48002 Federal Register / Vol. 73, No. 159 / Friday, August 15, 2008 / Notices 

13 15 U.S.C. 78f(b). 

14 15 U.S.C. 78f(b)(4). 

15For billing purposes, ROTs entering 

transactions from off-floor will continue to be 

charged the broker/dealer equity option transaction 

charge because those transactions generally are 

considered to be not the core part of their 

continuous quoting and affirmative market making 

obligations. 

16 15 U.S.C. 78s(b)(3)(A)(ii). 

17 17 CFR 240.19b–4(f)(2). 18 17 CFR 200.30–3(a)(12). 

option contracts that number greater 

than 14,000, calculated per day: (1) per 

equity option overlying the same 

underlying security; (2) per RUT option; 

(3) per RMN option; (4) per MNX 

option; and (5) per NDX option (‘‘14,000 

cap’’). The contract volume above the 

14,000 cap described above would not 

be included in the Volume Threshold 

calculations. Therefore, per day, up to 

14,000 contracts that meet the criteria 

above would be included in the Volume 

Threshold. The purpose of excluding 

this volume is because it is already 

subject to different fee caps or fee 

credits. 

The Exchange also proposes to delete 

the $0.08 per contract side rebate for 

ROTs and $0.07 per contract side rebate 

for specialists in connection with trades 

occurring as part of a dividend, merger, 

and short stock interest strategy. The 

Exchange believes that at this time the 

rebate is no longer necessary. The 

Exchange believes that the current 

$1,000 and $25,000 fee caps that will 

remain unchanged are sufficient 

incentives to encourage this type of 

business at the Exchange. 

The purpose of SR–Phlx–2008–59, 

Amendment No. 1 is to clarify the 

application of the proposed reduction of 

the equity option transaction charge to 

$0.01 per contract. 

2. Statutory Basis 

The Exchange believes that its 

proposal to amend its schedule of fees 

is consistent with Section 6(b) of the 

Act,13 in general, and furthers the 

objectives of Section 6(b)(4) of the Act,14

in particular, in that it is designed to 

provide for the equitable allocation of 

reasonable dues, fees, and other charges 

among Exchange members. The 

Exchange believes that this proposal is 

equitable because it generally should 

result in a reduction in fees for ROTs 

and specialists who meet the Volume 

Threshold, which should, in turn, 

increase order flow to the Exchange. 

Specifically, the Exchange believes that 

it is equitable to reduce fees for 

specialists and ROTs, which includes 

SQTs and RSQTs, as opposed to other 

broker-dealers and ROTs entering 

transactions from off-floor because 

specialists and ROTs have continuous 

quoting and affirmative market making 

obligations.15

B. Self-Regulatory Organization’s 

Statement on Burden on Competition 

The Exchange does not believe that 

the proposed rule change will 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 

No written comments were either 

solicited or received. 

III. Date of Effectiveness of the 

Proposed Rule Change and Timing for 

Commission Action 

The foregoing proposed rule change is 

effective upon filing pursuant to Section 

19(b)(3)(A)(ii) of the Act 16 and 

paragraph (f)(2) of Rule 19b–4 17

thereunder, because it establishes or 

changes a due, fee, or other charge 

applicable only to a member imposed by 

the Exchange. At any time within 60 

days of the filing of the proposed rule 

change, the Commission may summarily 

abrogate 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. 

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 e-mail to rulecomments@sec.gov. Please include File 

Number SR–Phlx–2008–59 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–Phlx–2008–59. This file 

number should be included on the 

subject line if e-mail 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 Web site (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 inspection and copying in 

the Commission’s Public Reference 

Room, on official business days between 

the hours of 10 a.m. and 3 p.m. Copies 

of such filing will also be available for 

inspection and copying at the principal 

office of the Exchange. All comments 

received will be posted without change; 

the Commission does not edit personal 

identifying information from 

submissions. You should submit only 

information that you wish to make 

available publicly. All submissions 

should refer to File No. SR-Phlx-2008–

59 and should be submitted on or before 

September 5, 2008. 

For the Commission, by the Division of 

Trading and Markets, pursuant to delegated 

authority.18

Florence E. Harmon, 

Acting Secretary. 

