 8, 84 FR at 44645. BZX 

represents that, except for the creation unit size, all 

representations pertaining to the purchases and 

redemptions of creation units are identical to those 

in the Prior Release. The Commission also 

recognizes that other proposals to list and trade 

shares of exchange-traded products provide for 

similar creation unit sizes and representations. See, 

e.g., Securities Exchange Act Release No. 94569 

(March 31, 2022) 87 FR 19990 (April 6, 2022) (SR– 

NYSEArca–2022–16) (representing that the shares 

of the DoubleLine Shiller CAPE U.S. Equities ETF 

will be issued and redeemed in creation units of 

10,000 shares and that the size of a creation unit 

is subject to change). 

32For purposes only of waiving the 30-day 

operative delay, the Commission has also 

considered the proposed rule’s impact on 

efficiency, competition, and capital formation. See 

15 U.S.C. 78c(f). 

(b) any new sponsor is a registered 

broker-dealer or becomes affiliated with 

a broker-dealer, it will implement and 

maintain a fire wall with respect to its 

relevant personnel or its broker-dealer 

affiliate regarding access to information 

concerning the composition and/or 

changes to the Disclosed Portfolio (as 

defined in Exchange Rule 

14.11(e)(10)(C)(ii)), and will be subject 

to procedures designed to prevent the 

use and dissemination of material nonpublic information regarding such 

portfolio. The Exchange, FINRA, on 

behalf of the Exchange, or both may 

obtain information regarding trading in 

the Shares and the underlying VIX 

Futures via the ISG from other 

exchanges who are members or affiliates 

of the ISG or with which the Exchange 

has entered into a comprehensive 

surveillance sharing agreement. In 

addition, the Exchange also has a 

general policy prohibiting the 

distribution of material, non-public 

information by its employees. 

The proposed rule change is designed 

to perfect the mechanism of a free and 

open market and, in general, to protect 

investors and the public interest in that 

it will facilitate the listing and trading 

of exchange-traded products that will 

enhance competition among market 

participants, to the benefit of investors 

and the marketplace. As noted above, 

the Exchange has in place surveillance 

procedures relating to trading in the 

Shares and may obtain information via 

ISG from other exchanges that are 

members of ISG or with which the 

Exchange has entered into a 

comprehensive surveillance sharing 

agreement. 

For the above reasons, the Exchange 

believes that the proposed rule change 

is consistent with the requirements of 

Section 6(b)(5) of the Act. 

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will impose 

any burden on competition that is not 

necessary or appropriate in furtherance 

of the purpose of the Act. The Exchange 

notes that the proposed rule change, 

rather will facilitate the transfer from 

NYSE Arca and listing of an additional 

exchange-traded product on the 

Exchange, which will enhance 

competition among listing venues, to 

the benefit of issuers, investors, and the 

marketplace more broadly. The 

Exchange does not believe its proposal 

to amend Exchange Rule 

14.11(e)(10)(C)[sic] will burden 

competition as the proposed changes 

would make the Rule identical to NYSE 

Arca Rule 8.700(E)[sic](c)(1). 

C. Self-Regulatory Organization’s 

Statement on Comments on the 

Proposed Rule Change Received From 

Members, Participants, or Others 

The Exchange neither solicited nor 

received comments on the proposed 

rule change. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

Pursuant to Section 19(b)(3)(A) of the 

Act 25 and Rule 19b–4(f)(6) 26

thereunder, the Exchange has 

designated this proposal as one that 

effects a change that: (i) does not 

significantly affect the protection of 

investors or the public interest; (ii) does 

not impose any significant burden on 

competition; and (iii) by its terms, does 

not become operative for 30 days after 

the date of the filing, or such shorter 

time as the Commission may designate 

if consistent with the protection of 

investors and the public interest.27

A proposed rule change filed 

pursuant to Rule 19b–4(f)(6) under the 

Act normally does not become operative 

for 30 days after the date of its filing. 

