51216 Federal Register / Vol. 86, No. 175 / Tuesday, September 14, 2021 / Notices 

31See supra notes 10, 20 and 22. 

32See supra note 25. 

33NetCoalition v. SEC, 615 F.3d 525, 539 (D.C. 

Cir. 2010) (quoting Securities Exchange Act Release 

No. 59039 (December 2, 2008), 73 FR 74770, 74782– 

83 (December 9, 2008) (SR–NYSE–2006–21)). 

34 15 U.S.C. 78s(b)(3)(A)(ii). 

35 17 CFR 240.19b–4(f)(2). 36 17 CFR 200.30–3(a)(12). 

discontinue to reduce use of certain 

categories of products, in response to 

new or different pricing structures being 

introduced into the market. 

Accordingly, competitive forces 

constrain the Exchange’s transaction 

fees and rebates, including with respect 

to executions of Added Displayed 

Volume and Removed Volume, and 

market participants can readily choose 

to send their orders to other exchange 

and off-exchange venues if they deem 

fee levels at those other venues to be 

more favorable. As described above, the 

proposed changes are competitive 

proposals through which the Exchange 

is seeking to encourage additional order 

flow and quoting activity on the 

Exchange and to promote market quality 

through pricing incentives that are 

comparable to, and competitive with, 

pricing programs in place at other 

exchanges with respect to executions of 

Added Displayed Volume and Removed 

Volume,31 as well as to generate 

additional revenue to offset some of the 

costs associated with the Exchange’s 

current pricing structure and its 

operations generally. Accordingly, the 

Exchange believes the proposal would 

not burden, but rather promote, 

intermarket competition by enabling it 

to better compete with other exchanges 

that offer similar incentives to market 

participants that enhance market quality 

and/or achieve certain volume criteria 

and thresholds. 

Additionally, the Commission has 

repeatedly expressed its preference for 

competition over regulatory 

intervention in determining prices, 

products, and services in the securities 

markets. Specifically, in Regulation 

NMS, the Commission highlighted the 

importance of market forces in 

determining prices and SRO revenues 

and, also, recognized that current 

regulation of the market system ‘‘has 

been remarkably successful in 

promoting market competition in its 

broader forms that are most important to 

investors and listed companies.’’ 32 The 

fact that this market is competitive has 

also long been recognized by the courts. 

In NetCoalition v. SEC, the D.C. Circuit 

stated as follows: ‘‘[n]o one disputes 

that competition for order flow is 

‘fierce.’ . . . As the SEC explained, ‘[i]n 

the U.S. national market system, buyers 

and sellers of securities, and the brokerdealers that act as their order-routing 

agents, have a wide range of choices of 

where to route orders for execution’; 

[and] ‘no exchange can afford to take its 

market share percentages for granted’ 

because ‘no exchange possesses a 

monopoly, regulatory or otherwise, in 

the execution of order flow from broker 

dealers’ . . . .’’.33 Accordingly, the 

Exchange does not believe its proposed 

pricing changes 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 

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 

The foregoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Act 34 and Rule 

19b–4(f)(2) 35 thereunder. 

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 

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 (http://www.sec.gov/ 

rules/sro.shtml); or 

• Send an email to rule-comments@

sec.gov. Please include File Number SR– 

MEMX–2021–11 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–2021–11. 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 (http://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 

10:00 a.m. and 3:00 p.m. Copies of the 

filing also will be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change. 

Persons submitting comments are 

cautioned that we do not redact or edit 

personal identifying information from 

comment submissions. You should 

submit only information that you wish 

to make available publicly. All 

submissions should refer to File 

Number SR–MEMX–2021–11 and 

should be submitted on or before 

October 5, 2021. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.36

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–19728 Filed 9–13–21; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #17153 and #17154; 

Louisiana Disaster Number LA–00116] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of Louisiana 

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 Louisiana (FEMA–461–DR), 

dated 09/07/2021. 

Incident: Hurricane Ida. 


tkelley on DSK125TN23PROD with NOTICES
Federal Register / Vol. 86, No. 175 / Tuesday, September 14, 2021 / Notices 51217 

Incident Period: 08/26/2021 and 

continuing. 

DATES: Issued on 09/07/2021. Physical 

Loan Application Deadline Date: 11/08/ 

2021. Economic Injury (EIDL) Loan 

Application Deadline Date: 06/07/2022. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

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 

09/07/2021, Private Non-Profit 

organizations that provide essential 

services of a governmental nature may 

file disaster loan applications at the 

address listed above or other locally 

announced locations. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Parishes: Jefferson, Lafourche, 

Orleans, Saint Charles, Saint James, 

St John the Baptist, Terrebonne. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations with 

Credit Available Elsewhere ... 2.000 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.000 

For Economic Injury: 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.000 

The number assigned to this disaster 

for physical damage is 17153 8 and for 

economic injury is 17154 0. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

James Rivera, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. 2021–19758 Filed 9–13–21; 8:45 am] 

BILLING CODE 8026–03–P 

SUSQUEHANNA RIVER BASIN 

COMMISSION 

Projects Approved for Minor 

Modifications 

AGENCY: Susquehanna River Basin 

Commission. 

