[Federal Register Volume 70, Number 14 (Monday, January 24, 2005)]
[Notices]
[Page 3415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-215]



[[Page 3415]]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-51039; File Nos. SR-NYSE-2004-12; SR-NASD-2003-140]


Self-Regulatory Organizations; Notice of Extension of the Comment 
Period for the Proposed Rule Changes by the New York Stock Exchange, 
Inc. and the National Association of Securities Dealers, Inc. Relating 
to the Prohibition of Certain Abuses in the Allocation and Distribution 
of Shares in Initial Public Offerings

January 14, 2005.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 
(``Act'') \1\ and Rule 19b-4 thereunder,\2\ the New York Stock 
Exchange, Inc. (``NYSE'') filed with the Securities and Exchange 
Commission (``Commission'') a proposed rule change (SR-NYSE-2004-12), 
and Amendment No. 1 thereto, and the National Association of Securities 
Dealers, Inc. (``NASD'') filed a proposed rule change (SR-NASD-2003-
140), and Amendments Nos. 1 and 2 thereto, relating to the prohibition 
of certain abuses in the allocation and distribution of shares in 
initial public offerings. A complete description of the proposed rule 
changes and the amendments thereto is found in the notice of filing, 
which was published in the Federal Register on December 28, 2004.\3\ 
The comment period expires on January 18, 2005.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 50896 (December 20, 
2004), 69 FR 77804 (December 28, 2004).
---------------------------------------------------------------------------

    To give the public additional time to comment on the proposed rule 
changes, the Commission has decided to extend the comment period 
pursuant to Section 19(b)(2) of the Act.\4\ Accordingly the comment 
period shall be extended until February 15, 2005.
---------------------------------------------------------------------------

    \4\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    Interested persons are invited to submit written data, views, and 
arguments concerning the foregoing, including whether the proposed 
rules are consistent with the Act and whether there are any differences 
between the NYSE and NASD proposals that present compliance or 
interpretive issues. Persons making written submissions should file six 
copies thereof with the Secretary, Securities and Exchange Commission, 
450 Fifth Street, NW., Washington, DC 20549-0609. Comments also may be 
submitted electronically at the following e-mail address: [email protected]. All comment letters should refer to File Nos. SR-
NYSE-2004-12 and SR-NASD-2003-140. These file numbers should be 
included on the subject line if e-mail is used. To help us process and 
review comments more efficiently, comments should be sent in hardcopy 
or by e-mail but not by both methods. 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. Copies of such filings will also be available for 
inspection and copying at the principal offices of the NYSE and NASD. 
All submissions should be submitted by February 15, 2005.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Margaret H. McFarland,
Deputy Secretary.
 [FR Doc. E5-215 Filed 1-21-05; 8:45 am]
BILLING CODE 8010-01-P