NASD Notice to Members 00-45 - July 2000

NASD Announces Changes to SEC Rule 15c3-3 Extension Request Reason Codes; Effective Date: July 10, 2000

Executive Summary

The National Association of Securities Dealers, Inc. (NASD®) is enhancing its Extension Request Reason Codes regarding Securities and Exchange Commission (SEC) Rule 15c3-3 (the Rule). The changes to the reason codes will allow firms to request extensions of time pursuant to paragraphs (d)(2), (d)(3), and (h) of the Rule. The changes will take effect on July 10, 2000.


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