Federal Register / Vol. 87, No. 117 / Friday, June 17, 2022 / Notices 36567 

11 15 U.S.C. 78s(b)(3)(A)(ii). 12 17 CFR 200.30–3(a)(12). 

for optimized effect, to recalibrate them 

to reflect changing market behavior, and 

to align them with the Exchange’s 

overall mix of objectives. The Exchange 

notes that its members are free to trade 

on other venues to the extent they 

believe that these proposals are not 

attractive. As one can observe by 

looking at any market share chart, price 

competition between exchanges is 

fierce, with liquidity and market share 

moving freely between exchanges in 

reaction to fee and credit changes. 

Intermarket Competition 

In terms of inter-market competition, 

the Exchange notes that it operates in a 

highly competitive market in which 

market participants can readily favor 

competing venues if they deem fee 

levels at a particular venue to be 

excessive, or rebate opportunities 

available at other venues to be more 

favorable. In such an environment, the 

Exchange must continually adjust its 

credits and fees to remain competitive 

with other exchanges and with 

alternative trading systems that have 

been exempted from compliance with 

the statutory standards applicable to 

exchanges. Because competitors are free 

to modify their own credits and fees in 

response, and because market 

participants may readily adjust their 

order routing practices, the Exchange 

believes that the degree to which credit 

or fee changes in this market may 

impose any burden on competition is 

extremely limited. The proposals are 

reflective of this competition. 

Even as one of the largest U.S. 

equities exchanges by volume, the 

Exchange has less than 20% market 

share, which in most markets could 

hardly be categorized as having enough 

market power to burden competition. 

Moreover, as noted above, price 

competition between exchanges is 

fierce, with liquidity and market share 

moving freely between exchanges in 

reaction to fee and credit changes. This 

is in addition to free flow of order flow 

to and among off-exchange venues, 

which comprises upwards of 50% of 

industry volume. 

In sum, if the change proposed herein 

is unattractive to market participants, it 

is likely that the Exchange will lose 

market share as a result. Accordingly, 

the Exchange does not believe that the 

proposed change will impair the ability 

of members or competing order 

execution venues to maintain their 

competitive standing in the financial 

markets. 

Finally, the Exchange does not believe 

that its proposal to re-organize, reformat, and re-state its schedule of 

credits and fees, at Equity 7, Section 

118(a), will have any impact on 

competition, as it will merely render the 

schedule shorter, simpler, more 

consistent, better and more logically 

organized, and more readable, to the 

benefit of investors, participants, and 

the public. It will also ease the burden 

to the Exchange of administering the 

schedule when it proposes to make 

substantive changes thereto, as it will no 

longer need to make three amendments 

to the schedule to accomplish a single 

change. The Exchange does not intend 

for the reorganization, reformatting, or 

restatement of the schedule to 

themselves effect any substantive 

changes to existing credits or charges. 

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 

The foregoing rule change has become 

effective pursuant to Section 

19(b)(3)(A)(ii) of the Act.11

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: (i) necessary or appropriate in 

the public interest; (ii) for the protection 

of investors; or (iii) 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 

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– 

NASDAQ–2022–036 on the subject line. 

Paper Comments 

• Send paper comments in triplicate 

to Secretary, Securities and Exchange 

Commission, 100 F Street NE, 

Washington, DC 20549–10 

All submissions should refer to File 

Number SR–NASDAQ–2022–036. 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–NASDAQ–2022–036 and 

should be submitted on or before July 8, 

2022. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.12

J. Matthew DeLesDernier, 

Assistant Secretary. 

[FR Doc. 2022–13039 Filed 6–16–22; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #17487 and #17488; 

NEW MEXICO Disaster Number NM–00081] 

Presidential Declaration of a Major 

Disaster for Public Assistance Only for 

the State of New Mexico 

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 New Mexico (FEMA–4652– 

DR), dated 06/08/2022. 


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36568 Federal Register / Vol. 87, No. 117 / Friday, June 17, 2022 / Notices 

Incident: Wildfires and Straight-line 

Winds. 

Incident Period: 04/05/2022 and 

continuing. 

DATES: Issued on 06/08/2022. 

Physical Loan Application Deadline 

Date: 08/08/2022. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 03/08/2023. 

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 

06/08/2022, 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 Counties: Colfax, Mora, San 

Miguel. 

The Interest Rates are: 

Percent 

For Physical Damage: 

Non-Profit Organizations With 

Credit Available Elsewhere ... 1.875 

Non-Profit Organizations Without Credit Available Elsewhere ..................................... 1.875 

For Economic Injury: 

Non-Profit Organizations Without Credit Available Elsewhere ..................................... 1.875 

The number assigned to this disaster 

for physical damage is 17487 5 and for 

economic injury is 17488 0. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Joshua Barnes, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. 2022–13032 Filed 6–16–22; 8:45 am] 

BILLING CODE 8026–09–P 

SOCIAL SECURITY ADMINISTRATION 

[Docket No SSA–2022–0027] 

Agency Information Collection 

Activities: Proposed Request 

The Social Security Administration 

(SSA) publishes a list of information 

collection packages requiring clearance 

by the Office of Management and 

Budget (OMB) in compliance with 

Public Law 104–13, the Paperwork 

Reduction Act of 1995, effective October 

1, 1995. This notice includes one new 

information collection. 