However, Rule 19b–4(f)(6)(iii) 28 permits 

the Commission to designate a shorter 

time if such action is consistent with the 

protection of investors and the public 

interest. The Exchange requested that 

the Commission waive the 30-day 

operative delay so that the proposal may 

become operative immediately upon 

filing. The proposed rule change, which 

modifies certain listing standards 

applicable to Managed Trust Securities, 

conforms to substantially similar 

standards of another national securities 

exchange 29 and raises no novel legal or 

regulatory issues. In addition, the 

Exchange proposes to list and trade the 

Fund’s shares, which were previously 

approved for listing and trading and are 

currently listed and trading on NYSE 

Arca, Inc.30 According to the Exchange, 

the proposal to list and trade the shares 

of the Fund is substantively identical to 

the Prior Release and, except for the 

modification of the creation unit size, 

all representations contained in the 

Prior Release remain true.31 As such, the 

proposal to list and trade the shares of 

the Fund on the Exchange raises no 

novel legal or regulatory issues. 

Therefore, the Commission believes that 

waiver of the 30-day operative delay is 

consistent with the protection of 

investors and the public interest. 

Accordingly, the Commission hereby 

waives the 30-day operative delay and 

designates the proposed rule change 

operative upon filing.32

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. 

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– 

CboeBZX–2024–089 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. 


khammond on DSKJM1Z7X2PROD with NOTICES
79996 Federal Register / Vol. 89, No. 190 / Tuesday, October 1, 2024 / Notices 

33 17 CFR 200.30–3(a)(12), (59). 

All submissions should refer to file 

number SR–CboeBZX–2024–089. 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–CboeBZX–2024–089 and should be 

submitted on or before October 22, 

2024. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.33

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–22413 Filed 9–30–24; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20668 and #20669; 

GEORGIA Disaster Number GA–20011] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of Georgia 

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 Georgia (FEMA–4821–DR), 

dated September 24, 2024. 

DATES: Issued on September 24, 2024. 

Physical Loan Application Deadline 

Date: November 25, 2024. 

Economic Injury (EIDL) Loan 

Application Deadline Date: June 24, 

2025. 

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 

September 24, 2024, 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: 

Incident: Tropical Storm Debby. 

Incident Period: August 4, 2024 through 

August 20, 2024. 

Primary Counties: Appling, Atkinson, 

Bacon, Berrien, Brantley, Brooks, 

Bryan, Bulloch, Burke, Camden, 

Candler, Charlton, Chatham, 

Clinch, Coffee, Colquitt, Cook, 

Echols, Effingham, Evans, Jeff 

Davis, Jenkins, Lanier, Long, 

Lowndes, McIntosh, Pierce, 

Screven, Tattnall, Thomas, Tift, 

Toombs, Ware, Wayne. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations with 

Credit Available Elsewhere ... 3.250 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 3.250 

For Economic Injury: 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 3.250 

The number assigned to this disaster 

for physical damage is 206688 and for 

economic injury is 206690. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Francisco Sa ́nchez, Jr. 

Associate Administrator, Office of Disaster 

Recovery & Resilience. 

[FR Doc. 2024–22410 Filed 9–30–24; 8:45 am] 

BILLING CODE 8026–09–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20672 and #20673; 

KANSAS Disaster Number KS–20016] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of Kansas 

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 Kansas (FEMA–4824–DR), 

dated September 24, 2024. 

DATES: Issued on September 24, 2024. 

Physical Loan Application Deadline 

Date: November 25, 2024. 

Economic Injury (EIDL) Loan 

Application Deadline Date: June 24, 

2025. 

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 

September 24, 2024, 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: 

Incident: Severe Storms, Straight-line 

Winds, Tornadoes, and Flooding. 

Incident Period: June 26, 2024 

through July 7, 2024. 

Primary Counties: Chase, Clark, 

Comanche, Doniphan, Finney, 

Geary, Gray, Greeley, Hamilton, 

Kearny, Meade, Scott, Thomas, 

Wabaunsee. 


khammond on DSKJM1Z7X2PROD with NOTICES