58248 Federal Register / Vol. 70, No. 192 / Wednesday, October 5, 2005 / Notices 

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

2 17 CFR 240.19b–4. 

3 In Amendment No. 1, Amex made minor 

technical changes to the proposed rule text and 

provided further discussion on how the proposal is 

consistent with the requirement under Section 

6(b)(4) of the Act to provide for the equitable 

allocation of reasonable dues, fees, and other 

charges among its members and issuers and other 

persons using its facilities. See 15 U.S.C. 78f(b)(4). 

4See Securities Exchange Act Release No. 52273 

(August 16, 2005), 70 FR 49339. 

5 In approving this proposed rule change, the 

Commission notes that it has considered the 

proposed rule’s impact on efficiency, competition, 

and capital formation. See 15 U.S.C. 78c(f). 

6 15 U.S.C. 78f(b)(4). 

7 15 U.S.C. 78s(b)(2). 

8 17 CFR 200.30–3(a)(12). 

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

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 52303 

(August 18, 2005), 70 FR 49957 (‘‘Notice’’). 

4The Commission has considered the proposed 

rule’s impact on efficiency, competition and capital 

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

5 15 U.S.C. 78o–3(b)(6). 

6 If the order does not lock or cross the best price, 

the system retains it for normal processing. 

7Nasdaq has stated that liquidity providers may, 

in some cases, receive an execution fee rebate, thus 

reducing their transaction costs. See Notice. 

8 15 U.S.C. 78s(b)(2). 

Securities and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 a proposed rule change to 

amend its Participant Fee Schedule to 

suspend specialist transaction charges 

for the trading of Nasdaq-100 Index 

Tracking Stock (‘‘QQQQ’’), 

retroactively from July 1, 2005 through 

July 17, 2005. On August 12, 2005, the 

Exchange filed Amendment No. 1 to the 

proposed rule change.3 The proposed 

rule change, as amended, was published 

for comment in the Federal Register on 

August 23, 2005.4 The Commission 

received no comments on the proposal. 

The Commission finds that the 

proposed rule change, as amended, is 

consistent with the requirements of the 

Act and the rules and regulations 

thereunder applicable to a national 

securities exchange.5 In particular, the 

Commission believes that the proposal 

is consistent with Section 6(b)(4) of the 

Act 6 in that it provides for the equitable 

allocation of reasonable dues, fees, and 

other charges among its members. 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,7 that the 

proposed rule change (File No. SR–

Amex–2005–078), as amended, be, and 

it hereby is, approved. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.8

Jonathan G. Katz, 

Secretary. 

[FR Doc. E5–5454 Filed 10–4–05; 8:45 am] 

BILLING CODE 8010–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–52526; File No. SR–NASD–

2005–057 

Self-Regulatory Organizations; 

National Association of Securities 

Dealers, Inc.; Order Approving 

Proposed Rule Change Relating to 

Summary Orders in the Nasdaq Market 

Center 

September 29, 2005. 

On April 22, 2005, the National 

Association of Securities Dealers, Inc. 

(‘‘NASD’’), through its subsidiary, The 

Nasdaq Stock Market, Inc. (‘‘Nasdaq’’), 

filed with the Securities and Exchange 

Commission (‘‘Commission’’), pursuant 

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

Exchange Act of 1934 (‘‘Act’’) 1 and Rule 

19b–4 thereunder,2 a proposed rule 

change relating to Summary Orders in 

the Nasdaq Market Center. Nasdaq has 

proposed to allow all participants in the 

Nasdaq Market Center to enter 

attributable and non-attributable 

Summary Orders, and to make 

Summary Orders available for 

transactions in exchange-listed 

securities. Currently, the use of 

Summary Orders is restricted to Nasdaq 

Order-Delivery ECNs for transactions in 

Nasdaq-listed securities. 

The proposed rule change was 

published for comment in the Federal 

Register on August 25, 2005.3 The 

Commission received no comments on 

the proposal. 

