NASD Notice to Members 98-082 - October 1998

SEC Approves Amendments to Automated Confirmation Transaction Service and Transaction Reporting Rules

Executive Summary

On September 14, 1998, the Securities and Exchange Commission (SEC) approved rule amendments that are designed to integrate transaction information reported to the Automated Confirmation Transaction ServiceSM (ACTSM) operated by The Nasdaq Stock Market, Inc. (Nasdaq®) with order information reported to the newly approved Order Audit Trail SystemSM (OATSSM).