NASD Notice to Members 97-70 - October 1997

Broker-Dealer and Agent Renewals for 1998

Executive Summary

The 1997-98 National Association of Securities Dealers, Inc. (NASD®) broker-dealer and agent registration renewal cycle begins inearly November.  This program simplifies the registration renewal process through the payment of one invoiced amount that will include fees for NASD personnel assessments, NASD branch office fees, and American Stock Exchange (ASE), Chicago Board Options Exchange (CBOE), New York Stock Exchange (NYSE), Pacific Stock Exchange (PSE) and Philadelphia Stock Exchange (PHLX) maintenance fees. The invoice also includes state agent renewal fees and state broker-dealer renewal fees.

 

Members should read this Notice and the instructional materials to be sent with the November invoice package to ensure continued eligibility to do business in their respective states, effective January 1, 1998.

 

Questions concerning this Notice may be directed to your firm’s assigned Quality and Service Team or NASD’s Gateway, at (301) 590-6500.