NASD Notice to Members 98-051- July 1998

Exemptive Relief Under MSRB Rule G-37(i)

Executive Summary

On May 28, 1998, the National Adjudicatory Council (NAC) considered two requests for exemptive relief under Municipal Securities Rulemaking Board (MSRB) Rule G-37(i). The NAC’s decisions are published below in redacted form, pursuant to a publication policy that the NAC adopted, described below.