ACTION: Notice. 

SUMMARY: This notice lists the minor 

modifications approved for a previously 

approved project by the Susquehanna 

River Basin Commission during the 

period set forth in DATES. 

DATES: August 1–31, 2021. 

ADDRESSES: Susquehanna River Basin 

Commission, 4423 North Front Street, 

Harrisburg, PA 17110–1788. 

FOR FURTHER INFORMATION CONTACT: 

Jason E. Oyler, General Counsel, 

telephone: (717) 238–0423, ext. 1312; 

fax: (717) 238–2436; email: joyler@

srbc.net. Regular mail inquiries may be 

sent to the above address. 

SUPPLEMENTARY INFORMATION: This 

notice lists previously approved 

projects, receiving approval of minor 

modifications, described below, 

pursuant to 18 CFR 806.18 or to 

Commission Resolution Nos. 2013–11 

and 2015–06 for the time period 

specified above: 

Minor Modification Issued Under 18 

CFR 806.18 

1. Seneca Resources Company, LLC, 

Docket No. 20210611, Sergeant and 

Norwich Townships, McKean County, 

Pa.; approval authorizing the additional 

water use purpose for hydrostatic 

testing; Approval Date: August 18, 2021. 

Authority: Public Law 91–575, 84 

Stat. 1509 et seq., 18 CFR parts 806, 807, 

and 808. 

Dated: September 9, 2021. 

Jason E. Oyler, 

General Counsel and Secretary to the 

Commission. 

[FR Doc. 2021–19769 Filed 9–13–21; 8:45 am] 

BILLING CODE 7040–01–P 

SUSQUEHANNA RIVER BASIN 

COMMISSION 

Grandfathering (GF) Registration 

Notice 

AGENCY: Susquehanna River Basin 

Commission. 

ACTION: Notice. 

SUMMARY: This notice lists 

Grandfathering Registration for projects 

by the Susquehanna River Basin 

Commission during the period set forth 

in DATES. 

DATES: August 1–31, 2021. 

ADDRESSES: Susquehanna River Basin 

Commission, 4423 North Front Street, 

Harrisburg, PA 17110–1788. 

FOR FURTHER INFORMATION CONTACT: 

Jason E. Oyler, General Counsel and 

Secretary to the Commission, telephone: 

(717) 238–0423, ext. 1312; fax: (717) 

238–2436; email: joyler@srbc.net. 

Regular mail inquiries May be sent to 

the above address. 

SUPPLEMENTARY INFORMATION: This 

notice lists GF Registration for projects, 

described below, pursuant to 18 CFR 

806, Subpart E for the time period 

specified above: Grandfathering 

Registration Under 18 CFR part 806, 

Subpart E: 

1. ITG Cigars Inc.—McAdoo Facility, 

GF Certificate No. GF–202108180, 

Banks Township, Carbon County, Pa.; 

Wells 5 and 6 and consumptive use; 

Issue Date: August 6, 2021. 

2. Bedford Elks Country Club, GF 

Certificate No. GF–202108181, Bedford 

Township, Bedford County, Pa.; 

consumptive use; Issue Date: August 6, 

2021. 

3. Wise Foods, Inc.—Berwick Facility, 

GF Certificate No. GF–202108182, 

Berwick Borough, Columbia County, 

Pa.; consumptive use; Issue Date: 

August 6, 2021. 

Dated: September 9, 2021. 

Jason E. Oyler, 

General Counsel and Secretary to the 

Commission. 

[FR Doc. 2021–19768 Filed 9–13–21; 8:45 am] 

BILLING CODE 7040–01–P 

SUSQUEHANNA RIVER BASIN 

COMMISSION 

Projects Approved for Consumptive 

Uses of Water 

AGENCY: Susquehanna River Basin 

Commission. 

ACTION: Notice. 

SUMMARY: This notice lists the projects 

approved by rule by the Susquehanna 

River Basin Commission during the 

period set forth in DATES. 

DATES: August 1–31, 2021. 

ADDRESSES: Susquehanna River Basin 

Commission, 4423 North Front Street, 

Harrisburg, PA 17110–1788. 

FOR FURTHER INFORMATION CONTACT: 

Jason E. Oyler, General Counsel and 

Secretary to the Commission, telephone: 

(717) 238–0423, ext. 1312; fax: (717) 

238–2436; email: joyler@srbc.net. 

Regular mail inquiries May be sent to 

the above address. 

SUPPLEMENTARY INFORMATION: This 

notice lists the projects, described 

below, receiving approval for the 

consumptive use of water pursuant to 

the Commission’s approval by rule 

process set forth in 18 CFR 806.22 (e) 

and 18 CFR 806.22 (f) for the time 

period specified above: 


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