Special NASD Notice to Members 97-55 - August 1997

New Membership Application Rules, New Code of Procedure, and Other New Disciplinary Rules

Executive Summary

On April 18, 1997, the National Association of Securities Dealers, Inc. (NASD®) proposed to the Securities and Exchange Commission (SEC or Commission) SR-NASD-97-28, a rule filing containing proposed rules relating to membership application procedures; disciplinary proceedings; and procedures used to determine eligibility questions, impose limitations on the operations of members, impose summary suspensions, non-summary suspensions, cancellations, or bars, and adjudicate denials of access (Rules).1 The Commission approved the Rules on August 7, 1997.2

View Full Notice PDF 29 KB
View Full Notice PDF 31 KB
View Full Notice PDF 125 KB
View Full Notice PDF 90 KB
View Full Notice PDF 70 KB
View Full Notice PDF 18 KB
View Full Notice PDF 79 KB


The views, expressions, findings and opinions expressed in the comments on this Web page are solely those of the author(s) and FINRA accepts no responsibility for the content of the comments.


Comments By Date Received