NASD Notice to Members 99-102 - December 1999

NASD Announces Changes to Regulation T and SEC Rule 15c3-3 Extension Request Reason Codes; Effective Date: February 7, 2000

Executive Summary

The National Association of Securities Dealers, Inc. (NASD®) is making several changes to its Extension Request Reason Codes regarding Federal Reserve Board Regulation T and Securities and Exchange Commission (SEC) Rule 15c3-3. The changes include adding codes and aligning some NASD codes with New York Stock Exchange (NYSE) codes; the changes will take effect on February 7, 2000.

 

Questions regarding this Notice to Members may be directed to Susan DeMando, Regional Compliance Supervisor, Member Regulation, NASD Regulation, Inc. (NASD RegulationSM) at (202) 728-8411.