[Federal Register Volume 69, Number 22 (Tuesday, February 3, 2004)]
[Notices]
[Page 5228]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-2092]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-49129; File No. SR-NASD-2003-176]


Self-Regulatory Organizations; Notice of Designation of Longer 
Period for Commission Action and Extension of Comment Period on a 
Proposed Rule Change by the National Association of Securities Dealers, 
Inc. Relating to Chief Executive Officer and Chief Compliance Officer 
Certification

January 27, 2004.
    On November 28, 2003, the National Association of Securities 
Dealers, Inc. (``NASD'') 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 to add NASD Rule 3013. Notice of 
the proposed rule change was published for public comment in the 
Federal Register on December 31, 2003.\3\ The notice provided that 
comments on the proposed rule change should be submitted to the 
Commission by January 21, 2004.
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 48981 (December 23, 
2003), 68 FR 75704. The Release was incorrectly identified in the 
Federal Register as 34-48961. The correct number is 34-48981.
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    Section 19(b)(2) of the Act \4\ provides that within thirty-five 
days of the publication of notice of the filing of a proposed rule 
change, or within such longer period as the Commission may designate up 
to ninety days of such date if it finds such longer period to be 
appropriate and publishes its reasons for so finding the Commission 
shall either approve the proposed rule change or institute proceedings 
to determine whether the proposed rule change should be disapproved. 
That thirty-five day period will end on February 4, 2004, with respect 
to the proposed rule change. The Commission has received comments on 
the proposed rule change, which it is still reviewing. The Commission 
finds it appropriate to designate a longer period within which to take 
action on the proposed rule change so that it has sufficient time to 
consider the comments.
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    \4\ 15 U.S.C. 78s(b)(2).
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    Accordingly, the Commission hereby designates March 30, 2004 as the 
date by which the Commission shall either approve the proposed rule 
change or institute proceedings to determine whether to disapprove it. 
The Commission is also extending the period for public comment through 
February 6, 2004.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(31).
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Jill M. Peterson,
Assistant Secretary.
[FR Doc. 04-2092 Filed 2-2-04; 8:45 am]
BILLING CODE 8010-01-P