NASD Notice to Members 99-01 - January 1999

Office of Disciplinary Affairs to Authorize all Enforcement Actions

Executive Summary

On December 30, 1998, the Securities and Exchange Commission (SEC) approved rule changes proposed by the National Association of Securities Dealers, Inc. (NASD®) that provide for the Office of Disciplinary Affairs (ODA) of NASD Regulation, Inc. (NASD RegulationSM) to authorize all disciplinary actions brought by the NASD. 1   These amendments will be effective on January 1, 1999.

Questions regarding this Notice should be directed to Eric Moss, Assistant General Counsel, NASD Regulation, at (202) 728-8982.

 

1Securities Exchange Act Rel. No. 34-40864 (December 30, 1998) (File No. SR-NASD-98-90).