9690 Federal Register / Vol. 70, No.
38 / Monday, February 28, 2005 / Notices
submission of director nominations to
the membership; and requiring Board
members to attend at least three
meetings of the Board of Executives
annually instead of requiring two
plenary sessions between the Board and
the Board of Executives. While these
changes are designed to provide the
Board with greater flexibility in
administering the affairs of the
Exchange, particularly with respect to
the annual meeting process, they require
that the Board provide sufficient
advance notice to members of the
annual meeting to take into account the
number of days for the filing of
nomination petitions, the determination
by the Board of petition candidates’
eligibility, and notice to members of the
annual meeting. In the Commission’s
view, these proposed changes are
consistent with the Act. In addition, the
Commission notes that the proposed
rule change would allow the Board to
appoint to the Board of Executives as a
floor member representative any
member, other than a specialist, who
spends a substantial amount of time on
the floor. Because this change is
intended to reflect more accurately the
entire constituency of floor members,
other than specialists, who are eligible
to serve on the Board of Executives, the
Commission believes that this proposal
is consistent with the Act.
Finally, the Commission notes that
the NYSE has submitted an
Independence Policy pursuant to the
requirement of Article IV, Section 2 of
the NYSE Constitution. This provision
of the NYSE Constitution requires the
Exchange to adopt standards for
determining the independence of its
directors, which are to be comparable to
the standards required of the Exchange’s
listed issuers, and to file such standards
with the Commission as a proposed rule
change under Section 19(b)(1) of the
Act.10 The Commission believes that
generally the NYSE’s Independence
Policy comports with the independence
standards required of the Exchange’s
listed issuers, but the Exchange has
tailored its policy to address its role as
a self-regulatory organization and as a
listed market.11 The Commission
recently proposed governance standards
for national securities exchanges and
registered securities associations,
which, among other things, would
require that a majority of the directors
of an exchange or association be
10 15 U.S.C. 78s(b)(1).
11 The independence standards for NYSE listed
issuers are found in Section 303A.00 of the NYSE
Listed Company Manual.
VerDate jul<14>2003 16:34 Feb 25, 2005 Jkt 205001
independent.12 The SRO Governance
Proposal also would set forth specific
criteria for determining the
independence of an exchange’s or
association’s directors that are similar,
but not identical, to the Exchange’s
Independence Policy. The Commission
believes that, in the current context, the
Exchange’s proposed Independence
Policy is consistent with the Act. The
Commission notes, however, that the
Exchange would have to conform its
Independence Policy, as well as its
Constitution and rules, to any rules the
Commission may adopt with respect to
the governance of exchanges and
associations and the independence of
their directors.
IV. Conclusion
It is therefore ordered, pursuant to
Section 19(b)(2) of the Act,13 that the
proposed rule change (SR–NYSE–2004–
54) is hereby approved.
For the Commission, by the Division of
Market Regulation, pursuant to delegated
authority.14
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. E5–785 Filed 2–25–05; 8:45 am]
BILLING CODE 8010–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration # 10027 and # 10028]
California Disaster # CA–00003
AGENCY: U.S. Small Business
Administration.
ACTION: Notice.
SUMMARY: This is a Notice of an
Administrative declaration of a disaster
for the State of California, dated
February 18, 2005.
Incident: Severe Storms, Flooding,
Debris Flows, and Mudslides.
Incident Period: December 27, 2004,
through January 11, 2005.
EFFECTIVE DATE: February 18, 2005.
Physical Loan Application Deadline
Date: April 19, 2005.
EIDL Loan Application Deadline Date:
November 18, 2005.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Disaster Area Office 1,
360 Rainbow Blvd. South 3rd Floor,
Niagara Falls, NY 14303.
FOR FURTHER INFORMATION CONTACT: A.
Escobar, Office of Disaster Assistance,
12 See Securities Exchange Act Release No. 50699
(November 18, 2004), 69 FR 71126 (December 8,
2004) (‘‘SRO Governance Proposal’’).
13 Id.
14 17 CFR 200.30–3(a)(12).
PO 00000 Frm 00083 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM
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 disaster declaration,
applications for 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
San Bernardino.
Contiguous Counties
California
Inyo, Kern, Los Angeles, Orange, and
Riverside.
Arizona
La Paz and Mohave.
Nevada
Clark.
The Interest Rates are:
Percent
Homeowners with credit available
elsewhere .................................... 5.875
Homeowners without credit avail-
able elsewhere ............................ 2.937
Businesses with credit available
elsewhere .................................... 5.800
Businesses and Small Agricultural
Cooperatives without credit avail-
able elsewhere ............................ 4.000
Other (Including Non-Profit Organi-
zations) with credit available
elsewhere .................................... 4.750
Businesses and Non-Profit Organi-
zations without credit available
elsewhere .................................... 4.000
The number assigned to this disaster
for physical damage is 10027B and for
economic injury is 100280.