[FR Doc. E8–18855 Filed 8–14–08; 8:45 am] 

BILLING CODE 8010–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 11308] 

Illinois Disaster Number IL–00016 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Amendment 4. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of Illinois (FEMA–1771–DR), 

dated 06/24/2008. 

Incident: Severe Storms and Flooding. 

Incident Period: 06/01/2008 through 

07/22/2008. 

Effective Date: 07/30/2008. 

Physical Loan Application Deadline 

Date: 08/25/2008. 

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, 

mstockstill on PROD1PC66 with NOTICES

Federal Register / Vol. 73, No. 159 / Friday, August 15, 2008 / Notices 48003 

409 3rd Street, SW., Suite 6050, 

Washington, DC 20416. 

SUPPLEMENTARY INFORMATION: The notice 

of the President’s major disaster 

declaration for Private Non-Profit 

organizations in the State of Illinois, 

dated 06/24/2008, is hereby amended to 

include the following areas as adversely 

affected by the disaster. 

Primary Counties: Greene. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

James E. Rivera, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. E8–18913 Filed 8–14–08; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 11281] 

Indiana Disaster Number IN–00020 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Amendment 5. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of Indiana (FEMA–1766–DR), 

dated 06/08/2008. 

Incident: Severe Storms, Flooding, 

and Tornadoes. 

Incident Period: 05/30/2008 through 

06/27/2008. 

Effective Date: 08/06/2008. 

Physical Loan Application Deadline 

Date: 08/07/2008. 

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. 

SUPPLEMENTARY INFORMATION: The notice 

of the President’s major disaster 

declaration for Private Non-Profit 

organizations in the State of Indiana, 

dated 06/08/2008, is hereby amended to 

include the following areas as adversely 

affected by the disaster. 

Primary Counties: 

Adams, Benton, Fountain, Gibson, 

Hendricks, Jay, Marion, 

Montgomery, Posey, Switzerland, 

Wabash. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

James E. Rivera, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. E8–18912 Filed 8–14–08; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 11264 and # 11265] 

Iowa Disaster Number IA–00015 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Amendment 10. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Iowa (FEMA–

1763–DR), dated 05/27/2008. 

Incident: Severe Storms, Tornadoes, 

and Flooding. 

Incident Period: 05/25/2008 and 

continuing. 

Effective Date: 08/06/2008. 

Physical Loan Application Deadline 

Date: 09/29/2008. 

EIDL Loan Application Deadline Date: 

02/27/2009. 

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. 

SUPPLEMENTARY INFORMATION: The notice 

of the Presidential disaster declaration 

for the State of Iowa, dated 05/27/2008 

is hereby amended to include the 

following areas as adversely affected by 

the disaster: 

Primary Counties: (Physical Damage 

and Economic Injury Loans): 

Appanoose, Clarke, Monroe, 

Ringgold. 

Contiguous Counties: (Economic Injury 

Loans Only): 

Missouri: Putnam, Worth. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008) 

James E. Rivera, 

Acting Associate Administrator for Disaster 

Assistance. 

[FR Doc. E8–18910 Filed 8–14–08; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 11342] 

Texas Disaster Number TX–00298 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Amendment 1. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for Public Assistance Only for 

the State of Texas (FEMA–1780–DR), 

dated 07/24/2008. 

Incident: Hurricane Dolly. 

Incident Period: 07/22/2008 through 

08/01/2008. 

Effective Date: 08/01/2008. 

Physical Loan Application Deadline 

Date: 09/22/2008. 

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: M. 

Mitravich, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street, SW., Suite 6050, 

Washington, DC 20416. 

SUPPLEMENTARY INFORMATION: The notice 

of the President’s major disaster 

declaration for Private Non-Profit 

organizations in the State of Texas, 

dated 07/24/2008, is hereby amended to 

establish the incident period for this 

disaster as beginning 07/22/2008 and 

continuing through 08/01/2008. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. E8–18911 Filed 8–14–08; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 11353 and # 11354] 

Texas Disaster Number TX–00297 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Amendment 2. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Texas (FEMA–

1780–DR), dated 07/31/2008. 

Incident: Hurricane Dolly. 

Incident Period: 07/22/2008 and 

continuing through 08/01/2008. 

Effective Date: 08/01/2008. 

Physical Loan Application Deadline 

Date: 09/30/2008. 

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