After careful review, the Commission 

finds that the proposed rule change is 

consistent with the requirements of the 

Act and the rules and regulations 

thereunder applicable to a selfregulatory organization.4 In particular, 

the Commission believes that the 

proposed rule change is consistent with 

Section 15A(b)(6) of the Act 5 in that it 

is designed to prevent fraudulent and 

manipulative acts and practices, to 

promote just and equitable principles of 

trade, 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. 

The Commission notes that Summary 

Orders permit an order entering party to 

receive a warning if the price of the 

order would lock or cross the best prices 

then displayed in the Nasdaq Market 

Center by rejecting the order back to 

such order entering party.6 The 

Commission notes that Summary Orders 

give the order entering party the choice 

of either immediately executing against 

the available trading interest or 

providing liquidity through a posted 

order. The Commission notes that 

Nasdaq has stated that the significance 

of having such a choice lies in the 

potential for having reduced transaction 

costs as a liquidity provider.7 The 

Commission notes that Summary Orders 

are currently only available to Nasdaq 

Order-Delivery ECNs. The Commission 

notes that the proposal would extend 

the ability to enter Summary Orders, on 

either an attributable or non-attributable 

basis, to all Nasdaq Market Center 

participants. The Commission also notes 

that the proposal would extend the 

usage of Summary Orders to 

transactions in exchange-listed 

securities, in addition to Nasdaq-listed 

securities. 

The Commission believes that the 

proposal, by extending the availability 

of Summary Orders to all participants in 

the Nasdaq Market Center entering into 

transactions in Nasdaq-listed or 

exchange-listed securities, should 

increase the level of control Nasdaq 

Market Center participants have over 

the processing of their orders and allow 

them potentially to enter into more 

economically efficient transactions. 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,8 that the 

proposed rule change (File No. SR–

NASD–2005–057) be, and hereby is, 

approved. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.9

Jonathan G. Katz, 

Secretary. 

[FR Doc. E5–5450 Filed 10–4–05; 8:45 am] 

BILLING CODE 8010–01–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments and Recommendations 

ACTION: Notice and request for 

comments. 

SUMMARY: In accordance with the 

Paperwork Reduction Act of 1995, this 

notice announces the Small Business 

Administration’s intentions to request 

Federal Register / Vol. 70, No. 192 / Wednesday, October 5, 2005 / Notices 58249 

approval on a new and/or currently 

approved information collection. 

DATES: Submit comments on or before 

December 5, 2005. 

ADDRESSES: Send all comments 

regarding whether this information 

collection is necessary for the proper 

performance of the function of the 

agency, whether the burden estimates 

are accurate, and if there are ways to 

minimize the estimated burden and 

enhance the quality of the collection, to 

Joseph Sobota, Assistant Advocate, 

Office of Advocacy, Small Business 

Administration, 409 3rd Street SW., 

Suite 7800, Washington, DC 20416 

FOR FURTHER INFORMATION CONTACT: 

Joseph Sobota, Assistant Advocate, 202–

205–6952, Joseph.sobota@sba.gov. 

Curtis B. Rich, Management Analyst, 

202–205–7030, curtis.rich@sba.sba. 

SUPPLEMENTARY INFORMATION: 

Title: ‘‘Veterans Business Ownership 

Survey’’. 

Description of Respondents: The 

general veteran population, veterans 

business owners and veterans who have 

a service connected disability. 

Form No: N/A. 

Annual Responses: 1. 

Annual Burden: 400. 

Send all comments regarding whether 

this information collection is necessary 

for the proper performance of the 

function of the agency, whether the 

burden estimates are accurate, and if 

there are ways to minimize the 

estimated burden and enhance the 

quality of the collection, to Randy 

Christopherson, Director, Denver 

Finance Center, Small Business 

Administration, 721 19th Street, Denver, 

CO 80202. 

FOR FURTHER INFORMATION CONTACT: 

Randy Christopherson, Director, 313–

844–0054, 

Randy.christopherson@sba.gov. Curtis 

B. Rich, Management Analyst, 202–205–

7030, curtis.rich@sba.sba. 

SUPPLEMENTARY INFORMATION: 

Title: ‘‘Transaction Report Loans 

Serviced by Lenders’’. 

Description of Respondents: Small 

Business Administration Participating 

Lenders. 

Form No: 172. 