SSA is soliciting comments on the 

accuracy of the agency’s burden 

estimate; the need for the information; 

its practical utility; ways to enhance its 

quality, utility, and clarity; and ways to 

minimize burden on respondents, 

including the use of automated 

collection techniques or other forms of 

information technology. Mail, email, or 

fax your comments and 

recommendations on the information 

collection(s) to the OMB Desk Officer 

and SSA Reports Clearance Officer at 

the following addresses or fax numbers. 

(OMB) Office of Management and 

Budget, Attn: Desk Officer for SSA. 

Comments: https://www.reginfo.gov/ 

public/do/PRAMain. Submit your 

comments online referencing Docket ID 

Number [SSA–2022–0027]. 

(SSA) Social Security Administration, 

OLCA, Attn: Reports Clearance 

Director, 3100 West High Rise, 6401 

Security Blvd., Baltimore, MD 21235, 

Fax: 410–966–2830, Email address: 

OR.Reports.Clearance@ssa.gov. 

Or you may submit your comments 

online through https://www.reginfo.gov/ 

public/do/PRAMain, referencing Docket 

ID Number [SSA–2022–0027]. 

I. The information collection below is 

pending at SSA. SSA will submit it to 

OMB within 60 days from the date of 

this notice. To be sure we consider your 

comments, we must receive them no 

later than August 16, 2022. Individuals 

can obtain copies of the collection 

instrument by writing to the above 

email address. 

The National Beneficiary Survey 

(NBS)—0960–NEW Background 

SSA’s Social Security Disability 

Insurance (SSDI) and Supplemental 

Security Income (SSI) programs provide 

a crucial and necessary safety net for 

working-aged people with disabilities. 

By improving employment outcomes for 

SSDI beneficiaries and SSI recipients, 

SSA supports the effort to reduce the 

reliance of people with disabilities on 

these programs. SSA previously 

conducted seven rounds of the National 

Beneficiary Survey (NBS) in 2004, 2005, 

2006, 2010, 2015, 2017, and 2019. 

Conducting the prior rounds of the NBS 

provided SSA with an important 

understanding of the work interests and 

experiences of SSI recipients and SSDI 

beneficiaries, and helped SSA gain 

information about their impairments; 

health; living arrangements; family 

structure; pre-disability occupation; and 

use of non-SSA programs (e.g., the 

Supplemental Nutrition Assistance 

Program). The prior rounds of NBS data 

are available to researchers and the 

public. SSA contracted with 

Mathematica to conduct the NBS data 

collection. 

NBS Project Description 

The primary purpose of the new NBS 

is to: (1) assess beneficiary well-being 

and interest in work; (2) learn about 

beneficiary work experiences 

(successful and unsuccessful); and (3) to 

identify factors that promote or restrict 

long-term work success. As with the 

previous NBS rounds, the current NBS 

will collect information on factors such 

as health; living arrangements; family 

structure; current occupation; use of 

non-SSA programs; knowledge of SSDI 

and SSI work incentive programs; 

obstacles to work; and beneficiary 

interest and motivation to return to 

work. SSA is requesting clearance to 

administer Round 8 of the NBS in 2023. 

The information we will collect is not 

something we can obtain from SSA 

administrative data or other sources. In 

the Round 8 NBS, the sample design is 

similar to the ones we used for the prior 

NBS. The sample includes the 

nationally representative beneficiary 

samples (RBS) of adult SSDI and SSI 

disability program participants, as well 

as the successful worker sample (SWS) 

which includes beneficiaries who 

worked above the substantial gainful 

activity for at least three consecutive 

months during the six months preceding 

their NBS interview. SSA plans to 

complete 8,000 interviews: 5,000 from a 

cross-sectional sample of active 

beneficiaries (SSI and SSDI) and 3,000 

from a successful worker sample, and 

will conduct the survey interviews 

primarily by telephone. We will send a 

letter in advance informing the 

beneficary that an interviewer will 

contact them to conduct, or schedule a 

date and time for the survey. The 

beneficiary can also contact the 800 

number we provide in the sample letter 

to schedule the interview or take the 

survey with an interviewer. We will 

send follow-up letters and postcards 

reminding the beneficiary to contact us, 

if they have not already done so, and we 

will also send postcard messages about 

establishing the best time for the 

beneficiary to take the survey. 

In addition to the Round 8 NBS, we 

propose to conduct an experimental 

web and a paper-based data collection 

effort to test if these modes are feasible 

methods to collect data from 

nonrespondents. SSA will conduct this 


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