A spokesman for the National Association of Securities Dealers has announced that the NASD will not proceed with its proposal to eliminate the definition of “Office of Supervisory Jurisdiction” currently set out in NASD Rule 3010 and to replace it with four new branch office designations. The proposal, which was published in Notice to Members 07-12 as part of the NASD’s rule harmonization with the New York Stock Exchange, met with criticism that it was unnecessarily complicated and would require member firms to undertake costly updates to their advertising, written procedures and training materials. State regulators also noted that the OSJ definition has been incorporated into some state statutes, which would have to be updated to reflect the proposed changes. No alternative proposal is currently anticipated.