Federal Register / Vol. 70, No. 218 / Monday, November 14, 2005 / Notices 69185 

17See letter from George W. Mann, Jr., Executive 

Vice President and General Counsel, BSE, and 

Chairman, Subcommittee, to Michael Gaw, 

Assistant Director, Division, Commission, dated 

September 29, 2005. 

18 15 U.S.C. 78s(b)(2). 

19See supra note 17. 

20 Id. 

21 Id. 22 17 CFR 200.30–3(a)(12). 

facilities. National securities exchanges 

obtain funds to pay their Section 31 fees 

to the Commission by charging fees to 

broker-dealers who generate the covered 

sales on which Section 31 fees are 

based. An exchange can obtain most of 

these funds by imposing a fee on one of 

its members whenever the member is on 

the sell side of a transaction. However, 

when the exchange accepts an ITS 

commitment to buy, the ultimate seller 

is a party on another market. The 

exchange lacks the ability to pass a fee 

to that seller directly, because the seller 

may not be a member of the exchange. 

Under the proposed arrangement, which 

the Commission understands will be 

adopted by each of the ITS participant 

exchanges,17 the exchange that routed 

the ITS commitment away will continue 

to collect a fee from the broker-dealer 

that placed the sell order. Then, with 

respect to each ITS participant 

exchange, the exchange will determine 

whether it is a net sender or net receiver 

of ITS trades and send fees to or accept 

fees from each other exchange 

accordingly. The Commission believes 

this is an equitable manner for the 

exchanges to obtain funds to pay their 

Section 31 fees on covered sales 

resulting from ITS trades. 

Under Section 19(b)(2) of the Act,18

the Commission may not approve any 

proposed rule change prior to the 

thirtieth day after the date of 

publication of the notice of filing 

thereof, unless the Commission finds 

good cause for so doing. The 

Commission hereby finds good cause for 

approving the proposed rule change 

prior to the thirtieth day after 

publishing notice of filing thereof in the 

Federal Register. In this case, the 

Commission does not believe a 

comment period is necessary because all 

of the parties affected by the proposed 

fee—the other ITS participant 

exchanges—have already consented to 

and will adopt the same fee 

arrangement.19

For the reasons set forth above, the 

Commission finds good cause to 

accelerate approval of the proposed rule 

change pursuant to Section 19(b)(2) of 

the Act.20

V. Conclusion 

It is therefore ordered, pursuant to 

Section 19(b)(2) of the Act,21 that the 

proposed rule change (SR–Phlx–2005–

64) is hereby approved on an 

accelerated basis. 

For the Commission, by the Division of 

Market Regulation, pursuant to delegated 

authority.22

Jonathan G. Katz, 

Secretary. 

[FR Doc. E5–6247 Filed 11–10–05; 8:45 am] 

BILLING CODE 8010–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10224] 

California Disaster # CA–00021 

Declaration of Economic Injury 

AGENCY: Small Business Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Economic Injury Disaster Loan (EIDL) 

declaration for the State of California, 

dated 10/27/2005. 

Incident: Lake Tahoe Sewage Spill. 

Incident Period: 07/19/2005. 

Effective Date: 10/27/2005. 

EIDL Loan Application Deadline Date: 

07/27/2006. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, National 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, Suite 6050, Washington, 

DC 20416. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s EIDL declaration on 10/ 

27/2005, applications for economic 

injury disaster loans may be filed 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: 

Placer 

Contiguous Counties: 

California 

El Dorado, Nevada, Sacramento, 

Sutter, Yuba. 

Nevada 

Carson City, Douglas, Washoe. 

The Interest Rate is: 4.000. 

The number assigned to this disaster 

for economic injury is 102240. 

The States which received an EIDL 

Declaration # are California and Nevada. 

(Catalog of Federal Domestic Assistance 

Number 59002) 

Dated: October 27, 2005. 

Hector V. Barreto, 

Administrator. 

[FR Doc. 05–22535 Filed 11–10–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10205 and # 10206] 

Louisiana Disaster Number LA–00004 

AGENCY: Small Business Administration. 

ACTION: Amendment 8. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Louisiana 

(FEMA–1607–DR), dated 09/24/2005. 

Incident: Hurricane Rita. 

Incident Period: 09/23/2005 and 

continuing through 11/01/2005. 

Effective Date: 11/01/2005. 

Physical Loan Application Deadline 

Date: 01/11/2006. 

EIDL Loan Application Deadline Date: 

06/26/2006. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, National 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, Suite 6050, Washington, 

DC 20416. 

SUPPLEMENTARY INFORMATION: The notice 

of the President’s major disaster 

declaration for the State of Louisiana, 

dated 09/24/2005, is hereby amended to 

establish the incident period for this 

disaster as beginning 09/23/2005 and 

continuing through 11/01/2005. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008) 

Cheri L. Cannon, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. 05–22533 Filed 11–10–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10176 and # 10177] 

LOUISIANA Disaster Number LA–

00002 

AGENCY: Small Business Administration. 

ACTION: Amendment 2. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Louisiana 

(FEMA–1603–DR), dated 08/29/2005.