March 12, 2015.
On June 27, 2014, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (“Act”) 
and Rule 19b-4 thereunder,
a proposed rule change to adopt rules relating to quotation requirements for over-the-counter (“OTC”) equity securities and to delete the rules relating to the OTC Bulletin Board Service (“OTCBB”) and thus cease its operation. The proposed rule change was published for comment in the Federal Register on July 15, 2014.
On August 8, 2014, FINRA consented to extending the time period for the Commission to either approve or disapprove the proposed rule change, or to institute proceedings to determine whether to approve or disapprove the proposed rule change, to October 10, 2014. The Commission received one comment letter on the proposed rule change.
On October 7, 2014, the Commission instituted proceedings 
to determine whether to approve or disapprove the proposed rule change under Section 19(b)(2)(B) of the Act.
The Commission thereafter received three comment letters in response to the Order Instituting Proceedings.
On January 9, 2015, the Commission extended the time period for Commission action to March 12, 2015.
On March 3, 2015, FINRA withdrew the proposed rule change (SR-FINRA-2014-030).
For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.
Brent J. Fields,
[FR Doc. 2015-06090 Filed 3-16-15; 8:45 am]
BILLING CODE 8011-01-P