The Securities and Exchange Commission has voted to extend the comment period by 45 days on a proposed overhaul of rules dealing with self-regulatory organizations.

The proposed new rules and amendments to existing rules, which were published back on Dec. 8, 2004, relate to the governance, administration, transparency, and ownership of national securities exchanges or registered securities associations, and the reporting by these SROs regarding their regulatory programs. The proposals also relate to the listing and trading by SROs of their own or affiliated securities.

The commission says it received requests to extend the comment period for this release to March 8, to coincide with the comment period for the related Concept Release Concerning Self-Regulation.