The States which received EIDL Decl#
are California, Arizona and Nevada.
(Catalog of Federal Domestic Assistance
Numbers 59002 and 59008)
Dated: February 18, 2005.
Hector V. Barreto,
Administrator.
[FR Doc. 05–3819 Filed 2–25–05; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration # 10032]
Kansas Disaster # KS–00001 Disaster
Declaration
AGENCY: U.S. Small Business
Administration.
ACTION: Notice.
28FEN1
 Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Notices
SUMMARY: This is a Notice of the
Presidential declaration of a major
disaster for Public Assistance only for
the State of Kansas (FEMA–1579–DR),
dated February 8, 2005.
Incident: Severe Winter Storms,
Heavy Rains, and Flooding.
Incident Period: January 4, 2005,
through January 6, 2005.
DATES: Effective Date: February 8, 2005.
Physical Loan Application Deadline
Date: April 11, 2005.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Disaster Area Office 1,
360 Rainbow Blvd. South 3rd Floor,
Niagara Falls, NY 14303.
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
President’s major disaster declaration on
February 8, 2005, applications for
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
Anderson, Atchison, Barber, Butler,
Chase, Chautauqua, Clark, Coffey,
Comanche, Cowley, Crawford, Douglas,
Elk, Franklin, Greenwood, Harper,
Harvey, Jefferson, Kingman, Lyon,
Marion, Morris, Osage, Pratt, Reno, Rice,
Sedgwick, Shawnee, Sumner,
Wabaunsee, Woodson, and Wyandotte.
The Interest Rates are:
Percent
Other (including non-profit organi-
zations) with credit available
elsewhere ....................................
Businesses and non-profit organi-
zations without credit available
elsewhere ....................................
The number assigned to this disaster
for physical damage is 10032B.
(Catalog of Federal Domestic Assistance
Number 59008)
Cheri L. Cannon,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. 05–3815 Filed 2–25–05; 8:45 am]
BILLING CODE 8025–01–P
VerDate jul<14>2003 18:21 Feb 25, 2005 Jkt 205001
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration # 10031]
Kentucky Disaster # KY–00001
Disaster Declaration
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 Kentucky (FEMA—1578—
DR), dated February 8, 2005.
Incident: Severe Winter Storm and
Record Snow.
Incident Period: December 21, 2004,
through December 23, 2004.
DATES: Effective Date: February 8, 2005.
Physical Loan Application Deadline
Date: April 11, 2005.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Disaster Area Office 1,
360 Rainbow Blvd. South 3rd Floor,
Niagara Falls, NY 14303.
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
President’s major disaster declaration on
February 8, 2005, applications for
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
Ballard, Bracken, Breckinridge,
Caldwell, Carlisle, Crittenden, Franklin,
Fulton, Grant, Grayson, Hancock,
Harrison, Hart, Hickman, Hopkins,
LaRue, Livingston, Lyon, McLean,
4.750 Muhlenberg, Nelson, Owen, Pendleton,
Robertson, Shelby, Union, and Webster.
4.000
The Interest Rates are:
Percent
Other (including non-profit organi-
zations) with credit available
elsewhere .................................... 4.750
Businesses and non-profit organi-
zations without credit available
elsewhere .................................... 4.000
The number assigned to this disaster
for physical damage is 10031B.
PO 00000 Frm 00084 Fmt 4703 Sfmt 4703 E:\FR\FM\28FEN1.SGM
9691
(Catalog of Federal Domestic Assistance
Number 59008)
Cheri L. Cannon,
Acting Associate Administrator for Disaster
Assistance.
[FR Doc. 05–3816 Filed 2–25–05; 8:45 am]
BILLING CODE 8025–01–P
SMALL BUSINESS ADMINISTRATION
[Disaster Declaration # 10025 and # 10026]
Michigan Disaster # MI–00001
AGENCY: U.S. Small Business
Administration.
ACTION: Notice.
SUMMARY: This is a Notice of an
Administrative declaration of a disaster
for the State of Michigan, dated
February 18, 2005.
Incident: Flooding and Ice Jams.
Incident Period: January 17, 2005 and
continuing.
DATES: Effective Date: February 18,
2005.
Physical Loan Application Deadline
Date: April 20, 2005.
EIDL Loan Application Deadline Date:
November 16, 2005.
ADDRESSES: Submit completed loan
applications to: U.S. Small Business
Administration, Disaster Area Office 1,
360 Rainbow Blvd. South 3rd Floor,
Niagara Falls, NY 14303.
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 disaster declaration,
applications for 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
Ottawa.
Contiguous Counties
Michigan
Allegan, Kent, and Muskegon.
The Interest Rates are:
Percent
Homeowners with credit available
elsewhere .................................... 5.875
Homeowners without credit avail-
able elsewhere ............................ 2.937
Businesses with credit available
elsewhere .................................... 6.000
Businesses and small agricultural
cooperatives without credit avail-
able elsewhere ............................ 4.000
28FEN1