31824 Federal Register / Vol. 63, No. 111 /Wednesday, June 10, 1998 / Notices

6 15 U.S.C. 78f(b).

7 15 U.S.C. 78f(b)(5). 8 17 CFR 200.30–3(a)(12).

2. Basis

The Exchange believes the proposed

rule change is consistent with Section

6(b) of the Act,6 in general, and furthers

the objectives of Section 6(b)(5),7 in

particular, in that it is designed to

promote just and equitable principles of

trade. In addition, the Exchange believes

that the proposal will serve to promote

fair and orderly markets on the Options

Floor and thereby will serve to protect

investors and the public interest.

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 purposes of the Act.

C. Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants, or Others

Written comments on the proposed

rule change were neither solicited nor

received.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

Within 35 days of the date of

publication of this notice in the Federal

Register or within such longer period (i)

as the Commission may designate up to

90 days of such date if it finds such

longer period to be appropriate and

publishes its reasons for so finding or

(ii) as to which the PCX consents, the

Commission will:

(A) By order approve such proposed

rule change, or

(B) Institute proceedings to determine

whether the proposed rule change

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, NW.,

Washington, DC 20549. 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 in

the Commission’s Public Reference

Room, 450 Fifth Street, NW.,

Washington, DC 20549. Copies of such

filing will also be available for

inspection and copying at the principal

office of the PCX. All submissions

should refer to File No. SR–PCX–98–21

and should be submitted by July 1,

1998.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.8

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–15416 Filed 6–9–98; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

[License No. 08/78–0153]

Bluestem Capital Partners II, L.P.;

Notice of Issuance of a Small Business

Investment Company License

On February 18, 1997, an application

was filed by Bluestem Capital Partners

II, L.P. at 122 South Phillips Avenue,

Suite 300, Sioux Falls, South Dakota

57104, with the Small Business

Administration (SBA) pursuant to

Section 107.300 of the Regulations

governing small business investment

companies (13 CFR 107.300 (1997)) for

a license to operate as a small business

investment company.

Notice is hereby given that, pursuant

to Section 301(c) of the Small Business

Investment Act of 1958, as amended,

after having considered the application

and all other pertinent information, SBA

issued License No. 08/78–0153 on May

22, 1998, to Bluestem Capital Partners

II, L.P., to operate as a small business

investment company.

(Catalog of Federal Domestic Assistance

Program No. 59.011, Small Business

Investment Companies)

Dated: May 22, 1998.

Don A. Christensen,

Associate Administrator for Investment.

[FR Doc. 98–15353 Filed 6–9–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[License No. 09/09–0414]

Critical Capital Growth Fund, L.P.;

Notice of Issuance of a Small Business

Investment Company License

On December 29, 1997, an application

was filed by Critical Capital Growth

Fund, L.P. at 17 East St. Francis Drake,

Suite 230, Larkspur, California 94939,

with the Small Business Administration

(SBA) pursuant to Section 107.300 of

the Regulations governing small

business investment companies (13 CFR

107.300 (1997)) for a license to operate

as a small business investment

company.

Notice is hereby given that, pursuant

to Section 301(c) of the Small Business

Investment Act of 1958, as amended,

after having considered the application

and all other pertinent information, SBA

issued License No. 09/09–0414 on May

4, 1998, to Critical Capital Growth

Fund, L.P. to operate as a small business

investment company.

(Catalog of Federal Domestic Assistance

Program No. 59.011, Small Business

Investment Companies)

Dated: May 8, 1998.

Harry E. Haskins,

Acting Associate Administrator for

Investment.

[FR Doc. 98–15356 Filed 6–9–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[License No. 06/06–0315]

First United Venture Capital

Corporation; Notice of Issuance of a

Small Business Investment Company

License

On August 27, 1997, an application

was filed by First United Venture

Capital Corporation, at 1400 West Main

Street, Durant, Oklahoma 74701, with

the Small Business Administration

(SBA) pursuant to Section 107.300 of

the Regulations governing small

business investment companies (13 CFR

107.300 (1997)) for a license to operate

as a small business investment

company.

Notice is hereby given that, pursuant

to Section 301(c) of the Small Business

Investment Act of 1958, as amended,

after having considered the application

and all other pertinent information, SBA

issued License No. 06/06–0315 on May

22, 1998, First United Venture Capital

Corporation to operate as a small

business investment company.