40774 Federal Register / Vol. 63, No. 146 /Thursday, July 30, 1998 / Notices

55See e.g., Rule 10102, Rule 10103, Rule 10104

referenced specifically above, Rule 10301, and Rule

10401.

56 15 U.S.C. 78o–3. 57 17 CFR 200.30–3(a)(12).

Proposed Amendments to Various Rules

To Correctly Identify Committee Name

The committee of NASD Regulation

that addresses arbitration matters is the

National Arbitration and Mediation

Committee. NASD Regulation proposes

to amend each rule in which the

outdated term ‘‘National Arbitration

Committee’’ is used by replacing the

outdated term with the current

committee name, the ‘‘National

Arbitration and Mediation

Committee.’’ 55

Request for Comments on Specific

Topic

NASD Regulation proposes to allow

parties to have the right to strike an

unlimited number of arbitrators from

lists under proposed Rule

10308(c)(1)(A). NASD Regulation

specifically requests comment on

whether parties should have an

unlimited number of strikes, or whether

the right to strike should be limited. If

a claimant, for example, strikes every

arbitrator listed, all the listed arbitrators

are ineligible, the respondent’s

preferences are nullified, and the

Director appoints arbitrators who are

not listed. Thus, the unlimited right to

strike any be too broad to accomplish

the purposes intended by the rule

proposal.

NASD Regulation is requesting that

the proposed rule change be effective

within 45 days of SEC approval.

2. Statutory Basis

NASD Regulation believes that the

proposed rule change is consistent with

the provisions of Section 15A(b)(6) of

the Act,56 which requires, among other

things, that the Association’s rules must

be designed to prevent fraudulent and

manipulative acts and practices, to

promote just and equitable principles of

trade, and, in general, to protect

investors and the public interest.

B. Self-Regulatory Organization’s

Statement on Burden on Competition

The NASD does not believe that the

proposed rule change will impose any

inappropriate burden on competition.

C. Self-Regulatory Organization’s

Statement on Comments on the

Proposed Rule Change Received From

Members, Participants, or Others

No written comments were either

solicited or received.

III. Date of Effectiveness of the

Proposed Rule Change and Timing for

Commission Action

Within 35 days of the 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 self-regulatory organization

consents, the Commission will:

(A) by order approve the 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 at

the Commission’s Public Reference

Room. Copies of such filing will also be

available for inspection and copying at

the principal office of the NASD. All

submissions should refer to File No.

SR–NASD–98–48 and should be

submitted by August 20, 1998.

For the Commission, by the Division of

Market Regulation, pursuant to delegated

authority.57

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. 98–20364 Filed 7–29–98; 8:45 am]

BILLING CODE 8010–01–M

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3110]

State of Florida

Polk County and the contiguous

Counties of Hardee, Highlands,

Hillsborough, Lake, Manatee,

Okeechobee, Orange, Osceola, Pasco,

and Sumter in Florida constitute a

disaster area as a result of damages

caused by a fire at the International

Market World Flea Market in

Auburndale that occurred on July 14,

1998. Applications for loans for

physical damages may be filed until the

close of business on September 21, 1998

and for economic injury until the close

of business on April 21, 1999 at the

address listed below or other locally

announced locations: Small Business

Administration, Disaster Area 2 Office,

One Baltimore Place, Suite 300, Atlanta,

GA 30308.

The interest rates are:

Percent

For Physical Damage:

Homeowners with credit available elsewhere ........................ 6.875

Homeowners without credit available elsewhere ........................ 3.437

Businesses with credit available

elsewhere ................................ 8.000.

Businesses and non-profit organizations without credit available elsewhere ........................ 4.000

Others (including non-profit organizations) with credit available

elsewhere ................................ 7.125

For Economic Injury:

Businesses and small agricultural

cooperatives without credit

available elsewhere ................. 4.000

The number assigned to this disaster

for physical damage is 311005 and for

economic injury the number is 994400.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: July 21, 1998.

Aida Alvarez,

Administrator.

[FR Doc. 98–20333 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3108]

State of Florida; (And Contiguous

Counties in Georgia)

Leon County and the contiguous

Counties of Gadsden, Jefferson, Liberty,

and Wakulla in Florida, and Grady and

Thomas Counties in Georgia constitute

a disaster area as a result of damages

caused by heavy rains and flooding that

occurred on July 13, 1998. Applications

for loans for physical damages as a

result of this disaster may be filed until

the close of business on September 18,

1998 and for economic injury until the

close of business on April 20, 1999 at

the address listed below or other locally

announced locations: Small Business

Administration, Disaster Area 2 Office,
Federal Register / Vol. 63, No. 146 /Thursday, July 30, 1998 / Notices 40775

One Baltimore Place, Suite 300, Atlanta,

GA 30308.

