September 18, 2006
Dear NASD Member,
In early September, the Small Firm Advisory Board met in Washington, DC, and I wanted to report back to you on a few key issues we discussed.
Mary Schapiro, NASD's new Chairman and CEO, opened our meeting by announcing that NASD has just created two new task forces as part of its efforts to improve communications with smaller firms:
In addition to discussing NASD's new task forces, one of the other things we talked about at our meeting was how the SFAB could better keep you updated on the work the SFAB is doing on behalf of small firms.
So, in addition to the periodic "small firm hot topics" communications you have been getting from me, you can now expect to receive a regular update from the SFAB member in your District after each of our meetings. We will report back to you on the issues that come before us and what we're doing to bring them to the attention of NASD. It's our intent not only to keep you informed about our activities, but to keep you involved, as well.
As usual, please contact me or any other SFAB Board member if you have any questions or concerns.
Small Firm Advisory Board