NASD Notice to Members 01-75 - November 2001

Broker/Dealer, Investment Adviser, and Agent Renewals for 2002; Payment Deadline: December 7, 2001

Executive Summary

The National Association of Securities Dealers, Inc. (NASD®) Broker/Dealer, Firm, and Agent and the Investment Adviser Firm Renewal Program for the year 2002 began November 5, 2001. This annual program simplifies the registration renewal process through the payment of one amount on the member firm's Preliminary Renewal Statement. This is the first year the NASD will collect Investment Adviser Renewal fees for Investment Adviser (IA) firms for state regulators.

 

Renewal Statement fees will include: NASD personnel assessments, NASD system processing fees, NASD branch offices, as well as New York Stock Exchange (NYSE), American Stock Exchange (Amex), Chicago Board Options Exchange (CBOE), International Securities Exchange (ISE), Pacific Exchange (PCX), and Philadelphia Stock Exchange (PHLX) maintenance fees. The statement will also include state agent, state broker/dealer, and if applicable, state IA firm Renewal fees.

 

Questions concerning this Notice may be directed to the Gateway Call Center at (301) 869-6699.