The interest rates are:

Percent

For Physical Damage:

Homeowners with credit available elsewhere ........................ 6.875

Homeowners without credit available elsewhere ........................ 3.437

Businesses with credit available

elsewhere ................................ 8.000

Businesses and non-profit organizations without credit available elsewhere ........................ 4.000

Others (including non-profit organizations) with credit available

elsewhere ................................ 7.125

For Economic Injury:

Businesses and small agricultural

cooperatives without credit

available elsewhere ................. 4.000

The numbers assigned to this disaster

for physical damages are 310806 for

Florida and 310906 for Georgia. For

economic injury the numbers are

994200 for Florida and 994300 for

Georgia.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: July 20, 1998.

Fred P. Hochberg,

Acting Administrator.

[FR Doc. 98–20329 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3103]

State of Iowa; (Amendment #1)

In accordance with a notice from the

Federal Emergency Management Agency

dated July 13, 1998, the abovenumbered Declaration is hereby

amended to include Lee, Osceola, and

Tama Counties in the State of Iowa as

a disaster area due to damages caused

by severe storms, tornadoes, and

flooding beginning on June 13, 1998 and

continuing.

In addition, applications for economic

injury loans from small businesses

located in the following contiguous

counties may be filed until the specified

date at the previously designated

location: Clay, Dickinson, Lyon,

O’Brien, and Sioux Counties in Iowa;

Clark County, Missouri; Hancock

County, Illinois; and Jackson and Nobles

Counties in Minnesota.

All other information remains the

same, i.e., the deadline for filing

applications for physical damage is

August 31, 1998 and for economic

injury the termination date is April 2,

1999.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: July 14, 1998.

Bernard Kulik,

Associate Administrator for Disaster

Assistance.

[FR Doc. 98–20327 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3105]

State of New York; Amendment #1

The above numbered declaration is

hereby amended to reflect the correct

declaration numbers for this disaster.

The number assigned to this disaster for

physical damage is 310506, and for

economic injury the numbers are

993200 for New York and 993300 for

Pennsylvania. All other information

remains the same, i.e., the deadline for

filing applications for physical damage

is September 5, 1998 and for economic

injury the termination date is April 7,

1999.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008.)

Dated: July 17, 1998.

Bernard Kulik,

Associate Administrator for Disaster

Assistance.

[FR Doc. 98–20328 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3111]

State of South Carolina

Berkeley County and the contiguous

Counties of Charleston, Clarendon,

Dorchester, Georgetown, Orangeburg,

and Williamsburg Counties in South

Carolina constitute a disaster area due to

damages caused by a fire that occurred

on July 12, 1998 at the Coastal Carolina

Flea Market. Applications for loans for

physical damages may be filed until the

close of business on September 21, 1998

and for economic injury until the close

of business on April 21, 1999 at the

address listed below or other locally

announced locations: Small Business

Administration, Disaster Area 2 Office,

One Baltimore Place, Suite 300, Atlanta,

GA 30308.

The interest rates are:

Percent

For Physical Damage:

Homeowners with credit available elsewhere ........................ 7.000

Homeowners without credit available elsewhere ........................ 3.500

Percent

Businesses with credit available

elsewhere ................................ 8.000

Businesses and non-profit organizations without credit available elsewhere ........................ 4.000

Others (including non-profit organizations) with credit available

elsewhere ................................ 7.125

For Economic Injury:

Businesses and small agricultural

cooperatives without credit

available elsewhere ................. 4.000

The number assigned to this disaster

for physical damages is 311105 and for

economic injury the number is 994500.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: July 21, 1998.

Aida Alvarez,

Administrator.

[FR Doc. 98–20330 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3101]

State of Vermont; Amendment #2

In accordance with a notice from the

Federal Emergency Management Agency

dated July 15, 1998, the abovenumbered Declaration is hereby

amended to include Essex County,

Vermont as a disaster area due to

damages caused by severe storms and

flooding beginning on June 17, 1998 and

continuing.

All counties contiguous to the abovenamed primary county have been

previously declared.

All other information remains the

same, i.e., the deadline for filing

applications for physical damage is

August 29, 1998 and for economic

injury the termination date is March 30,

1999.

(Catalog of Federal Domestic Assistance

Program Nos. 59002 and 59008)

Dated: July 20, 1998.

Bernard Kulik,

Associate Administrator for Disaster

Assistance.

[FR Doc. 98–20331 Filed 7–29–98; 8:45 am]

BILLING CODE 8025–01–P

SMALL BUSINESS ADMINISTRATION

[Declaration of Disaster #3101]

State of Vermont; Amendment #1

In accordance with a notice from the

Federal Emergency Management Agency

dated July 10, 1998, the abovenumbered Declaration is hereby