[Federal Register Volume 90, Number 31 (Tuesday, February 18, 2025)]
[Notices]
[Page 9746]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-02700]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-102399; File Nos. PCAOB-2024-06, PCAOB-2024-07]


Public Company Accounting Oversight Board; Notice of Withdrawal 
of Proposed Rules on Firm Reporting and Firm and Engagement Metrics and 
Related Amendments to PCAOB Standards

February 11, 2025.
    On November 22, 2024, the Public Company Accounting Oversight Board 
(``PCAOB'') 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\ 
proposed rules on (1) Firm Reporting (``Firm Reporting'') and (2) Firm 
and Engagement Metrics and Related Amendments to PCAOB Standards 
(``Firm and Engagement Metrics''). The proposed rules on Firm Reporting 
were published for comment in the Federal Register on December 5, 
2024,\3\ and the proposed rules on Firm and Engagement Metrics were 
published for comment in the Federal Register on December 11, 2024.\4\ 
The Commission provided a 21-day public comment period for the proposed 
rules.\5\
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    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Public Company Accounting Oversight Board; Notice of 
Filing of Proposed Rules on Firm Reporting, Release No. 34-101723 
(Nov. 25, 2024) [89 FR 96712 (Dec. 5, 2024)].
    \4\ See Public Company Accounting Oversight Board; Notice of 
Filing of Proposed Rules on Firm and Engagement Metrics and Related 
Amendments to PCAOB Standards, Release No. 34-101724 (Nov. 25, 2024) 
[89 FR 99968 (Dec. 11, 2024)].
    \5\ See supra notes 3 and 4. Comments received by the Commission 
on the proposed rules are available at: https://www.sec.gov/comments/pcaob-2024-06/pcaob202406.htm and https://www.sec.gov/comments/pcaob-2024-07/pcaob202407.htm.
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    On January 14, 2025, the Commission extended the public comment 
periods for the proposed rules on Firm Reporting and Firm and 
Engagement Metrics, and, pursuant to section 19(b)(2) of the Act,\6\ 
extended the date by which the Commission shall either approve or 
disapprove, or institute proceedings to determine whether to 
disapprove, the proposed rules on Firm Reporting to March 5, 2025 and 
the proposed rules on Firm and Engagement Metrics to March 11, 2025.\7\
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    \6\ 15 U.S.C. 78s(b)(2).
    \7\ See Public Company Accounting Oversight Board; Extension of 
Comment Period and Notice of Designation of Longer Period for 
Commission Action on Proposed Rules on Firm Reporting and Firm and 
Engagement Metrics and Related Amendments to PCAOB Standards, 
Release No. 34-102179 (Jan. 14, 2025) [90 FR 6036 (Jan. 17, 2025)].
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    On February 11, 2025, the PCAOB withdrew the proposed rules on Firm 
and Engagement Metrics (PCAOB-2024-06) and Firm Reporting (PCAOB-2024-
07).

    For the Commission, by the Office of the Chief Accountant, 
pursuant to delegated authority.\8\
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    \8\ 17 CFR 200.30-11(b)(1).
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Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-02700 Filed 2-14-25; 8:45 am]
BILLING CODE 8011-01-P