SEC Extends Comment Period for SRO Proposed Rulemaking

The Securities and Exchange Commission today voted to extend for 45 days the comment period on the proposed rulemaking relating to self-regulatory organizations (SROs) that was published in the Federal Register on December 8, 2004 (Release No. 34-50699). Extended to to March 8, 2005.

These proposed new rules and amendments to existing rules relate to the governance, administration, transparency, and ownership of SROs that are national securities exchanges or registered securities associations, and the periodic reporting of information by these SROs regarding their regulatory programs. The proposals also relate to the listing and trading by SROs of their own or affiliated securities.

See Press Release and Proposed rule.