NASD Notice to Members 98-077 - September 1998

Executive Representatives Must Maintain Internet Electronic Mail Account By January 1, 1999; Complimentary Hard Copy Distribution of Key Publications to End January 1, 1999

Executive Summary

The National Association of Securities Dealers, Inc. (NASD®) By-Laws were recently amended to require members’ Executive Representatives to maintain electronic mail accounts for the purpose of updating firm contact information electronically by no later than January 1, 1999.

Once established, member Internet access and e-mail will open up many options for timely communications with members and associated cost savings. It also will assist members with timely internal distribution of NASD information, notices, and publications. Thus, effective January 1, 1999, the primary distribution method for NASD Notices to Members and Regulatory & Compliance Alert will be via the NASD Regulation, Inc. (NASD RegulationSM) Web Site (www.nasdr.com). Members that elect not to use the Web Site versions will have the option of subscribing to hard-copy versions at cost.