Annual Responses: 18,637. 

Annual Burden: 3,089. 

Jacqueline White, 

Chief, Administrative Information Branch. 

[FR Doc. 05–19974 Filed 10–4–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

Interest Rates; Quarterly 

Determinations 

The Small Business Administration 

publishes an interest rate called the 

optional ‘‘peg’’ rate (13 CFR 120.214) on 

a quarterly basis. This rate is a weighted 

average cost of money to the 

government for maturities similar to the 

average SBA direct loan. This rate may 

be used as a base rate for guaranteed 

fluctuating interest rate SBA loans. This 

rate will be 4.500 (41⁄2) percent for the 

October–December quarter of FY 2006. 

James E. Rivera, 

Associate Administrator for Financial 

Assistance. 

[FR Doc. 05–19975 Filed 10–4–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

Region II Buffalo District Advisory 

Council; Public Meeting 

The U.S. Small Business 

Administration Region II Advisory 

Council located in the geographical area 

of Buffalo, New York, will hold a public 

meeting on Wednesday, October 12, 

2005, starting at 10 a.m. eastern 

standard time. The meeting will take 

place at the Manufacturers & Traders 

Trust Company, One M&T Plaza, 

Buffalo, New York to discuss such 

matters that may be presented by 

members and staff of the U.S. Small 

Business Administration, or others 

present. 

Anyone wishing to make an oral 

presentation to the Board must contact 

Franklin J. Sciortino, District Director, 

Buffalo District Office, in writing by 

letter or fax no later than Friday, 

October 7, 2005 in order to be put on the 

agenda. Franklin J. Sciortino, District 

Director, Buffalo District Office, U.S. 

Small Business Administration, Niagara 

Center, 130 S. Elmwood, Suite 540, 

Buffalo, New York 14202; telephone 

(716) 551–4301 or fax (716) 551–4418. 

Matthew K. Becker, 

Committee Management Officer. 

[FR Doc. 05–19979 Filed 10–4–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

National Small Business Development 

Center Program Advisory Board; 

Public Meeting 

The U.S. Small Business 

Administration, Office of Small 

Business Development Centers, National 

Advisory Board will be hosting a public 

meeting via conference call to discuss 

such matters that may be presented by 

members, and the staff of the U.S. Small 

Business Administration, or interested 

others. The conference call will be held 

on Tuesday, January 18, 2006 at 1 p.m. 

Eastern Standard Time. 

Anyone wishing to make an oral 

presentation to the Board must contact 

Erika Fischer, Senior Program Analyst, 

U.S. Small Business Administration, 

Office of Small Business Development 

Centers, 409 3rd Street, SW., 

Washington, DC 20416, telephone (202) 

205–7045 or fax (202) 481–0681. 

Matthew K. Becker, 

Committee Management Officer. 

[FR Doc. 05–19976 Filed 10–4–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

National Small Business Development 

Center Advisory Board; Public Meeting 

The U.S. Small Business 

Administration, Office of Small 

Business Development Centers, National 

Advisory Board will be hosting a public 

meeting via conference call to discuss 

such matters that may be presented by 

members, and the staff of the U.S. Small 

Business Administration, or interested 

others. The conference call will be on 

Tuesday, December 20, 2005 at 1 p.m. 

Eastern Standard Time. 

Anyone wishing to make an oral 

presentation to the Board must contact 

Erika Fischer, Senior Program Analyst, 

U.S. Small Business Administration, 

Office of Small Business Development 

Centers, 409 3rd Street, SW., 

Washington, DC 20416, telephone (202) 

205–7045 or fax (202) 481–0681. 

Matthew K. Becker, 

Committee Management Officer. 

[FR Doc. 05–19977 Filed 10–4–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

National Small Business Development 

Center Advisory Board; Public Meeting 

The U.S. Small Business 

Administration, Office of Small 

Business Development Centers, National 

Advisory Board will be hosting a public 

meeting via conference call to discuss 

such matters that may be presented by 

members, and the staff of the U.S. Small 

Business Administration, or interested 

others. The conference call will be held 

on Tuesday, November 15, 2005 at 1 

p.m. eastern standard time.